| ',';;,.'Adeyfield Free Church Hemel Hempstead |
',';;,.'Adeyfield Free Church Hemel Hempstead |
',';;,.'Adeyfield Free Church Hemel Hempstead |
',';;,.'Adeyfield Free Church Hemel Hempstead |
',';;,.'Adeyfield Free Church Hemel Hempstead |
U | RC | RC | Page 1 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ."::,FINANCIAL STATEMENTS YEAR ENDED | 31 | MARCH 2023 | ||||||||||
| :;:,:-'r'."RECEIPTS AND PAYMENTS ACCOUNT | ||||||||||||
| Last Year:. , '. | ||||||||||||
| 2022 | ||||||||||||
| Total 8 | ||||||||||||
| .:::-":Offerings | ':,,". | :. ';-'; 50,908:.„:;::;: |
.„.:: | 2,560 | '.r | 53,468,-::,;:;:':::"':: | 62,814,''f::,:'.:. ', |
|||||
| ;;:.,-,",Fund raising and donations | 2,563,,:. | 3,024':".,'.: | 5,156::.: | 10,742;i-.;.;-".-;;; | 19,756 „'-„. -' |
|||||||
| ,"-.,";-"Monies raised for named causes | -",,:I' | 3 | 0'~ | 6,186'- | 6,451,-. ', | |||||||
| :.';„' Gift Aid tax repayments , -';;- Property - church/hall users |
.",:," | 4 | ':;-,:;: | 7,370.';;:„-'- 0:-,,'; |
739':;:::' 3273?:-". |
678;-' | 8,786' „';;.;; 32,737 "';;-,;:.;-.-; |
15,847 '.":" 29,694;;,'' |
||||
| ;-':-;:Grants/Legacies Received -.lgRefunds Received .,"-"..;::Bank interest 8 investment income |
0 '-' 0,„, 9,:;; |
0:, 0':; 0,';, ' |
i, 5'-,:: |
0 "".=„,:". Q. .ij„; 14,:." -'-'."; |
3457':.'g 3,531 ":. -". 22'-'-", |
|||||||
| '-',„";Ba!ance | 90 ~t":"' | |||||||||||
| Total receipts:. | :..;.-„':;.',::":,".--.;„':.'::::: | 60,849 .'': | 42,685 " | 8,398",:: | 111,933,:;:»'.::-, | 141,318.';-;::: | ||||||
| '-':„'-;Ministry 8 MissionFund:;::,.-. | ":."., | 28,963.-; | 6,388:;:=". | ',;::; | 35,350'-',. ';,';,;-' |
32,008-, ;.:, | ||||||
| -'.„'""';:Ministry expenses | 6,873.'; . | 340': '. | 1,570 ':—,';„-,-~ | |||||||||
| .,-.'.;::.,Admin/Cln/Ctr Mgr Pay+ PAYE Tax,',:: ,j;'.'.Youth Worker ,,",.Church running costs |
5 | ' ':: ';::.' |
1?,058'';: 0::;;.: 22,183 ".. |
2,857' 0' |
19,915 -:. . „".;=:. *,": 0;,, '-",.'i;:.;; 22,183,:,;,-" |
12,122:-,"-.":" 0::,',"; 20,579 i t,' |
||||||
| Programme activity costs ',;:,:-'Supportof outsidecauses, -,-';;::,""',Maintenance ofchurch buildings;". '-:,', ,:,';-::Maintenance of Manse ;;";„".;MAX Exp/Church Improvements, |
'l :." -",':: |
6 .-''-: 7 ',."'. 8 '.: 9,::! -'~-. |
965 ':r 4,232'-.' 10,411"." 2,094 416 ''- |
7,313;='';:: | 965 '-''-' -" 4,232; ",-;-';;= 10,411 '!S':;::;::.;- 2,094',"';:-.,';I;:;. 7,729,'.„-'-:;:::„'";". -'. |
3,319,":.'::»: 11,?14::.;,"., "-;;: 20,366;:, 3,115--;':,'." 2,360, ';.",'., |
||||||
