WITHAM UNtTED REFORMED CHURCH CHARITY Charity registration number: 1130664 TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31° DECEMBER 2023
Conlenl$ P$ge Trustees, Rert Objectives and ActiTrities Achievement and Perforn]an¢c Financial Review stnturC. Governance and Management Reference and Administrdtive Details Trustees. Declaration Lisl of Trustees Statement of Financial Activities 10 Balance Sheet Notes to the Statement of Financial Activities 12-18 Treasurer's Stslement 18 Independeni Examiner"s Report 19
Obje¢tiv¢s and Activities SUMM of the purpo.se of the charity With8Jn United Refomied Church Cliarity is a member Church within the Ea5tem Synod of the United Reforn)ed Church of the United Kingdom. which is COKlitUted in accordance with the Scheme of Union of the United Reforni¢d Cburch and the United Reformed Cburch Act 1972 as amended by the United Refornied Church Act 1981 and the United Reformed Church Act of 2000. The charity"s Governing Document provides that ils object is 'lhe advancelneni of the Christian faith for the benefii of the public in accordance with the Scheme of Union of the United Refornied Church-. Witham United Reforned Church Charity is a clwity registered with the Charity Commission. Sumll. of the main activities Our main activity is that of meeting regularly on Sundavs. and also mid-V¥eek-. for Christian worship and religious education. We also use OUT san¢tuarY occasionally for ¢on¢erts. plays, or displays: and H'eekly for Tehearsals by Wiiham ChoraI Society and Witham Singers. The Cenlre. an associated complex connected io the sanctuary. is open to the public six days a week. Facilities include a swrts hall. drop-in coffee area; vestrv15tudi: oifice: reprographics ri>om" several meeting rooms of vario$ siz£s- and a garden. These premises offer facilities to a Credit Union and i'arious other community services. as well as providing the Church with many opportunities to share God's Good NeNvs with the people of Witham tbrough oulTea¢h activities organised by the church f¢llowship. We offer a weekly meeting place for dementia suffe and their carers - 'Mernories and More. _ which is very popular among its users. The a Baby Bank is open three morning a week. li is hugely popular and much needed. we continued to provide a warnVwelcome space on Mondays. We also offer a weekly community lunch. Hovlever. our Mi10 to our community reaches out beyond the confines of our building5 thanks to God's love expressed through the caring activity" of our member5 and adherenls. Our work- with children. youth and young adults is a mix of in person and online. via video conferencing and social media pEarforn)s. Statement re Chathri Commission guidance on public benefit When planning the activittes for the year, the Inle¢S considere(L and believe that they complied with. their duty to have regard to the Charity Commission s published guidance on public benefit and. in pai1icular, the specific guÈdance on charities for the advancemenl of religio Policy on wt making The charity is not primarily a Jo ant rnaking charity but rather one which aims to directly provide service5 to the community. However. Church Meeting ha5 decided that the charify will annually give away IO% of budgeted General Fund giving plus the associated tax recovery. We have a committee that briTtgs to Church Meetino. nornially once a year. recommendations for awarding sums to charilies and good causes. Proposed recipients are split between local. national and international: Christian and those that support social need. charities that receive a sum on a regular basis for a number of years and others thal receive 8 sum on a one- oft- basis. It is Church Meeting that takes the decision as to whether 01 not to adopt the recommendations. Contribution made by volunteers The charity. being a church. un5urprisinglv relies heavily on volunteers from the church's fellowship in the expression and deliNery of the services provided: both in regular worship led by teams of musicians and duTing mid-week when our outreach relies heavily on volunteers. Whether il is in providing youth and children's activities. a weekly cornrnunÈty lunclL SUPPOrt re dementia or simply staffing our coffee drop-in centre - all these activities are provided by volunteers from the fellowship or friends of the fellowship. While paid staff help focus our work with the youth and children. and operate our kitche they are supwrted by twns of volunteers.
