Central, Derby United Reformed Church Charity Annual Report and Financial Statements Fortheyear ended 31" December 2025 Registered Charity Number: 1130551 HM Revenue and Customs Number: X5623 Central, Derby, United Refornied Church Charity Contoni8 Legal and administrative informaiion Elders, Aopon Tru8tee$'AnnLtaLR*port Indepgndeni E¥omingr'$ Report Stotemenr of Financi81 Actlwtlos Balgnce Sheet Noigs to Ihe Fin8nci81 Statements 10-18 Central. Derby, Unfted Reformed Church Charity Legal and administratfve information Tho Eld•rs ITvu•t••$ Mr6 C. Fielding Mrnc. Gould Mrs M. Hin¢h¢lrflg Mrs G. Barling Mrs. Goodman Mrs M. Lambkin ChuY¢h addiess Stuart House Green Lane Derby DE1 IAS Ind¢p¢nd•nt Examln•r M•lln Gadjby PKF Smith Cooper Limited Prospect House 1 Prospect Plgce. Dorby OE248HG Bank•r¥ HSBC 1 St Peter'B Streel DE12AE Central, Derby, Unlted Refomied Church Charlty Elders, Report forthe year ended 31 December 2025 The Eldgrs presenl Iheirreport tog81hÈrv￿tt th• financial ￿ateMentS forthe yearend8d 31 Dècambèr 2025 which havè b$¢n rndependeniiy ex8min¢d. In these accounis. for br￿lty, Ihe Central, Dety. United Retormed Church Charity is ref8rr8d 10 as the Church. Prlnclpal Aellvltlg¥ The principal activitles of the Church are worship. promotioo of the gospel. PO$lor¥l care and community Support. FIX￿ AS￿• Thè tllle deeds of the Church Ar* in the name of a Trust (The UnTrted Refomied Church E8St Mldlsnd8 Synod Incorporaiedl- In the 8vent ol ihe clo$ure or (f13solution of the Chureh this asset will rev6n io thE+ Trust so they are not included in these accounts. DetBlls of mowmenls offixed assets held In thè namo ofthe Church are shown in Not8 2 of the accounts. Truste•¥ The Elders are m8n8w.ng Trnst￿ and so legally responsible fo( the running of thè Church. The setving Elders duringthe yeaf are 8taled on p88• 1. Twst•es' re8pon8lblUtlas ¥t4lement Thg Irustee8 are responsible lor preparing the Trusie8s' AnnuAI Rèport and Ihe linanclal sf8lements in 8ccordancè with applicable law ¥nd Uniied Kingd¢xn Accounting Standards (United Kingdom G8n8r8lly Accepied Accounting Ptaclicel. The lawapplieablè to tharities In EnRi8nd &W8les require8 theTrustsè$to pr8pa¥e financial ￿81￿M￿ntS for each fln8wyci81 yeaT, which give 8 ifuè and 18ir view of the st8le of affairs ot the charity and of ltte incoming rèsoureès and applicatlon of re¥ources of the charity lor that period. In prop8ring ih880 financi81 statements. the trustee5 are required lo= select suitabl& accounting policies and then apply Ihem con81￿entLy. observe the m8thods and principles in the Charitie¥ SORP 2015 IFRS 1021: makejudgemenis and gstimates thai ar& reasonablè And prudent: state whoiher applicable UK Accounting sièndards have begn lollowed. Subject to any m8terS81 d8partums dl$¢108ed and explained in Ihgfin8ncial staiements- prepaie thè linancial Statements on the goin8 concern basis unless It ts inappropriate to presuma ttrièt the ¢h8rity will continue in Operat￿n- TheTrustees or8 respon$iblefor keeping proper8¢counlingrecords thatdlsclose with reasonable accuracy 8t any time the fin8ncs8l pgsilion of the charity and en8ble them to ensurè that th8 finan¢ial statemenis complywith IheCharitiesAci2011. Ihe Charity{Accounis and A￿orts) Regul8tions2008 and the provisions of the trust deed. They 8Tr 8(so respon%bie tor saleEuarding the assets ol the charity antl hence for taking re8son8ble steps lorthe preventlQn 8nd detection of lrnud and other irregularities. Ind¢pendent Examlner By ordei ol th? Elders Mrn C. Fleldlng Church Secretary D8t8- 31wi'L Central, Derby, United Refornied Church Charlty Trustees, Report for the year ended 31 December 2025 Thg Elde￿. Octing￿ Mon8gingTru31e93. prgsenl Iheirrgport thofingncial8t¥lgmeni$ ofthè Church for th8 y88r ended 31 Dèeemb•r2025. The lin8nciaL st8iem8nts h8ve be8n prnparè41 in accordance wilh Iha accounting polici89 Sot out in tho note$ to lh8 a¢count$ and comply wtlh Ihe charity'$ govèrnin8 doeumÈnt. Ihe Chèrili$$ A¢t 2011 onij Accounting and Reportlng by Charities= Statement of Recommended Pracitce appllcable io charitles preparin8 th8ir