2021-12-31-accounts - Downing Place United Reformed Church, Cambridge, General Funds Charity

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rustees serving during the calend	ar year 2021
	Service as
	Trustee
Elizabeth Mary Barrow	from 23 May
Alison Esther Binney	to 23 May
Anthony Edward Bottoms	to 23 May
Stephanie Jane Bower	full year
Colin. William Christy	full year
Helen Christy	full year
Elizabeth Cornelia de Bruin-Lara	full year
Jennifer Russell Jacobsberg	full year
Philippa Millington Jones	full year
Carys Eleri Lee	full year
Simone Maghenzani	full year
Penelope Jane Milsom Charles Christopher A~r Pear ce	to23May to23 May
Sheila Margaret Porrer	full year
Alan James Robertson Rickard	full year
Melanic julia Selina Rose	from 23 May
Judith Valerie Rowland	to23 May
Hazel Joy Sanderson	from 23May
William Owen Saxton	full year	Clerk to the Elders' Meeting
Hannah Clare Stephenson	From 23May
lan Chilies Strachan	full year	Treasurer
David Wilfred Tatem	from 23 May
Daphne Anne Thomas	full year
Margaret Mary Thompson	full year	Church Secretary
Stephen Thornton	full year
Nigel Philip Uden	full year	Minister and Chair

FORTHE YEAR ENDED 31DEC	EMBER2	021
				Unrestricted	Designated	Restricted	Total	Total
			Note	Funds	Funds	Funds	2021	2020
					K	K	K	K
Income
Donations and legacies			2(a)	149,547	30,000	7,724	187,271	174,61Z
Charitable activities			2{b)	83,339	420	18,269	102,028	138,435
Other income and donations			2(c)	82,500	27,500		110,000	108,000
Income from investments			2(d)	36,180	4,674		40,854	35,348
Total income				351,566	62,594	25,993	440,153	456,395
Kxpenditure
Cost ofgenerating funds			3(a)	399			399	575
Charitable activities:
IJRC Ministry and Mission Fund			3(b)	143,986			143,986	137,475
Ministerial costs			3(c)	25,347		20	25,367	18,674
Costs ofchurch activities			3(d)	170,808	24,330		195,138	161,771
Designated funds and restricted	donations	passed on	3(e)		32,309	7,704	40,013	32,637
Governance costs			3(f)	1,320			1,320	1,320
Total expenditure				341,860	56,639	7,724	406,2Z3	352,452
Net Income/(deficit) before investment		gains		9,706	5,955	18,269	33,930	103,945
Net gains on investments
Unrealised gains on investment	assets				105,284	-	105,284	1,807
Net income for the year before transfers				9,706	111,239	18,269	139,214	105,751
Transfers between funds				1o,ooo	{10,000)
Net Movement in Funds				19,706	101,239	18,269	139,214	105,751
Fund Balances b/fwd at 1January 2021				332,036	755,127	300,677	1,3'87,840	1,282,090
Fund Balances c/fwd at31December 2021				351,742	856,366	318,946	1,527,054	1,387,840

BALAÃCE SHEET ASAT31DECEMBER ZOZ1
		2021	2020
	Note
FIXEDASSETS
Tangible Fixed Assets		302,597
Investments		985,447	680,163
CURRENT ASSETS
Debtors		29,307	62,975
Cash at Bank and ln Hand		524,953	659,868
		55'4,260	722,843
CURRENT LIABILITIES
Creditors Due Within One Year		315,250	15,166
NET CURRENT ASSETS		239,010	707,677
TOTAL ASSETSLESSCURRENT LIABILITIES		1,527,054	1,387,840
Creditors Due After One Year
NET ASSETS		'l,527,054	1,387,840
FUNDS
Unrestricted Funds		351,742	332,036
Designated Funds		856,366	755,127
Restricted Funds		318,946	300,677
		1,527,054	1,387,840

STATEMENT OF CASH FLOWS ASAT31DECEMBER2021
			2021	2020
		Note (below)	E	6
Cash flow from operating activities:
Net cash provided by operating activities			351,704	72,155
Cash flow from investing activities - additions	to investments		(200,000)
Purchase offixed assets			(327,473)
Dividends and interest			40,854	35,348
Change in cash and cash equivalents in the reporting period			(134,915)	107,503
Cash and cash equivalents atthe beginning	ofthe reporting	period	659,868	552,366
Cash and cash equivalents atthe end ofthe	reporting period		524,953	659,868
Notes tothe statement ofcash flow
A) Reconcihation ofnet income tonet cashflow from operating activities
Net (expenditure)/income forthe reporting period asper the statement offinancial activites			139,214	105,751
Profit on disposal ofassets
Depreciation			24,876
Unrealised (gains)/losses on investments			(105,284)	(1,807)
Dividends and interest			(40,854)	(35,348)
(Increase) /decrease in debtors (Decreasej/increase in creditors			33,668 300,084	7,306 ~3,737
Net cash provided by operating activities			351,704	72,155
B)Analysis ofcash and cash equivalents
Cash atbank and in hand			524,953	659,868