Aehieieftnents and Performance Ministerial Movements and Staff Chan£es Revd Lorna Bantock continues in her role &8 Associate Minisw. We have recruited a new cleaner after our previous cleamer moved away. Worship We endeaNour to make worship accessible to as w'ide a range of people as possible. with a bias to those who have no previou5 Church exwience: using modern iechnology and vaTied musical style5 to deliv¢r readings and modern hymns. and to provide relevant Christian education and guidance. We hold our main Sunday rnoming worship at 10:30am. and Sunday evening worship twice monthly at 6..30pm. Pan way through morning worship our children and youth go to age specific group& viz mini church (pre-school). kids church (primary age). and youth church (school years 7-10). We would like to re-start an older vouth byroup but lack both volunteers and older teenagers. All staff and volunteers working with childTen and young people are required to be DBS checked. A lunch-time service on Tuesdays is norn]ally attended by Ftople who work locally as well as those who worship locally in various churches on a Sunday. Worship is led by clergy drawn from the churches in the to5 as well as a number of lay-people. At the year-end our membership stood at 131. During ?023 we had around 133 children & young people under-eighteen conne¢t¢d with the church (knth during the week and worshipping on Sundaysl. We are encouraged still to be able to aitract children and young people who want to learn about God. Home studv groups During 20?3. nine adult house groups and one young persons house group met on a regular basis for bible study and p&storal support. a tenth adult hoe gTOUP has tecently swted to meeL As well as our usual services. Ehe church is available lo the community for weddings and fieral5. Baptism or dedication 15 available for children and baptism forbelieving adults who have not previously been baptised. Our Associate Minister is al%yS available to offer pastoral care members of the community at large. The Cenlre operates six mornings a week and is well used bv many people. Among these ar¢ Iwo Carer- and-child groups and occasional other events for children. Carn can meet and forn) friendships while the children play. Older people who suffer from dementia and their car¢rs meet on Tuesdays. The Community Cafe operates each Thursday. Friday and Saturday: on Fridays the cafe is followed by a community lunch. The buildings are also let out to other organisations. One of the rooms houses Holdf&st Credit Union. Other community events are hoed either on a regular or occasional basis. Mission and Outreach We are a member ol Churches Together in Witham and District. As such we sUPPOrt ecumenical projects within the town such as the Easter march along Witham High StreeL concluding with a service in ihe shopping precincl. We are involved in raising money for Christian Aid. Some rnembe also support the United Ret"ornied Church"s Commitment for Life programme which includes support for the World Development Movement. Each year we give a perceniage of the chutch"s Income to charitsble causes nominated by our Pledge Committec and agreed to by Church Meeting. In addition. each >ear V¥f have at least two fund-rdisin8 ventures ,bere nwmbers raise money for particular charities or similar Ix)dies agreed by the Church Mecting.
Financial Review Review of the chariry""s financial position Financial Sta¢entents The financial statements, including the notes: have been prepared in compliance wryth the Statement of Recommended Prdctice (SORP) -Accounting and Rep)rting by Charities ?015 (FRS 102). Stalemenl of FinancialAcliviti The Statement of Financial Activities is shown on page 10. with a more detsiled analysis of income and expenditure on pages 14 to 16. Total incoming resources for the year were £218.(X)9 (20?ll: £188.175}. The fallout from the pandemic continued to impact offerings and letiings. Total resources expended were £20022112022: £204.479). Ivhile our gas expenditure incre&8ed dramatically in this year. OT]r long-term electricity contract protected us from the rising costs of thai fuel too for the first part of the year. The increased utilities c05t in ?023 would have been even higher bui for a generous grant of £4.009 from the URC Eastern Province Trusi offsetting CO incr¢as¢s in the early months of the >'ear, for which we are most graieful. Our overall costs were less than in 20?2 because OUT contribution to the denomination's M&M Fund was £27k lower. Balunce Sheel The result outlined aE()ve led to a net £17.788 inctease in funds: leaving the Charity wilh Total Funds of £300.169 at the end of 2023. The charity"s curreni assets less current liabilities at year-end were £?68.396 (2022: £244.037). Yomih Pastor Fund The ?0? l income of this restricted fund was £25.930 (20??: £22.013) while expenditure increased to £?9.788 {20?2: £?7.915). At the end of the year the Fund siood £38.?78. Special Colleclions IT] the absence of any significant effort to support Christian Aid in particular, in 2023 we passed on £989 of collections through restrlcted funds (2022: £2.577). Our Pledge refocussed in the year to support a srnaller number ot'charitable organisations with generallv higher grdnts. The Cenlre The Centre activity throughout 2023 led to considerably incrrdsed opportunities for outreach and higher incorne of £23.113 in 2022 (202?: £18.661), there a SUTplus in the year of £8.954.
