| CONTENTS | ||
|---|---|---|
| Annual Report ofthe Trustees |
3-8 | |
| Independent Examiner's Report |
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| Statement of Financial Activities | 10 | |
| Balance Sheet | ||
| Notes to the Financial Statements | 12-16 |
| Unrsstrloted | Unrsstrloted | Restricted | Restricted | Expendable | Expendable | TOTAL | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund8 | Funda | Endowment | 2()21 | ||||||||||
| E | E | 6 | |||||||||||
| Inoama end Endowment | from: | ||||||||||||
| Nots | 2Peel 13 | ||||||||||||
| Donations end Orente Charitable Autlvlues |
E f |
238,100 27,4SB |
E E |
28,410 - |
E 7. |
- - |
2 f |
204,524 STNSB |
5 5 |
354,735 18,772 |
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| Investmenta | E | 24 | f. | - | E | - | 2 | 24 | 2 | 191 | |||
| TOTAL | 203670 | E | 20418 | E | . | 0 | 20190e | 5 | 373000 | ||||
| Expand)tora on: |
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| Charitable A8685lee TOTAL |
Nou | Spasets | f f |
285781 286781 |
f. E |
20003 20089 |
E f |
- | 2 5 |
S11844 311044 |
5 200 ~5200 |
0 0 |
|
| Net gains/gmwee) on |
Invastmente | ||||||||||||
| Endower ant mlaasa | E | 38,470 | E | - | E | (38,470) | 5 | ||||||
| Net Inoome/(Expenditure) | 5 | 14207 | 8 | 2,353 | 5 | (Ã,478) | 8 | (19,060) | 2 | 74,427 | |||
| Transfers between tbnde |
Note'r pa8814 | 8 | 2,066 | E' | (2,066) | f | |||||||
| Nst Movmnsrlt In Fluids |
E | 10,322 | f. | 299 | 2 | (s6,478) | 0 | (tspuRI) | 5 | 74,427 | |||
| Reeono5latlon of Funds |
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| Total Funds Brought Total Funda Carried |
Folwem Forward |
E | 299191 316613 |
E f |
19672 10871 |
E1469132 E1422664 |
2 2 |
1777890 1TB90SB |
~51703 ~61777 |
00 90 |
| C | C | C | I | Registered | number | number | 113gg2S | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CESHE | D aem | r2 | 21 | |||||||||||||||||||
| Unrestricted | Restricted | Expendable | TOTAL | Unrestricted | Reslncted | Expendable | TOTAL | |||||||||||||||
| Funds E |
Fundsf | Endowment | 2021 6 |
Funds E |
Funds E |
Endowment | 2020 6 |
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| Fixed Assets | ||||||||||||||||||||||
| Tangible Assets | Note 4Page14 | E | 206,565 | f | - | f.1,422,654 | 6 | 1,029,219 | 2 | 211,759 | f | - | E 1,459,132 | 6 | 1,670,891 | |||||||
| Net Currant Assets | ||||||||||||||||||||||
| Current Assets Debtors Cash at Bank and |
in | Hand | Mule 3 r ega | le | 6 | 28,018 102,335 |
E E |
1,596 17,386 |
E E |
- - |
E 6 |
29,814 119,702 |
2 E |
30,330 78,515 |
2 E |
1,111 18,013 |
f | 8 6 |
31,441 96,528 |
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| Brigades' Bank accounts | E E |
- 130,353 |
L f |
2,224 21,186 |
E E |
- | 2 6 |
2224 151,539 |
E | 108,845 | E | 2,988 22,112 |
E | E | 2988 130,957 |
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| Less Cuwent Llabgltles | ||||||||||||||||||||||
| Creditors payable |
within one year | E | 21,405 | E | 1,316 | E | 2 | 22,720 | 6 | 21,413 | E | 2,539 | L | E | 23,952 | |||||||
| Nore | ePage 14 | |||||||||||||||||||||
| Net Current Assets | E | 108,948 | E | 19,871 | E | - | 2 | 128,019 | E | 87,433 | E | 19,572 | f | - | 6 | 107,005 | ||||||
| Total Net Assets | 6 | 315513 | 8 | 10871 | E1 22654 | 6 | 1,7580SS | E | 299191 | 8 | 19572 | 6 1459132 | E1777,890 | |||||||||
| Representing | ||||||||||||||||||||||
| FUNDS | ||||||||||||||||||||||
| Expendable Endowment |
f | - | f. 1,422,654 | 6 | 1,422,654 | E | - | E | - | f 1,459,132 | 5 | 1,459,132 | ||||||||||
| Note | 10Page 1e | |||||||||||||||||||||
| Restricted Funds |
Note 9pege 16 | E | E | 19,871 | E | 2 | 19,071 | f | - | E | 19,572 | f | 8 | 19,572 | ||||||||
| Unrestricted Funds |
Note 3page 13 | E | 315,513 | E | - | E | 315,513 | 2 | 299,191 | E | - | E | 6 | 299191 | ||||||||
| Total Funds | 0 | 316613 | 6 | 19,071 | E 1 422 | 604 | 2 | 1 750038 | 6 | 299191 | E | 19572 | 2 1460,132 | E | 1777000 |
| (el | Bast~ ofAccounting | ||||
|---|---|---|---|---|---|
| The Unandel statements ofthe charity, wlxch ls a pubgo benefit entqy es defined by FRS102,have been prepared |
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| under the historic cost convention In accordance with the Rnsnclal Reporting Standard appgoaNe in the |
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| UK and Repubgc of Ireland (FRS102),ths Accounting and Reporting by Charities: Statement of Recommended |
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| Praotlce sppgcable to chsrttlee preparing their accounts In accordance with the Financial Reportfng Standard applicable In the UK and Rspubqc cfIraiser(FR3102) (charlgos soRp (FRs102))snd the charities Ac(2011. The charity hss taken advantage ofthe smell cherkles exemption to dispense with preparing e cash flow stetemenL |
