2024-12-31-accounts - Guildford United Reformed Church Charity

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ANNUAL REPORT and ACCOUNTS

For the YEAR ENDED 31 DECEMBER 2024

FOR

GUILDFORD UNITED REFORMED CHURCH CHARITY

Registered Charity Number: 1130808

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 2

CONTENTS OF THE ACCOUNTS For the Year Ended 31 December 2024

	Page Number
Annual Report and Accounts	3 --7
Statement of trustees’ responsibilities in respect of the accounts	7
Independent Examiner’s Report	8
Statement of Financial Activities	9
Balance Sheet	`0
Notes to the Financial Statements	11 - 16

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 3

ANNUAL REPORT and ACCOUNTS For the Year Ended 31 December 2024

LEGAL AND ADMINISTRATIVE INFORMATION

Name and Registered Number of Charity

The Charity is known as “Guildford United Reformed Church Charity”. Its registered number is 1130808.

Administration and Management of Charity

The charity is administered by the Trustees of Guildford United Reformed Church who represent the members of the Church and are the Minister of the Church and elected Elders of the Church.

Appointment of Trustees

The Trustees are all appointed by Church Members at the Annual General Meeting of the Church or at a specially called meeting of Church Members. In the case of the Elders they are appointed for three years and may be elected to serve for a further three years before retiring for at least one year and, in exceptional circumstances, for a further year, except for the Church Secretaries and Church Treasurer for whom there is no time limit. Any Minister remains in situ after the call to the pastorate until he or she leaves for another pastorate or retirement.

Scope of Report and Accounts

This report and the annexed accounts relate to the operations of the Trustees for the year ended 31 December 2024.

Governing Document

The Charity operates under the 1972, 1981 and 1990 United Reformed Church Acts of Parliament.

Name of Trustees

The Trustees serving for the full year were: Mrs H M Davies, Mr R M Dunnett, Mrs W A Dunnett, Mr A Green, Reverend W C Hawkins, Miss A Marshall

The following Trustee served for lesser periods as stated: Mr G Baxter (1 Jan 2024 - 14 Apr 2024) Mrs S Badger (from 14 Apr 2024)

Principal Address

83 Portsmouth Road, GUILDFORD, GU2 4BS

Other Relevant Organisations or Persons

INDEPENDENT EXAMINER

BANKERS

Chris Lowry CPA CAF Bank Ltd Chamberlains Accountancy Ltd 25 Kings Hill Avenue Elm House Kings Hill Shackleford Road WEST MALLING Elstead ME19 4JQ GU8 6LB

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 4

ANNUAL REPORT and ACCOUNTS (continued) For the Year Ended 31 December 2024

NARRATIVE INFORMATION

Origin and Historical Review

The Church was formed in 1662 in Guildford as a Free Church initially worshipping in Black Horse Lane and then in Chapel Street. It became a Congregational Church in about 1706. The Church moved to North Street in 1865 and to its present site in Portsmouth Road in 1965.

When the Congregational Church in England and Wales and the Presbyterian Church in England united in 1972 to become the United Reformed Church, Guildford Congregational Church became Guildford United Reformed Church.

Mission and Objective

Guildford United Reformed Church is an open and inclusive Christian community.

The Elders are committed to enabling as many people as possible to worship at our church and to become part of the community which uses our premises. The Elders maintain an overview of worship and make suggestions on how the many groups that are involved in the life of the church can participate in our services. Our worship puts faith into practice through prayer, scripture, music and sacrament.

The Elders have considered the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion when planning activities to enable anyone to live out their faith as part of our community through:

Worship and prayer; learning about the Gospel and developing their knowledge and trust in Jesus. Provision of pastoral care for people connected with the church. Mission and outreach work.

To facilitate this work it is important that we maintain the fabric of the church building.

Achievements and Performance

Worship and Prayer

Family worship is normally held every Sunday morning except on the last Sunday of most months when an informal all-age service is held in the afternoon. Services continue to be live-streamed as well as being available as a recording. The average attendance in church has been around 30 with an unknown number joining online. Messy Church is normally held on the first Saturday of each month, with an average attendance of about 60. A children’s Holiday Club for about 70 children was held in July. There is an Open Table (LBGTQ+) service on the first Sunday afternoon of each month as part of our commitment to being an Inclusive Church.