accounis in accordanee wilh ihe Financial Reporting Standafd applicable in the UK and Republic of Ireland publl$h¢d on 16 July 2014 ISORP 2015 (FAS 102) Js amended by Update Bulletln I published on 2 Fèbruary 20161. Gov•rnlng do¢um•nt The Church is part of thè United Roformed Church. an oryanisation set up by an Act of Parliam¢nt. The church was entered in the Register of Charities With effeci from 14 Juty 2009. and given the charity number 1130551. On the Ch8rity Commission websile. the govemingdocumenl is detined 8s-Tru$ts di$ti118d frorn the United Reformed Church Acts of Pariiament11972 and 19821 and the Schem8 of Vnbon119721.- Organ5satlonal struclur• The E(defsttip throUgho￿the year is reported in th8 ch8rity P8nicul8rs on page i. The Eld8rs are tha trust88S ol th8 Church. Th9 Eldgr8 rneel on 8 Monthtyb?s￿. These meglings cry￿rbuSInesS malter8. pastor81 i¥8ug¥and ongoing training. Although the Elders coUectNely are rBsponsible forthe stmegic diTeclion and legal liabilities of the church, th8 day.to-day managament ol lh8 church actMii08 ss d•l8g8ted io sycific groups There Jre different typo$ of groups: Thre8 gmups sèt up io g￿lfie purposes: l) W(trrship and Chrisiian Living Igamgd wilh Social Rgsponsibility. 21 Y04rth Work. and 41 Finance Te8m. which ronsists ol the tr8asur•r. a sècotKI older 8nd th8 pald bookkè8￿￿.TreIrWork8lso cowrs propèrty iSSU8s. Each group h8S a Convener. ConveneTs rewrt monihly to Iho eldws. meeting. FNe groups which work V4ilh the4r own manAgem8ni: Ihe Monday F8llowship. Ihè Tuesday Tols, 3Fs (Fiiness. Fèllowshlp and Fun). Cr81ty Fingers. a monthty craft group, Derby Inclusive Fellowship which meets Mice monthty. Rlsk mltlgatlon pouey During the year, worship&¥ng numbers have increased. 2 people been bro￿1 inlo membership. The members are the church's major source ol fevenue fundin8 SO the church is still aware of its financial vulnernbility in this regard. The Economic situaiion in the country in general is still a cause foT concem and is Slill having an imp8cI on our income. Thg congr8ggtion ar8 re8u18riy k8pt 8wAie at bi-monihly church meetings Dflhe state ol the churchb finances 8nd recognise Ihat careful mana8em8nl must conlinu¢. Room bookings have increased. Hr￿ever. the loss of the tenants on the 2-Ilwr whl¢h eniailed not only a loss of income, bul 8 Fequirement to pay business rales after a 3-month grace tOT empty prewnis8s. has nece881tated drawingdown of fundsbywayolsellin8 shares. Thè gloctronlc 8aitr$ now bringtxlra securltyto the already lo¢k•bl* c8rp8rk. Charttfjblo obfvdlhry)• The Church's obiectP488 can be classified into four main areas= Worship. promotin8 the gospel, pastoral care and community support. Central. Derby, United Refornied Church Charlty Trustees. Report tor tho year ended 31 December 2025 (Continuod) Publk 8eneftt Th& obje¢tNe of Ihe Church is the advanc•ment of Christian laith for tha bèn&fll of Ihe public in accordance with the Sch8m8 of Union of United Refomied Church. Thi8 is achipved by: Workingwith the local communityto provide ad(&l￿n01 support andf8ciitlies wherè nÈeded. Pro￿ding buildin8sllacilitteslopen space Making grants to organisaiion$ and don•tion$ •fter fLwd raising events. Providlng servic The Trustees have had f8g8rd to guidance published byihe ¢h81ity Commission on public benefit. Our naw mlnlstèr. Rev K8vinjones has now been in postsince Ma￿h 2025. How8¥er. as hè Is in chafge of 5 hurchgs 30 he is only able to preach for ug 8 lime$ per year. Hov•EYer. our pulpit $upply $ecTetary has still continued to lill Ihe roi8 each week. Wo havè bèen fortunate that our church family has also tsken seNices throu8how the ye8r. This was •spÈcl8lly important duringthe 3 monihs wlien Kevin wa8 absenl due io illness. Our 'Tu•sdby Tots. toddler group is gfowing. The m&temity leave of the pemianent ie&der was covered SUCCa55fully 8he relumed to work in No%embèi. The group is thriving and beno1ittin8 Irom increased presenc8 on the lots FB pbg8. Th8 church also ha$ an a¢livg web8ile. Facebookand Instagram pège and QR code. Soclal media ts a vital m8ans ot contacl Sn todAy'8 