Sialement eYpl4inlng reservespolicy The Balance Sheet on page I I shows the disposition of ihe various Church funds totalling £JOO.169 at 31 December 20?3. The tern] "reserves" describes ihai part of a charity s Income funds is treely available. This definition of reserves therefore nOmllY excludes: a) restricted funds. b) any part of unrestricted fimds not mdily available for spending, specifically: funds which could only be realised by disposing of fixed assets held foT charitable Se. Because the charity is primarily a service provider to the community rather than a grant maker and bccause it is extremely dependeni on generous volunlary giving by Christian worshippers and others. it requires reserves to tide the charity over periods of financial diificulty faced by its SUPPOrters without having to restrict the conimunity outreach services provided or threaten the sItIon of any of the small number of employees of the charity. Moreover. since most of the activitie5 carried on by the charity are b&sed thin the premises rnade available to the church. it És necessary to have reserve5 lo be able to maintsin those buildings to a good slandard at all limes. It is felt that having reserves which enable the church to meet all its outgoings for tw'elve monlhs plus a modest amount to meet Property costs is appropriate to give the TnLStees time to reconsider the activities of the church in the event of a major fanCIal collapse in giving. Amount ofreserves held The level and purpose of the designated funds is set out in Note 16 on page 17. The net &ssets of ihe unreslricted funds total L?60.936. They include fixed &ssets & slock- of £32.127. Since the 2024 expenditure of ihe church is budgeted at £2?8L before around £1 ik of Cafe expenditure. the reserves held are barely sufficient to cover this. Recogni5ing this. in March 2024 the elders &sked members of the congregation to onsider increasing their giving and also: shortly. will be approaching the Eastem Synod for generous grant support for some of our mi&sion outreach aciivities. Addilional informolion The chariis pnncipal sources of fimds En a typical year. approximately three-quarters of the Charity's income comes from direct giving by church WOTshippers together with the t&x reclaimable under the Gift Aid scheme. Almost half of the remainder arises from letting of chuTch premises for various activities and, apart from a small amount of bank. interest, the balance from the outreach activities based at The Cenlre. ?024 will be a challenging year bul. since there is at present no sign a collaps¢ in giving. the tnteeS consider that the charity remains financially viable. Hopefully, the recent appeaR to givers aDd the approach to Synod will improve the position iu conjing months. Investment policy and objectives Because the charity is so dependent on volunlaT)' giving intended to support its activities by members of ihe Church: we have been relucianl to use funds given in ihis way to attempt to create further income which is of a Trolatile nature and puts the money already pn)N'ided at risk of loss. Re¢ognising lh thi5 will give rise to lower income in some years but a lot more in others the charity has chosen to invest fimds only in secure deposit accounts or the equivalent where the capitsllaccumulated income of the charity is not at risL This provcd beneficial during the pandemic. Description of the principal nsks facing the cliarity The charity maintains ? risk registers which are kept under regular review. Major risks identified as TnLStees' Risks relate to: (i) health and safety. (li) protection of children and oiher vulnerable people. (iii) compliance with employment legislation and (iv) ensuring that tnleeS act at all times Thith integrity. Major Fellowship Risks include (i) loss of vision for the church and for the Centr& (li) failure to be open and welcoming to newcomers and (iii) shortage of willing volunteers to cany on our activilies effectively. Policies and PToceduTes to manage these matters and mitigate the risks exist and regular review by the tTUStees ensures that the policies and procedures are adheTcd to. Like many otheT5. the church will need to Te&ssess the risks caused by pandemics and the like when the way ahead has become clearer.
Structur& Governance and Mana Description of chariiy.s Ints The Charity comprises all the assets and fimds held on behalf of the-witham United Refonned Church" other Ihan properties held under trusts declared in Schedule 2 of the United Refornied Church Act 197? (as amended b). the United Refonned Church Acts 1981 and 2000) and those held on oiher specifica]ly declared trusts. Type ofJoverning document The current Governing Document of the CEwit) was adopted by resolution of the Wltham URC Church Meeting on Tuesday. 26 May 2009. How is the charity constituted? Witham United Refornied Church Charity is an unincoTpoTated association registered with the Charity Commission. ement Tnjstee selection methods including detsils of any constitutional provtsions The Ministers and those serving Elders of Witham United Refonned Chuwh Charllty eligible to act as trustees are its trustees. The Church Members have deterniined that nonnally there should be a complement of 14 serving Elders who are each appointed for a period of 3 years. {Periods of seryice are staggered so that Some nomally come to an end each year.) Elders who have served for two successive periods must have a sabbaiical year before bein8 eligible for re-nominati0 For each electiotL Dominations are sought from among* those who have been on the Roll of Church Members for at least one yeat and who may" or may not hae previously served as an Elder at Witham or in another church of the United Refonned Church. EldeTS elected for the fiisl time are ordained to the role of Elder at the beginning of their period of service. lan HunL David and Sarah Wellings were elected to serve from l January 2023. with Tony Dellgbto Fenella and lan Hardie. Muriel Heppinstail. William Kennedy. Keith Meredith and Gavin Mccall. Additional information Policies and Procedures adopied for the induction and training of trustces Copies of: health and safety procedures. the constitution of ihe charity, its Data Protection Policy Statement, a guide to Eldership produced by the URC nationally. guidelines on conduct and behaviour for elders produced by the URC nationally. guidelines for EKders produced by Witham URC. and a document produced by the URC nattonally documenting the role responsibilities and liabilities of elders &s tnjstees are provided to each individual elected to serve as an Elder and trustee. A power wint presentaiion providing a guide lo th¢ consiitulion and. the role and responsibilities of the trtees is also available for the Elders to consult al any time. The Cburch Secretaties are available to any EIderrrrtCe to discuss Elders [[nleeS responsibilities. The charitv'"s oiganisation structure and wider network The Elders are supwrted by a forn1 syskm of Committees (or similar groups): Worship Property Centre Support Group Finance The Elders meel monthly to rei'iew the activities of the Church and to receive reports from the supporting Committees. Recommendations are made to Church Meeting which regularly meets every other month. The Elders keep under review the ability lo finance the agreed activities of the Church and the risks presented by externalities. such as changes to the regulawry framework relating to the proper management and use of the Church buildings complex. All major policy decisions are considered in principle, and expendire approved in principle. by the Elders before being put io the meeting of Church Members. In common viith the practices of the United Reformed Church. the Church Meeting is the ultimate decision-making body of Witham United Refornied Church Charity.
