|Contents ofaccounts||Pages| |---|---|---| |Trustees' Report||1-8| |Statement ofFinancial Activities||| |Balance Sheet||10| |Statement ofCash Flows||| |Notes to the financial statements||12-17| |Independent
Examiner's|Report|18| # ## ## ## ## ## ## ## ## |Trustees serving durin|g the calen|dar year 2022|| |---|---|---|---| |||Service as|| |||Trustee|| |Elizabeth
Mary Barrow||full year|| |Stephanie ~n
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|| |Sheila Margaret Porrer||full year|| |Alan James Robertson|Rickard|full year|| |Melanic Julia Selina Rose||full year|| |Hazel Joy Sanderson||full year|| |William Qwen Sexton
Hannah
Clare Stephenson||full year
full year|Clerk to the Elders' Meeting| |lan Chilies Strachan||fuii year|Treasurer| |David Wilfred Tatem||full year|| |Daphne Anne Thomas||full year|| |Margaret
Mary Thompson
Stephen Thornton||full year
full year|Church Secretary| |Nigel Philip Uden||full year|Minister and Chair| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Designated|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---|---| |||||Note|Funds|Funds|Funds|2022|2021| ||||||K||K|K|K| |Income|||||||||| |Donations
and legacies
Charitable
activities
Other income and donations
Income from investments
Development
income||||2(a)
2(b)
2(c)
2(d)
2(e)|140,242
109,035
82,425
46,824|34,242
753
27,475|29,758
18,533
-
186,326|204,242
128,321
109,900
46,824
186,326|187,271
102,028
110,000
40,854| |Total income|||||378,527|62,469|234617|675,613|440,153| |Expenditure|||||||||| |Cost ofgenerating
funds
Charitable
activities:||||3(a)|||||399| |URC Ministry and Mission Fund
Ministerial
costs
Costs ofChurch activities
Designated
funds and restricted
Governance
costs|donations||passed on|3(b)
3(c)
3(d)
3(e)
3(t)|142,620
31,879
287,671
1,320|12,900
8,690
22,424|3,121
10,800|142,620
44,779
299,482
33,224
1,320|143,986
25,367
195,138
40,013
1,320| |Total expenditure|||||463,491|44,014|13,921|521,426|406,223| |Net income/(defidt)
before investment|||gains / losses||(84,964)|18,455|220,696|154,187|33,930| |Net gains on investments|||||||||| |Unrealised
0oss)/ gains on investment||assets||||83,680||83,680|105,284| |Net income for the year before|transfers||||(84,964)|(65,225)|220,696|70,507|139,214| |Transfers between
funds|||||10,000|(10,000)|||| |Net Movement
in Funds|||||(74,964)|(75,225)|220,696|70,507|139,214| |Fund Balances b/fwd at1January 2022|||||351,742|856,366|318,946|1,527,054|1,387,840| |Fund Balances c/fwd at31December||2022|||276,778|781,141|539,642|1,597,561|1,527,054| ## ## |BALANCE SHEET
ASAT31DECEMBER2022||||| |---|---|---|---|---| |||2022||2021| ||Mote|6|6|6| |FIXEDASSETS||||| |TangIble Fbted Assets
Investments||262,460
901,767||302497
985,447| |CURRENT ASSETS||||| |Debtors
Cash atBookend In Hand||41,304
435,964|29,307
524,953|| ||||554,260|| |CURRENT LIABILITIES||||| |Creditors Due WIthin One Year|7|43,934|015250|| |NET CURRENT ASSEFS||433334||239,010| |TOTAL ASSETSLESSCURRENT LIABILITIES||1,597461||1,527,054| |Creditors
Due Alter One Year||||| |NET ASSETS||1.597561||1.427.054| |FUNDS||||| |Unrestricted
Funds
Designated
Funds
Restricted
Funds||276,778
781,141
539,642||351,742
856366
318,946| |||1,597562||1.52.054| ## ## |||||2022|2021| |---|---|---|---|---|---| ||||Note (below)|6|6| |Cash flow from operating activities:|||||| |Net cash (absorbed by) / provided
by operating
activities||||(125,128)|351,704| |Cash flow from investing
activities - additions
Purchase offixed assets
Dividends
and interest|to investments|||(10,684)
46,824|(200,000)
(327,473)
40,854| |Change in cash and cash equivalents
in the reporting||period||(88,988)|(134,915)| |Cash and cash equivalents
at the beginning|ofthe|reporting period||524,953|659,868| |Cash and cash equivalents