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| The aocruels basis ofsonundng has been adopted end the principal accounting pogdes set cut below sre |
eppbed | ||||
| consistently. | |||||
| (bt | (Uolng concern | ||||
| In order toassess the appropriateness ofths going concern assumptions basis, ths Trustees heva considered |
ths | ||||
| Charity's fleece(el posldon, reserves end forecasts for the foreseeable future. They have considered the |
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| assumptions underlying those forecasts In ths Ught ofths restrictions Imposed by the COVID-19 virus as well ss |
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| the Impact ofother potential risks affecting them. |
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| After making due enquiries, the Trustees have s reasonable expectatlon that the Charity wgl be able to continue |
In | ||||
| operation and meet Its Usbgltlss es they fall due for at least twelve momhs from the date of signing ofthis rsporL |
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| Forthis reason, they continue to adopt the going concern basis in prepadng the accounts. |
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| (cl | Fund Accounting | ||||
| Unrestdcted funds ere avagable for use st the discretion ofthe church In furtherance of its charitable obJectlves. |
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| Endowed snd Restricted funds are subJected to restrictions on their expenditure Imposed by ths donor, or |
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| contained In the terms ofe grant. |
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| (dl | Tenglbl ~ Rxed assets | ||||
| Freehold property | |||||
| The Trustees of the church and manes bugdlnge ere ths URC Wessex 6ynod who hold them upon trust for |
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| purposes connected wgh Woklng URC. These premises ars vested In the United Reformed Churoh (Wessex) |
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| Trust Ltd on behalf of the Synod. Woklng URC has the right offree occupation and the obggstion to maintain |
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| the premises In good order but does not have the Independent right to dkrpose ofthe premises. |
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| Hlstorlcegy, expenditure Incurred on the church and the manse has been written off In the year lt was Incurred. |
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| Those costs ere not resdgy available as that Information has not been retained for the hnenctel statements |
In | ||||
| previous years up to 2000 end prior to FRS15. |
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| However ths development ofthe church premises completed In 2010wss ofsuch a size that, In order to reflect |
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| the nature of the investment, ths costs have been capgegsed and ere being depreciated over the expected |
Ufe | of | |||
| the new buUdlngs. | |||||
| Fixed Assets | |||||
| Assete are stated at cost except that Items costing less than 2500 are written off In the year ofpurchase. |
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| Depreciation ls provided at the fogowlng annual rates oalculated to write offthe assets over their |
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| catenated useful Uves: |
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| Bulkgng 2%straight Uns (over 60 years) |
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| Motor cer 22% straight Une (over 4.6years) |
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| Furniture 6 Furnishings Equipment (Indudlng IT Items) 20% straight Une (over 6 years) 33.33%straight Une (over 3years) |
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| Plant 6 Organ 10% straight Une (over 10years) |
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| (oi | Incoming Resouroes | ||||
| AU voluntary giving is Induded In the financial statements for the period In which It Ls received. Donations |
under | ||||
| Gift Aid plus the assooleted tax recovery are recognised es Income when the donation ls received. |
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| Legackw are accounted for when their receipt ls oertalri and can be properly quentEed. | |||||
| AU other Income ls generegy recognised when receivable. |
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| (0 | Resoerose Expended The URC Ministry 6 Mission Fund contribution ls paid regularly end ls Induded in the flnandal statements |
for ths | |||
| year to which It relates (See also Note 14). |
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| Resources expended are recognised ln ihe period In which they ere Incurred and Indude attributable VAT |