Relationship with any related parties Witham United Reformed Church is within the EasteTn Synod of the United Refomied Church. The Eastern Synod Tneets in full twice a year. Between such meetings It is represenied by its Execuiive, Pastoral and oiher committees. Every year representatives from each Synod of the Unitrd Reforn]ed Church meei to form the body. General Assembly. General Assembly takes decisions potentially impacting th¢ whole of the denomination. It is the practice of the Uniled Reformed ChuTch that certain type5 of major decisions taken by General Assernbly musi be confTrmed by its Synods and member Churches, wilh a sei percenlage of Synods and member churches required to be in favour in order for a decision to be confinned. Such issues coming to individual churches are voted on by each church"s Church Meeting with the result communicated to ihe applicable Synod. The Unsted Reforrned Church TrusL the TnS of the 13 Synods and the Trusts of individual churches belonging to the denomination are all separate and independent charities not under Common control. RefereDce and Administrative details Charity name: Witham United Refornied Church Charity Other name the charity uses: Witham URC Charity or Witham URC Registered charity number: Registration Number 1130664 (registered ?2nd July 2009) Charity's principal address: Newland Street, Witham. Essex CM8 IAH Declarations The truslees d¢¢lar¢ that they have approved the trustees" rep)rt above. Signed on behalf of the charity's Inl¢es. Signatures: Full names: Revd Lorna Bantock Mr Antony Deighton Church Secretary Position: Minister Date..
Names of the chari trustees fvho mana e the Charity Revd Lorna Bantock William Kennedy Gavin Mccall Antony Deighton Fenella Hardie Keith Meredith lan Hardie David Wellings Sarah Wellings Muriel HeppinstaIl lan Hunt
WITHAM UNITED REFORMED CHURCH CHAIUTY STATEMENTOF Flh'ANCIAL AcfiviTIES FOR THE YEAR ENDED31 DECEMBER 21123 Ilnrestrirted FuNds Restrgtted TOTAL TOTAL GeDeral Designated FuAds 202J 2022 No INCOMING RESOURCES IocoTne and enthM'm¢tts from: Donatio$ and ie8acies Actii'iiies fur genttEn8 funts Jovcstmenrs 11¥169 ?7741 7120 39159 151A>28 50854 81?7 145862 4n203 73113 38 969 Ttstll Tllcoml rtsources IW30 41W28 218009 188175 RESOLIRCES EIPEliDED Eipellditt ork Rai>ing ti]nd MuLisTiaJ costs VRC MinisiTr & Mi55ion Fund C051$ of chUh aaii'iiics Grattts payabl¢ & trird passed on 365 4693 9)708 365 4693? 139693 13231 2054 74184 112i78 15662 14197 12242 29788 989 io Totsl resourcts expended 143(M)5 30n6 200221 21M479 inttsmellexpenditllTt) btfort Ir9#5fer5 17788 (1630J4 Gross transfets b¢tween fmjds 16.1 7287 5667 1129541 Nrt incomellexpenditurel before rocogni4ed g•iBy (lTrsst51 18312 2379 12930J 177$8 Gains I110ssesl on tiivesththt assffls movernent ID rftS 18312 23r• T•tsl blfwd l JIDDry 2023 225291 42136 28U81 298685 Totsl cifwd JI DectThlr 20LI 243604 17332 39233 J(k)169 282J81 INot¢ 1$) (Noie 17} Analysis of the 2022 fiqures above is set out Ért hot¢ 2. The Dotes on pages 12 10 18 form part of these financial sta*ments io-
WITHAM UNITED REFORMED CHURCH CHARITY BALANCE SHEET AT 31# DECEMBER2023 Uttrcstrl Fund Rr5tritltd TOTAL TOI'AL Gtrteral Dtsigff a¢e41 Finds 2023 2022 FIXED ASSETS Ta0)ble Assets 26389 5384 31773 38344 CiIRRENT ASSETS 354 354 Debtots C¥h al bank. ond in hand 20776 199330 4766 34467 28671 ?18294 I 1594 245391 Total eurrent 220106 Y)233 271287 246996 CirRR£NT LIABILITIFS CrpJitor5: amounts fallwg dKwitbiD I vear 14 2892 2939 NET CURRENT ASSETS 217215 11948 39233 268396 244037 TOTAL ASSETS LESS CURRENT LIABILITIES 243604 17332 392Z3 3169 282381 15 ear TOTAL h4ET ASSITS 17J32 39233 300169 282381 THE FLI%DS OF THE CHARrrY Ilnr¥rs¢t¢d incorne funds: General Dcsignated Tvtsl unre5trirted incomt funds 243604 243604 17332 260936 225293 14953 24O?46 16 17332 R¢stri¢i¢d inwm¢ lunds." 17 39233 39233 4?136 17332 39ZJJ 3W169 282381 APPKOVED BY CFIURCH MEETING HELD ON & SIGNED ON rrs BEHALF B Y REVD LORNA BANfocK ICHAIRI Idatel IsigD*ui¢l The notes on pages 12 to 18 fomi part of these fmancial statements zz 13lu
