PALMERS GREEN UNITED REFORMED CHURCH CHARITY
Page 1
REPORT OF THE TRUSTEES
For the year ended 31 December 2020
The Trustees have pleasure in presenting their report and the examined financial statements for the
year ended 31 December 2020.
Legal and Administrative Infonnation
The Elders of the church together with the minister are deemed to be the Charity Trustees. The Elders
are elected by the Church Members and serve for a period of three years. They may then be re-elected
for a further period of three years, following which they will not be eligible for re-election for one year.
The Elders and Minister who have served during the year and to the date of this report are as follows:_
Mr Richard Hill
Mrs Margaret Jenkins (from 15.11.20)
Mr Martin van Staveren
Dr Paul Ashitey
Dr John Strange
Rev Melanie Smith
Mr Brian Hosier
Mrs Tina Ashitey
Mrs Fredwyn Hosier
Mr Derek Wilcox (from 15.11.20)
Mrs Estelle Muller (to 15.11.20)
The church premises are situated on the corner of Burford Gardens and Fox Lane, London N13 4AL.
The church secretary is Mr Martin van Staveren who can be contacted on 020 8886 9603.
Bankers
CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ
Objectives and Activities
The objective of this church is to advance the Christian religion in accordance with the doctrines,
principles and usages of the United Reformed Church. The church is part of the Enfield and East
Hertfordshire Local Area Group of the Thames North Synod of the United Reformed Church.
The church is also a member of Churches Together in Palmers Green, Winchmore Hill and Grange
Park. Membership of the church is open to all on profession of faith and acceptance by existing
members.
We aim to be a Church for all people who seek and share the Good News of Jesus Christ.
Structure, Governance and Management
The church has been in existence on this site for over 100 years, although a charity it was excepted
from registration. It was first registered as a charity on 16 July 2009 under number 1130583.
The detailed work of leadership and organisation is carried out by members of Core Groups consisting
of Elders and other members, with the Minister and Church Secretary associated as appropriate.
Currently there is just one such group:
Worship and Study:
Convenor
Mrs Fredwyn Hosier
The Core Groups are supported by a Finance and Fabric Resources Committee to deal with the finance
and property matters necessary to support the work of the church. The officers of this committee are as
follows:
Mr Tony Obi-Ezekpazu
Mr Brian Hosier
Chairman
Secretary/Acting treasurer
Overall leadership and pastoral oversight are the responsibility of the current serving Elders of which
there are 9. For pastoral purposes, they work in teams with non-serving Elders and other church
members.
Financial
The accounts for the year are set out on pages 4 to 7. The trustees have taken the opportunity to
prepare these financial statements in accordance with the Charities Act 2011 Section 144, using the
Receipts and Payments basis available to small charities, and the United Refomied Church guidance.
Following advice we have removed our investments from Monetary Assets and adjusted the Roof
Repair Fund accordingly. These assets are now shown under Other Assets.

REPORT OF THE TRUSTEES (Continued)
For the year ended 31 December 2020
Page 2
In addition, due to Covid-19 there was not enough surplus on Unrestricted Funds to transfer the usual
£30,000 to our Fabric Reserve and as that fund has a good balance it was agreed not to make any
transfer for this year.
Funds have in total reduced by £20k pounds, but the remaining balances are considered adequate for
future needs.
The designated funds are detailed in note 2 to the statements. These funds have reduced during the
year due to the reduction in transfers mentioned above. At the end of the year the total of our Designated
Funds was £263,474. Of this total £62,676 is held in a cash fund to help with the cost of replacing the
sanctuary roof when the time comes. In addition we have investments allocated to this rund and worth
£97.656 at 31 December 2020 and that includes a gain of £8,714 for the year to date.
The restricted fund comprises mainly of funds held on behalf of local churches for work with the
homeless giving night shelter supported by All People All Places.
Reserves amount to approximately 3 months expenditure which is considered satisfactory in view of all
exceptional expenditure being met from Designated Funds.
Investment Policy
In the past our funds were all held in bank accounts. However, when we were advised that work on the
high-level roofs is not likely to be necessary for at least 5 years, £50,000 was transferred to COIF
Investment Ethical Fund in 2016 in the hope that we can enjoy a higher return and at least keep pace
with inflation. At the year end this investment was worth £97,656 and it is still considered this work is
not yet required.
