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2024-12-31-accounts

Highgate United Reformed Church Report and Accounts

year ended 31st December 2024

HIGHGATE UNITED REFORMED CHURCH

LEGAL & ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 DECEMBER 2024

ADDRESS FOR CORRESPONDENCE Highgate United Reformed Church Pond Square Highgate London N6 6BA GOVERNING DOCUMENT Trusts distilled from the United Reformed Church Acts (1972 & 1981) and Scheme of Union (1972) 01/01/1973 CHARITY REGISTRATION NUMBER 1131691 TRUSTEES RESPONSIBLE FOR Beth Chaudhary MANAGING THE CHARITY Zacky Choo (Resigned 17/07/2025) Robert Gorrie Thomas Jenkins Iveta Olejkova CUSTODIAN TRUSTEES URC Thames North Synod Trust KEY MANAGEMENT Rev Jonathan Abernethy-Barkley INDEPENDENT EXAMINER Archie McDowall BA CA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

INDEX

Page 1 Legal & Administrative Details Page 2-4 Trustees' Report Page 5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Page 8-9 Notes

1

HIGHGATE UNITED REFORMED CHURCH

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 December 2024.

Objects of the charity

Thecharity, which is a church, is governed by Trusts distilled from the United Reformed Church Acts (1972 & 1981) and Scheme of Union (1972) 01/01/1973. It is constituted as a charitable incorporated organisation. Thepurposeofthechurch, as defined in it's charitableobjectives is: Theadvancement of theChristian faith for the benefit of the public in accordance with the Scheme of Union of the United Reformed Church.

In planning the activities the Trustees and Elders have regard to theguidance on public benefit issued by the Charities Commission. During the past year the Church has continued its pursuit of this purpose by making availableto thepublic opportunities for Public Worship every Sunday of theyear, and additionally on special occasions as required by theChristian Calendar. TheChurch , through its minister and its facilities, is available for baptisms, weddings and funerals to anyone whom the Minister and Elders considers makes a genuine request for such services. Highgate United Reformed Church is active in encouraging its members and congregation to represent, individually, the intentions of the Church in the particular contributions they make not only to the immediate community, but also through paid or voluntary activity to the wider community.

In addition to public worship, also available to view on-line, the Church and its congregation support regular Bible Study meetings in members homes or in the Church building, and a Christian Meditation Group meets on-line. TheChurch and its congregation are also active in practical support to thelocal community through financial contributions and volunteering, including hosting a weekly Community Lunch and through support of the Pathway organisation which takes the Christian message into local schools. The C4WS Homeless Shelter, is hosted on nights over the winter, and staffed by volunteers. The Church also madea financial contribution to C4WS.

2

Summary of the charity's main activities and achievements

In 2024 the Church continued to benefit from the leadership and Ministry of our Minister Jonathan AbernethyBarkley. The Elders and Trustees would like to express their thanks to Jonathan for the energy, enthusiasm and leadership in his ministry and for his much appreciated pastoral visiting especially of members and worshippers in hospital or housebound. Sunday morning worship continues to be a place and gathering of welcome to all. While the congregation remains small, numbers in 2024 were up on 2023. With support from parents and Jonathan the young adherent leading our Sundays Cool has continued to be a success with the young people in the congregation. The Church supported a trip for our Junior leader to Taize in the company of several young people from other local churches. This was a good example of new emerging local relationships being supported by Jonathan. The hosting of the winter shelter in partnership with C4WS has continued successfully and provides opportunities for working together with volunteers from other local churches and those from no church. The successful bid to the National Lottery Community Fund for funding of our Community Lunch enabled the provision of a weekly hot meal which serves as a catalyst for outreach to the local community, connecting with those with needs and those without obvious need except for the opportunity to connect with others. Volunteers support the chef, and the lunch provides the opportunity of work experience for individuals supported by the Harington Trust. The success of the lunch has encouraged and enabled a bid for future funding to allow the lunch to continue in 2025 and beyond. The relationship with the Little Village "Baby Bank" organisation has continued to flourish with the Church proving a popular and successful drop off point for donors.

Financial review

Receipts for the year were £150k. This was £4k down on 2023. However the2023 receipts included the£8k National Lottery Community Fund grant towards the 2024 operation of the Community Lunch. Other receipts in 2024 were therefore up £4k on 2023. This was principally collections taken at theCommunity Lunch and increased donations and fund raising for the Winter Shelter.

Total payments for 2024 were £171k, up £19k on 2023. £8k of the increase were costs relating to the Community Lunch. While there was a degree of underlying cost inflation the other principal increase over 2023 was in maintenance of the Church which included a significant spend on damp proofing work. Some possiblebuilding issues havebeen identified with thespireand theboilers continueto givecause for concern. Both of these items could require significant work. Options and possible funding sources are being investigated.

