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|',';;,.'Adeyfield<br>Free Church<br>Hemel Hempstead|',';;,.'Adeyfield<br>Free Church<br>Hemel Hempstead|',';;,.'Adeyfield<br>Free Church<br>Hemel Hempstead|',';;,.'Adeyfield<br>Free Church<br>Hemel Hempstead|',';;,.'Adeyfield<br>Free Church<br>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|'**:**,,".|||:.<br>';-';<br>50,908:.„:;::;:||||.„.::|2,560|'.r|53,468,-:**:**,;:;:':::"'::|62,814,''f::,:'.:.<br>',|
|;;:.,-,",Fund raising and donations||||||2,563,,:.||3,024':".,'.:|5,156::.:||10,742;i-.;.;-".-;;;|19,756 „'-„.<br>-'|
|,"-.,";-"Monies raised for named causes||-",,:I'||3||0'~||6,186'-||||6,451,-. ',|
|:.';„' Gift Aid tax repayments<br>,<br>-';;- Property - church/hall<br>users||.",:,"||4|':;-,:;:|7,370.';;:„-'-<br>0:-,,';||739':;:::'<br>3273?:-".|678;-'||8,786' „';;.;;<br>32,737 "';;-,;:.;-.-;|15,847<br>'.":"<br>29,694;;,''|
|;-':-;:Grants/Legacies<br>Received<br>-.lgRefunds<br>Received<br>.,"-"..;::Bank interest 8 investment<br>income||||||0 '-'<br>0,„,<br>9,:;;||0:,<br>0':;<br>0,';,<br>'|i,<br>5'-,::||0 "".=„,:".<br>Q. .ij„;<br>14,:." -'-'.";|3457':.'g<br>3,531 ":.<br>-".<br>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'-',.<br>';,';,;-'|32,008-, ;.:,|
|-'.„'""';:Ministry expenses||||||6,873.'; .||340': '.||||1,570 ':—,';„-,-~|
|.,-.'.;::.,Admin/Cln/Ctr<br>Mgr Pay+ PAYE Tax,',::<br>,j;'.'.Youth Worker<br>,,",.Church<br>running<br>costs||||5|'<br>'::<br>';::.'|1?,058'';:<br>0::;;.:<br>22,183 "..||2,857'<br>0'|||19,915 -:. .<br>„".;=:.<br>*,":<br>0;,,<br>'-",.'i;:.;;<br>22,183,:,;,-"|12,122:-,"-.":"<br>0::,',";<br>20,579 i t,'|
|Programme<br>activity costs<br>',;:,:-'Supportof outsidecauses, <br>-,-';;::,""',Maintenance<br>ofchurch buildings;". <br>'-:,',<br>,:,';-::Maintenance<br>of Manse<br>;;";„".;MAX Exp/Church<br>Improvements,||'l<br> :." <br>-",'::||6 .-''-:<br>7<br>',."'.<br> 8<br>'.:<br>9,::!<br>-'~-.||965 ':r<br>4,232'-.'<br>10,411"."<br>2,094<br>416<br>''-|||7,313;='';::||965 '-''-' -"<br>4,232; ",-;-';;=<br>10,411 '!S':;::;::.;-<br>2,094',"';:-.,';I;:;.<br>7,729,'.„-'-:;:::„'";".<br>-'.|3,319,":.'::»:<br>11,?14::.;,".,<br>"-;;:<br>20,366;:,<br>3,115--;':,'."<br>2,360, ';.",'.,|
|=.-:"Balance||||||||||hn:,||35 ".*';:-':-'.|
|Total payments;,||;:=;;-';-'.;.<br>'-''":=".'"„-",;,<br>':",',||||93,195||9,584:,":|~<br>7,313||110,093|107,188 '.':-";i;|
|||||||||i<br>h|e<br>t||||
|;:.".<br>-' NET RECEIPTS / (PAYMENTS)<br>''.'.'. ,: if","",<br>TRANSFERS between<br>fund<br>s,",;:<br>2<br>';..,:;<br>i:;.CASH FUNDS b/fwd<br>1 April 22<br>'-.".,'.,<br>"',:,'::,'-'.::-'„"=:||||||-32,346<br>30,000',!-',.<br>8,204:-,'"-||33,101<br>':<br>-30,000 -,,::;:<br>69,119::-.";|1,086<br>0<br>':,.<br>8,160=;.:;||1,840<br>0.'":,;.'„,"".:"<br> 119,613::„';:-'e.;,|34,130 .,pi,:»<br>85,483';;;;<br>0|