Risk Management during the year
The trustees have identified what they believe to be the major risks which the church faces and are
satisfied that these have been adequately mitigated where necessary.
Volunteers
As would be expected within a church structure, all activities of the church are carried out by volunteers,
apart from the Stipendiary Minister who is paid from a central church Ministry and Mission fund to which
this church contributes, and our Organists who are paid directly by the church. The work of the church
is, therefore, substantially dependent upon the voluntary members, but it would not be appropriate to
consider the value of their time.
Public Benefit
When planning our activities for the year, the Elders have considered the Commission's guidance on
public benefit including the specific guidance on charities for the advancement of religion. Everyone is
welcome to attend our regular services and other activities. Some of our regular worshippers are
residents in residential homes in the area and where requested they are assisted to get to the church
activities including worship.
Achievements and performance
Worship remains central to the life of Palmers Green URC, and we are grateful to the ministers, lay
preachers, and our own worship teams who lead services.
The Church is a member of Churches Together in Palmers Green, Winchmore Hill and Grange Park,
committed to undertaking activities together where possible and appropriate. We have continued to
work with these other churches during the year, meeting regularly with representatives, and participating
in pulpit exchanges and morning prayers during the Week of Prayer for Christian Unity. We also
participated in Lent Groups. This relationship with other churches is seen to be an important means of
increasing our effective service in the community.
Coronavirus
The church has followed all government advice and any additional denominational recommendations.
This has resulted in the buildings being closed for most of the year to all but a few permitted users. This
in turn has led to a reduction in our income from users of £60k. This has been mitigated to some extent
by reduced costs and we are currently making a claim on our insurers for this lost income. However the
work and worship of the church continued in other ways and we are not expecting any detrimental effect
on our ongoing work and mission.

REPORT OF TRUSTEES (Continued)
For the year ended 31 December 2020
Page 3
Achievements and Performance
During 2017 the church agreed to do more to include the local community in our fellowship, and adopted
a new Mission Statement:
We are a group of different people looking for,
and finding, strength and meaning in God's love.
You will always be welcomed gladly.
We worship and pray together.
We learn about God's love and forgiveness
through Jesus, the Bible and with the help of each other.
Together we will work to make Jesus present
by loving actions done, and by loving words spoken,
in this church and beyond these doors
Palmers Green URC is a member of the Enfield and East Herts Local Area Group, along with 9 other
neighbouring United Reformed Churches. The churches in the group work together on issues including
ministry, mission, and discipleship.
The church maintains and reviews a Safeguarding Policy, and DBS checks are carried out for all Elders
and Junior Church workers.
The church regularly leaflets the local area with details of Easter and Christmas services and other
events, and a weekly Saturday Coffee Morning is regularly attended by members of the local
community.
A 'Cards for Good Causes, charity shop led by volunteers was hosted again by the church before
Christmas, opening the church to a significant number of people.
During 2019 we started to look at the environmental impact of our activities. Various changes were
made so that we now operate in a "greener" way, and the church qualified for a Bronze award from Eco
Church. In 2019 we also became a member of the Inclusive Church network, which "celebrates and
affirms every person and does not discriminate"
We collected to support various charities. The church has continued to support work in Tabora,
Tanzania, through one of our church members who returned from working there during 2008.
We continue to collect food and cash donations for North Enfield Food Bank. During the winter of
2020121 we hosted a Night Shelter one night a week for local homeless people. This was co~ordinated
by All People, All Places, with different local churches hosting one night each so that the whole week
was covered.
Our church membership at the end of 2020 was 79. There were 10 people in the congregation attending
services regularly on Sunday mornings who had not yet committed to full membership.
While the number of children attending on Sunday mornings remains low, we have flourishing uniformed
organisations. Parade services each quarter are always well attended by these young people. Relations
with the leaders are good and there is a high level of participation in Parade Service preparation. Several
people from nearby care homes join us for Sunday moming worship.
The Covid-19 lockdown meant that worship services and other activities in our buildings ceased from
March 2020. We were able to reopen for two short periods later in the year, but closed again just before
Christmas in view of the worsening number of Covid-19 cases. Three of our members have sadly died
as a result of the virus.