| =.-:"Balance | hn:, | 35 ".*';:-':-'. | ||||||||||
| Total payments;, | ;:=;;-';-'.;. '-''":=".'"„-",;, ':",', |
93,195 | 9,584:,": | ~ 7,313 |
110,093 | 107,188 '.':-";i; | ||||||
| i h |
e t |
|||||||||||
| ;:.". -' NET RECEIPTS / (PAYMENTS) ''.'.'. ,: if","", TRANSFERS between fund s,",;: 2 ';..,:; i:;.CASH FUNDS b/fwd 1 April 22 '-.".,'., "',:,'::,'-'.::-'„"=: |
-32,346 30,000',!-',. 8,204:-,'"- |
33,101 ': -30,000 -,,::;: 69,119::-."; |
1,086 0 ':,. 8,160=;.:; |
1,840 0.'":,;.'„,"".:" 119,613::„';:-'e.;, |
34,130 .,pi,:» 85,483';;;; 0 |
|||||||
| ::",;;-;.ICASH FUNDS c/fwd 31 March 23 | .:;:;."-:;."i, '-..-:.""":"„-': |
1p,357 ".;: |
68,424 '.: |
28,148 | '„106,929,!.'.! | 119,613;;.;":'-' | ||||||
| ,".'STATEMENT OF ASSETSAND LIABILITIES | ||||||||||||
| .„;,„::Monetary assets | ||||||||||||
| ;".~;:Cash | I | p | 0!.';-' | 0:=':::;-: | 0 ';=,':""' | 0.:::;. | ||||||
| -",-'; Bank current account | 10,029 .' | 20,424, t.- | 27,639 | „:;;; | 58,Q92;-".;;; | 70,781».,"-' | ||||||
| ,',:,, Deposit accounts | 328 'i:,'; | 48,000:.': | 509',':;; | 48,837 ";".;,'-. | 48,832 e::, | |||||||
| tr | ||||||||||||
| Total monetary assets:..',. | 10 | =;, -' |
10,357,';,:, | 68,424:.-,' | 28,148 | .',- | 106,929:;:-::„';. „-"::,', |
119,613;-:;"" | ||||
| :="."-:,Buildings under statutory trusts, ".-:Churchcontents;:-. |
, -',;:, "",. |
11,",:'::;Church buildings 11,:::.Furnishings and |
and manse equipment |
|||||||||
| -,-'::"'Significant creditors | ||||||||||||
| ';:;-':-':APPROVED by the Trustees on | 5 t | L, | l0 | P-9 and |
signed on their | behalf | ||||||
| (»Qt(»'i Hw% L(:)rtl t S | (neme)(etgneture) | |||||||||||
| The notes | on | pages 2 | and 3form part ofthis financial | statement |
| ;-;;,:,',IAdeyfield Free Church, Kernel Hempstead |
;-;;,:,',IAdeyfield Free Church, Kernel Hempstead |
URC | '",; "::;:, '-, -';:,:'::" ";:;-';-';:;::,;:.:"::", ::,,.'-';,:".:!,'.. |
'",; "::;:, '-, -';:,:'::" ";:;-';-';:;::,;:.:"::", ::,,.'-';,:".:!,'.. |
'",; "::;:, '-, -';:,:'::" ";:;-';-';:;::,;:.:"::", ::,,.'-';,:".:!,'.. |
'",; "::;:, '-, -';:,:'::" ";:;-';-';:;::,;:.:"::", ::,,.'-';,:".:!,'.. |
Page 3 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ';=~" FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023 | ||||||||||||
| ,",'',",,i! | ||||||||||||
| 1' | ||||||||||||
| Youth &Children's activities Worship and Teaching Social Ministry & Church Events |
„;.i'.„'- ':,.".;,,! | 299,;;.:;-;, '; 442: 224. -':-." 226:;-. ' |
0:,.';; 0;:, 0;.::,'i |
299 '=:;;;-;-:;-.;: 442;:-;.::-;"„:": 451 -'~";'-,"'-'",- |