As well as our regular services, we enable our community to celebrate and thank God at the milestones of the journey through life. Through baptism we thank God for the gift of life, in marriage public vows are exchanged with God’s blessing and through funeral services friends and family express their grief, give thanks for the life which is now complete in this world and commend the person to God's keeping.

Pastoral Care

Through a network of pastoral visitors, regular care is maintained for those associated with the church.

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 5

ANNUAL REPORT and ACCOUNTS (continued)

For the Year Ended 31 December 2024

On two Saturdays every month the Church has continued to run the only Contact Centre in Guildford to enable children whose parents have split to meet the non-resident parent.

The church is a collection point for food bank donations and home to various social need groups including about fifteen 12-Step groups. During winter months the church has been open weekday mornings under the Warm Welcome/Warm Hub project.

Mission and Evangelism

Helping those in need is a demonstration of our faith. The church has again made donations to Guildford Town Centre Chaplaincy and Cherry Trees (a local organisation providing a safe place and respite care for children with disabilities,) both in part through another successful Christmas Tree Festival. The church also raised sizeable sums for Christian Aid, including through the URC’s Commitment for Life project. A large number of charities use our premises either free or at reduced rates.

Ecumenical Relationships

The church is connected with many other churches in the town through the Guildford Town Centre Chaplaincy. There are especially close links with a local Anglican church, St Nicolas’ with which we hold a number of joint services and study groups. We are involved in the local Inter-Faith Forum and also welcome a Muslim group for their daily prayers.

Children and Families Worker employed jointly with St Nicolas’ Church Guildford

The post is split 75% with us and 25% with St Nicolas’ although the cost of joint activities is split equally. She has run monthly Messy Church with growing numbers, another very successful joint Holiday Club in July and a monthly group for 11-16 year-olds, as joint activities, as well as various groups in our church for younger children.

Community Worker

Community work has continued with an increasing emphasis on support for those with dementia and their carers through weekly sessions with a mixture of musical activities, games playing and informal coffee and chat as well as a monthly lunch club, open to a wider range of older people. There was also a two-day Holiday at Home in August and a one-day one in December both for around 50 people. A very successful Community Day was held in August with a range of activities, performance displays and stalls which attracted around 400 people of all ages. Ways of further widening our community outreach are being investigated.

Volunteers

Much of the community, outreach and mission work is done by members and others associated with the church.

Application of Income

The Church’s income is used for the advancement of the Christian faith for the benefit of the public in accordance with the Scheme of Union of the United Reformed Church.

In addition to this the premises of the Church are used by numerous local and national organisations, many of them charities in their own right.

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 6

ANNUAL REPORT and ACCOUNTS (continued) For the Year Ended 31 December 2024

Review of Year’s Activities

During the year eleven meetings of Trustees have been held together with six meetings of Church Members, including the Annual General Meeting.

Reserve Policy

The Trustees having considered the needs of the Church into the future feel that a General Fund reserve of approximately one half of one year’s expenditure is a reasonable reserve to aim for, with the Designated Long Term Maintenance Fund providing a reserve of about £100,000 for significant maintenance costs which arise from time to time, especially given the size and age of the building.

Financial Review

As last year the church’s income exceeded £250,000 so the accounts are again in accruals basis and this report is confined to an overview of the financial performance in the year under review and of the position at 31[st] December 2024.

The opening balance at 1[st] January 2024 of all funds was £943,833 (General & Designated Funds £904,759, Restricted Funds £39,074). The closing balance was £943,889 (General & Designated Funds £899,761, Restricted Funds £44,128).

The opening balance of General Fund was £149,644, with income of £222,766, expenditure of £208,829, gain in investments of £4,870 and a transfer of £7,000 to the Long Term Maintenance Fund, a net transfer of £9,874 to the Children & Families Worker Fund and a transfer of £3,000 from the Legacy Fund. These all resulted in the Fund increasing by £4,933 to £154,577.

