**REGISTERED CHARITY NUMBER: 1131880**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **FOR**
## **KINGSTON UNITED REFORMED CHURCH**
Collards Chartered Accountants 5-9 Eden Street Kingston-upon-Thames Surrey KT1 1BQ
**KINGSTON UNITED REFORMED CHURCH**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|5|
|**Independent Examiner's Report**||6||
|**Statement of Financial Activities**||7||
|**Balance Sheet**||8||
|**Notes to the Financial Statements**|9|to|14|
|**Detailed Statement of Financial Activities**|15|to|16|
## **KINGSTON UNITED REFORMED CHURCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **HISTORY OF THE CHURCH**
Kingston United Reformed Church dates its foundation to 1662, when Richard Mayo, the Vicar of All Saints Kingston, was evicted because he refused to sign the Act of Uniformity, and began to preach to a group of dissenters in Kingston.
This report reflects what the life of the church within this context of a long history of dedication of service to God and offers a flavour of possible future service to the changing community of Kingston Town.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
“Our mission is to be a welcoming, caring, worshipping Christian community serving all.”
KURC works within the context of Kingston Churches Together, the Local Ecumenical partnership and the support structures of the United Reformed Church.
Page 1
## **KINGSTON UNITED REFORMED CHURCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **ACHIEVEMENT AND PERFORMANCE**
This year our membership has remained stable, but increasingly we have new people attend the church. Generally new members replace those who move or have died. KURC does not set targets for membership. It has a considerable number of friends and associates who offer their time and support to the church's mission to serve. It is often those outside the church membership who remind us that we are a vibrant group of Christian people. The level of voluntary work carried out by members in providing pastoral care or work in the local community continues to be outstanding. Our church members contribute to the work of the church towards achieving its mission in a variety of ways. This is acknowledged at the Church AGM each September.
A fundamental part of the mission to serve God is the care we give to each other. We have a pastoral structure that supports this, which is regularly reviewed to ensure that people are cared for and included. The format of the support has changed as regular care if shared out more widely.
We have a strong hybrid presence. There are in person and online opportunities for worship, meetings, bible studies, socials and daily prayer meetings. We continue to use communication channels such as Church News, Facebook, Instagram, WhatsApp and the Church website (www.kingstonurc.org). For those who are not connected to the internet weekly mailings of material were provided. Our new church website was launched this year.
KURC endeavours to support the integrity of creation. We are committed to the principles of Fair Trade. On a day-to-day basis we recycle products. We have a book stall of donated books and through the sale of these raise funds. We continue to be active members of the ECO church scheme and currently have silver status.
## **KURC Worship 2024-25**
The Sunday morning service in the sanctuary (1000/1030) was also available on Zoom and YouTube. The 11:30 interactive worship and the 5pm reflective worship took place in the building. Most of the congregation attend in person and some attend online, due to health or restricted mobility or being in a different country or different part of Britain.
Great effort is made in sustaining our commitment in making the first morning service each week accessible to the Koreans who are part of our church with the bible readings and sermon displayed in English, Korean and Chinese. There is a strong team of people that work through the week to make this happen. We have people attending our services from other parts of the world too and make a big effort to include them, encouraging people to join in prayers in whatever language they feel most comfortable. Our building has had an accessibility audit, and recommended changes have been made from the report. We have learnt the Grace in sign language and take care to present material on our screen in an accessible way. We also have large print hymn books.
Activities run by our Youth, Children and Families worker continue. There are activities during the week as well as on Sundays. The team aims to develop whole family activities, making them accessible to all. The team have been open to changing activities to include more people. During the school holidays Generation Zone sessions with an emphasis on including people of all ages.
Our advent and lent 24-hour prayer days continue to be a regular feature with a variety of contributors. Our daily prayer meetings on Zoom continues, and is now available on Saturdays, This means that there are prayerful opportunities every day of the week.
## Support for the local community
The Community Lunches participation has grown this year for volunteers and participants. There is a "Pay as you Can" two course hot meal at lunchtime on a Monday. This is run with support from the local Good Food Group and is valued by those who use it. Several volunteers have completed entry level certificated food hygiene courses.
Supported by a grant from Kingston Voluntary Service, two Healthy Eating courses have been run. This is aimed at people learning to cater for themselves in a healthy way and is particularly suitable for those with Type2 Diabetes or pre-diabetes.