society. We endeavourlo keep these pages updated regu1811y. We conlinue to use oui entrance h811 as 8 means of connectingwiih our tenants and the manyvi851018 who come ihrough ourdoor8. All the Elders are volunlggr3. During 20251here hav& been fNè part-timg staff on the payroll. We appointèd a new Duly Manager who has prO￿d lo be 8 very good employ&•. St8ff wagès h8ve been in line with the livin8 wage ralher than th8 mlnimumwggo- Our p8rt-lime 3elf-employed book keeper conlinu88 to provid• support to our finance team. The Church is heavily dependeni on the èxtèn$pm 8UPPOrt of ManY￿￿lUn18￿rn in a widè rangè of activitl8S bul it is not possible to quantify the financial value. Prlnclpaifvr￿lng sourc•$ The Church's princlpal Tundlng CoTll￿ from IreewTII gr¥in8 We were rellèved thai in March 2025. Derby cliy Life Links received news ih81 th&irfundir¢8would remain in place. This gav8 both Them and us. a measum of financial security. In Jan¥Jary 2025. Vo¥ Femin8rum. IMOSAICCI look tenancy of the Ground Floor Wlth o rent.fre8 period of 6 months ￿eStablISh whotherlhe premises could be vi8bl¥ for Ihom. Al the beginning ol July, they began to pay rent. We h$ve drawn down funds io mitl8810 only a drop in income. W• kèèp a carèlul watch on both ou incorne and expenditure. We continuè to hope for a tenant for thè 2 ftoor and keep in close contact with our lèitin88 agents to achieve the best 94rtrome. Central, Derby, United Refornied Church Charity Trustees. Report for the year ended 31 December 2025 (Continued) How w)•ndllw¢ has $14Wrted the key0b1￿lI￿s ottheclwrch The Church 18 9318blished primarily as 8 place ol worship and to enabte the promotion of the gospel. li is Iso a méétin8 placè to Èfixbl8 the prowsion of Church-related activities and community suppon. In oijdilion. it i¥ 8vailable as a refuge for thosewishing to escape Ihe pressure of city lile. We are now enjoying Ihe fruit8 of th8 work prewousty done to refurbish this building. It has been used increasingly to fullil our aiffj8 Dbjective8. Wewill be looking loropportvnities lo develop this further. During the year we have had new one-off booking3 who hope to relum. We have bought new furniture in one of our rooms and new blinds loi our hall which havè tut￿¥•11 us tts black out the area for our Cinema @ Central p8rform8nce8. Achlev*m?nts We 8re continuing to make the community aware of our presence. Our fund raising has conlinu8d to be an Importani p8rt 01 our mission 8nd bve fgel il 13 important lo hold regular fund-raising activities for a wide vari8tyofchèritiès. Ourlink$with thè ¢ommunityhèveincreas8d.Wo are delighl8d to ha¥8 forg8d a iinkwith lh¢ lo¢£1 primary School which has Trn¥iA¥edvisils Irom them lo Ihe chuTch and the church member8 to the school. On8 of our m8mbèr8 1$ now tho chaplain and wsils the schoolweekly. Our links wllh D¢rby In¢lu¥i¥8 FglloYd8hip. {8n LGBT+ group. run by 2 of our members) are getting stronger. Th& group now mgets Iwi¢¢ monthly. Llnks with the U3A group arè good and thèy rBguL8rl¥ rèque￿ morè bookings. We valuethe pastoral suppongiven byihe eld•fS and Oih6ivolunteot5 to auwho P&rtolourcornmunity. All our 8xisiinggroups have grown in numb•ff. We consider Safeguarding to be of the utmo$i importanc¥. All eld*T¥ hav8 comploigd the r9qui￿d tryining levels. One elder now holds an Advanced galeguardingceniftcate. Cinemo@Central. a new initiaiive introduced byouryounger member8 h98 bepn enrvmolysu¢¢e$$lul. The 3 films shown during ihe year has a¥ero8ed an audienc6 0160 people ènd has broughi not onty welcome lund$ to the church bLtI n6wpeoplevisiiingthe buildingfor Ihe fi￿1 time. Tho 18naneyotlhe bungalow on Braylield Road continues lo be successful. with a good tenant iaking care ol the buildin& R•4érwi* poII¢y The church has some financlal rèsourcèsfrom thè sat8 ol prèvio*J8 bsJilding8 and from b8qU¢Sts. Tho Gengrol (Unro$tr￿I9dI Fund. from Ihe regul•rfr8ewill givin& provides the day to day running costs. There 1$ always Some m8int¢n8neowoFk reouir8d to tnsiweihe buildin8 18 in a good #nd 8o¢uro ¢ondilion. The level ol u￿re￿rICted funds has decre8s6d 10 £42.726. Designgied fund$ h8v8 d8¢rè8s¢d I É439.474 and r8stflct&d funds have do¢re•sed to £148.953. The overall position ol tho ¢hur¢tt h88 decreased to É631.153 The purpose of 8a¢h fund i¥ 8xp18ingd in thg note¥ lo Ihg accounls. We reviewihe funds every 6 monthsto ensurethat sufficient rÈs84ws arè maint8inè0 8ftd Ih8t these are 8V8ilable to promote the work ol the church. These funds InCI￿le provlsion for ttevelopment tsf the worship. care of ils members and to address any needs vlhich mayarise wilhin our local community. The 5yearlyquinquennialSuNeywhich iscompieied byall URC churcheswas held in September 202S. This was the lirsi in the new church building. Apart from a few rtrpairs which wère highll8hted. It was 8 mostly successful survey. A number of ihese hav• beon carl￿￿ out by our prop8rty team and ihe re￿ arè in hand. Thè SUTvey reflected the care and attention we payto our buildin& We endeAvourto malntsin 8 rèsery¢ 016 month$ of fvnd¥ to prwde tor QUT eX￿n￿lI￿re. We are confident thatwith good financial managemeni. the ¢hurch has a sound fuiurè. Central, Derby. United Refornied Church Charfty Tiuslees. Report for the year ended 31 December 2025 (Contlnued) As slatèd •aili8r w8 contlnuè tts work with Becket School. We are atso supporting the Derby Inclus￿￿ F8llow3hip. who no4v worship twice a we8kon the 1" Saturday and 3° SundAy. We hope ihe links wilh both will continue to grow. The Stre&t P8*ors h8ve u$8d thè building since SeptembeT 2020, irnnsferring Wilh us then. Tholr bose on our top floor 1$ & very acce83ibie ba8e on Fridayand Saturday evenings. Church Elde¥9 ond M¢mbgfS pro unifed in recognizingthe 4mport8nce of the POSiTion of these pr8mises at Stuart House wiihin the city centr8 and are eommiiièd to dÈvèLoping 8 deeper relationship with our fellow regldeni$ to Improvo thg enwronmgni boih forthe rosidenl$ 8nd visitors lo our area. We would tika io incr8ase ourfund-r8is1ng8￿I￿tl￿$ io ifftdudo more opportunities to ￿ach out to the local communty. Mrs. Chrl•tlne Fteldlng Elder and Church 5ecreiary Jf Approved byth• Eld0￿ on 3/4-1202 Central, Derby. Untted Refornied Church Charity Independent Examiner's Report to the TTu$toes of CentrnL Derby* United Refornied Church Charity. I report to the T￿￿￿¢S on Ihe accounts of the ¢huffh for the year ended 31 Decembèr 2025 which are set out on po49$ 810 18. Re•pMslbllltl•satyd bash of report As the chat¢tys irusfoés you #r8 responsible lor th8 prgparation ol the accounts in 8ccord8n¢e with the requirements of ihe Chaviiie8 Act 20111'lhèAci'i. l T8POrt in rè5pectof my examinalion olthe charity's accountscarried oth under se¢tlon 145 of the Act and in carrying out my 8x8min8tion I have fotlovAd all th• 8ppbc8b(e Directions glvèn by Ihe Charity Commission under$ertion 1445Kbl otthe Acl. Indep•nd•rrt •x•mln•r'is Statement I have compLet8d my ex8mtnation. I confimi ih&t no malerial malters have come to my attèntton in connection Wrfh the examination giving mè causè io bèli&ve that in any material re$poct= accouniing recor(Is wére not kept in iespeci of thgchgrity 88 required bys8ciM)n 130 otlh8 Acl; or th¢ p¢¢ount$ (to nol accord Vllth ihose r8cord$- or the accounis do not comply with the applicabig requirements concerning the fomi and conl8nt of accounis$o1 oul in the Charities (Accounts and Rèport$l Rggulations 2008 Oihorth8n any raquir8mÈnt that the accounts EIW a 'irue 8nd fair view *fvich is not a matter considered as part ot an independerFI examination. Ihavenoc ns #nd have come acmss no othgr ffl8tlgTr ￿ connection Wilh th8 ax8mlnatknn to which be drown in this rep￿t in ordor to en8bia a pn)per understanding of the accounts to bg oul artln G Ch•rtered Accountant PKF Smlth Coop•i Llmll•d Derby Dale: 17 N(XLI loo6 Central, Dety, United Refomied Church Charlty Y••r End 2VS T0ts12024 Funds FyrvJ¥ F*wJ¥ Fwd* Donat￿￿ & Legac￿8 I￿a￿labItA¢lTrAI1¢$ OlherTradlr4Athkne Inv05TheNs Other 31965 7,575 2fv11 7514 414%) 7,575 29.451 5.887 69.750 444 8x1 102 230 sn 102.716 113M6 ExP•nd￿Ur¢ Pwemlses Costs MINtsteriaicoJtJ Cvst8ofAcfpth*8 Grants Payable & Ro¥thctrd DO1￿￿7T￿paS￿JOn Go¥ern•KeCosts Oth*r