The opening balance of the Long Term Maintenance Fund was £105,084. There was expenditure of £12,406 and £7,000 was transferred in from the General Fund with a carried forward balance of £99,678.

The opening balance of the Children & Families Worker Fund which receives income from St Nicolas’ Church and Guildford URC was £31. It had income of £23,167 with a transfer in of £22,554 and made payments of £32,231 with a net transfer out of £12,680 with a carried forward balance of £841.

An unexpected and very substantial legacy was received mainly in 2023 with a further £20,000 in 2024. This has been put in a designated Legacy Fund. Whilst a comparatively small amount has been used for work done with thos e suffering from dementia and for looking at ways to improve the premises, the bulk is being retained until the church decides how to put it to best use. The opening balance was £650,000. It had income of £20,493 and made payments of £22,828 plus a transfer to the General Fund of £3,000 with a carried forward balance of £644,665.

The opening balance of the Restricted Funds including investments was £39,074. Receipts amounted to £12,601 and payments to £8,264. There was a positive movement in investments during the year of £717. These activities resulted in the balance being increased by £5,054 to £44,128.

Balance Sheet

Total net assets at 31[st] December 2024 were £943,889, an increase of £56 on the value at 31[st] December 2023.

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 7

ANNUAL REPORT and ACCOUNTS (continued) For the Year Ended 31 December 2024

Conclusion

The Trustees are of the opinion that the Charity’s finances are sound.

This annual report was approved by the Trustees on 7[th] March 2025

STATEMENT OF TRUSTEES’ RESPONSIBILITIES IN RESPECT OF THE ACCOUNTS

The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 8

GUILDFORD UNITED REFORMED CHURCH CHARITY

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF GUILDFORD UNITED REFORMED CHURCH CHARITY

For the Year Ended 31 December 2024

Charity Number: 1130808

I report to the trustees on my examination of the accounts of the above charity (“the Foundation”) for the year ended 31st December 2024, which are set out on pages 8 to 13.

Responsibilities and basis of report:

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 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 which gives me cause to believe that in, any material respect,:

the accounting records were not kept in accordance with section 130 of the Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed by the Independent Examiner C S Lowry dated: 24 March 2025

Chris Lowry CPA Chamberlains Accountancy Ltd Elm House Shackleford Road Elstead GU8 6LB

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 9

STATEMENT OF FINANCIAL ACTIVITIES For the Year Ended 31 December 2024

General Fund Designated Funds Restricted Funds £ £ £ 46,586 642 - 5,417 - - 16,766 33,863 3,719 14,058 - 204 3,164 9,151 7,554 96,440 - - 8,231 4 761 32,104 - 363	2024 Total Funds £	2023 General Fund 2023 Designated Funds 2023 Restricted Funds 44,656 548 - 11,138 - - 33,979 650,560 3,747 12,538 - 110 2,556 6,061 3,254 110,223 - - 7,907 - 747 2,380 - 267	2023 Total Funds £ 45,204 11,138 688,286 12,648 11,821 110,223 8,654 2,647

	47,228

	5,417

	54,348

	14,262

	19,869

	96,440

	8,996

	32,467

222,766 43,660 12,601		225,377 657,169 8,125	890,671
	279,027

46,470 - - 11,006 11,176 - 80,357 27,907 815 57,506 28,382 - - - 5,939 13,490 - 1,510		52,239 - - 13,650 2,519 - 69,364 1,602 682 41,366 18,020 - - - 6,099 21,385 348 1,590	52,239 16.169 71.648 59,386 6,099 23,323
	46,470

	22,182

	109,079

	85,888

	5,939

	15,000

208,829 67,465 8,264		198,004 22,489 8,371	228,864
	284,558

4,870 - 717		6,351 2,336	8,687

	5,587

		33,724 634,680 2,090 (19,750) 19,750 -	670,494 -
18,807 (23,805) 5,054	56

(13,874) 13,874 -
	-

4,933 (9,931) 5,054 149,644 755,115 39,074		13,974 654,430 2.090 135,670 100,685 36,984	670,494 273,339
	56