Our newest minister for the community has started several low-key activities in our foyer, where we have a café serving refreshments at reasonable prices. These include a twice a month knitting and crochet group. 10 blankets have been made and are in the sanctuary for people to use during the cold season. There are a selection of games and craft activities available. Our community minister has been able to develop sustained relationships with the foyer regular attenders. For some this includes contact outside of foyer time. A few regulars have died this year, and it has been good to support the friends who have lost a dear friend.
Our child, youth and family worker has been working with All Saints Church (in the centre of the town) on shared events and activities. She also has links with some local schools.
Page 2
**KINGSTON UNITED REFORMED CHURCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## KURC's support for the other agencies
Our support of the agencies who use our buildings is well received and new organisations also started using the building.
The Kingston Street Pastors continue to use our church as a base for their nighttime work. The Child Contact Centre meets in the church every other Sunday afternoon.
## Support for the wider community
KURC gave grants to Kingston Action on Homelessness, Street Pastors and Oxygen. Special collections were taken for charitable causes: Commitment for Life, Christian Aid, Homelessness, Cystic Fibrosis, Link of Hope and others.
## Our relationship with United Reformed Church
KURC needs and receives the support from the administrative team of the wider URC. We have a member who serves on the Southern Synod Trust. We have links with their property support. Our ministers and some elders also support the wider church through their contributions to committees and additional roles outside of this church. Our church benefits from the URC human resources support and our centre manager has been attending monthly training sessions.
## Future aims
Kingston United Reformed Church will continue to develop the wide range of worship and community activities within our mission to be a welcoming, caring, worshipping Christian community serving all. The environment around the church continues to change, with new apartments and businesses slowly changing the landscape. Once the project that is mostly in the front of the church is complete, attention to the restructuring of the town centre will move to the buildings that abut the church. There is no definite timeline for the work to be completed. This has been and will continue to be disruptive at times. We take care to keep up relationships with the appropriate agents of change, but progress is slow, and ownership can sometimes change.
In the meantime, we are working towards upgrading the building. Seeking financial support from Southern Synod and grants for a new roof, new windows and energy efficient services. This also brings disruption that can have an impact on our financial position. Each step is approached with diligence.
We see Kingston United Reformed Church continuing to be active within the town centre community in offering a place of worship, sanctuary and support.
## **FINANCIAL REVIEW**
## **Financial position**
The charity had income of £332,971 from charitable activities in the year (2024 - £325,973) and incurred expenditure of £351,842 (2024 - £312,892) leaving a deficit of £18,871 (2024 - surplus of £13,081) before unrealised investment gains.
The charity made an unrealised investment loss this year of £1,787 (2024 - gain of £1,432), which is shown on the Statement of Financial Activities. This increased the disclosed deficit for the year to £20,658 (2024 - surplus £14,513).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Page 3
## **KINGSTON UNITED REFORMED CHURCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Organisational structure**
The Kingston United Reformed Church Charity of Kingston upon Thames, Surrey, otherwise referred to as KURC, is an unincorporated body registered with the Charity Commissioners No. 1131880. The Church is part of the United Reformed Church (URC) set up by the United Reformed Church Acts 1972, 1981 and 2000. Its main functions include the welfare of the URC in Kingston upon Thames and the wellbeing of the community in which the Church is based. The governing body of KURC is the elders, who meet monthly throughout the year. The elders agree on the broad strategy and areas of activity for KURC, consulting members on key issues at bi-monthly meetings of the membership. Each year there are elections for new elders and an awayday is held one day in the summer months.
The principal officer of KURC is the Church Secretary. The Minister chairs the meetings of the elders and day to day administration is delegated to individual elders and other members. In addition, KURC employs staff to assist the Minister in running the church's pastoral, spiritual and youth and community work and to manage its buildings and commercial and charitable lettings.