797,"- 750:".;;. 1,094,',',. |
|||||||
| ~$,-',:;:, | Beavers and Cubs | 0,::;.., | 2,645," | l, ' | 2,645 '.:;.';,".;:.:;. :=' |
678:.';,-' | ||||||
| Total programme activity costs |
':::,,:,';;:;,-:; | 965; | 2,8?1:-. | 0:. ;-' |
3,836:",,:;-::i:; | 3,319:.':, | ||||||
| DENS Discovery |
200»' 542':-'' |
90 -;,;:,;:. 596''-: |
0 ",'-:-:, 0-''-'' |
290::. ',:.:.: 1138-'::'-'::: |
339.,': 1 799 |
|||||||
| Expressions | 340 '. | 0:". ',:; |
340 -.':.:,::.'": | 0.1 '. | ||||||||
| Christians Against Poverty |
450!. | 1,350 | 0 ';.' | 1,800 "-';;;:.;.': | 1,945-'.""., ',,"; |
|||||||
| Youth Across Hemel | P ..' | Q':-j | 0 '::- | 0"":;:'-';:-: | 700;~-:.': | |||||||
| .':I.'; | Evangelical Alliance Hardship |
0' | 0 0 „ |
0 ';::. 0 |
80:":;::-:, :;-: 0.-'„-':.; |
80 -';. pi |
||||||
| Good News for All | 80 '„-",, | 0 | 0 ii | 80;;.;-.-';:-, | 80:: | |||||||
| Tearfund | 200 "-:; | 0 ':;:: | 0 '-"„: | 200F.::;..;;-".' | 200 ",. "' | |||||||
| Through the Roof | 0::; | 0 "-',.- | 150;;;„"-"'-&4:" | 300;;;: | ||||||||
| Coffeemates Churches Together |
150,"- 0„, |
0-;, 0;", |
0 '.;„' 0: |
150 '-.".;.'::,':;.' 0 ';,,':;,":; |
150'.,",'",', 50.';'' |
|||||||
| Samaritan's Purse Community Action |
* ~ |
0 =;. p |
0;:.: 0': |
0",i!', O.f |
0:'-::;;; | 170 .i, | ||||||
| Janet Fawcett Daniel Gitau Joel &Claire Harri Paul 8 Rose Harvey Expressions Ladiesday:-'„:;;. :.,:.'.-"'';-',:. Total support ofnamed causes j';, !','.- =".': |
0',;, 800 'j 800,' ':; 100 '-';;:"-: 0::. =:.„, 4,232 I' |
Qi 0;-'; 1,050 .'.; 1,425 ';.". , :-':; 4,511: |
0,', ', 0'-': i 0;! 0 "',: 0,';- 0: 0 '-'.-' |
0:;::;. ;-'';;;:-„' 800 j-',,'. ,' 1,850:;;,",„'!','..':.": 1,525 „-'..:-",~-"": 340;,' .-'~:.',. "» 0;::;:.:j, ' 8,743;f::,:;~- |
380 "'.:. 955 qi„", 2,993='„;; 1,574 ",; 0';.,' Q,,;; 11,?14.'„'; |
|||||||
| Service Charge Health and Safety General Maintenance +Contracts Cleaning::, Total maintenance ofchurch buildings Council Tax, Water rates, Gas and Electricity Manse maintenance &Expenses Manse insurance |
';,':,':;:'::. .".:::, .",;:.",;-",',:-,'"„-,'; |
1,193 ! 1,650; 7,261 "" 307::-";, 10,411 -' 910-'.: 1,184 '=': |
3,522,-';:::;. 4,715,:.":,j,:,,:;- 1,650 ."";;:,',:i 583'::.:; 7,844:::-';::,:.,:;.; 22;-;;—: ';:,:; 329';,'.;::"-; 3,544. ', 583 ':: 14,538 ';;--;;--,' 0';-' 910:,";-,'l;: 0, ;, 1,184 l:-','-;;-'.i 0".' |
3,741 .'-'„. 2,393 '. 11,749::.',-' 2,483:.';"„:; 20,366 ' 1,538'::.'~, 951 '-;.': |
||||||||
| Total maintenance ofmanse |
',-'.:,".:. :::.",: |