at the end ofthe|reporting period|||35,9|524,953| |Notes to the statement ofcash flow|||||| |A) Reconciliation ofnet income to net cashflow from operating activities|||||| |Net (expenditure)/income
for the reporting
period as
Depredation
Unrealised
(gains)/losses
on investments
Dividends
and interest
(Increase)/decrease
in debtors
(Decrease)/increase
In creditors||per the statement|offinancial aciivites|70,507
50,821
83,680
(46,824)
(11,996)
~31|139,214
24,876
(105,284)
(40,854)
33,668
300,084| |Net cash provided
by operating activities|||||| |B)Analysis ofcash and cash equivalents
Cash atbank and in hand||||59,9 3|| ## ## ## ## ## ## ## ## ## ## ## ## ## |2|INCOME|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||Unrestricted||Designated||||Restricted|TotalFunds||TotalFunds|| ||||||Funds||Funds|||Funds|2022|||2021| |(a) Donations and legacies:||||||||E||6|E|||E| ||Offerings
Tax reclaimed
under gift aid
Special offerings and donations
Other donations
and legacies|received|||113,407
24,820
2,016|||34,242||10,780
18,978|113,407
24,820
10,780
55,235|||121,500
26,752
7,744
31,275| |(b) Charitable activities:|||||140,242|||34,242||29,758|204,242|||187,271| |Rental income from hall lettings
Rental income from residential
properties
Fund raising events and other income
(c) Other income and donations:|||||61,850
43,820
3,365
109,035|||753
753||18,533
18,533|61,850
62,353
4,118
128,321|||43,293
37,985
20,750
102,028| ||Donations
from Lewis Gibson Limited||||82,425|||27,475|||109,900|||110000| |(d) Income from Investments:|||||82,425|||27,475|||109,900|||110,000| |Bank interest ÷nds
(e) Development
income:|||||46,824
46,824||||||46,824
46,824|||40,854
40,854| ||Proceeds from sale ofproperty|||||||||||||| ||available
for mission|||||||||186,326|186,326|||| |||||||||||186,326|186,326|||| ||Total income||||378,527|||62,469||234,617|675,613|||440,153| |3|EXPENDITURE|||||||||||||| |||||Unrestricted||Designated||||Restricted|Total Funds||Total Funds|| ||||||Funds||Funds|||Funds|2022|||2021| |(a)|CostofGenerating
Funds||||6|||E||E|E|||| ||Cost ofministry and mission|||||||||||||399| |||||||||||||||399| |(b)|URC Ministry &Mission Fund|||||||||||||| ||URC Ministry and Mission Fund
The Church
contributes
to the
pension contributions
and other|central
benefits|142,620
142,620
URC costs of traming
and providing
mitusters
for ministers),
running
the denomination,
and|||||||142,620
142,620
(mcluding
the centralised
payment
of
the wider mission ofthe national
church.||||143,986
143,986
stipends,| |(c)|Ministerial
Costs|||||||||||||| |(d)|Ministers'
expenses
Pioneer Ministry
Worship resources
Visiting ministers
Musical life ofthe Church
Costs ofChurch Activities||||10,442
979
1,262
19196
31879|||10,526
2 374
12,900|||10,442
10,526
979
1,262
21,570
44779|||8,995
1,175
294
14,903
25,367| ||Premises running
costs:|||||||||||||| ||Rates and utilities
Insurance
Repairs and maintenance
Caretaker and cleaning
ITand AV
Depreciauon
Administration
costs:||||28,235
10,220
57,258
22,351
6,152
50,821
175,036|||||3,121
3,121|28,235
10,220
60,379
22,351
6,152
50,821
178,157|||12,253
9,831
21,820
9,670
24,876
78,450| ||Office costs
Staffcosts
Bank charges and interest||||30,614
81,780
241|||1,123
81|||31,737
81,780
322|||28,384
87,885
262| ||||||112,635|||1204|||113,839||116,531|| ||||||Page|13||||||||| ## ## ## |||Unrestricted|Unrestricted|Designated|Restricted|TotalPunds|TotalFunds| |---|---|---|---|---|---|---|---| |||Funds||Funds|Funds|2022|2021| ||||6|6||6|6| ||Misston Outreach:||||||| ||Donations
Hub Hospitality|||7,486||7,486|156| |||||7486||7486|156| ||Total costs ofChurch Activities|287,671||8690|3121|299,482|195,138| |(e)|Designated
funds and restricted donations passed on
4George Street Fund||||||| ||Earmarked
Funds||||||| ||Commitment
for Life
Designated
Funds|||22,424
22,424|10,800
10,800|10,800
22,424
33,224|7,704
32,309
40,013| |(fJ|Governance