## **Our Ministers**
Rev'd Lesley Charlton Rev'd Dr Suk In Lee - His ministry is shared between KURC and the wider URC Rev'd Carol Clack - Community minister from November 2024
Our ministers are committed to care for the church community and to nurture faith in all that they meet within the church and beyond. They attend many multi-agency meetings as representatives of KURC. Much of their work is subject to the confidentiality of personal relationships and is thus not widely known. To support our ministers there are three teams of people who meet three or four times a year to review their performance and encourage them to take good care of themselves. Two ministers live in Manses. It is the responsibility of KURC to maintain the manse for Rev'd Lesley Charlton. Southern Synod maintains the manse for Rev'd Sukin Lee. Work has been done to ensure that their homes are of an acceptable standard. The manse of Rev'd Dr Suk In Lee was subject to extensive water damage in January 2024. The building was subject to further flooding, which has delayed the completion date. Renovation work had yet to be completed by the end of this financial year.
We have a Missionary from Korea working with us part-time. She works with KURC, but also the United Reformed Church and New Malden URC. KURC give a contribution towards her phone bill. Her time with our church is mostly spent improving our support for Korean women and children.
We have a religious worker whose duties include the development of KURC ministry primarily through music for all its members. This is subject to a student visa, as she is studying for a master's degree. The visa will finish in January 2025.
The induction and training of elders is overseen by the Church Secretary and the Minister. Annual 'away days' on specific topics are arranged. The current year's away day took place in July 2024.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
All serving elders, staff and where appropriate, volunteers are subject to DBS checks.
With the support of the Management Group the elders of KURC consider the major financial risks to which the Church is exposed and incorporate provisions in the annual budget to address the financial risks. Whenever possible we seek financial support through grants. In order to keep a reasonable balance in the accounts across the years, elders have accepted the need for particular fund-raising events every other year. The elders use a risk-register and this ensures that wider risks are also reviewed annually. To ensure that the church remains a safe and nurturing environment and display our commitment to safeguarding all the elders and church members annually review our safeguarding policy. One elder has responsibility as safeguarding officers for children and vulnerable adults. KURC has a strong commitment to sharing God's love with all. Its staff and members endeavour to communicate with kindness and sincerity to all who enter the building. Generally, members of the public behave with respect towards our staff and volunteers. When incidents of risk arise, they are taken seriously and recorded, shared as appropriate and stored safely. Anyone who has been affected is supported with prayer and conversation including an opportunity for debriefing. The Church works with the Town Security Company and the local police.
Page 4
**KINGSTON UNITED REFORMED CHURCH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Upgrading the building**
The building has been in need of some restoration work and a plan to improve the state of the building has started. Although the charity does not own the building it has a duty of care. Using the support of building experts and in close collaboration with the Southern Synod a major work plan was produced. The potential overall cost will be approximately £600,000. The team working on this project have applied for grants from Southern Synod, the owners of the property to support these prohibitive costs.
By the end of March, the finance for the cost of replacing windows and repairing and replacing some of the roof was secured. This was a combination of grants and the use of some of the church reserves. The work is due to be completed by the autumn of 2025.
For the next important phase of replacing the 1970's heating system the church has set up a fund-raising group that will be applying to charities for grants as well as requesting financial support from the Southern Synod.
The church endeavours to use materials that support a reduction on carbon footprint by making efficient use of the energy and services.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1131880
## **Principal address**
Eden Street Kingston upon Thames Surrey KT1 1HZ
## **Trustees**
M Anlezark Rev L Charlton Rev C Clack M Erskine J Goddard A Grillo V James S Kim B Robinson C Seymour S Shaw C Thompson
## **Independent Examiner**
Andrew Harker Collards Chartered Accountants 5-9 Eden Street Kingston-upon-Thames Surrey KT1 1BQ
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
..............................................................................
C Seymour - Trustee
Page 5
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KINGSTON UNITED REFORMED CHURCH**
## **Independent examiner's report to the trustees of Kingston United Reformed Church**
I report to the charity trustees on my examination of the accounts of Kingston United Reformed Church (the Trust) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Andrew Harker
Collards Chartered Accountants 5-9 Eden Street Kingston-upon-Thames Surrey KT1 1BQ
Date: .............................................