WITHAM UNITED REFORMED CHURCH CHARITY NOTES TO THE STATEMEKfoF FINANCIAL ACTIVITIES FOR THE YEAR ENDED31 DECEMBER21123 Accouf4TING POLICIES Basis of Accounting The Charity ConltU1es a TrblIc Benefrt Entity & defFnpJ by FRS 102.The accounts (financial statem¢ntsl have been Prepared in aewrdance with the Stsremeni of Re¢ommended Prdcrice: Accounting and Reponing by Charitie5 preparing their OUnts in accordanfje wilh ihe Financid Reporting Standard Bppli¢able in the UK and Republic of Ireland IFRS 102) issued on 16 July 2014. the Financlal RewTrning Standard applicable in the UK and Republic of Ireland IFRS 102). the Charities Ad 2011 and UK Generxlly Accepted Practice &5 it applÉes from I January 2015. The financial SeTents have been PTepared give a 'true and fair. view and have depaned from the Charities (Accounts and Reports) Regulation5 2008 only EO the extthi required to provÉde a 'trne ond fair. view. This departure has involved following Aceouniing and Reporting by Ch8riiies PTeparing their acco115 in Accordance with rhe Financial Reporting Stsndard applicable ID ihe UK and Republic of IrelaTJd (FRS I O?) i&wed on 16 July 2014 r&her than the Arcouttting and Reporting by Chariiies". Ststem¢nl of Re¢¢)mmended Practice effective from l April 2005 whith has since been withdTaWn. The fEnanctai ststements are prepared on a going concern b&51$ under the histi)tic cost convention with items recogiiised at cosi or transaction value unless otherwise stated tn the relevant notes io thes¢ Kcounts. Fund Aecounting Unrestricted funds are available for use ai the discretion of the church in furtherance of its charitable objeaives. Resrricted fund5 are subjected to Tewiciion5 on th¢irexpendiwre imFwd by the donor. orcontained in the terms of a granL Ib Tangible Fixed Assets Freehold property: The Sole trustee of the church buildings and the manse is the URC (FAstern Province) Ttust which holds them upon tru51 pernlitting occuparKy by WTtharr] URC. The current manse. at 24 SOn Dn"Ye. Witham. js Én the Easiern Synod Manse Scheme. Expendlltuy Tncurred by the charity on the church and manse is wrttten off in the year ii is incurred. Equipment: Depreciaiion is applied in a straighi line overa p¢rTrod of 5 to 25 ye8r& G4l¢ulated io wriie off over their estimated useful lives, except irems coAing les5 than £250 arc WTitteD off ui the year of purchase. Sifjck: Stock in the Church Cafe is valued at cost. Debtor5: Debiors are measured initial reCOlt10n * settlement amount lrtcoming Resources Donations are recognised if1COTne when the donation is e1ved. The tsx reclaimed on Gift Aid donatiotss is reColSed in the pertod in which the donion is made and is allad io the same fvnd as the donation. Legacies are accounted for when the CeIpt is probable and can be properly quantified. All other income is generally cOgnIsed when it is receivable. The value of voluntsry help received 15 not included in the ttccounL% 15 des¢ned in the tru5¢5 annual report. Resourees Espended Resources expended are Yecogniseil in the period in which they a incurrEd and include attributable VAT whith cannot be recov¢Ted. They are alliKated to the particular Activi to whirh they relate. Creditots aTV mwjred settlern¢ni amouni. Ig Ih Taxation As a registered chartty {Registration number 1130664 from 22no009}, the church is an extepled charity within the meaningofthe T¢S Acts. Accordingly. li is potentially exempt from taxation in respeet of income and capitsl gains Teceived iothe extenr that such income orgains are applied toexclusively chariiable purposes. No provision for t&Xation has been made these fJnanci&l statements. Pension$ The charity initiaied a defmed con1ntiOn pension 5clieme in Awil 2012. Contributions are charged as expenditu they become payable. 12-
