**REGISTERED CHARITY NUMBER: 1131460** Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2023 for ## Redland Park United Reformed Church Maxwells Chartered Accountants 4 King Square Bridgwater Somerset TA6 3YF Redland Park United Reformed Church Contents of the Financial Statements for the Year Ended 31 December 2023 |||Page|| |---|---|---|---| |Report of the Trustees|1|to|5| |Independent Examiner's Report||6|| |Statement of Financial Activities||7|| |Balance Sheet||8|| |Notes to the Financial Statements|9|to|16| |Detailed Statement of Financial Activities|17|to|18| Redland Park United Reformed Church ## Report of the Trustees for the Year Ended 31 December 2023 The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Page 1 Redland Park United Reformed Church for the Year Ended 31 December 2023 ## Report of the Trustees ## **OBJECTIVES AND ACTIVITIES Minister's Report - The Reverend Dougie Burnett** The year of 2023 proved to be the year we finally emerged from the pandemic. While finding various ways to reconnect with our church members, friends and families in the way of physical attendance within the church building, we also continued to provide the option of on-line attendance through Zoom. Along with various other churches in the UK and across the globe hybrid services are now seen as a norm for many. It means the provision of worship for those churches who now find pulpit supply a significant challenge. It also means access to worship for those who for health or other reasons find physically coming to church currently beyond them. During this year we have sought to reconnect with our church families through the means of cinema events. To this end we had the private hire of one of the screens at the Everyman cinema on Whiteladies Road. We showed all-age films which would appeal to children and adults. In the summer we showed the animation film "Up". At Christmas we showed The Grinch. These events have been very popular and well-attended. We shall stage more such events in the future. Another feature of the past year has been our further development of our multi-cultural profile as a church body. In 2023 we welcomed and inducted the new minister of the Bristol Korean Church, the Reverend Yohan Song. Yohan will serve as the minister of the BKC and also has a role with the Gale Project. The Gale project is a joint partnership project between the United Reformed Church and the Presbyterian Church of Korea. The intention is to explore new ways of being church as globally we face very similar challenges in relation to an increasingly secular world. We have also spent time developing our friendship with the Zimbabwean Reformed Church group that also uses and meets at Redland Park on a Sunday afternoon. Our Harvest service was joint with Redland Park, the BKC and the ZRC. It was a joy to worship in three languages: English, Korean and Shona. While we lost some good friends through death in 2023, it was also good to welcome some new members and to form new friendships too. We celebrated the baptism of a four year old in March. There are many signs of new life. While cutbacks in numbers of ministers is affecting all denominations, the United Reformed Church has certainly been affected in the past few years. Our minister, Dougie, is now on 60% at Redland Park and now gives oversight and input to four other churches as well. However we remain confident and hopeful in God's future and we work to that end. Christ is Risen. He is Risen indeed. Alleluia! ## **Junior Church - Jane Penrose** We are blessed at Redland Park to have in our Church community a wonderful group of children and young people who bring their own perspectives, energies and enthusiasms to our worship. Many of the children are able to join us on a regular basis with some only able to join us occasionally but they all have a very strong sense of belonging to the Redland Park community. When the children and young people join together for an activity it is a real joy to witness the older ones supporting the younger children and the enjoyment of all as they work together. When visiting children join in Junior Church activities they are welcomed and enjoy their time with us. Going forward, we hope that we may welcome on a regular basis some pre-school children as there are currently no children of this age in the Junior Church. The younger group love to come into Church towards the end of the Service to show what they have achieved and their enthusiasm is reciprocated by a real sense of warmth and nurture from the congregation. Leaders of the older group feel a real sense of privilege to be working with such a thoughtful and caring group and learn from the new perspectives and ideas the young people bring to the discussion. With the children and young people being so busy with so many activities it is not always