Page 6
## **KINGSTON UNITED REFORMED CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**223,068**
Other trading activities
2
**102,321**
Investment income
3
**7,582**
**Total**
**332,971**
**EXPENDITURE ON**
**Charitable activities**
Church activites and premises costs
**236,768**
Ministry and mission
**94,483**
Other costs
**11,237**
Donations
**7,226**
**Total**
**349,714**
Net gains/(losses) on investments
**(573)**
**NET INCOME/(EXPENDITURE)**
**(17,316)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**130,057**
**TOTAL FUNDS CARRIED FORWARD**
**112,741**|Restricted
funds
£
**-**
**-**
**-**
**-**
**2,128**
**-**
**-**
**-**
**2,128**
**(1,214)**
**(3,342)**
**177,207**
**173,865**|**2025**
**Total**
**funds**
**£**
**223,068**
**102,321**
**7,582**
**332,971**
**238,896**
**94,483**
**11,237**
**7,226**
**351,842**
**(1,787)**
**(20,658)**
**307,264**
**286,606**|2024
Total
funds
£
211,287
105,976
8,710
325,973
203,308
89,269
14,129
6,186
312,892
1,432
14,513
292,751
307,264|
|---|---|---|---|
The notes form part of these financial statements
Page 7
## **KINGSTON UNITED REFORMED CHURCH**
## **BALANCE SHEET 31 MARCH 2025**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
6
**75,404**
Investments
7
**11,727**
**87,131**
**CURRENT ASSETS**
Debtors
8
**23,235**
Cash at bank
**66,766**
**90,001**
**CREDITORS**
Amounts falling due within one year
9
**(20,704)**
**NET CURRENT ASSETS**
**69,297**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**156,428**
**PROVISIONS FOR LIABILITIES**
10
**(43,687)**
**NET ASSETS**
**112,741**
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**-**
**57,792**
**57,792**
**-**
**116,073**
**116,073**
**-**
**116,073**
**173,865**
**-**
**173,865**|**2025**
**Total**
**funds**
**£**
**75,404**
**69,519**
**144,923**
**23,235**
**182,839**
**206,074**
**(20,704)**
**185,370**
**330,293**
**(43,687)**
**286,606**
**112,741**
**173,865**
**286,606**|2024
Total
funds
£
83,844
71,307
155,151
49,502
171,809
221,311
(25,511)
195,800
350,951
(43,687)
307,264
130,057
177,207
307,264|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
C Seymour - Trustee
The notes form part of these financial statements
Page 8
**KINGSTON UNITED REFORMED CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
## **Change in depreciation calculation**
During the year the depreciation rate changed from 20% to 10% for specific assets with the remainder still charged at 20%. The Trustees felt that the new rate reflected a more accurate useful life to these specific assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10 - 20% on cost
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Provision for liabilities**
The provision is reviewed annually by the Trustees and is created as a reserve against major costs that may arise in preserving, improving or replacing larger items of fabric or equipment in the Church.
## **2. OTHER TRADING ACTIVITIES**
|Hall lettings
Church Clubs (net)
Miscellaneous income|**2025**
**£**
**93,761**
**4,607**
**3,953**
**102,321**|2024
£
104,093
1,262
621
105,976|
|---|---|---|
continued...
Page 9
**KINGSTON UNITED REFORMED CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **3. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||**2025**|2024|
||**£**|£|
|Deposit account interest|**7,582**|8,710|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
No trustee received any remuneration or other benefits for the years ended March 2025 and March 2024.
## **Trustees' expenses**
One or more of the trustees has claimed expenses or had their expenses met by the charity.
The total amount of expenses reimbursed to trustees amounted to £707 (2024 - £1,174) these expenses related to travel and church supplies.
The number of trustees reimbursed for expenses in the year amounted 4 (2024 - 4).
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
178,537
Other trading activities
105,976
Investment income
7,122
**Total**
291,635
**EXPENDITURE ON**
**Charitable activities**
Church activites and premises costs
203,308
Ministry and mission
89,269
Other costs
14,129
Donations
6,186
**Total**
312,892
Net gains on investments
1,021
**NET INCOME/(EXPENDITURE)**
(20,236)
**Transfers between funds**
680
**Net movement in funds**
(19,556)
**RECONCILIATION OF FUNDS**
Total funds brought forward
149,613
**TOTAL FUNDS CARRIED FORWARD**
130,057|Restricted
funds
£
32,750
-
1,588
34,338
-
-
-
-
-
411
34,749
(680)
34,069
143,138
177,207|Total
funds
£
211,287
105,976
8,710
325,973
203,308
89,269
14,129
6,186
312,892
1,432
14,513
-
14,513
292,751
307,264|
|---|---|---|
continued...