WITHAM UNITED REFORMEDCHURCH CHARITY r¥oTES TO THE STATEMENT OF FlyANCIALA1VITlEs FOR THE YEAR ENDED3A DECEMBER 2023 Noie 2022 COMPARATIVE FIGURES Th¢ tdnalysis of the 2022 compardtive figtsres included in the sement of Financial Aciivities above is as follows Vre5tritted Fund5 Restricted TOTAL GeThEral Desiglled Fund5 zozz INCOMIP4G RFSOURCES Inwme and endowtrtrnts tinm. thnation5 and legacie5 Aaitrilies foT ga)¢raitng fitnds In.erry¢I5 129830 L?742 1848 700 17961 24J32 145862 40203 2110 1449211 2&S90 188175 RESOURCES EXPENDED ExpeDditure on: Raising lunds Minisi¢TisI costs URC MiftistN & Mission Ftyl Costs of church activities Grants payable & re5tricd doD&tion% p&8scd on ?054 74184 70674 2110 1054 74184 I 12579 15662 13W) 12885 27915 2577 Totsl T¢yJurtts expeuded 3022J 20U79 Ntl iDtomellexptnditurel bef•re traDslers GTDS5 ¢TaDSt¢TS b¢tw¢rn funds 117385Tr 7385 Net iDcomel(expuJditurel before rttogolsed galns Ilossesl 15902) 11630J4 Gains 111055es) on inveSu1 e 14et ThovemeTrt ID funds {59021 1163041 Totsl fuDds blfwd l JAnu#ry 2L12Z 15778 480JB 298685 Totsl rlfwd 31 December 2022 225292 42136 282381 13-
Uurestrittrd Fllytds Restrirtrd TOTAL TOTAL Gtnefal DesigAted FllAds 2023 2022 DON.4TIO.YS & LEGACIES Gift Aid dooations wd offtrknrics (£1797 WLek_ 20>2 £1855 Pef week-l Special off¢rings and fknatiDn5 Income t&x refuTd5 under Gift Aid Legacies 93451 93451 96479 2n55 Z2163 15WJ 341)08 5851 36063 28014 15 21925 26458 iooo 39859 Is2¥ 145862 ACTIVITIES FOR GENERATING FUINDS ChurLh L¢lli Driipirt ColTee CqLt Job ReieniioD S¢htrnc Grants CenirL Shop 20958 20958 23113 20603 17961 23113 Capital Grani&TrinaiioMs 6713 6783 1639 27741 23113 508)4 40203 INVESTMENT INCOME Bank DJiLYe51 712 38 8127 ziio COSTS OF GENERATif¥C FUYDS MINISTERIALCO MaT¢ uliliiicq & in5ufdn£e Car & tr4¥dling ¢xpen5e5 & NE Mi1&e[la7 Office Lypens¢5 Ilook A]lOWCe Manse rep1$ 644 307 365 363 738 365 365 2Q54 MINISTRY & MISSION FUND The church contribe5 to the central URC costs of training and providing minislers {inclllding the centralised payment of stipends. pension contributiorts and other benefits for ministers). running the denornillation. and the wider mission of the national church. In 022 unrestrirted income of The Uniied Reforned Church TTUSt amounted to solne £20.4 rnillion. 82V( of which wa5 provided thrgh the Ministry & Mission Fund e(trntributions from Churches: unrtstricied expendÉture amounied io some £20.7 million. 80/0 of which rel*ed io ministerial 14-
Uttrtstricttd FUdI RestTirte4 TOTAL TOTAL GtAerl D¢5ietitrd Fund5 202J 2022 COSTS OF CHURCH A1VITIEs CHIIRCH COSTS Uiiliiies & insurdll£¢ Busldillg rnainterw]ce Cleaners LiirDCCS music STDall equipment ()thcr TUT?8 Losts L?048 22(M8 7466 1.4801 22(Kl ?J43 2921 121KJ8 8065 11477 ?129 1884 138nl 22(K) 583 2921 1560 49019 151A) i0579 38731 TEACHING COSTS ChTldT¢ll and b'oung people Adults programmcs Yputh P2SIOT SaTr liTrcl. ETnplDyu5NIC) Youth pagor eXpLse$ 1422 i90 142? $90 29466 215n 1147 273b2 130 201? 29577 31589 30789 COMMUNICATIONS T¢l¢phoD¢ Pap¢r & 5talioTW> Repwgrdphi Chur¥h¢s Tog¢ther 185(J fA2 73: 1850 642 732 1220 438 8Q 1211 3224 1858 OTHER PROGRAMMES MinibLLS Cenire Office Ma@$ Dmpin C¢ntr¢ HospitaliN' Manag¢r enirt SP 4407 13468 4407 13468 11475 14(MO 15373 9390 11475 14040 21111 31915 11475 43390 29838 rkpreciation offumiwr¢ & equi1 9538 Ing11 11363 95708 14197 139693 112579 G114NTS PAYABLE & RESTRICTED DONATIONS PASSED OP Pldge l.eavin8 GIftlATl05 URC Commithicni for Lif¢ ChTiSlian Aid HwNesi eollccrion 12242 12242 1?885 200 264 887 264 264 51 674 674 1266 £ioooi 12242 13231 15662 15