easy to get together other than on a Sunday but the trip to the Everyman Cinema together with children from the Bristol Korean Church was much enjoyed. A morning of crafting with Helena and Yanna was also an opportunity to get together and we look forward to seeing the resultant designs in the front vestibule in due course. The Junior Church presentation of The Grumpy Inkeeper at Christmas was much enjoyed by both those taking part and those of us in Church and on Zoom watching it. This interpretation of the Christmas story enabled all the children to take part and visiting children too were able to dress up and join in without need for rehearsal as they had the support of the older children and the Grumpy Inkeeper holding the story together so brilliantly. The Crib Service on Christmas Eve was particularly well attended and was a joyous start to the Christmas celebration. Page 2 Redland Park United Reformed Church ## Report of the Trustees ## for the Year Ended 31 December 2023 We are fortunate at Redland Park to have a committed group of leaders who, on a rota basis together with the support of members, share their faith with our children and young people. ## **Church in Society Report - Carol Fry** This group has been as active as usual during 2023; the meetings had been online since the pandemic lockdowns educated us into the delights of zoom but the church community was meeting again live as soon as we could. The Bristol Churches Winter Night Shelter ran from 1 November 2022 to 31 March 2023 and Redland Park volunteered to provide lunches every Wednesday for the duration; some people making sandwiches, some giving donations for the rest of the lunch provision, and several going to serve lunch at the small hotel taken over for the shelter, which had eight rooms. 21 homeless people were given access to a laptop to help with finding work, if necessary, and helped into permanent accommodation. For 2023 to 2024, the shelter is running for six months from 1 October, with the church providing the same Wednesday lunches for nine people. It is hope to support 28 people in total. The church stall selling Traidcraft products changed when Traidcraft went into administration, and we began encouraging the use of environmentally-friendly products without plastic, in line with our Climate Justice group. Church in Society group has also been fund-raising throughout the year; we have two nominated charities which are currently The Vine Trust (overseas) and the North Bristol Foodbank (local). We have also raised funds for Christian Aid supported by a Fair held in May, a Big Brekkie the following day and an envelope collection in the local area; the Tyndale Circle with money and volunteers, and Church Action on Poverty which has one service per year dedicated to raising funds for this. We also had a Book Sale in September raising funds for our charities and an online Quiz in aid of Tearfund. We have also enjoyed a few Bring and Share lunches, a Garden Party, and some coffee mornings which were then superseded by the Night Shelter on Wednesdays and the Warmspace on Thursdays. This Warmspace over the winter 2022/23 hosts anyone wishing to come and enjoy warmth, a soup lunch, newspapers and activities; this was also funded by Bristol City Council to support people with the cost of living crisis. Page 3 Redland Park United Reformed Church ## Report of the Trustees ## for the Year Ended 31 December 2023 ## **ACHIEVEMENT AND PERFORMANCE** It's certainly proved to be a positive year at Redland Park, with membership up 3 to 70, and Sunday attendance usually over 40, with others attending via Zoom. This encouraged us to engage in a Rededication Communion Service confirming "You are the vine, we are the branches" including photographs from our lively and inclusive history and concluding with responses "We build one another up in love, So that those who encounter our common life Will find in our sharing a foretaste of God's kingdom on earth" Junior Church has maintained our consistent enthusiasm and inconsistent attendance- so many attractive alternatives proving irresistible. As such, it has been great to share trips to the cinema, artistic afternoons and a trip to Barton Camp which have been very well supported. With Dougie having to take responsibilities for four other churches, the congregation have needed to fulfil additional responsibilities. We are blessed with Martyn's musical leadership, Adam's management of the building, Andrew's care for our finances and for the leadership of a committed Elders' team. The development of monthly "Organ Treats" as well as the terrific menu of charitable and social events offer genuine outreach and our weekly Cell Groups and fortnightly evening worship reflect the spiritual leadership and support within our congregation. All of our activities are well recorded in the refreshed Recorder which Angus' editorship has enhanced and Carol's maintenance of the Website. With the centrality of Sunday morning worship, the Techi team's ever growing skills ensure that members can always attend- even from home or hospital! We continue to be blessed by sharing our lovely building and special services with fellow worshippers from the Korean and Zimbabwean churches,. So it is with justified optimism that Redland Park URC looks forward to another year, working together and strengthening each other to share our Christian faith throughout our city. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1131460 ## **Principal address** Redland Park United Reformed Church Redland Park BRISTOL BS6 6SA Page 4 Redland Park United Reformed Church ## Report of the Trustees for the Year Ended 31 December 2023 ## **Trustees** Reverend D Burnett (Minister) C Fry A Hayden (Treasurer) Dr A Hooper D Jones M Jones T Mutare Dr J H C Neugebauer M A Sims A Gregson V Fedrick L Fry Secretary L Brentley ## **Independent Examiner** Mr C N Hall-Tomkin Maxwells Chartered Accountants 4 King Square Bridgwater Somerset TA6 3YF ## **EVENTS SINCE THE END OF THE YEAR** Information relating to events since the end of the year is given in the notes to the financial statements. Approved by order of the board of trustees on ............................................. and signed on its behalf by: .......................................................................... Reverend D Burnett (Minister) - Trustee Page 5 Independent Examiner's Report to the Trustees of Redland Park United Reformed Church ## **Independent examiner's report to the trustees of Redland Park United Reformed Church** I report to the charity trustees on my examination of the accounts of Redland Park United Reformed Church (the Trust) for the year ended 31 December 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of 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 Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement - matters of concern identified** I have completed my examination. I have identified matters of concern in my report relating to a breach of trust. Restricted funds have been used for unrestricted purposes resulting in a deficit in restricted funds of £822 on 11th December 2023. The deficit was rectified on 2nd January 2024 when sufficient unrestricted funds were received to repay this deficit. I confirm that no other matters have come to my attention that give me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do 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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. Mr C N Hall-Tomkin Maxwells Chartered Accountants 4 King Square Bridgwater Somerset TA6 3YF Date: ............................................. Page 6 Redland Park United Reformed Church ## Statement of Financial Activities ## for the Year Ended 31 December 2023 |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**101,269**
**Charitable activities**
Costs of church activities
**864**
Other trading activities
2
**64,821**
Investment income
3
**60**
**Total**
**167,014**
**EXPENDITURE ON**
Raising funds
**3,495**
**Charitable activities**
URC Ministry & Mission fund
**45,720**
Ministerial costs
**19,937**
Costs of church activities
**138,087**
Grants payable & restricted donations passed on
**-**
Manse costs
**4,815**
**Total**
**212,054**
Net gains on investments
**7,628**
**NET INCOME/(EXPENDITURE)**
**(37,412)**
**Transfers between funds**
12
**334**
**Other recognised gains/(losses)**
Gains/(losses) on revaluation of fixed assets
**7,139**
**Net movement in funds**
**(29,939)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**211,915**
**TOTAL FUNDS CARRIED FORWARD**
**181,976**|Restricted
funds
£
**5,406**
**-**
**-**
**93**
**5,499**
**-**
**-**
**-**
**-**
**1,473**
**-**
**1,473**
**-**
**4,026**
**(334)**
**3,498**
**7,190**
**36,024**
**43,214**|**31.12.23**
31.12.22
**Total**
Total
**funds**
funds
**£**
£
**106,675**
80,052
**864**
-
**64,821**
56,462
**153**
105
**172,513**
136,619
**3,495**
-
**45,720**
44,520
**19,937**
9,815
**138,087**
126,289
**1,473**
2,950
**4,815**
5,935
**213,527**
189,509
**7,628**
-
**(33,386)**
(52,890)
**-**
-
**10,637**
(24,470)
**(22,749)**
(77,360)
**247,939**
325,299
**225,190**
247,939| |---|---|---| The notes form part of these financial statements Page 7 Redland Park United Reformed Church ## Balance Sheet ## 31 December 2023 |Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
7
**22,169**
Investments
8
**116,924**
**139,093**
**CURRENT ASSETS**
Debtors
9
**46,385**
Cash at bank
**-**
**46,385**
**CREDITORS**
Amounts falling due within one year
10
**(3,502)**
**NET CURRENT ASSETS**
**42,883**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**181,976**
**NET ASSETS**
**181,976**
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**-**