eo,252 48.811 17947 9580 107.779 48,811 9.451 7.603 9.687 11.465 79.122 44.861 1647 9.202 B.958 8.280 419 7,gQ2 9Jn 8.498 1766 201 T•i•lEwtyJttr• 21.132 24,M 1x796 160mSO N•t h*om&llExp•Mlbtrx•l 117 (14* P2 48.514 112JB ?2￿ Tr•n¥F•r•8otsvoen Fund* Funrfs In I{0￿> 18A43 P7J gA57 N•t M¢wm•ntkn FuNI• Total Funds Brou4M FOTh￿￿ YotriFund$C•nW Ffrfward 81879 493283 439071 158.458 148J5 735.620 6Jl.1SJ 760,111 735,620 Central, Derby, Unlted Refornied Church Charlty Bolance Sheet as at 31 De¢emb•r 2025 2025 2024 Flxed Assets Property Church Equipment Tolal Tanglbl? Flxed Assets 192.008 35.070 227,078 192.008 41,058 233,066 Investments COIF Investmenty 317.057 317,057 424,446 424A46 Toal Inveslmonts CurrontAs¥ets HSBC 28.730 112 16.456 1.342 57.204 13.971 88.973 HSBC 3Fs Account COIF Deposit Funds Debtors 59.649 7.233 95.724 Total Gurrent Assets Current Llabllltlos 8.706 10.865 Net CurrontA89èts 87.018 78.108 Net A85018 631.153 735.620 Represènied By Fund¥ Unrestricted Funds Designated Funds Restricted Funds 42.726 439.474 148.953 83.879 493.283 158.458 Total Fund5 631.1S3 735.620 These financial siatèmenis w8r8 appro¥gd by the Elders. acting88 Tru¥leg5. and are 8igned on on Iheir behalf ty: Mrsam Goodman Treasurer Thè notès on pages 10 to 18 fomi part olthese financial statemgnts. Central, Derby• United Refornied Church Charlty Notes to th8 accounts for the year ended 31 Deoember 2025 NOTE 1- PRINCIPALACCOUNnNG POUCIES Basis of proparation The Church constituiès 8 public benefit entity as defined by FRS 102. The financial st8tem•nis havè bèen prepared in accordancè with Awounlingand Reporting by Ch8riti8$: Stalemenl of Recommended Praciico 8pplicabia to ch8rliies pt8P8rrng their accounts in Bcwrdan¢ts with Ihe Financial Reporting siandard applicable in ihe UK arid A8public of Ireland IFRS 1021 issued on 16 July 2014{8s updaied ittrou8h Up(f8t8 Bulletin 1 published on2 February 20161. the Financial ReponingStand8rd applicable in thè United Kingdom 8nd Republic 011￿land IFRS 1021. IhÈ Ch8rities Act 2011, UK Generally Accepted Practice and the Uniied Reformed Church guidancg. Thè Ch[￿h has applied Update Bullètin 1 a$publÉ$hed on 2 February2016 and does nol include a ca8h Ilow staternent on the 8rounds ih8t it is applwng FRS102 Section 1A. Ttte aceNAls basis of •ccounting has baen a¢opted. and the principalaccountingpollciè$ $8tout beloware applied consistently. No a¢¢ount has been made for any of thè un4yer7t money in the Derby A2C or D8rbyWèsi Group accounts becausè they •ro immatenal. b. Classification of Funds Funds arè cl88srfied accordingto the mann$r inY4hi¢h theyare ailv•MI to be spem. The Genelgl Fund 13 unrestricied. li is for lh• day-to-day runnlng ol the church and cgnlribulions to Ihe wider church. Designaied Funds arè unièstricled funds ear-marknd IN Ihe Trusiees for particular purposes. A lund is d8$I8rroted lor adminisirative purposes only 8nd doo8 not legally restrict the Tru8iee$ trom using its discretion to raapply thè lund. Restricted Funds ar¢ ¥ubjected lo restrictions on iheir èxpendtiure irnposed ty Ihe terms on which tho mon•y was rÈc•htsd. Flxad Assets E[oobo￿. Thè HtskIingTr￿8tees oflhe church. arethe URC IEa81 Midlandssynodl Ineorporaièd. (the Symod Trusi). who hold them upon trusi for purposas eonnected with the Church. Thi$ propgTty 18 shown at £ni1val￿ in thesè atcounts because, on disposal. the ￿18 proceeds would be r•t8ined by the Synod Trusl and would be available for future usg atthè Trust's discretion. The Elders Ot the ChU￿h 8 the Man8OngTrusiees. ii. The Elders are now responsible solety for the d8y.to. day mgint8nance of the church. Th8 M8ns8' maintenance has now reverted to Ihe Derbywest Group. ofwhieh Cèntral Is a part. The Manse is nowlgt and the day-to-day m8iniènane8 is supèrviaed bya leiiingsagent. Central makes lin8ncial contribuiions when requested ty1he1￿¥ur8[ofthI8 group. DuFIngihe￿a[ this manse was sold and Central receiv¢d a share otthe money held. No depreciaiion has bg•n 8ppligd to Iht fre8hoid property ty4vned by Ihe Church on the basis that the Trustees consider that the reshjual value is