	943,833

		£149,644 £755,115 £39,074	££943,833
£154,577 £745,184 £44,128 £	943,889

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 10

BALANCE SHEET As at 31 December 2024

General Designated Funds Restricted Funds £ £ £ (94,115) 100,519 4,436 54,539 644,665 12,810 264 - 40 186,711 - 26,842 9,904 - -	2024 Total Funds £	2023 General 2023 Designated 2023 Restricted (97,937) 105,115 645 59,676 380,000 12,264 65 - 40 181,841 - 26,125 10,493 270,000	2023 Total £ 7,823 451,940 105 207,966 280,493
	10,840

	712,014

	304

	213,553

	9,904

£157.303 £745,184 £44,128	£946,615	£154,138 £755,115 £39,074 (4,494) -	£948,327 (4,494)
(2,726) - -
	(2,726)

£154,577 £745,184 £44,128	£943,889	£149,644 £755,115 £39,074	£943,833

All the Charity’s activities are classed as continuing.

There are no liabilities or tangible assets of any value.

The Notes on Pages 10-13 form part of these accounts
These Accounts were approved by the Trustees on xx[th] 2025

Trustee Name	Signature	Date
Revd. W C Hawkins	W C Hawkins	7 March 2025
R M Dunnett	R M Dunnett	7 March 2025

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 11

NOTES TO THE ACCOUNTS

For the Year Ended 31 December 2024

1. ACCOUNTING POLICIES

1.1 Scope and basis of the financial statements The financial statements are prepared in accordance with the Statement of Recommended Practice applicable for charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (effective 1 January 2023).
1.2 Fund Accounting

General and Designated Funds are available for use at the discretion of the church in furtherance of its charitable objectives. Restricted funds are subject to restrictions on the expenditure imposed by the donors or contained in the terms of a grant. The church has o endowment funds.

1.3 Incoming Resources & Resources Expended

The accounts are produced on an accruals basis. Much of the management and activity of the church is carried out by volunteers. The tangible cost is not included in the financial statements as this contribution to the life of the church is incalculable.

1.4 Tangible Fixed Assets Freehold Property The owner of the church and manse buildings is the United Reformed Church (Wessex) Trust Limited (Charity 282729) which holds them on trust for purposes connected with Guildford United Reformed Church.

Equipment The cost of new furniture and equipment is written off in the year of purchase.

1.5 Investments Investments are stated at mid-market value and are considered to be current assets rather than long term investments.
1.6 Income:

The standard list of accounting policies has been applied

1.7 Government grants

None have been received

2. RISK EXPOSURE

2.1 2024 debtors are almost entirely groups who hire rooms with amounts only invoiced late December. With one exception groups are long-term users, almost all who paid in January 2025. Any amount still not paid is very small in relation to assets.
- Investment risks are very small given size of the Charity funds in which the investments are held
2.2 2023 debtors are almost entirely groups who hire rooms with amounts only invoiced late December. All groups are long-term users, almost all who paid in January 2024. Any amount still not paid is very small (c £300) in relation to assets.
- Investment risks are very small given the size of the Charity funds in which the investments are held

3. ACTIVITIES GENERATING INCOME (General Fund only)

Use of rooms Car park licence fees	2024 £ 79,224 17,216	2023 £ 91,240 18,983
	£96,440	£110,223

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 12

NOTES TO THE ACCOUNTS (continued) For the Year Ended 31 December 2024

4. DONATIONS, LEGACIES & GRANTS RECEIVED

Badminton Club Bowls Club David Williamson Trust Emmaus – The Moss Trust John Beane's Charity Scutt & Durrant Trust XY Strings & Music Society Legacies Miscellaneous donations	General Fund Designated Funds Restricted Funds £ £ £ 700 - - 184 90 - 350 - - 6,589 7,600 - 6,500 5,780 - 1,300 - - - 20,000 - 1,143 393 3,719	2024 Total £ 700 - 274 350 14,189 12,280 1,300 20,000 5,255	2023 General 2023 Designated 2023 Restricted £ £ £ 600 - - 500 - - 356 60 - 700 - - 17,598 500 - 8,430 - - 1,100 - - 1,000 650,000 - 3,695 - 3,747	2023 Total £ 600 500 416 700 18,098 8,430 1,100 651,000 7,442
	£16,766 £33,863 £3,719	£54,348	£33,979 £650,560 £3,747	£688,286