			Unr estricted	Designated	Restricted	Total Funds	Total Funds
			Funds	Funds	Funds	2021	2020
				K	f.		K
	Mission Outreach:
	Donations		156			156	403
			156			156	403
	Totalcosts	ofChurchActivities	170,808	24,330		195,138	161,771
(e)	Designated	funds and restricted donations	passed on
	4George Street Fund
	Earinarked	Funds					1,646
	Commitment	for Life			7,704	7,704	9,176
	Designated	Funds		32,309		32,309	21,815
				32,309	7,?04	40,013	32,637
(fl	Governance	Casts
	Independent	Examiner	1,320			1,320	1,320
			1,320			1,320	1,320
(g)	STAFF COSTS
	Expenditure	includes total staff costs of69?,575(2020 - 894,722)as shown below. The			average number ofstaff in the year		was 5(2020-
	6].
						2021	2020
							E
	Gross salaries and wages					88,735	83,735
	Social security costs					3,723	6,404
	Pension costs					5,117	4,583
						97,575	94,722
4	TANGIBLE	FIXEDASSETS				Fixtures,
						Fittings 8
						Equipment	Total
	Cost at1January 2021
	Additions					3Z7,473	327,473
	Disposais
	Costat 31December 2021					327.473.	327,473
	Depreciation	at1January 2021
	Depreciation	charge foryear				24,876	24,876
	Elimination	on disposals
	Depreciation	at31December 2021				24,876	24,876
	Net book value at31December 2021					302,597	302,597
	Net book value at1January 2021

O	RTHE YEAR ENDED 31DE	CEMBER2021
5	INVESTMENTS
				2021	2020
				E	E
	Market value at1January	2021		680,163	678,356
	Additions			200,000
	Net unrealised gains			105,284	1,807
	Market value at31December 2021			903447	600.163
	Made up as follows:
	COIF Charities investment	Fund - EURC General	Fund	310,124	271,449
	COIF Charities Investment	Fund - John Hall Fund		177,001	155,934
	MgiG Charifund Accumulation Units			236,097	198,315
	COIF Charities Investment	Fund - income Units		62,223	54,463
	COIF Charities investment	Fund - Accumulation	Units	200,000
	Shares in Lewis Gibson Limited			2	2
				983,447	680163

6	DEBTORS
			2021	2020
			6
	Debtors		19,307	34,923
	Lewis Gibson Limited		10,000	28,000
			29,307	62,975
7	CREDITORS: amounts fang due within one	year,
			2021	2020
	Creditors		7,036	1,196
	Social security			2,201
	Accruals and Deferred Income		308,214	11,769
			315,250	13,166
	Rental income is received in advance and accounted for asa hability and shown on the balance sheet as Deferred income,			Deferred
	income isreleased to income in the reporting	period the rent relates to,
			2021	2020
			f
	Balance atthe start ofthe reporting period Amounts added in current periods Amounts released to income from previous periods Balance atthe end ofthe reporting period		7,200 ~7,300	3,600 7,200 ~3,600 7,200

	Balance Bfwd	Income	Expenditure	Balance Cfwd
Ministry g2 Mission Fund	6,200			6,200
Benevolent Fund	3,383		(20]	3,363
4George Street Fund	22,308	15,269		37,577
Commitment for Life		7,724	(7,704)	20
Castle End Mission Pund	186,672			186,672
Evangelism and Service - Fundraisfng Earmarked Funds &Giving for Others Fund	80,194 1,920 300,677	3,000 25,993	~7,724	83,194 1,920 318,946

			Unrestricted	Designated	Restricted.	Restricted.	Combined
			fundsf	fundsf	fundsf		Total f
Tangible Fixed Assets			302,597				302,597
Investments			2	666,499	318,946		985,447
Net Current Assets			49,142	189,868			239,010
Fund Balance			351,742	856,366	318,946		1,52?,054
RELATED PARTIES
Lewis Gibson Limited isa related party		ofthe church, by virtue ofthe benficial holding of		66.6?Vq in that	company.	Transactions	between
the church aud Lewis Gibson Limited are disclosed in note 5to the accounts.
STATEMENT OFFINANCIAL ACTIYITIKS FORTHE YEAR ENDED 31DECEMBER2020
			Unrestricted	Designated	Restricted		Total
		Note	Fundsf	Funds f	Funds f		2020 f
Income
Donations and legades.		2(a)	157,052	8,600		8,960	174,612
Charitable activtties		2{b)	47/31	181		91,023	138,435
Other income and donations		2{c)	81,000	27,000			108,000
Income from investments		2(d)	30,697	4,651			35,348
Total income			315,980	40,432		99,983	456,395
Kxpenditure
Costofgenerating funds		3(a)	575
Charitable activities:
URC Ministry and Mission Fund		3{b)	137,475				137,475
Ministerial costs		3(c)	18,673				18,673
Costs ofchurch a~vittes		3(d)	149,207	12,565			161,772
Designated funds and restricted
donations passed on		3{a)		21,815		10,822	32,637
Governance costs		3{f)	1,320				1,320
Tond expenditure			307,249	34,380		10,822	352,451
Net gains on investments
Unrealised gains on investment	assets			1,807			1,807
Net income for the year before
transfers			8,731	7,859		89,161	105,751
Transfers between funds
Net Movement in Funds			8,731	7,859		89,161	105,751