|::",;;-;**.**ICASH FUNDS c/fwd 31 March 23||.:;:;."-:;."i,<br>'-..-:.""":"„-':||||1p,357<br>".;:||68,424<br>'.:|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|=;,<br>-'|10,357,';,:,||68,424:.-,'|28,148|.',-|106,929:;:-::„';.<br>„-"::,',|119,613;-:;""|
|:="."-:,Buildings<br>under statutory trusts,<br>".-:Churchcontents;:-.||,<br>-',;:, <br>"",.|<br>|11,",:'::;Church<br>buildings<br> 11,:::.Furnishings<br>and||||and manse<br> equipment|||||
|-,-'::"'Significant creditors|||||||||||||
|';:;-':-':APPROVED by the Trustees on|5 t||L,|l0|P-9<br>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<br>Free Church,<br>Kernel Hempstead|;-;;,:,',IAdeyfield<br>Free Church,<br>Kernel Hempstead|URC||||||'",; "::;:,<br>'-, -';:,:'::" ";:;-';-';:;:**:**,;:.:"::",<br>::,,.'-';,:".:!,'..|'",; "::;:,<br>'-, -';:,:'::" ";:;-';-';:;:**:**,;:.:"::",<br>::,,.'-';,:".:!,'..|'",; "::;:,<br>'-, -';:,:'::" ";:;-';-';:;:**:**,;:.:"::",<br>::,,.'-';,:".:!,'..|'",; "::;:,<br>'-, -';:,:'::" ";:;-';-';:;:**:**,;:.:"::",<br>::,,.'-';,:".:!,'..|Page 3|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|';=~" FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023|||||||||||||
|,",'',",,i!|||||||||||||
||||||||||||1'||
||Youth &Children's<br>activities<br>Worship and Teaching<br>Social Ministry<br>& Church Events|||„;.i'.„'- ':,.".;,,!|||299,;;.:;-;,<br>';<br>442:<br>224.<br>-':-."<br>226:;-.<br>'|||0:,.';;<br>0;:,<br>0;.::,'i|299 '=:;;;-;-:;-.;:<br>442;:-;.::-;"„:":<br>451 -'~";'-,"'-'",-|797,"-<br>750:".;;.<br>1,094,',',.|
|~$,-',:;:,|Beavers and Cubs||||||0,::;..,|2,645,"||l, '|2,645 '.:;.';,".;:.:;.<br>:='|678:.';,-'|
||Total programme<br>activity costs|||':::,,:,';;:;,-:;|||965;|2,8?1:-.||0:.<br>;-'|3,836:",,:;-::i:;|3,319:.':,|
||DENS<br>Discovery||||||200»'<br>542':-''|90 -;,;:,;:.<br>596''-:||0 ",'-:-:,<br>0-''-''|290::.<br>',:.:.:<br>1138-'::'-':::|339.,':<br>1 799|
||Expressions||||||340 '.|||0:".<br>',:;|340 -.':.:,::.'":|0.1 '.|
||Christians<br>Against<br>Poverty||||||450!.|1,350||0 ';.'|1,800 "-';;;:.;.':|1,945-'."".,<br>',,";|
||Youth Across Hemel||||||P ..'|Q':-j||0 '::-|0"":;:'-';:-:|700;~-:.':|
|.':I.';|Evangelical<br>Alliance<br>Hardship||||||0'|0<br>0 „||0 ';::.<br>0|80:":;::-:,<br>:;-:<br>0.-'„-':.;|80 -';.<br>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<br>Churches<br>Together||||||150,"-<br>0„,|0-;,<br>0;",||0 '.;„'<br>0:|150<br>'-.".;.'::,':;.'<br>0 ';,,':;,":;|150'.,",'",',<br>50.';''|
||Samaritan's<br>Purse<br>Community<br>Action||||*<br>~||0 =;.<br>p|0;:.:<br>0':||0",i!',<br>O.f|0:'-::;;;|170 .i,|