TOTAL TOTAL 2022 2022 Not PAID EMPLOYEES S¢off COSL GTOSS Wages & Salarte5 EEnployer s NationJ i[LU¢C Ethployet S contTtbutions 70637 i3U82 1616 1333 Totsj stsff Costs 72253 5H15 Th¢ thzrity hul 6 w14iTDccrnpknyee5 duTiP 081 of th¢ )'ear. Av¢rdge numb¢r of fvll-iime equivakni emplov¢¢s the Y¢ar 2022 2022 Chritable attivilies Thc charity particip&es in a defjned (Jntribution pellsioD thme & employer contributions (£1616.09 in 2023) ate Charged as Qpendi¢uTC as thcy bccomc Yab ()nly eontributiolls Tcthe Youth Pas10 alknc•&l to the r¢striued Youth Pastor lund. Therewete no eTnployeeswbose cttdcd E6U.O(KJ during 202.1 lir 2022. tKtwe¢Tr thc & any of its Tn during Ihc >¢ar. 12 TANGIBLE FIXED ASSETS Minilw$ Furn& F411iP. tOTAL TOTAL 2023 2022 Cost Brought foTh•rd l J&Juary 2023 AdditiOE15 Dispt)sa15 25230 193783 4340 21YOI.I 43411 IOI 209971¢ Y(>.15 10) Carrid torn'aTd 31 Dcranbq 2023 25230 198123 223353 219013 DppTecilio Brougbi forwd l JAtsuwy 2023 17661 1631 18IW>9 169306 Clwged duriugthcyar Disposa]s 11363 10) (o) {0} 101 CaTricd forward JI Dc(%mbrr2023 20184 171396 191580 180669 NÈt Book V#lue Ai 31 December 2023 Z6727 3JT13 Ai 31 Dttemb¢r 21rJi 7569 30775 38344 41167? There are no capiial commiThents at the year end. For the reon5 stated in Actounting Policy note la the ehurth buildings are tangible fixed a&sets of th¢ ¢hur¢h. For insurance purposes the church buildin85 are insured by the church for £6J81.326. The dwr¢h ¢onnts are insured by the church for £i54.018. 16-
Uttre5trlrt Gtllerxl Rutrirtod TOTAL TOTAL Ik&igntd Fuads 1023 2022 rott 13 DEBTORS L¢ttin8s 111 orrws 2)5 4294 255 4294 4191 2264 1803 20306 UiililLeS gtaiiL hcr prep.Ments Ta¥ refunds iTh arrvars Legacy ¢Ypccted 1345 14881 1345 19648 4766 20776 4766 25542 28ts71 14 CURRENT LIABILITIES Crediiors pa%"able withitt one vear. Room Htrc in ad%'ance 239 2653 739 2653 2842 (hherutdiiors 2892 3959 Is DEFERRED LIABILITIES CTediior5PAy8ble atiermore than otte year 16. DESIGNATED FUNDS The church operatr5 two tk5ign4twJ Fund5 with th¢ encourwent of Church Meeting: Pledge Fund - this rE¢eived IO% of the budgeted General Fund diTert giving PL L8socied tax recovery. The fund is used to make grant5 to individuals in Chrisiian MinisTry work. Chri5ttan organisations which ihe church wishes to support 2nd emergency and relief WOTks. The Fund is adTlliniStered by a group of members. the Pledge Commillee. and its recommendations ¥re approved by Church Meeting. The fwd balance provides immedigthresponse emergency monies shothld need arise between Church Meelings. Centtr Fund- thi5 15 used to fund the various activities which tske place in the Centre. Trnnsfers are made to the General Fund. The Fund is Supervised by the Finance & Centre Committtts. The fund bal3no provsdes ongoing w'orking capital. The mtrveMeot OD the D#ign#ttd Fund% during the ye•r werv. Ctatre TOTAL TOTAL 2023 2022 Balante rwd l Januarv 2023 TraT[tr fromlllo} Gttleral Fund Bank. IniLYc Drop in Coffe¢ CcDITe ICoJ¢TE Slw No*41 (hhtr fttttd-raising events 2050 11667 129)3 IOiK)O 38 23113 14953 5667 38 23113 15778 7385 13717 30054 43771 41828 Grants (none oNer£lOOOI Depreciation Major Building refuFbi5bwAI Pur¢h35e of small equipnjent Inone oyer 5[>> Drop Coffee Cetttre I Ccrstre Shop18tt Note 91 {122421 1122421 1128851 111621 115601 115601 113ll71 Balan¢¢ dfwd 31 Dec£tTts2023 1475 15857 17332 14953 17-