of Such magnitude ihat any dèpr•ciAtion charg8 would not be significant. il. Equin￿. Depreciatlon 13 prwded al various rat8s Calculat￿ on 8 Straight-line basis to wiite off a￿￿18 r)vertheir estimated useful lives: Mus￿￿1 Inslruments and fumiture Projèciion. printer and kitchen equlpmeni 10 Central, Derby, Unlted Refomied Church Charity Notes to the accounts forthe year ended 31 Decemb8r2025 l¢ontinued) d. Investments COIF IrNe8lments held in ihe name ofthechurch afè shth¥n In the xccoufits 8tlhèir falrv•lue 48 81 the yeaf- end as advised by the investmeni managers. The COIF inve8tm¢nts have been included in these 8ccounts 81 Iheir mid-market value as at Iho ￿rend. Income All incoming r850urces are included in the StatemeTrl of FinanGiglActtwtig8 ISOFAI when Ihe ch8rity 13 Iggolly entitled to Ihe income afteranyperformance conditions havè bèen met. thè amouni can bg measured reli8bly and it is probable ihal Ihè income ￿11 ￿ recèived. AII VDluniary giving is included in ih8 financial statsm•nts lor thè pènod in whlch it Is r#¢È￿d. Don81ions undWGlft￿d plus th8 &8SQCl8ted tax recovery are recognised as income whets ihe donalion is I￿¢1¥￿d. Legaelès are accounled for when their receipt is certain anty can be propèrly quantili¢(t. Unlg9s othgfWi$8 specilie¢J by the (lonor. leg8¢ie$ are 811ocated to the Bequests Fund {a designaied tundl. Income Irom the 8equo$1 Fund 18 allocated to the General {unrestrictedl Fund exeepi wher8 Oihepmise provided for ty thè donor. Expenditure Thè URC Mlnlstry Ènd Mi$$ion Fund contribution Is paid regtrtariy And18 s￿l￿ded Inihvtin8n¢ial ¥toi$m&nt$ for Ihg yg8r lo which it relatss. Resouic&s &xpend•(J ar8 reco8ni$•d in thè period in which thry 8re incurred 8nd include 8tiiibthable VAT which cAnnot be reco￿￿￿. Thgyare allocgted lo the particular aciivity io which they r8lat•. Governance co$1$ rEprB$ent dir8Ct expenditure on the gthwmance of th8 Church. includingth8 production and independeni scrutiny ollhese fin8ftcwl$t*Èments. A8 m08t of the m8negement and aCt￿ty of ihe ch￿￿h is c8rwied out ty volunteer3. this inrangible c081 is nol included in the financlal statèmènts a8 this Voluntary conlribution to the lile of the church Is incalculable. g. Taxation The Church 18 8 re8isiered chhtity within the meoning of the Taxes Acls. Accordingl￿ it is exempt Irom taxation in re8pect of income and capit8Lgoins r•c8ivèd Iolhè •￿entthat such income or 8ain8 are 8pplied to exclusively chariloble purposes No prLMsion tor lax8tion has been made in these financial slatements. h. Government grants Gov8fnm8nt grAnt8 Are recognlsed 8t the f8ir v81ue of the 8ssei recepled or receivable when there is rea80nable assurance thai ihègr8ni ¢ondiiK>nswitl bè met #nd th8 gr8nls will be received. Governmeni grants retsiingio lum0￿1 èrè recognls•d •$ Income over the periods when the relaled costs are incurr8d. Grants retsiing io an assoi ore ro¢ogni¥ed in income system8tically overthe 88set'3 expected U8eful life. 11 port of such a grani Is d&f8rred it is rèeognised asdeferred income r8therthan beingdeducted from the 8$$oi'$ car￿n8 amount. Central, Derby, United Refornied Church Charfty NOTE 2- FIXED AsseTS ID•slqn•t•d Fund) Church Bfayffieid Ad Total Cost As at 1 Jan 2025 Additions Disposals As At 31 Dec 2025 94,813 192.008 286.821 94.813 192.008 286.821 Dopreclatk)n As at 118n 2025 53.755 5.988 53.755 5.988 Charge For The Year Disposals As at 31 Dec 2025 59.743 59.743 NBV a$4t31 Dec 2025 35.070 192.008 227.078 NBVas at31 Dec2024 41.058 192.008 233.066 Central, Derty, Unlted Refornied Church Charity NOTE 3- Incom• Unrestricl•d De*n•W Restrl¢ted Tot•1 2025 FWKI Fwxl FUTKIS Tot•1 2024 Fvnds Donatlons and L•gael•¥ Id8ntilied Offerings Unidentified Offerings DDnatiori8 and Bequests Gift Day Tax Reco 13.896 1,911 13.896 1.911 6.715 1.360 10.955 7.423 230 12.896 2.603 4.694 320 1.106 7.492 340 1.872 10.955 Member Subscriptions Transport Subscriptions 139 7.284 230 Totsl Donatlons and Lo¥acies 32,965 2,011 7.514 29.451 charlt8bleAetI￿ll￿s Room Hire 7.575 7.575 5,887 Totsl C￿rItabl• Acllvilles 7A75 7￿75 5.887 (Xh•r Trad1￿*￿1¥￿1¢1 Fundraising Property