||Janet Fawcett<br>Daniel Gitau<br>Joel &Claire Harri<br>Paul 8 Rose Harvey<br>Expressions<br>Ladiesday:-'„:;;.<br>:.,:.'.-"'';-',:.<br>Total support ofnamed causes<br>j';, !','.- =".':|||||0',;,<br>800 'j<br>800,' ':;<br>100 '-';;:"-:<br>0::.<br>=:.„,<br>4,232 I'||Qi<br>0;-';<br>1,050 .'.;<br>1,425 ';.".<br>,<br>:-':;<br>4,511:||0,', ',<br>0'-': i<br>0;!<br>0 "',:<br>0,';-<br>0:<br>0<br>'-'.-'|0:;::;.<br>;-'';;;:-„'<br>800 j-',,'. ,'<br>1,850:;;,",„'!','..':.":<br>1,525 „-'..:-",~-"":<br>340;,' .-'~:.',.<br>"»<br>0;::;:.:j,<br>'<br>8,743;f::,:;~-|380 "'.:.<br>955 qi„",<br>2,993='„;;<br>1,574<br>",;<br>0';.,'<br>Q,,;;<br>11,?14.'„';|
||Service Charge<br>Health and Safety<br>General Maintenance<br>+Contracts<br>Cleaning::,<br>Total maintenance<br>ofchurch buildings<br>Council Tax, Water rates, Gas and Electricity<br>Manse maintenance<br>&Expenses<br>Manse insurance|||';,':,':;:'::.<br>.".:::,<br>.",;:.",;-",',:-,'"„-,';||1,193 !<br>1,650;<br>7,261<br>""<br>307::-";,<br>10,411<br>-'<br>910-'.:<br>1,184 '=':||3,522,-';:::;. 4,715,:.":,j,:,,:;-<br>1,650 ."";;:,',:i<br>583'::.:;<br>7,844:::-';:**:**,:.,:;.;<br>22;-;;—:<br>';:,:;<br>329';,'.;::"-;<br>3,544.<br>',<br>583 '::<br>14,538 ';;--;;--,'<br>0';-'<br>910:,";-,'l;:<br>0, ;,<br>1,184 l:-','-;;-'.i<br>0".'||||3,741 .'-'„.<br>2,393<br>'.<br>11,749::.',-'<br>2,483:.';"„:;<br>20,366 '<br>1,538'::.'~,<br>951 '-;.':|
||Total maintenance<br>ofmanse|||',-'.:,".:.<br>:::.",:||2,094<br>';||0:„-"||0 .-'|2,094:::,<br>';„.":,':,'";.'|3,115|
||The church monies are not held<br>in segregated||accounts,|||but for the sake||ofthis financial|statement||the total||
||ofeach account is allocated<br>appropriately|over||the various funds.|||||||||
||The manse at 78 Poynders<br>Hill was sold|by the||trust|in August 2022. The|||proceeds of this||sale are|lodged<br>with|URC|
||Thames<br>North Synod Trust.||||||||||||
||The church<br>building<br>at Maylands<br>Avenue|was handed|||over to the church|||on 20<br>December||2019.The building||is|
||vested<br>in URC Thames<br>North Synod Trust as trustees||||and is||not a church|asset. The building<br>is held on a 999year|||||
||lease from Hightown<br>Housing Association. The|||Shell|and|Core of the building<br>is insured|||by|the landlord.<br>Tenant' s|||
||improvements<br>to the building<br>is valued for insurance||||purposes||at F3,908,428 and is insured|||by the|church. The|church|
||contents are insured,<br>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<br>Fund||||6,276.38|1883.62|8,160.00|19195.44|27,355.44|
|Named<br>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<br>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||