Note 17. RESTRICTED FUNDS The church accounts include thTtt Restrbcted Funds whete the m¢)nies cau only be used for thc gpecific Puse for which they were entrusted to the church. The monie5 we noi &the dispwl of th¢ Church Meeting forany purpose and represent.. Youth Pastor Fund - the church has appoin1 a part-time Youth Pth)r and part-time Associate Youth Pmor. Im a job- share. paid by spe¢ifK gifis and grdftts raised for their diyeth suppoTL Mission Fund - in 2023 a number of people began to give money specifically to support ihe ernployment of a Kitehen manager (renamed a Hospitality Manager). Followi8 a receni chllrrh Tneeting decisioD, the money is now being C support widermission oriented staff chang¢& Sperial Collections Fund - at differ¢nt limes of the year monics we rdised in the chtsh to support Specif charitsble projects. Tht ffjovements tstt the Restri F¥4d5 dpriDg thtyur wtr Yotrih Missio P•Jt•r Spteial TOTAL TOTAL Collections 2023 2022 Ba]anc¢ wfwd l Janw 2023 42136 42130 48038 speci OtTerings & doTthtion$ Income rtfiulds Gift AÈd Coronaviru% Jab ketenEiDll Scheme GTants Bank Intere# ?0495 1254 1385 989 34nTr8 5851 ?Q044 4288 969 969 258 68066 13909 8?964 72628 Youth POrsals. liDc emplww'sNICI Youth P&sEOT"5 upensts Graftts payable & restried (knwionsp&wJ on 1294661 1322) 1294661 1322) 1139431 1273621 15531 125771 11?9541 19891 Bajance clfi¥d 31 Dc(¢mbtr2023 38278 955 39233 42136 Stta31 coll¢£tiorLS are detailed rTh Not¢ 10 OTHER ASSETS HELD BY TRUSTEES The Trustees of the charity are. by Yirttit oftheirolTice as Elders of the Churth alsD trSte¢S of th¢ Wtiham British School Tty3. Althou£h this IAtter Tnt shares trustees with ihe charity its &ets are enlTrely separat¢ and do not appear in these TREASURER'S STATEMEwr I have prep8r¢d the financia] slatem¢ttt pages 10 18 for the year ended 31 DecembeT 2023 lan Hordie {Nanie) {signauwe) (date) 18-
UNTfED REFORMED CHURCH ClIARy FINANCIAL STATEMI ENTS YL4R EWDED 31 DECEMBER 2023 IIYDEPENDEwf EXAMIER'S REPORT IDdeptndeni Examitttr's Report t• the Tnty¢tts •f URC Charlty {¢hrhy Dumber 1131b664) I rcporf the accounts of the Wiiham URC Ch8n"ry forihe yearended 31 Dc¢emlKY 2023 whi¢h are sci otll on pages 10 10 18_ Respective responslbWtie5 of trnstots Ind The church's mistees are Tesrx)nsible forthe weparw of the a¢¢xAmts. The ¢hurch"s ttvstees cot)$ider that an audtt is noi quirtd for thi5)'earuAdei seeiton 144of the chan.ti Aci YOI I l'knYCharitiesA'"}&MI thai an indepththenl ¢xamin2lion is neede li Js my T¢SPDnsibrlit)' to.. dtniue the attounts 145 of tk Clwi¢ies ACL to follow the laid down in thc gcncral Direthxjs given by thr ClaATity Lommi55ion (under seciio 145{5Xbl of the Chan"ties Acii" and Io S&le whL%b¢r Particula¥ bave to alMU¢rt BA5is of IpdepEfjde#t Examiner's -Mv examination was cated ut ID 4ccord4n¢c with general Dir¢¢tions by the ChaTity CJ)rtrmissioty. An ¢x•mirtation inLludes a r¥vi¢w uf the au[ing rw)nls kLV by thv charily dnd ¥ u)ThPdtison uf the with ih4)%e records. li also itiLludcs Lonsidtratioo lif any unusual i&ms OT dis¢lostirtb iu th¢ a¢counts. ond L'xplI1tstts from the tec5 conLrrnin8 such rnatiers. The prrth u[mIeTr not provsde all the evidence thai would be required Èn an 8udil: and corLse4uehilJ no i]Ptnivtt is giveEi as ILJ whether ttie ac£othnts presenl a'lrue and fair. view a[ the rLy>ri ts lirnited to thosc mall¢T5 5L out in the stam¢Dt txlctw. Indepelldeni Ei8miDer'$ 5tattmeDt In wiib my rIn1)I1rL ha8 th)me lo rny aiieniion: I l} 'hI(b Etves tne re4soDable cause belIeVe ID any material res[ thc tequirernrnts to krtp accounting records in xcordaDCt with seaion 130 of the Clwiiies Act: and 10 prepare aLa)UD¢s h1¢h &rord Aith the acco110 rrLumls aTMI with thc accounliDg or the Ch01iti&% Art have not been or 121 lo whicb. in my opinivn: ainiioD sIM)uld bc drnwn in orthr to entbl¢ a utsd¢rstsndirJg ofthe a¢Lounts to reachd. Idaic) Narn¥. proftysional qualification atml kn ofthdeptsthi Examtiw. ERIC NELSON I I CURLEW CLOSE KELVEDON COLCHF.STÈK C05 9PJ 19-