Rentals SeN¢e Charges 2.979 30.525 11.060 500 3,883 30.525 12.190 3.643 45.862 20.245 1.130 Yotsl Other Tradlwknlvllles 46,598 69.750 Inv•8tments Inte￿81 Dwidends 1.754 2.315 {1291 820 2.445 3.380 3.481 4.963 Total Inve81ment Incun• 4.069 936 820 5,82S 8.444 Other Ineom• 102 126 230 Total Income 89275 4573 9￿70 102.718 113,536 13 NOTE 4- Expgndltur• Central, Derby, Unlted Refornied Church Charlty 2024 Fthl Ftrnd Pr•mb•esCo#ts Costs ol Cornts*iRoorn L6tr•igs 5tBIICA>SIS In8ur8t Hebr.Lighf & WatEr Meitstenance& R8pair4 Olher Premise5 Co&t 2220 27ts10 2.220 30.919 G.294 25.863 15.450 17.953 27.89 6.883 24.776 13.078 6&46 25263 912 14.538 17353 Tot•lPr•rniJtsCb•ts 17,947 9.510 107.779 79.122 t& M Contributio eentr4ls rninis1ry¢08ts Church Gifts 4dapcosts 44.980 1.192 239 2.4LKt 41176 1.379 306 1.192 239 44m1 Co8ts Olac*lvllle• OtaérGik 28 AcrMties.ovonis 8M hosmAIity Tv8nsp¢rtfor•¢Dwtses Troinersl Food lora¢tiwtie5 intemet 180 1.205 4390 3.581 877 125 1.359 3J10 3.702 IA)SS 1,205 3.390 3.301 235 877 MEtWiBls & consumatr￿S T•i•ico*i*otActivitre• 1.J¥Q •A51 9.647 Grantsyyabi• r•*trict•ddor•fj•n*p••*•do LoBDloutreh¢h Nation81 & intem8tion¥louve8¢h 253 703 9C¥) 5.6B7 2.515 Tot•lorJnts p•y•b* •ndr•*tri¢i•d dtsnallon•pM•*l( 9202 Administr8rk)n costs Indwdentex8m118tv)nr¢è& Bank Cnarges 5522 3,938 41 &563 3.938 6,033 2.680 245 73 9An 9.187 TotaloaJtyofeh•rlt•bhac I•AS$ 24.592 la3￿31 Other èxperbJbtiir• Depieuation oih 3283 4,977 2.510 2,766 201 SA77 Totslother oxp•nthE• 201 11M$5 8.2ts0 Total•xp•ndltyx• 1•4,796 1$•￿50 14 Central, Derty, Unlted Refornied Church Char5ty Notes to the accounts for the year ended 31 December 2025 (continued) NOTE 5- Dèsetlptktrn offvnd• GeneratFu￿d-unT0Stricted TI￿S i¥ used for the geneial ijay-ttrday runnire ot IhE church. Expenditure is authorised by a Group Convener. the Church Secielaryorachufch memiw responsbtelorthe pgrtruiaraclNityto%%*Mch Ihe 8Xpendi￿re relate5. A890ts Fund- Designated Tlmslund is usedto keep 8 fecordol wb¥tantial It8ff￿01 eqLMpment andto recordthe deWeCmt￿n inthairvalue. B•qu0￿ Ful￿. D•signat•d Thls fund was sei up many years a80 continu8$ to b• augrrwit8d fwom beq￿ts reGei¥ed. Ir 1$ In￿$t•d and th8 inGtsm0 15 lo wportth8Generai Ful￿. Maintsnance Fund- Desi8n&ted This Fund isto cover the regular rn8intenancÈrAth8 ￿[811 tsildi￿and isa prowsion for rnaior repairsand upgT8dlng a5 and when il becomes necessary. It is r8cwiz•J there are maTr)r repairs outstandrng7h*Mch wll require **Jstantial •xpendiluFe within the short term. Mlnlrt•M Dls¢roflon*ryFuMd-Designot•d Thi$ tun¢ and irsexpendiiure is ot Ihe solediscrfion (4lh•miTh*tr. MondayAftornDOn F•liv•8hlp Fund-Oe$l￿ated Thi$lund isa smallchurchgroupforelderlypeopletoortyoyafortnithttytirr*towlwwwth 8ub¥criptb)nswhichsuppgrt the actNitk?s Al¥0 open to non-clxwch rrvamber& Prowrty ￿nd- Desi8nat•d Thisfund support8the maintenaK• lund inco%*rink¢ostsof ￿pair•￿T￿￿OI ofareasof church building. Soclal Fund- Designated Thi$ fundcontinut$to S￿port aCti￿lIeS tr#)thwithinthe church andconn8Ctettcornw•Jnity8roups. Yum•re•qU￿¢ IChur¢h) Fund- D•$¢nat8d The B8quesi h88 been $Nen lor the le￿ra1 ol th• clNfych to be nwnayd to th1$ end by the Ministers and Elders of 1￿chu[ch. Youth Fund- Dewgnated Thi5 lund records 8i11helina￿1aiaC1b￿ass0cIated speUfirAty*iihchilth•naThlyokJ￿ people. N•tl¥1tyF￿d-He3111ct Thisfundwas created to ￿￿1&le sPeCrf￿1torns neodedtoupjwe Chri*masknThship. 0￿r•o¢h Fund. Il•siri¢ted The Church $￿pOrts dttt8rent charities. fknnètKTrns from frtmbeT$ 8nd olhÈrs. Fundrals6ng ac11v￿*1?