5. CHURCH RUNNING COSTS

Administration, publicity Governance Gas and electricity Insurance, council tax, water Premises maintenance Cleaning Contract Other running costs	General Fund Designated Funds Restricted Funds £ £ £ 6,892 806 815 1,300 - - 19,080 - - 10,888 - - 21,889 27,101 - 16,969 - - 3,339 - -	2024 Total £ 8,513 1,300 19,080 10,888 48,990 16,969 3,339	2023 General 2023 Designated 2023 Restricted £ £ £ 7,001 1,602 682 1,200 - - 16,773 - - 7,959 - - 14,983 - - 16,730 - - 4,718 - -	2023 Total £ 9,285 1,200 16,773 7,959 14,983 16,730 4,718
	£80,357 £27,907 £815	£109,079	£69,364 £1,602 £682	£71,648

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 13

NOTES TO THE ACCOUNTS (continued) For the Year Ended 31 December 2024

6. MINISTERIAL COSTS (General Fund only)

Ministry & Mission Fund Manses running expenses less Synod allowance Car running costs & travel Ministerial expenses Pulpit Supply	2024 £ 37,800 7,477 (1,232) 1,498 522 405	2023 £ 44,180 5,729 (311) 1,539 1,028 74
	£46,470	£52,239

7 DONATIONS AND GRANTS MADE 7

Cherry Trees Christian Aid Commitment for Life Christians Against Poverty Disability Challengers Guildford Action Guildford Town Centre Chaplaincy Médecins sans Frontières Oakleaf URC (Gaza & Myanmar appeals)(2023 Nurse Training) Young People's Trust for the Environmen Misc. small donations	General Fund Designated Funds Restricted Funds £ £ 2,000 - - 2,290 - - 2,020 - - 1,000 - - 505 - - 500 - - 2,000 - - 500 - - 500 - - 1,000 - - 500 - - 675 - 1,510	2024 Total £ 2,000 2,290 2,020 1,000 505 500 2,000 500 500 1,000 500 1,975	2023 General 2023 Designated 2023 Restricted £ £ £ 2,130 48 - 6,260 - - 2,100 - - 1,000 - - - - - 500 - - 3,680 - - 900 - - 500 - - 3,280 - - - - - 1,035 300 1,590	2023 Total £ 2,178 6,260 2,100 1,000 - 500 3,680 900 500 - - 5,715
	£13,490 £- £1,510	£15,000	£21,385 £348 £1,590	£23,323

The Church offers free or reduced rates for room use to charities and community organisations amounting to at least £26,000 (2023: £26,000)

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 14

NOTES TO THE ACCOUNTS (continued) For the Year Ended 31 December 2024

8 DEBTORS & CREDITORS

8.1 Debtors (all recoverable within one year) and accrued income

8.1Debtors(all recoverable	within one year)and accrued income
Room lettings Insurance pre-payment Miscellaneous Accrued Legacy Income	General Fund Designated Funds Restricted Funds £ £ £ 6,692 - - 2,921 - - 291 - - - - -	2024 Total £ 6,692 2,921 291 -	2023 General 2023 Designated 2023 Restricted £ £ 7,615 - - 2,878 - - - - - - 270,000 -	2023 Total £ 7,615 2,878 - 270,000
	£9,904 £- £-	£9,904	£10,493 £270,000 £-	£280,493

8.2 Creditors (all falling due within 1 year)

8.2Creditors(all falling due	within 1 year)
Car park rent prepaid Glencross cleaning Electricity/Gas Other	General Designated Restricted Fund Funds Funds £ £ £ 1,439 - - - - - 1,225 - - 62 - -	2024 Total £ 1,439 - 1,225 62	2023 General 2023 Designated 2023 Restricted £ £ £ 1,418 - - 1,081 - - 1,783 - - 1,224 - -	2023 Total £ £ 1,418 1,081 1,783 212
	£2,726 £- £-	£2,726	£4,494 £- £-	£4,494