Page 10
**KINGSTON UNITED REFORMED CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **6. TANGIBLE FIXED ASSETS**
|**TANGIBLE FIXED ASSETS**||
|---|---|
||Fixtures|
||and|
||fittings|
||£|
|**COST**||
|At 1 April 2024|**243,106**|
|Additions|**7,444**|
|Disposals|**(1,250)**|
|At 31 March 2025|**249,300**|
|**DEPRECIATION**||
|At 1 April 2024|**159,262**|
|Charge for year|**15,592**|
|Eliminated on disposal|**(958)**|
|At 31 March 2025|**173,896**|
|**NET BOOK VALUE**||
|At 31 March 2025|**75,404**|
|At 31 March 2024|83,844|
|**FIXED ASSET INVESTMENTS**||
|**MARKET VALUE**|Cash and
settlements
pending
£|
|At 1 April 2024|**71,307**|
|Revaluations|**(1,788)**|
|At 31 March 2025|**69,519**|
|**NET BOOK VALUE**||
|At 31 March 2025|**69,519**|
|At 31 March 2024|71,307|
|There were no investment assets outside the UK.||
|Cost or valuation at 31 March 2025 is represented by:||
## **7. FIXED ASSET INVESTMENTS**
|Valuation in|2017|**Cash and**
**settlements**
**pending**
**£**
**11,446**|
|---|---|---|
|Valuation in|2018|**4,959**|
|Valuation in|2019|**517**|
|Valuation in|2020|**3,169**|
|Valuation in|2021|**(753)**|
|Valuation in|2022|**(3,320)**|
|Valuation in|2023|**(10,455)**|
|Valuation in|2024|**1,432**|
|Valuation in|2025|**(1,788)**|
|Cost||**64,312**|
|||**69,519**|
continued...
Page 11
**KINGSTON UNITED REFORMED CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors
Other debtors
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Taxation and social security
Other creditors
**PROVISIONS FOR LIABILITIES**
Provisions|**2025**
**£**
**11,310**
**11,925**
**23,235**
**2025**
**£**
**1,314**
**2,030**
**17,360**
**20,704**
**2025**
**£**
**43,687**|2024
£
21,051
28,451
49,502
2024
£
9,142
1,885
14,484
25,511
2024
£
43,687|
|---|---|---|
## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
## **10. PROVISIONS FOR LIABILITIES**
The provision exists to cover the future costs of substantial repairs and maintenance to the church building.
## **11. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Building works fund
**Restricted funds**
Bequest fund
Communion fund
Surbiton Park fund
Pilots fund
Music fund
**TOTAL FUNDS**|Net
movement
At 1.4.24
in funds
£
£
**90,942**
**361**
**39,115**
**(17,677)**
**130,057**
**(17,316)**
**150,640**
**(1,214)**
**4,784**
**-**
**10,000**
**-**
**6,255**
**-**
**5,528**
**(2,128)**
**177,207**
**(3,342)**
**307,264**
**(20,658)**|Transfers
between
funds
£
**(7,369)**
**7,369**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|At
31.3.25
£
**83,934**
**28,807**
**112,741**
**149,426**
**4,784**
**10,000**
**6,255**
**3,400**
**173,865**
**286,606**|
|---|---|---|---|
continued...
Page 12
## **KINGSTON UNITED REFORMED CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **11. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Building works fund
**Restricted funds**
Bequest fund
Music fund
**TOTAL FUNDS**|Incoming
resources
£
**332,971**
**-**
**332,971**
**-**
**-**
**-**
**332,971**|Resources
expended
£
**(332,037)**
**(17,677)**
**(349,714)**
**-**
**(2,128)**
**(2,128)**
**(351,842)**|Gains and
Movement
losses
in funds
£
£
**(573)**
**361**
**-**
**(17,677)**
**(573)**
**(17,316)**
**(1,214)**
**(1,214)**
**-**
**(2,128)**
**(1,214)**
**(3,342)**
**(1,787)**
**(20,658)**|
|---|---|---|---|
## **Comparatives for movement in funds**
|Net
movement
At 1.4.23
in funds
£
£
**Unrestricted funds**
General fund
149,613
(14,401)
Building works fund
-
(5,835)
149,613
(20,236)
**Restricted funds**
Bequest fund
115,891
34,749
Communion fund
5,464
-
Surbiton Park fund
10,000
-
Pilots fund
6,255
-
Music fund
5,528
-
143,138
34,749
**TOTAL FUNDS**
292,751
14,513
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
291,635
(307,057)
Building works fund
-
(5,835)
291,635
(312,892)
**Restricted funds**
Bequest fund
34,338
-
**TOTAL FUNDS**
325,973
(312,892)|Transfers
between
At
funds
31.3.24
£
£
(44,270)
90,942
44,950
39,115
680
130,057
-
150,640
(680)
4,784
-
10,000
-
6,255
-
5,528
(680)
177,207
-
307,264
Gains and
Movement
losses
in funds
£
£
1,021
(14,401)
-
(5,835)
1,021
(20,236)
411
34,749
1,432
14,513|
|---|---|
## **Restricted Fund**
Most of the funds classified as restricted funds have restrictions imposed on them by the original donors or under the terms of the donor's will where the amounts have been received from a deceased's estate.