**39,021**
**39,021**
**-**
**4,193**
**4,193**
**-**
**4,193**
**43,214**
**43,214**|**31.12.23**
**Total**
**funds**
**£**
**22,169**
**155,945**
**178,114**
**46,385**
**4,193**
**50,578**
**(3,502)**
**47,076**
**225,190**
**225,190**
**181,976**
**43,214**
**225,190**|31.12.22
Total
funds
£
28,055
167,846
195,901
12,000
45,299
57,299
(5,261)
52,038
247,939
247,939
211,915
36,024
247,939| |---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. D Burnett (Minister) - Trustee The notes form part of these financial statements Page 8 Redland Park United Reformed Church Notes to the Financial Statements for the Year Ended 31 December 2023 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. - Equipment 20% on reducing balance Motor vehicles - 33% on reducing balance ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. continued... Page 9 Redland Park United Reformed Church Notes to the Financial Statements - continued for the Year Ended 31 December 2023 ## **2. OTHER TRADING ACTIVITIES** |**OTHER TRADING ACTIVITIES**||| |---|---|---| ||**31.12.23**|31.12.22| ||**£**|£| |Church & Club Rooms, Hurle Road|**36,745**|38,949| |Rent of flats|**26,756**|15,965| |EDF solar panel refund|**1,320**|1,548| ||**64,821**|56,462| |**INVESTMENT INCOME**||| ||**31.12.23**|31.12.22| ||**£**|£| |Deposit account interest|**60**|12| |Other interest|**93**|93| ||**153**|105| ## **3. INVESTMENT INCOME** ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. ## **5. STAFF COSTS** The average monthly number of employees during the year was as follows: **31.12.23** 31.12.22 No employees received emoluments in excess of £60,000. ## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
77,447
Other trading activities
56,462
Investment income
12
**Total**
133,921
**EXPENDITURE ON**
**Charitable activities**
URC Ministry & Mission fund
44,520|Restricted
funds
£
2,605
-
93
2,698
-|Total
funds
£
80,052
56,462
105| |---|---|---| |||136,619| |||44,520| continued... Page 10 Redland Park United Reformed Church ## Notes to the Financial Statements - continued ## for the Year Ended 31 December 2023 ## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** |Unrestricted
funds
£
Ministerial costs
9,815
Costs of church activities
126,289
Grants payable & restricted donations passed on
-
Manse costs
5,935
**Total**
186,559
**NET INCOME/(EXPENDITURE)**
(52,638)
**Transfers between funds**
(85)
**Other recognised gains/(losses)**
Gains/(losses) on revaluation of fixed assets
(19,504)
**Net movement in funds**
(72,227)
**RECONCILIATION OF FUNDS**
Total funds brought forward
284,142
**TOTAL FUNDS CARRIED FORWARD**
211,915
**7.**
**TANGIBLE FIXED ASSETS**
Equipment

£
**COST**
At 1 January 2023 and 31 December 2023
**69,888**
**DEPRECIATION**
At 1 January 2023
**43,892**
Charge for year
**5,199**
At 31 December 2023
**49,091**
**NET BOOK VALUE**
At 31 December 2023
**20,797**
At 31 December 2022
25,996|Restricted
funds
£
-
-
2,950
-
2,950
(252)
85
(4,966)
(5,133)
41,157
36,024
Motor
vehicles
£
**15,638**
**13,579**
**687**
**14,266**
**1,372**
2,059|Total
funds
£
9,815
126,289
2,950
5,935
189,509
(52,890)
-
(24,470)
(77,360)
325,299
247,939
Totals
£
**85,526**
**57,471**
**5,886**
**63,357**
**22,169**
28,055| |---|---|---| continued... Page 11 Redland Park United Reformed Church Notes to the Financial Statements - continued for the Year Ended 31 December 2023 ## **8. FIXED ASSET INVESTMENTS** |**FIXED ASSET INVESTMENTS**|| |---|---| ||Listed| ||investments| ||£| |**MARKET VALUE**|| |At 1 January 2023|**167,846**| |Disposals|**(29,999)**| |Revaluations|**18,098**| |At 31 December 2023|**155,945**| |**NET BOOK VALUE**|| |At 31 December 2023|**155,945**| |At 31 December 2022|167,846| |There were no investment assets outside the UK.|| |Cost or valuation at 31 December 2023 is represented by:|| ||**Listed**| ||**investments**| ||**£**| |Valuation in 2023|**44,021**| |Cost|**111,924**| ||**155,945**| The investments are made up of the COIF Ethical Investments Fund Income Units as follows: ||**2023**|2022| |---|---|---| |Contingency General Reserve (886140002AB)|**97,217**|114,768| |Organ Fund (886140005AB)|**19,707**|17,387| |Home Mission Fund (886140093AA)|**38,524**|35,026| |Home Mission Fund (C0070021188)|**497**|664| ||**155,945**|167,846| During the year, an additional £30,000 of funds were required to cover the overspend incurred by the church. This was funded by the disposal of shares held in the Contingency General Reserve fund. continued... Page 12 Redland Park United Reformed Church |Notes to the Financial Statements-continued
for the Year Ended 31 December 2023
**9.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 11)
Other creditors
**11.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
The bank overdraft represents the over spend of unrestricted funds.