$ arÈ unden)ken. The ChiJF¢h may also decido io don141e part ol its Ollw irtrcom6 to $pecrfic ¢￿illI*J$ or app&als. This fun record$ all these rran¥8thion$. *•Rocrootion Society-Re￿liCt8d At Iheir m••ting on 181h F•bm#ry 2021. the Eldeis to dis801¥8 the Recreal*)n Society. Thè Funds hèld by the Recreatian Srfjciety are under discuss￿n. This lund is nowd05ed. S•Thl¢• FU￿￿- Restrict•d The church receives bncome Irom thr8e 18r*nts. They pay a and a ch*4È. The ieni Is Iix8d loi a p8riDd of ye8rsandauRmeN$the General Funtl. TheSeryiceChaiÉe isthe tenanis. woponion ofrunningcosis and goe$ inro ihe Seryi¢e Chary F￿d to offgetCOStsin¢urYwL 15 Central, Derby, United Refomied Church Char5ty NOTE 5- Descflpllon offunds (contknugd) *￿￿rner B•qu•M- R•¢r•afh>nSocl•ty- Restricted ThÈRecreation So¢Ietyi•c•w8da￿ry8Ub￿11n1l&t￿u￿ThlS¢ontir￿￿t0bQ￿$¢dio$Uppc￿lth8wo￿k[11he¢tr￿rch %%Ythin the ¢ommunity- 3F•. Fltn888 F•Uo*thlp *nd Fun. FlestrKt8d This 8Cti¥ity was Bet up to enablp the church to r￿h (Mjt to the commjnty by providing physical and mont41 stlmulation to the elderty and dis*Jled. Most of the income comes from the ￿m￿rship subscription$. The physlcal exercises are led byqualifiedand insuieditsl￿rSV1tt0IeC¢￿e 1oeslortheirsenFiGes. Food costsfortheweeklylunches ore a subslantFai part ol the expendiiure. F￿d is prepared and seThed by a 10am of b￿lunteerS. many of whom a church membèrs. TT8nsporttoaThJ Irom thesessK)ns is wovided in sorn• eases. NOTE e- Movemenl In fund• foThvard Uni•strkt•d fundj Gerval *Jnd 83M79 89275 1148.8711 42.728 83079 89275 048.071 18A43 42.726 A￿et knnd Bwuests M8rnrenonce Mini$ters dÈscretionary lurKI Mot)d*y8ltemtA)n tsllowsw fund Property￿nd Sod81 Tum¢r bewe5rfclwhlfithd Youth fuTh 192.(￿8 741871 13,381 I92.1￿8 102.648 54 1.616 r2.550) 114.538) (2001 [701 P5.MOI 1.100 .289) 501 2.410 131 228 2.471 39.335 235 571 235 101.250 P.2041 99.532 2,726 13.7741 TotsldodgMt•dfuTh 4932¥3 3A73 1.132 I27￿00 250 439A74 R8•trlet•d 91 2.814 91 3,557 71.840 37 128.865 treach lund RecreatiorbSQCWknd S8￿ce￿Il&e1￿nd Tumw beques11¥*￿tu>TrIfi5F 3 F'¥fvnd 435 (7.1491 7A57 1.130 .079) 132.295 14.039) 18.5651 TOthir•fflr1￿dtU￿l 158.450 9M70 124.79 9A57 Tot•lfttywl¥ 735AO 1017111 631.153 16 ## **Central, Derby, United Reformed Church Charity NOTE 7 – Investments held by the Church** |**NOTE 7 – Investments held by the Church**|||||| |---|---|---|---|---|---| ||**Value at 1 Jan**|||**Gain/(loss)**|**Value at 31**| ||**2025**|**Purchase**|**Sale**|**in year**|**Dec 2025**| ||**£**|**£**|**£**|**£**|**£**| |**COIF Ethical Investment Fund**|||||| |Income Units (Bequest Fund)|149,746||(70,000)|(5,289)|74,457| |Accumulation Units (Property Fund)|41,155||(25,000)|(857)|15,298| |Accumulation Units (Turner Bequest Church Fund)|101,250|||(2,204)|99,046| |**COIF Global Equity Income Fund**|||||| |Accumulation Units (Turner Bequest Recreational Fund)|132,295|||(4,039)|128,256| ||**424,446**|**-**|**(95,000)**|**(12,389)**|**317,057**| ## **NOTE 8 – Debtors** |**Debtors**
Rental Income
HMRC Gift Aid|**2025**
**2024**
**£**
**£**
5,203
12,865
2,030
1,106| |---|---| ||**7,232**
**13,971**| ## **NOTE 9 – Creditors** |**Accruals**
Staff & Admin Costs
Independent Examination
Energy
Water
Maintenance
Bookkeeping
Bank Charges
Outreach
Food|**2025**
**2024**
**£**
**£**
3,492
1,720
2,800
2,600
1,322
5,053
81
-
625
-
378
308
8
24
-
1,000
-
160
**8,706**
**10,865**| |---|---| ## **NOTE 10 – Analysis of net assets between funds** |**Tangible Fixed Assets**
**Investments**
**Current Assets**
**Current Liabilities**|**Unrestricted**
**Designated**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
**£**
35,070
192,008
-
227,078
-
188,801
128,256
317,057
16,362
58,665
20,697
95,724
(8,706)
-
-
(8,706)
**42,726**
**439,474**
**148,953**
**631,153**| |---|---| 17 Central, Derby. Unfted Refornied Church Charity NOTE 11-Stoff ¢o$ts The ioial emoluments. including employeT'S naiional snsurance contributions ol £Nil. of gmployèes ot th8 Church were E30.199. The average number of èmployèèsw8$ 412024.51 There were no employee¥ who r8ceived tot818mployee boneflis of more Ih8n E60.IXM). NOTE 12-Trusie•s' l•Mun•r￿10n and oxp¢n8es In addition. dlrect r8lmbursèm8nis of coyts inCUr￿d on behalf of iho chU￿h totalling £1.903.21 have be8n P8id to 3 Iruslees. The amounis included the purchase of nèw biblés. and DBS charges. catering and various vouchors and lèavhnggifts. NOTE 13- Relat•d partytr8n#a¢tkn Apart trom those dlsclosed in Noi8 12. Ihere have been no other r•lèt•d party transactions in the year. NOTE 13- Independent ¥￿mInall0￿ An accrual has boen 8¢¢ounte(I for 8$ • fee of É2AIO includingvATforthe independent 8xaminatK*n of th8 8c¢ounls. 18