There was a deficit for the year of £21k. As described above £8k is a result of the costs for the Community Lunch being in 2024 whilethe grant income was received in 2023. However that leaves an underlying deficit of£13k for theyear. TheChurch holds amplereserves but will need to address both theunderlying deficit and the net costs of addressing any issues with the spire and boilers.

Thefinancial out turn for 2025 will bedriven by whether any significant cost is incurred in 2025 on either the boilers or spire, and theoutcomeofgrant bids for futurefunding ofthe Community Lunch. Thebalance on all the other receipts and expenditure is forecast to be broadly break even.

Reserves policy

The Reserves Policy is to hold 50% of annual expenditure as a reserve. Currently this Reserve is set at £66k. General Fund payments in 2024 were £124k. These exclude costs relating to thedirect employment of a full time minister which are covered by the Future Ministry Fund, and restricted expenditurewhich comes from restricted funds. As such the Trustees view thecurrent level of General Reserves as appropriate for the level of General Fund payments.

3

Governance & Organisational Structure

The Trustees meet as Elders, with the Minister, most months. Elders are appointed following a discernment process that ends with confirmation, or not, by Church Meeting. Elders also become Trustees. Under the leadership of the Minister Elders haveresponsibility for the management of theChurch delegated to them by Church Meeting which is thesovereign body. Church meetings areusually convened quarterly although when issues arise requiring more immediate consideration and decision additional meetings are called. TheElders delegate particular matters concerned with the upkeep and refurbishment of Church properties to the Management Committee. This Committee meets most months and when appropriate or helpful joint meetings with Elders are held.

Responsibilities of trustees

Charity law requires us as Trustees to preparefinancial statements for each accounting year which record the receipts and payments of the charity for the year.

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.

We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

Approval

This report was approved by the trustees and signed on their behalf by:

Robert Gorrie

Robert Gorrie (Sep 25, 2025 15:57:18 GMT+1)

………………………………………………………..

ROBERT GORRIE

Sep 25, 2025 Date:_____

4

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

HIGHGATE UNITED REFORMED CHURCH

I report to thetrustees on my examination oftheaccounts ofHighgate United Reformed Church ('the charity') for the year ended 31 December 2024 on pages 6 to 9 following.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).

I report in respect ofmy examination ofthecharity’s accounts carried out under section 145 of the2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have cometo my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in accordance with section 130 of the 2011 Act; or

  2. the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Archie McDowall

Archie McDowall (Sep 30, 2025 10:06:32 GMT+1)

Archie McDowall BA CA Stewardship 1 Lamb's Passage EC1Y 8AB

Sep 30, 2025

5

HIGHGATE UNITED REFORMED CHURCH

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2024

Unrestricted Funds
General Designated Restricted
Funds Funds Funds 2024 2023
Notes £ £ £ £ £
Income receipts
Donations & Legacies 14,812 - 4,944 19,756 16,813
Gift aid receipts 3,095 - - 3,095 3,985
Church Lettings 59,935 - - 59,935 60,665
Elthorne Road 60,000 - - 60,000 60,000
Fund Raising Events 2,284 - - 2,284 -
Grants - - - - 8,180
Other 4,857 - - 4,857 4,234
Total receipts 144,983 - 4,944 149,927 153,877
Payments
Payments in relation to charitable activities
undertaken directly
2 91,089 37,781 8,869 137,738 115,727
Contribution to URC Ministry & Mission
Fund
30,000 30,000 30,000
Grants paid in relation to charitable activities
undertaken by others 3 3,000 - 691 3,691 6,660
Total payments 124,089 37,781 9,559 171,429 152,387
Net of receipts / (payments) before transfers
20,895 (37,781) (4,616) (21,502) 1,490
Transfers between funds 5 - - - - -
Net movement in funds 20,895 (37,781) (4,616) (21,502) 1,490
Cash funds as at last year end 74,582 174,116 9,218 257,916 256,426
Cash funds at this year end 95,477 136,335 4,602 236,415 257,916

The notes on pages 8 - 9 form part of these accounts.

6

HIGHGATE UNITED REFORMED CHURCH

STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 31 DECEMBER 2024

Notes
A
Cash funds
Cash at bank with immediate access
B
Other monetary assets
Gift aid due to charity
Other debtors
C
Liabilities
Trade Creditors
Debtors & Prepayments
Fee for Independent Examination
General
Designated
funds
funds
£
£
95,477
136,335
95,477
136,335
2,000
-
1,407
-
3,407
-
1,616
-
15,000
-
1,200
-
17,816
-
Unrestricted Funds
Restricted
funds
£
4,603
4,603
-
-
-
-
-
-
-
2024
£
236,415
236,415
2,000
1,407
3,407
1,616
15,000
1,200
17,816
2023
£
257,916
257,916
1,875
700
2,575
1,479
16,018
1,200
18,697

D Assets retained for charity's own use

Freehold Property: theTrustees ofthechurch, manse buildings, and theElthorne Road property, arethe URC Thames North Synod Trust who hold them upon trust for purposes connected with HighgateURC. Expenditureincurred on thechurch and manse is written offin theyear it is incurred.

