2023-03-31-accounts - Kingston United Reformed Church Charity

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			Page
Report ofthe Trustees		I	to	4
Independent Examiaer's Report
Statement ofFinancial Activities
Balaace Sheet
Notes to the Financial Statemeats		8	to	13
Detailed Statement ofFinancial	Activities	14	to	I5

				2023	2022
		Unresuicted	Restricted	Total	Total
	Notes	fund f	funds f	fuadsf	funds f
INCOME AND ENDOWMENTS FROM
Donations and legacies		170,138	3,858	173,996	214,133
Other trading activities		106,315		106,315	106,322
Investment income		2,540	871	3,411	911
Total		278,993	4,729	283,722	321,366
EXPENDITURE ON
Charitable activities
Church activites and premises costs		217380		217480	166,111
Ministry and mission		83,993		83,993	83,059
Other costs		15,220		15,220	7,113
Donations		8,623		8,623	8,957
Total		325,216		325,216	265,240
Net gains/(losses) on investments		(444)	(10,011)	(10,455)	(3,321)
NET INCOME/(EXPENDITURE)		(46,667)	(5,282)	(51,949)	52,805
Traasfers between funds		3,365	(3,365)
Net movement in fuads		(43,302)	(8,647)	(51,949)	52,805
RECONCILIATION OF FUNDS
Total funds brought forward		192,915	151,785	344,700	291,895
TOTAL FUNDS CARRIED FORWARD		149,613	143,138	292,751	344,700

				2023	2022
		Unrestricted	Restricted	Total	Total
	Notes	fund f	funds f	fuadsf	funds f
FIXEDASSETS
Tangible assets		63468		63368	64,908
Investments		11,280	58,595	69,875	80,330
		74,648	58,595	133,243	145,238
CURRENT ASSETS
Debtors	8	39,503		39,503	22,410
Cash at bank		101,825	84,543	186368	263,441
		141,328	84,543	225,871	285,851
CREDITORS
Amounts falling due within one year	9	(22,676)		(22,676)	(14,702)
NET CURRENT ASSETS		118,652	84,543	203,195	271,149
TOTAL ASSETSLESSCURRENT	LIABILITIES	193300	143,138	336,438	416,387
PROVISIONS FOR LIABILITIES	10	(43,687)		(43,687)	(71,687)
NET ASSETS		149,613	143,138	292,751	344,700
FUNDS
Unrestricted funds				149,613	192,915
Restricted funds				143,138	151,785
TOTAL FUNDS				292,751	344,700

		Unrestricted	Restricted	Total
		fundf	fundsf	funds f
INCOME AND ENDOWMENTS	FROM
Donations and legacies		146,695	67,438	214,133
Other trading activities		106,322		106,322
Investment income		403	508	911
Total		253,420	67,946	321,366
EXPENDITURE ON
Charitable activities
Church activites and premises costs		166,111		166,111
Ministry and mission		83,059		83.059
Other costs		7.113		7.113
Donations		8,957		8,957
Total		265,240		265.240
Net gains/(losses) on investments		931	(4,252)	(3,321)
NKT INCOME/(EXPENDITURE)		(10,889)	63,694	52,805
Traasfers between funds		61,427	(61,427)
Net movement in funds		50,538	2,267	52,805
RECONCILIATION OF FUNDS
Total funds brought forward		142,377	149,518	291,895
TOTAL FUNDS CARRIED FORWARD		192,915	151,785	344,700

			Fixtures
			and
			fittings
			f
COST
At I April 2022			199,668
Additions			9,376
At 31 March 2023			209,044
DEPRECIATION
At I April 2022			134,760
Charge for year			10,916
At 31 March 2023			145,676
NET BOOK VALUE
At 31 March 2023			63,368
At 31 March 2022			64,908
FIXEDASSET INVESTMENTS
			Cash and
			settlements
			pending f
MARKET VALUE
At I April 2022			80,330
Revaluations			(10,455)
At 31 March 2023			69,875
NET BOOK VALUE
At 31 March 2023			69,875
At 31 March 2022			80,330
There were no investment	assets outside the UK.
Cost or valuation at 31 March 2023 is represented		by:
			Cash and
			settlemeats
			pettdlng
Valuation in 2017			11,446
Valuation in 2018			4,959
Valuation in 2019			517
Valuation in 2020			3,169
Valuation in 2021			(753)
Valuation in 2022			(3320)
Valuation in 2023			(10,455)
Cost			64412
			69,875

DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
	2023	2022
	f	f
Trade debtors	21,750	9,464
Other debtors	17,753	12,946
	39,503	22,410
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2023	2022
		f
Trade creditors	2,582	1,745
Taxation and social security	1,845	1,852
Other creditors	18,249	11,105
	22,676	14,702
PROVISIONS FOR LIABILITIES
	2023	2022
		f.
Provisions	43,687	71,687

					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
						f	f.	f.
Unrestricted	fuads
General fund					278,993	(325,216)	(444)	(46,667)
Restricted funds
Bequest fund					871		(10,011)	(9,140)
Communion fund					3,858			3,858
					4,729		(10,011)	(5,282)
TOTAL FUNDS					283,722	(325,216)	(10,455)	(51,949)
Comparatives	for movement			in funds
						Net	Transfers
						movement	between	At
					At 1.4.21	in funds	funds	31.3.22
						f	f	f.
Uarestricted	funds
General fund					142,377	(10,889)	61,427	192,915
Restricted funds
Bequest fund					128,980	(3.949)		125,031
Communion fund					1,761			1,761
Surbiton Park	fund				10,000			10,000
Youth Development		hmd			259	(303)	44
Pilots fund					6.255			6,255
Bixley Bequest Trust		fund			2,263	508	(2,771)
Music 1'und						65,438	(58,700)	6,738
Live streaming	costs					2,000		2,000
					149,518	63,694	(61,427)	151,785
TOTAL FUNDS					291,895	52.805		344,700
Comparative net movement			in	funds, included	in the above are as follows:
					Incoming	Resources	Gains and	Movement
					resources f.	expended f	losses	in funds f
Unrestricted	funds
General fund					253,420	(265,240)	931	(10,889)
Restricted funds
Bequest fund Youth Development		fund					(3,949) (303)	(3,949) (303)
Bixley Bequest Trust		fund			508			508
Music fund					65,438			65.438
Live streaming	costs				2.000			2,000
					67.946		(4,252)	63,694
TOTAL FUNDS					321,366	(265,240)	(3,321)	52.805

		FORTHE YEAR ENDED	31MARCH 2023
			2023	2022
				f.
INCOME AND ENDOWMENTS
Donatioas and legacies
Gifis			108,951	91,672
Donations			12,417	68,585
Gift aid			25,805	35,683
Grants			26,823	18,193
			173,996	214.133
Other trading activities
Hall lettings			102,412	74,911
Church Clubs (net)			2,984	3,488
Miscellaneous income			919	1,571
Insurance claim				26,352
			106315	106,322
Investment iacome
Deposit account interest			3,411	911
Total incoming resources			283,722	321,366
EXPENDITURE
Charitable activities
Wages			92,352	75,433
Insurance			6490	6,337
URC Southern Synod			74,808	74,824
Ministers costs			2,769	1.987
Manse costs			7,439	5,460
Associate minsters	expenses		158	1,867
Religious workers Service supplies			10,683 3,326	8,815 5,479
Paid stewarding			3,074	2,785
Cleaning			10,759	7,924
Utilities			22,559	20,603
Maintenance and renewals			57,549	24,765
Marketing				299
Church news (net)				(10)
Printing and postage			3,218	2,676
Telephone and broadband			3,224	2,240
Miscellaneous			222
Training			714	30
Subscriptions and publications			1$$	344
Bank charges Depreciation oftangible		fixed assets	1,615 10,916	1,516 $,$48
Grants and giits			8,623	8,957
			320,786	261,179
Support costs
Governaace costs
Accountancy and Cerned forward	legal	fees	2,630 2,630	2,261 2,261

	FORTHE YEAR ENDED 31M	ARCH 2023
		2023	2022
		I	f
Governance costs
Brought forward Independent examiners	fees	2,630 1,800	2,261 1,800
		4,430	4,061
Total resources expended		325,216	265,240
Net (expenditure)/income	before gains and losses	(41,494)	56,126
Realised recognised gains aad losses
Realised gains/(losses) on	fixed asset investments	(10,455)	(3.321)
Net (expenditure)/income		(51,949)	52,805