WITHAM
UNtTED REFORMED CHURCH
CHARITY
Charity registration number: 1130664
TRUSTEES, REPORT
AND ACCOUNTS
FOR THE YEAR ENDED
31° DECEMBER 2023

Conlenl$
P$ge
Trustees, Re￿rt
Objectives and ActiTrities
Achievement and Perforn]an¢c
Financial Review
stn￿turC. 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 COK￿litUted 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 suff￿e￿ 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 Mi￿10￿ 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 In￿le¢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 ho￿￿e gTOUP has tecently swted to meeL
As well as our usual services. Ehe church is available lo the community for weddings and fi￿eral5. 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 ho￿ed 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 nOm￿llY 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 f￿anCIal 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 tn￿teeS 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 tn￿leeS 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 In￿ts
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 ha￿e 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 tr￿￿tees is also available for the Elders to consult al any
time. The Cburch Secretaties are available to any EIderrrr￿￿tCe to discuss Elders [[n￿leeS responsibilities.
The charitv'"s oiganisation structure and wider network
The Elders are supwrted by a forn￿1 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 expendi￿re 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 Tn￿S 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 In￿l¢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 gent￿tEn8 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
MuLis*TiaJ costs
VRC MinisiTr & Mi55ion Fund
C051$ of chU￿h aaii'iiics
Grattts payabl¢ & ￿tri￿rd
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$8
Gains I110ssesl on tiivesththt assffls
movernent ID r￿ft￿S
18312
23r•
T•tsl blfwd l JIDD*ry 2023
225291
42136
28U81
298685
Totsl cifwd JI DectThl￿r 20LI
243604
17332
39233
J(k)169
282J81
INot¢ 1$) (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
Ta￿0)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
3￿169
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 Con￿ltU1es a Tr￿blIc 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 S￿eT￿ents 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 acco1￿15 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 S￿On 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 reCO￿lt10n * settlement amount
lrtcoming Resources
Donations are recognised if1COTne when the donation is ￿e1ved. The tsx reclaimed on Gift Aid donatiotss is
reCo￿lSed in the pertod in which the don*ion is made and is all￿a￿d 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¢n￿ed 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 con1n￿￿tiOn pension 5clieme in Awil 2012. Contributions are charged as
expenditu￿ ￿ they become payable.
12-

WITHAM UNITED REFORMEDCHURCH CHARITY
r¥oTES TO THE STATEMENT OF FlyANCIALA￿1VITlEs
FOR THE YEAR ENDED3A DECEMBER 2023
Noie
2022 COMPARATIVE FIGURES
Th¢ tdnalysis of the 2022 compardtive figtsres included in the s￿ement of Financial Aciivities above is as
follows
V*re5tritted Fund5
Restricted TOTAL
GeThEral
Desig￿lled Fund5
zozz
INCOMIP4G RFSOURCES
Inwme and endowtrtrnts tinm.
thnation5 and legacie5
Aaitrilies foT ga)¢raitng fitnds
In￿.e￿rry¢￿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 & re5tric*d 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 inveSu￿1 ￿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
DesigA*ted FllAds
2023
2022
DON.4TIO.YS & LEGACIES
Gift Aid dooations wd offtrknrics (£1797
WLek_ 20>2 £1855 Pef week-l
Special off¢rings and fk*natiDn5
Income t&x refuTd5 under Gift Aid
Legacies
93451
93451
96479
2n55
Z2163
15WJ
341)08
5851
36063
28014
15
21925
26458
iooo
39859
Is￿2¥
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
Mi￿1&e[la7 Office Lypens¢5
Ilook A]lOW￿Ce
Manse rep￿1$
644
307
365
363
738
365
365
2Q54
MINISTRY & MISSION FUND
The church contrib￿e5 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 thr￿gh 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 FU￿dI
RestTirte4 TOTAL TOTAL
GtAer*l
D¢5ieti*trd Fund5
202J
2022
COSTS OF CHURCH A￿1VITIEs
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 S￿aTr liTrcl. ETnplDyu5NIC)
Youth pagor eXp￿Lse$
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 S￿P
4407
13468
4407
13468
11475
14(MO
15373
9390
11475
14040
21111
31915
11475
43390
29838
rkpreciation offumiwr¢ & equi￿1
9538
Ing11
11363
95708
14197
139693
112579
G114NTS PAYABLE & RESTRICTED
DONATIONS PASSED OP
Pldge
l.eavin8 GIft￿lA￿T￿l0￿5
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[L￿U￿￿¢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
Q￿pendi¢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
DppTeci*lio
Brougbi forw*d 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 re￿on5 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 ¢on*nts are insured by
the church for £i54.018.
16-

Uttre5trlrt￿
Gtllerxl
Rutrirtod TOTAL TOTAL
Ik&ign*t*d Fuads
1023
2022
r*ott
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￿ L8soci*ed 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 immedig*thresponse 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 Pu￿￿se 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 appoin￿1 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). Followi￿8 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 chts￿h 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
125*4
1385
989
34nTr8
5851
?Q044
4288
969
969
258
68066 13909
8?964
72628
Youth P￿Orsals￿. liDc emplww'sNICI
Youth P&sEOT"5 upensts
Graftts payable & restri￿ed (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 tr￿Ste¢S of th¢ Wtiham British School
Tty3￿. Althou£h this IAtter Tn￿t 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 ClIAR￿y
FINANCIAL STATEMI ENTS YL4R EWDED 31 DECEMBER 2023
IIYDEPENDEwf EXAMI*ER'S REPORT
IDdeptndeni Examitttr's Report t• the Tnty¢tts •f URC Charlty {¢h*rhy 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)$ider that an audtt is noi
quirtd for thi5)'earuAdei seeiton 144of the chan.ti￿ Aci YOI I l'knYCharitiesA￿'"}&MI thai an indepththenl ¢xamin2lion
is neede
li Js my T¢SPDnsibrlit)' to..
dtniue the attounts 145 of tk Clwi¢ies ACL
to follow the laid down in thc gcncral Direthxjs given by thr ClaATity Lommi55ion (under seciio
145{5Xbl of the Chan"ties Acii" and
Io S&le whL%b¢r Particula¥ bave to alMU¢rt
BA5is of IpdepEfjde#t Examiner's
-Mv examination was ca￿ted ￿ut ID 4ccord4n¢c with general Dir¢¢tions by the ChaTity CJ)rtrmissioty. An ¢x•mirtation
inLludes a r¥vi¢w uf the a￿￿u￿[ing rw)nls kLV by thv charily dnd ¥ u)ThPdtison uf the with ih4)%e
records. li also itiLludcs Lonsidtratioo lif any unusual i&ms OT dis¢lostirtb iu th¢ a¢counts. ond L'xpl￿I1tstts from
the ￿￿tec5 conLrrnin8 such rnatiers. The prrth u[mI￿eTr not provsde all the evidence thai would be required Èn
an 8udil: and corLse4uehilJ no i]Ptnivtt is giveEi as ILJ whether ttie ac£othnts presenl a'lrue and fair. view a[￿ the rLy>ri ts
lirnited to thosc mall¢T5 5L* out in the sta*m¢Dt txlctw.
Indepelldeni Ei8miDer'$ 5tattmeDt
In wiib my r*￿In1)I1￿rL 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 acco￿￿11￿0 rrLumls aTMI with thc accounliDg or
the Ch01iti&% Art have not been or
121 lo whicb. in my opinivn: ai*niioD 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-