From March 2020, online worship services for our Local Area Group of URCS were led by our Minister
and other preachers each Sunday using Zoom software, and these were well attended by our members
Those who preferred not to join online worship were sent weekly worship services by post, along with
our bulletin and magazine. Other regular church activities and meetings also took place online
throughout the year. These included a training session for Elders on mental health awareness.
Approved by the Elders and signed on their behalf by:
Martin van Staveren
Church Secretary

PALMERS GREEN UNITED REFORMED CHURCH CHARITY
FINANCIAL STATEMENTS PERIOD ENDED 31 DECEMBER 2020
. RECEIPTS AND PAYMENTS ACCOUNT
Unrestricted
Funds £
Last Year
2019£
(Total)
RECEIPTS
Offerings
Fund raising, donations and activities
Monies raised for outside causes
Gift Aid tax repayments
Other churches pastorate expenses
Legacies
Propety- manse lettings
Propety- church/hall users
Grants
FIT Payments
Sundry
Bank interest & investment income
Total receipts
Note
Designated
Funds £
Restricted
Funds £
2020
Total £
36,550
975
1,000
41,706*'.
1,420
1,975
2,170
9,802
1,562
9,802
1,562
4,296
23,000:
36,100
23,000
36,100
27,600
64,458
1,422
1,765
35
1,513
160,722
2,061
140
2,061
140
725
725
PAYMENTS
Ministry & Mission Fund
Ministry & worship expenses
Church running costs
Manse running costs
Programme activity costs
Support of outside causes
Other churches pastorate expenses
Maintenance of church buildings
Maintenance of manse
Total payments
NET RECEIPTS I (PAYMENTS)
108,628
3,287
2,170
114,085
49,876
5,908
41,081
1,969
49,876
5,908
42,467
1,969
43,860
10,216
1,386
900
968
5,576
4,140
25,850
500
1,519
2,433
18,830
24,668
-21,381
2,407
2,907
1,519
10,616
18,830
134,092
-20,007
8,183
98,834
9,794
10,590
-8,420
150,610
10,112
TRANSFERS between funds
SURPLUSIDEFICIT for period
CASH FUNDS blfwd 1 January
CASH FUNDS clfwd 31 December
STATEMENT OF ASSETS AND LIABILITIES
Monetary assets
-3,550
3,550
20,252 1281,305
26,496
263,474
11,968 1 313,525
3,548
293,518
303,413
313,525
Bank current accounts
Deposit accounts
Total monetary assets
15,425
11,071
26,496
3,548
18,973
274,545
293,518
263,474
263,474
10
6,704
306,821
313,525
Other assets
Investments- Roof Repair Fund
Gift Aid recoverable
Other monies due to church
3,548
97,656
97,656
2,046
2,046
2,591
2,220
Liabilities
Other creditors
1,159
APPROVED by the Trustees on 8 February 2021 and signed on their behalf
by Mr Martin van Staveren (name)
(signature)
1,159
5,629

PALMERS GREEN UNITED REFORMED CHURCH CHARITY
FINANCIAL STATEMENTS PERIOD ENDED 31 DECEMBER 2020
NOTES
, Page 5
). 1 ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Charities Act 2011 Section 133, using
the Receipts and Payments basis available to small charities, and the United Reformed Church guidance.
2 FUND ACCOUNTING
Unrestricted Funds may be used by the church for any of its ordinary purposes.
Designated Funds represent unrestricted funds set aside by the church for specific designated purposes; they
can be transferred back into general funds at the church's decision.
On advice we have removed the value of investments from the opening Monetry Assets and also from Designated Funds. We have chosen to reallocate the
opening value of £88,942 from our Roof Repair Fund. At 31 December 2020 in addition to the cash related fund shown below of £62,676 we hold investments
then worth £97,656 so a total fund of £160,332.
Fund name & purpose:
Fabric Reserve Fund
Roof Repair Fund
Benevolent Fund
Outreach/Outings
Other churches in pastorate
Special Purposes
Organ Overhaul
Balance
bl￿d £
162,832
62,321
3,300
712
Receipts
inytd£
370
355
Payments
inytd£
21,263
Transfers
for ytd £
Balance
cl￿d £
141,939
62,676
5,300
712
500
2,500
41
46,516
46,130
5,665
281,305
1,050
3,287
24,668
6,715
3,550
263,474
Restricted Funds represent income which may be expended only on those restricted objects provided in the terms of a trust or bequest, or donations or grants
received or invited for a specific purpose. These funds can only be spent on the specific purpose for which they were given. Any balance remaining unspent
must be carried forward as a balance on that fund for future expenditure on that specific purpose, or returned. It cannot be absorbed into general funds.