**12.**
**MOVEMENT IN FUNDS**
Net
movement
At 1.1.23
in funds
£
£
**Unrestricted funds**
General fund
**194,358**
**(31,375)**
Organ fund
**17,557**
**2,319**
Junior church designated fund
**-**
**(1,217)**
**211,915**
**(30,273)**
**Restricted funds**
The Home Mission fund
**36,024**
**3,331**
Charitable collections (redistributed)
**-**
**4,193**
**36,024**
**7,524**
**TOTAL FUNDS**
**247,939**
**(22,749)**|**31.12.23**
**£**
**46,385**
**31.12.23**
**£**
**822**
**2,680**
**3,502**
**31.12.23**
**£**
**822**
Transfers
between
funds
£
**(714)**
**(169)**
**1,217**
**334**
**(334)**
**-**
**(334)**
**-**|31.12.22
£
12,000
31.12.22
£
-
5,261
5,261
31.12.22
£
-
At
31.12.23
£
**162,269**
**19,707**
**-**
**181,976**
**39,021**
**4,193**
**43,214**
**225,190**| |---|---|---| continued... Page 13 Redland Park United Reformed Church ## Notes to the Financial Statements - continued ## for the Year Ended 31 December 2023 ## **12. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Organ fund
Junior church designated fund
**Restricted funds**
The Home Mission fund
Charitable collections (redistributed)
**TOTAL FUNDS**|Incoming
resources
£
**167,014**
**-**
**-**
**167,014**
**(167)**
**5,666**
**5,499**
**172,513**|Resources
expended
£
**(210,837)**
**-**
**(1,217)**
**(212,054)**
**-**
**(1,473)**
**(1,473)**
**(213,527)**|Gains and
Movement
losses
in funds
£
£
**12,448**
**(31,375)**
**2,319**
**2,319**
**-**
**(1,217)**
**14,767**
**(30,273)**
**3,498**
**3,331**
**-**
**4,193**
**3,498**
**7,524**
**18,265**
**(22,749)**| |---|---|---|---| ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
Organ fund
**Restricted funds**
The Home Mission fund
Charitable collections (redistributed)
**TOTAL FUNDS**|At 1.1.22
£
264,843
19,299
284,142
41,157
-
41,157
325,299|Net
movement
in funds
£
(70,400)
(1,742)
(72,142)
(5,133)
(85)
(5,218)
(77,360)|Transfers
between
funds
£
(85)
-
(85)
-
85
85
-|At
31.12.22
£
194,358
17,557
211,915
36,024
-
36,024
247,939| |---|---|---|---|---| continued... Page 14 Redland Park United Reformed Church ## Notes to the Financial Statements - continued ## for the Year Ended 31 December 2023 ## **12. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Organ fund
**Restricted funds**
The Home Mission fund
Charitable collections (redistributed)
**TOTAL FUNDS**|Incoming
resources
£
133,795
126
133,921
(167)
2,865
2,698
136,619|Resources
expended
£
(186,559)
-
(186,559)
-
(2,950)
(2,950)
(189,509)|Gains and
Movement
losses
in funds
£
£
(17,636)
(70,400)
(1,868)
(1,742)
(19,504)
(72,142)
(4,966)
(5,133)
-
(85)
(4,966)
(5,218)
(24,470)
(77,360)| |---|---|---|---| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
Organ fund
Junior church designated fund
**Restricted funds**
The Home Mission fund
Charitable collections (redistributed)
**TOTAL FUNDS**|At 1.1.22
£
264,843
19,299
-
284,142
41,157
-
41,157
325,299|Net
movement
in funds
£
(101,775)
577
(1,217)
(102,415)
(1,802)
4,108
2,306
(100,109)|Transfers
between
funds
£
(799)
(169)
1,217
249
(334)
85
(249)
-|At
31.12.23
£
162,269
19,707
-
181,976
39,021
4,193
43,214
225,190| |---|---|---|---|---| continued... Page 15 Redland Park United Reformed Church ## Notes to the Financial Statements - continued for the Year Ended 31 December 2023 ## **12. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Organ fund