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 15

NOTES TO THE ACCOUNTS (continued) For the Year Ended 31 December 2024

9 CASH AT BANK AND IN HAND

General Fund Designated Funds Restricted Funds	2024 Total	2023 General	2023 Designated 2023 Restricted	2023 Total
£ £ £	£	£	£ £	£
(94,115) 100,519 -	6,404	(97,937)	105,115 -	7,178
- - 4,436	4,436	-	- 645	645
37,955 644,665 6,280	688,900	12,692	380,000 5,234	397,926
16,584 - -	16,584	46,984	- -	46,984
- - 6,530	6,530	-	- 7,030	7,030
264 - 40	304	65	- 40	105
(39,312) £745,184 £17,286	£723,158	£(38,196)	£485,115 £12,949	£459,868

10 INVESTMENTS

General Fund Designated Funds Restricted Funds £ £ £ 181,841 - 26,125 4,870 - 717	2024 Total £ 207,966 5,588	2023 General 2023 Designated 2023 Restricted £ £ £ 175,490 - 23,789 6,351 - 2,336	2023 Total £ 199,279 8,687
£186,711 £- £26,842	£213,553	£181,841 £- £26,125	£207,966

£59,900 £- £13,149	£73,049	£59,900 £- £13,149	£73,049

Values are at the mid-market rate at the close of business on the charity’s Balance Sheet date. There were no purchases or sales during the year. At year end values 48.0% of investments were in M&G Charifunds and 52.0% in the CCLA COIF Ethical Investment Fund.

11. TRUSTEES

11.1 Three trustees were reimbursed for receipted expenditure. None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity as was the case in 2023
11.2 Trustees Indemnity Insurance is included in the church’s insurance policy.

GUILDFORD UNITED REFORMED CHURCH CHARITY

Page 16

NOTES TO THE ACCOUNTS (continued) For the Year Ended 31 December 2024

12. FUNDS

12.1 Description

Designated Funds

Children & Families Worker Fund For joint worker with St Nicolas’ Church, Guildford Long Term Maintenance Fund For occasional major items of maintenance and renewal

For occasional major items of maintenance and renewal becoming increasingly needed on a sixty year old building. Temporary fund for large legacy until its use is decided

Legacy Fund

Restricted Funds Organ Fund Music Society

For major repairs or alterations to the organ For the spread of the appreciation of music

12.2 Movement of Funds

2.2 Movement of Funds
Balance as at 1 January Income during year Transfers in during year Expenditure during year Transfers out during year Movement on Investments Balance as at 31 December	Designated Funds Children & Families Worker Legacy Fund Long Term Maintenance Fund £ £ £ 31 650,000 105,084 23,167 20,493 - 22,554 - 7,000	Restricted Funds Music Society Organ Fund £ £ 7,714 31,360 11,555 1,046 - -
	45,752 670,493 112,084 32,231 22,828 12,406 12,680 3,000 - - - -	19,269 32,406 8,264 - - - - 717
	£841 £644,665 £99,678	£11,005 £33,123

13 EMPLOYEES

13.1 Costs (none in Restricted Funds)

General Fund Designated Funds £ £ Salaries and wages 54,430 26,775 Social security costs Pension costs (defined contribution scheme) 3,076 1,607 Other employee benefits - - Total staff costs £57,506 £28,382 13.2 No employee earned £60,000 or more 13.3 Average number of employees in the year:	General Fund Designated Funds £ £ 54,430 26,775 3,076 1,607 - -	2024 Total £ 81,205 - 4,683 -	2023 General 2023 Designated £ £ 38,714 17,000 2,651 1.020 - -	2023 Total £ 55,714 - 3,671 -
	£57,506 £28,382	£85,888	£41,375 £18,020	£59,385
		(previous year: 0) 4.5 (previous year: 3)