Fund name & purpose:
Balance
Receipts
bl￿d £
All People All Places Night Shelter
inytd£
Commitment for Life (incl Gift Aid)
3,735
1,788
Other outside causes (incl Gift Aid)
31
Halls Maintenance
351
1,562
1,000
1,519
1,386
Totsls for designated funds
Payments
inytd£
2,157
Balance
cl￿d £
3,366
31
151
50
8,183
250
8,183
Totals for restricted funds
11,968
2,170
10,590
3,548
Unrestricted
Funds £
This Year
2020
Total £
Designated
Funds £
Last Year
2019£
(Total)
Restricted
Funds £
3 MONIES RAISED FOR OUTSIDE CAUSES
(including Gift Aid)
Commitment for Life
Night Shelter
DEC
Christian Aid
Big Breakfast
Toilet Twinning
Other
640
1,788
31
313
1,788
31
313
225
119
325
585
4,158
28
10
28
Totals raised for outside causes
10
2,170
2,170
6,052
PROPERTY INCOME
Regular users and concerts
Casual users
Donations
33,391
1,612
1,097
33,391
1,612
1,097
58,266
4,958
1,234
Total property income
36,100
36,100
64,458

5 CHURCH RUNNING COSTS
Gas and electricity
Insurance
Water rates
Gardening
Telephone & postage
Stationery and photocopying
Magazine
Maintenance of equipment
Outreach
Cleaning/caretaking
Administrative Consultant
Sundry
8,452
6,009
442
1,167
785
2,136
2,259
8,452
6,009
442
1,167
785
2,136
12,407
5,680
1,196
1,440
822
2,121
lilli
2,259
5,860
4,474
1,386
3,334
8,325
11,692
2,095
1,570
11,692
2,095
1,570
18,890
4,164
721
Total church running costs
41,081
1,386
42,467
59,100
PALMERS GREEN UNITED REFORMED CHURCH CHARITY
FINANCIAL STATEMENTS PERIOD ENDED 31 DECEMBER 2020
NOTES - continued
Page 6
Unrestricted
Funds £
This Year
2020
Total £
Last Year
2019£
(Total)
Designated
Funds £
Restricted
Funds £
6 PROGRAMME ACTIVITY COSTS
Church activities
Outreach
Other
488
480
Total programme activity costs
7 SUPPORT OF OUTSIDE CAUSES
Commitment for Life
Other
968
500
Total support of outside causes
8 MAINTENANCE OF CHURCH BUILDINGS
Other property repairs
Purchase of equipment
Total maintenance of church buildings
9 MAINTENANCE OF MANSE
Exterior repairs
Manse improvements
Total maintenance of manse
10 MONETARY ASSETS
The church monies are not held in segregated accounts, but for the sake of this financial statement the total
of each account is allocated appropriately over the various funds.
11 ASSETS USED FOR CHURCH PURPOSES
The church building and the manse are vested in URC Thames North Trust as trustees and are not
church assets. They are held for the benefit of Palmers Green Church in accordance with the statutory trusts
applicable to URC properties under the URC Acts. For Insuran￿ purposes the church buildings are insured by
the church for £10,337,322 and the manse for £705,643. The church contents are insured by the church for
£83,005 and the Organ £979,580.
2,407
640
4,936
2,407
2,407
500
2,407
5,576
2,433
8,183
10,616
25,850
2,433
8,183
10,616
25,850
18,830
18,830

PALMERS GREEN UNITED REFORMED CHURCH CHARITY
FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020
Page 7
TREASURER'S STATEMENT
I have prepared the financial statements on pages 4 to 6 for the
accounting records of the church.
Brian Hc>sier
ear ended 31 December 2020 from the
(name)
(signature)
££x 3, ZOLI
(date)
INDEPENDENT EXAMINER'S REPORT
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31
December 2020 which are set out on pages 4 to 6
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and
in carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records.
Signed by the Independent Examiner:
date:
lo
Jean Margaret Wyber
7 Mornington Close
Woodford Green
Essex IG8 OTT