## # # # ## ## ## ||CONTENTS|| |---|---|---| |Annual
Report ofthe Trustees||3-8| |Independent
Examiner's
Report||| |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|| |Investmenta|||E|24|f.|-|E|-|2|24|2||191| |TOTAL||||203670|E|20418|E|.|0|20190e|5|373000|| |Expand)tora
on:|||||||||||||| |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|||||||||||||| |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| |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| |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| |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||||| ||under the historic cost convention
In accordance
with the Rnsnclal
Reporting
Standard
appgoaNe
in the||||| ||UK and Repubgc of Ireland (FRS102),ths Accounting
and Reporting
by Charities: Statement
of Recommended||||| ||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||||| ||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||||| ||assumptions
underlying
those forecasts
In ths Ught ofths restrictions
Imposed
by the COVID-19 virus as well ss||||| ||the Impact ofother potential
risks affecting them.||||| ||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||||| ||Forthis reason, they continue
to adopt the going concern basis in prepadng
the accounts.||||| |(cl|Fund Accounting||||| ||Unrestdcted
funds ere avagable
for use st the discretion ofthe church
In furtherance
of its charitable obJectlves.||||| ||Endowed
snd Restricted
funds are subJected to restrictions
on their expenditure
Imposed
by ths donor, or||||| ||contained
In the terms ofe grant.||||| |(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||||| ||purposes
connected
wgh Woklng URC. These premises ars vested
In the United
Reformed
Churoh (Wessex)||||| ||Trust Ltd on behalf of the Synod. Woklng
URC has the right offree occupation
and the obggstion
to maintain||||| ||the premises
In good order but does not have the Independent
right to dkrpose ofthe premises.||||| ||Hlstorlcegy,
expenditure
Incurred
on the church and the manse has been written
off In the year lt was Incurred.||||| ||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.||||| ||However ths development
ofthe church premises
completed
In 2010wss ofsuch a size that,
In order to reflect||||| ||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.||||| ||Depreciation
ls provided
at the fogowlng
annual
rates oalculated
to write offthe assets over their||||| ||catenated
useful Uves:||||| ||Bulkgng
2%straight
Uns (over 60 years)||||| ||Motor cer
22% straight
Une (over 4.6years)||||| ||Furniture
6 Furnishings
Equipment
(Indudlng
IT Items)
20% straight
Une (over 6 years)
33.33%straight
Une (over 3years)||||| ||Plant 6 Organ
10% straight
Une (over 10years)||||| |(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.||||| ||Legackw are accounted for when their receipt ls oertalri and can be properly quentEed.||||| ||AU other Income ls generegy
recognised
when receivable.||||| |(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).||||| ||Resources expended are recognised
ln ihe period
In which they ere Incurred
and Indude
attributable
VAT||||| ||which cannot bs recovered. They are agocatsd to the pargcular
activity to whkh
they relate.||||| ||As most ofthe manengement
activity of the church
is carried out by volunteem,
Ws Intangible cost le not||||| ||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| |Donations
and Grants|||||||||||| |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| |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||| |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| |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|