2,094 '; |
0:„-" | 0 .-' | 2,094:::, ';„.":,':,'";.' |
3,115 | ||||||
| The church monies are not held in segregated |
accounts, | but for the sake | ofthis financial | statement | the total | |||||||
| ofeach account is allocated appropriately |
over | the various funds. | ||||||||||
| The manse at 78 Poynders Hill was sold |
by the | trust | in August 2022. The | proceeds of this | sale are | lodged with |
URC | |||||
| Thames North Synod Trust. |
||||||||||||
| The church building at Maylands Avenue |
was handed | over to the church | on 20 December |
2019.The building | is | |||||||
| vested in URC Thames North Synod Trust as trustees |
and is | not a church | asset. The building is held on a 999year |
|||||||||
| lease from Hightown Housing Association. The |
Shell | and | Core of the building is insured |
by | the landlord. Tenant' s |
|||||||
| improvements to the building is valued for insurance |
purposes | at F3,908,428 and is insured | by the | church. The | church | |||||||
| contents are insured, by the church, forf115,452. |
| Represented | by: | 31 | Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | |||
|---|---|---|---|---|---|---|---|---|
| Cash at Bank | ||||||||
| Lloyds TSBCurrent | ff1 | 2,722.69 | 457.00 | 3,561.69 | ||||
| Alliance 8 Leicester | 33,762.56 | 36,300.00 | 67,219.52 | |||||
| Deposit accounts —BM | 48,726.29 | 48,726,00 | 48,832.48 | |||||
| URC | 0.00 | 0.00 | 0.00 | |||||
| Cash at Bank | 85.211.54 | 85,483.00 | 119,619.69 | |||||
| Reserves Movement | 31 | Mar 2020 | Surplus 21 | 31 Mar 2021 | Surplus 22 | 31 Mar 2022 | ||
| Current | 30,409.59 | -22205.59 | 8,204.00 | -1876.03 | 6,327.97 | |||
| Building Fund |
6,276.38 | 1883.62 | 8,160.00 | 19195.44 | 27,355.44 | |||
| Named Fund |
419.95 | 357.29 | 777.24 | 4767.58 | 5,544.82 | |||
| Youth Fund | 48,105.62 | 0.00 | 48,105.62 | 48,105.62 | ||||
| AFCC Income | 20,236.00 | 32,279.84 | ||||||
| Total | 85,211,54 | 85,482.86 | 119,613.69 | |||||
| Restricted Funds:- | ||||||||
| Building fund | ||||||||
| Income | 18,042.00 | 23341.00 | ||||||
| Transfer In |
0.00 | 0.00 | ||||||
| Expenditure | 19,599.00 | 4146.00 | ||||||
| -1,557.00 | 27487.00 | |||||||
| Desi nated Funds:- | ||||||||
| Youth Fund | ||||||||
| income | 0.00 | 0.00 | ||||||
| Expenditure | 0.00 | 0.00 | ||||||
| 0.00 | 0.00 | |||||||
| AFCC Income | Fund | |||||||
| Income | 20,286.12 | 29,593.?5 | ||||||
| Transfer Out | -4,900.00 | |||||||
| Expenditure | -649.75 | -12,631.28 | ||||||
| 20,935.87 | 47,125.03 |