Costs||||||| ||Independent
Examiner||1,320
1,320|||1,320
1,320|1,320
1,320| ||Total Expenditure|463,491||44,014|13,921|521,426|406,223| |(g)|STAFF COSTS||||||| ||Expenditure
includes total staff costs of6101,708(2021 -
-5)||697,575)as shown below. The average number|||ofstaff in the year|was 5(2021| ||2022|2021| |---|---|---| |Gross salaries and wages
Social security costs
Pension costs|6
93,068
2,633|6
88,735
3,723| ||6,007|5,117| ||101,708|97,575| |TANGIBLE FIXEDASSETS|Fixtures,|| ||Fittings A|| ||Equipment|Total| |Cost at 1January 2022
Additions|6
327,473|327,473| |Dispose!s|10,684|10,684| |Cost at 31December 2022||| ||338,157|338,157| |Depreciation
at 1January 2022
Depreciation
charge for year
Elimination
on disposals|24,876
50,821|24,876
50,821| |Depreciation
at 31December 2022|75,697|75,697| |Net book value at31December 2022
Net book value at 1January 2022|262,460
302,597|262,460
302,597| ## |INVESTMENTS||| |---|---|---| ||2022|2021| ||f|6| |Market value at 1January 2022
Additions
Net unreal5sed(
lossJ/gains
Market value at31December 2022|985,447
~0
0»|680,163
200,000
05
5| |Made up as follows:||| |COIF Charities Investment
Fund - EURC General Fund
COIF Charities Ethical Investment
Fund -John Hall Fund
M&G Charifund
Accumulation
Units
COIF Charities Ethical Investment
Fund - Income Untts
COIF Charities Ethical Investment
Fund
Shares in Lewis Gibson Limited|155,255
235,622
327,782
183,107
2|310,124
177,001
236,097
62,223
200,000
2| ||»6|| |||2022|2021| |---|---|---|---| |||6|f| |Debtors|||| |Lewis Gibson Limited||21,404
19,900|19,307
10,000| |||41304|29,307| |CREDITORS: amounts|falling due within one year.||| |||2022|2021| ||||f| |Creditors|||| |Accruals and Deferred|Income|8,119
35,815|7,036
308,214| |||43,934|315250| |Income|isreleased to income in the|
reporting
period the rent relates to.|eerre nc|me.|Deferred| |---|---|---|---|---|---| ||||2022||2021| ||||f||f| |Balance
Amounts
Amounts
Balance|at the start ofthe reporting
added in current periods
released to income from
at the end ofthe reporting|period
previous periods
period||341
3|7,200
~0| ## ## ## ## ## ## ## ||||Unrestricted|Designated|Restricted|Combtned| |---|---|---|---|---|---|---| ||||funds|funds|funds|Total| |||||6|6|6| |Tangible Fixed Assets
Investments
Net Current Assets
Fund Balance|||262,460
2
14,315
276,778|362,124
419,018
781,141|539,642
539,642|262,460
901,768
433,333
1,597,561| |1 RELATED PARTIES||||||| |Lewis Gibson Limited is a related party
between the Church and Lewis Gibson||ofthe Church, by virtue ofthe beneficial holding of66.67% in that
Limited are disclosed in note 5to the accounts.|||company.
Transactions|| |STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31DECEMBER2021||||||| ||||Unrestricted|Designated|Restricted|Total| ||||Funds|Funds|Funds|2021| |||||6|6|| |Income||||||| |Donations
and legacies
Charitable
activities
Other Income and donations
Income from investments|||149,547
83,339
82,500
36,180|30,000
420
27,500
4,674|7,724
18,269|187,271
102,028
110,000
40,854| |Total income|||351,566|62,594|25,993|440,153| |Expenditure||||||| |Cost ofgenerating
funds
Charitable
activities:|||399|||399| |VRC Ministry and Mission Fund
Ministerial
costs
Costs ofChurch activtties
Designated
funds and restricted|||143,986
25,347
170,808|24,330|20|143,986
25,367
195,138| |donations
passed on
Governance
costs|||1,320|32,309|7,704|40,013
1,320| |Total expenditure|||341,860|56,639|7,724|406,223| |Net income/(de6mt)
before investment||gains / losses|9,706|5,955|18,269|33,930| |Net gains on investments||||||| |Unrealised
gains on Investment|assets|||105,284||105284| |Net income for the year before||||||| |transfers|||9,706|111,239|18,269|139,214| |Transfers between
funds|||10,000|(10,000)||| |Net Movement
In Funds|||19,706|101,239|18,269|139,214| ## ## ## ## ##