continued...
Page 13
## **KINGSTON UNITED REFORMED CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **11. MOVEMENT IN FUNDS - continued**
## **Bequest Fund**
This is the unspent residue of monies bequeathed to the church from deceased person.
All the income from amounts invested is available for general use, except for interest from the Dyke Legacy which is allocated to the Communion Fund.
The capital sum may be applied as the Elders and Church Members see fit, except for securities held in the name of the George Curry Legacy, the terms of which stipulate that the capital sum must be preserved as market conditions permit.
## **Communion Fund**
This may be used for charitable or compassionate payments as the minister sees fit.
## **Surbiton Park Fund**
This continues to be held as a fixed amount as that is the amount loaned by KURC to Synod. The income from the investment is distributed to inter-city churches. Capital may be recalled in an emergency.
## **Pilots Fund**
The funds and subscriptions collected during the year for pilots, a URC activity for young people, are available to spend on activities in the year or in the future.
## **Music Fund**
The Music Fund is the residue of donations made by the Music Section in the purchase of the organ in 2021/22.
## **Unrestricted Funds**
Funds held by CCLA in name of W Plomer.
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2025.
Page 14
**KINGSTON UNITED REFORMED CHURCH**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations
Gift aid
Legacies
Grants
**Other trading activities**
Hall lettings
Church Clubs (net)
Miscellaneous income
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Insurance
URC Southern Synod
Ministers costs
Manse costs
Associate minsters expenses
Religious workers
Service supplies
Paid stewarding
Cleaning
Utilities
Maintenance and renewals
Marketing
Printing and postage
Telephone and broadband
Miscellaneous
Training
Subscriptions and publications
Bank charges
Building projects costs
Professional fees
Depreciation of tangible fixed assets
Grants and gifts|2025
£
**99,979**
**13,353**
**17,516**
**43,000**
**49,220**
**223,068**
**93,761**
**4,607**
**3,953**
**102,321**
**7,582**
**332,971**
**103,698**
**7,410**
**84,513**
**1,997**
**8,000**
**100**
**4,791**
**2,930**
**3,598**
**6,640**
**33,884**
**57,722**
**800**
**2,768**
**4,139**
**97**
**22**
**506**
**543**
**-**
**-**
**15,592**
**7,226**
**346,976**|2024
£
82,886
36,923
22,668
32,750
36,060
211,287
104,093
1,262
621
105,976
8,710
325,973
91,779
6,805
76,891
2,683
5,570
244
9,277
2,300
3,896
7,690
15,245
34,169
-
2,398
4,484
-
62
188
1,500
17,767
6,000
13,586
6,186
308,720|
|---|---|---|
## **Support costs**
## **Other**
Loss on sale of tangible fixed assets
This page does not form part of the statutory financial statements
**292** -
Page 15
## **KINGSTON UNITED REFORMED CHURCH**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31 MARCH 2025**
**Other**
**Governance costs**
Accountancy and legal fees
Independent examiners fees
Total resources expended
**Net (expenditure)/income before gains and losses**
**Realised recognised gains and losses**
Realised gains/(losses) on fixed asset investments
**Net (expenditure)/income**|2025
£
**2,724**
**1,850**
**4,574**
**351,842**
**(18,871)**
**(1,787)**
**(20,658)**|2024
£
2,322
1,850
4,172
312,892
13,081
1,432
14,513|
|---|---|---|
This page does not form part of the statutory financial statements
Page 16