Junior church designated fund
**Restricted funds**
The Home Mission fund
Charitable collections (redistributed)
**TOTAL FUNDS**|Incoming
resources
£
300,809
126
-
300,935
(334)
8,531
8,197
309,132|Resources
expended
£
(397,396)
-
(1,217)
(398,613)
-
(4,423)
(4,423)
(403,036)|Gains and
Movement
losses
in funds
£
£
(5,188)
(101,775)
451
577
-
(1,217)
(4,737)
(102,415)
(1,468)
(1,802)
-
4,108
(1,468)
2,306
(6,205)
(100,109)| |---|---|---|---| ## **13. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2023. ## **14. POST BALANCE SHEET EVENTS** The restricted fund deficit at the year end was rectified on 2nd January 2024 on receipt of additional unrestricted funds. Page 16 Redland Park United Reformed Church |Detailed Statement of Financial Activities||| |---|---|---| |for the Year Ended 31 December 2023||| ||31.12.23|31.12.22| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Gifts|**43,990**|44,668| |Donations|**12,191**|8,205| |Gift aid|**11,918**|12,559| |Insurance claim|**38,576**|14,620| ||**106,675**|80,052| |**Other trading activities**||| |Church & Club Rooms, Hurle Road|**36,745**|38,949| |Rent of flats|**26,756**|15,965| |EDF solar panel refund|**1,320**|1,548| ||**64,821**|56,462| |**Investment income**||| |Deposit account interest|**60**|12| |Other interest|**93**|93| ||**153**|105| |**Charitable activities**||| |Other income|**864**|-| |**Total incoming resources**|**172,513**|136,619| |**EXPENDITURE**||| |**Raising donations and legacies**||| |Management charges|**3,495**|-| |**Charitable activities**||| |Wages|**11,164**|10,044| |Pensions|**147**|114| |Insurance|**9,119**|8,326| |Light, heat & water|**26,748**|16,993| |Telephone, printing and postage|**236**|-| |URC ministry & mission fund|**45,720**|44,520| |Manse expenses|**4,815**|6,118| |Music|**3,720**|4,420| |Other ministerial costs|**7,313**|6,067| |Property maintenance|**80,367**|79,429| |Carried forward|**189,349**|176,031| This page does not form part of the statutory financial statements Page 17 Redland Park United Reformed Church ## Detailed Statement of Financial Activities |Detailed Statement of Financial Activities||| |---|---|---| |for the Year Ended 31 December 2023||| ||31.12.23|31.12.22| ||£|£| |**Charitable activities**||| |Brought forward|**189,349**|176,031| |Equipment purchase|**646**|376| |Other church activity expenses|**1,160**|1,514| |Bank charges|**128**|121| |Organ repairs|**9,390**|-| |Grants to institutions|**1,473**|2,950| ||**202,146**|180,992| |**Support costs**||| |**Governance costs**||| |Auditors' remuneration for non audit work|**2,000**|988| |Depreciation of tangible fixed assets|**5,886**|7,529| ||**7,886**|8,517| |Total resources expended|**213,527**|189,509| |**Net expenditure before gains and losses**|**(41,014)**|(52,890)| |**Realised recognised gains and losses**||| |Realised gains/(losses) on fixed asset investments|**7,628**|-| |**Net expenditure**|**(33,386)**|(52,890)| Garden party This page does not form part of the statutory financial statements Page 18 Christian Aid fair Harvest This page does not form part of the statutory financial statements Page 18