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| which cannot bs recovered. They are agocatsd to the pargcular activity to whkh they relate. |
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| As most ofthe manengement activity of the church is carried out by volunteem, Ws Intangible cost le not |
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| Inrduded In the flnandel statements ss thkr voluntary contribution to the Ufe ofthe church le incalculable. |
| Unrestricted | Unrestricted | Restricted | Restricted | TOTAL | Unrestricted | Unrestricted | Restricted | Restricted | TOTAL | TOTAL | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Funds f |
Funds f |
gP21f | Funds f |
Funds | gott f |
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| Donations and Grants |
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| Offerings Donations inc Tax Special Collections Inc Tax Brigades' Income Grants Fixed Asset Grants Total Donations and Grants |
f f f. |
158,344 17,296 - 60,466 236 108 |
F f f f f f f |
- 3,475 20,032 4,784 126 26,416 |
f 158,344 f 20,771 f 20,032 f 4,784 f 80,593 f 284524 |
f f |
153,541 47,086 46,353 246,982 |
f E f f |
4,042 16,214 2,268 8,582 76,848 107,754 |
f f f E f f E |
153,541 51,129 16,214 2,268 54,935 76648 354,735 |
| Charitable Activities Hire ot Premises Insurance Claim Children &Youth Work Chiurch & Community Work Other Total Charitable Activities |
f f |
26,296 548 44 550 27,438 |
f f f f f. |
- - |
f 28,296 E 548 f, 44 f 550 f 27438 |
f E f f |
15902 1927 229 132 562 18772 |
E E E f F f |
- | f f f. f E f |
15,902 1;927 229 132 582 18772 |
| Investments Interest Total Investments |
24 24 |
f f |
- - |
E 24 E 24 |
f f |
191 191 |
f. f |
- - |
f f |
191 191 |
|
| Total Income | f | 263570 | f | 28416 | f291988 | f | 266944 | f | 107764 | E | 37S698 |
| /gee Ex~nd IIELD |
Unrestricted Funds f |
Restricted Funds E |
TOTAL gjg1f |
Unrestricted Funds |
Restricted Funds f |
TOTAL ZR9 |
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| C arltable Acttvttles | |||||||||||
| Ministry &Mission Premises Costs Depreciation Admln &Other Expenses Brigades' Expenditure FM Support Children &Youth Work Church &Community Work Outward Giving Note 12Pege 18 |
f f f.ff E f |
77,077 47,936 65,945 41,859 18,329 28,029 6,605 |
ffff F f E f |
5,627 20,436 |
f. 77,077 f 47,938 f. 65,945 f. 41,869 f 5,627 ff 18,329 f 28,029 f 27,041 |
E ff E f |
69,313 49,807 56,155 41,230 29,507 27,763 5,727 |
f E fff |
2,005 645 17,118 |
f E f f f f f f f |
69,S13 49,807 58,155 41,230 2,005 645 29,507 27,763 22,$45 |
| Charitable Activities Costs |
E | 285781 | f | 26063 | f 311$44 | f | 279502 | f | 19768 | f | 299270 |
| Furniture | Furniture | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Furnishings | Plant 5 | |||||||||||||
| Cost | Bugdlng | Motor Car | 8 Fltdngs | Equipment | Organ | Total | ||||||||
| Ba/ance st 1 January 2021 | E | 1,823,908 | E | 8,860 | 8 | 77,028 | E | 86,691 | E | 211,763 | E | 2,206,161 | ||
| Additions - Current Year |
E | - | E. | - | F. | 20,112 | E | 5,098 | E | 26,210 | ||||
| Dlsposals | f | - | f | 936 | E | 938 | ||||||||
| Balance Carried Forward |
8 | 1 823908 | 8 | 8 | E | 97140 | E | 90889 | E | 210827 | E | 425 | ||
| Depreciation Balance st 1 January 2021 |
E | 364,776 | E | 6,860 | E | 71,669 | E | 72,625 | f | 18,340 | E | 634,261 | ||
| Depredation In year |
f | 36,478 | E | 3,296 | E | 5,184 | E | 21,137 | f | 86,094 | ||||
| Dlsposals | 8 | - | f | - | E | 148 | E | 148 | ||||||
| Balance Carried Forward | f | 401 255 | E | 6SN | f | 74954 | 8 | 77 808 | E | 39329 | E | NO 206 | ||
| Net Book Value 31 December 2020 31 December 2021 |
1,459,132 1,422,854 |
E E |
E E |
6,369 22,188 |
f E |
12,967 12,881 |
f f |
193,423 171,498 |
E E |
1,670,891 1,829419 |
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| Ths Bugdlng ls held In the Expendable Endowment |
all other | Fixed Assets | ere | in the General | Fund | |||||||||
| Cap/tal Commnments at 31 |
December 2021 | were | nil (2020 n8) | |||||||||||
| Unrestricted | Restricted | TOTAL | Unrestrtcted | Restricted | TOTAL | |||||||||
| Funds | Funds | ggg1 | Funds | Funds | ||||||||||
| Tex recoverable Debtcm Deposits and Prepeyments |
E f E |
2,460 1,337 24,230 28018 |
E E E f |
604 - 992 1 698 |
E f E E |
3,054 t,3% 25,222 29814 |
E f E E |
4,001 635 26794 30330 |
f E f E |
239 - 872 1111 |
f f E E |
4,240 535 28668 31441 |
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| Special Cogecthns Credilonr Accruale Loan from Wessex Synod |
E E 8 |
- 3,814 9,492 8098 21 5 |
F E f f E |
1,116 - 200 - 1 316 |
E 8 E E E |
1,116 3,814 9,892 8098 22 720 |
E E E |
718 10,695 10000 21413 |
E E E f f |
2J/39 - - - 2539 |
F. 8 f f. 8 |
2,539 718 10,895 10000 23962 |