For insurance purposes the church buildings are insured by the church for a declared value £10,139,488 and the manse for £1,000,000.

The church contents are insured by the church for £185,420. Elthorne Road is insured for £3,124,799 with the premium paid by the tenant.

The accounts were approved by the trustees and signed on their behalf

Approval

~~Robert Gorrie~~ Robert Gorrie Robert Gorrie (Sep 25, 2025 15:57:18 GMT+1)

Sep 25, 2025 Robert Gorrie


ROBERT GORRIE

The notes on pages 8 - 9 form part of these accounts.

7

HIGHGATE UNITED REFORMED CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

The accounts have been prepared on a receipts and payments basis and comprisea statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicableaccounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds compriseunrestricted funds that havebeen set asideby thetrustees for particular purposes. Restricted funds are donations which areto beused in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

2
Payments in relation to charitable activities undertaken directly
Ministerial Costs (see note 2(a))
Administration Services
Cost of Church Activities (see note 2(b))
Legal & Professional Fees
Independent examination
Other costs
Ministerial Employment
Pulpit Supply
Ministerial Expenses
Manse Costs
Manse Maintenance
2
(b)
Cost of Church Activities comprise:
Church
Insurance
Utilities
Maintenance
Cleaning & Refuse
Organists & Music
Equipment Purchased
Community Lunch
Other Running Costs
Junior Church Leader
Junior Church Costs
Training
Communications
Office Equipment & Supplies
Printing, Postage, Advertising, Computer
Telephones
3
Grants paid in relation to charitable activities undertaken by others
Pathway
Barnabas
HNCC
C4WS
Other
Unrestricted Fun
General
funds
£
3,907
10,480
74,071
771
1,140
720
91,089
-
75
-
3,752
80
3,907
7,957
9,280
31,262
10,698
7,405
-
-
1,803
68,406
840
939
-
1,779
219
2,270
1,397
3,886
2,000
1,000
-
-
-
3,000
ds
Designated
funds
£
37,781
-
-
-
-
-
37,781
37,781
-
-
-
-
37,781
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
Funds
£
-
-
8,869
-
-
-
8,869
-
-
-
-
-
-
-
-
-
-
-
-
8,310
559
8,869
-
-
-
-
-
555
135
691
Total
2024
£
41,688
10,480
82,939
771
1,140
720
137,738
37,781
75
-
3,752
80
41,688
7,957
9,280
31,262
10,698
7,405
-
8,310
2,362
77,274
840
939
-
1,779
219
2,270
1,397
3,886
2,000
1,000
-
555
135
3,691
Total
2023
£
40,119
9,753
63,325
604
1,140
786
115,727
33,394
100
360
4,159
2,106
40,119
8,420
7,003
21,896
8,012
5,580
404
5,104
1,806
58,225
493
1,188
156
1,837
134
1,851
1,278
3,263
2,500
1,500
57
1,698
905
6,660

8

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

HIGHGATE UNITED REFORMED CHURCH

4 Transactions with related parties

The Charity employs J Abernethy-Berkley as the Full time Minister for theChurch. Heis not a Trusteeof theCharity. Thecosts ofhis employment, and in respect ofthe provision of accommodation (which is customary for ministers) so that they can better perform their duties, is shown in note 2 (a) above.

The total of donations funded by Trustees and related parties was £5,350 (2023 £5,080)

5 Movement of funds

vement of funds
General funds
Designated funds
Future Ministry
Reserves
Total Unrestricted General Funds
Restricted funds
C4WS
Other Charity Collections
Churches Together in Highgate
Community Lunch Programme
Total funds
Balance at
31 Dec 2023
£
74,582
108,116
66,000
174,116
248,698
555
124
440
8,100
9,219
257,917
Receipts
£
144,983
-
-
-
144,983
2,654
-
-
2,290
4,944
149,927
Payments
£
(124,089)
(37,781)
-
(37,781)
(161,869)
(1,114)
(135)
-
(8,310)
(9,559)
(171,429)
Transfers
£
-
-
-
-
-
-
-
-
-
-
-
Balance at
31 Dec 2024
£
95,477
70,335
66,000
136,335
231,812
2,095
12
-
440
2,079
4,603
236,415

The two Designated Funds are firstly the Future Ministry Fund which is comprised of monies set aside to fund the payment of full time ministerial leadership, and secondly the monies set aside to meet the objectives of the Reserve Policy described in the Trustee Report.

The restricted funds represent monies collected or received for particular causes or charities.

9