CATERHAM UNITED REFORMED CHURCH
Treasurer's Report 2023
Whilst a pessimistic budget was sel in the autumn of 2022, the financial situation of the church turned
out much better than expected with a surplus of £11,058. This was down lo several reasons..
£5,000 grant from Southern Synod to cover higher gas and electricity costs for 2022 and 2023.
£8,000 additional lellings within the year land in particular the aulumn term period) over and
above 2022 levels and returning lo near pre-pandemic levels
AroLJnd £4,000 less expenditure on the Manse now Ihal the church has tenanls earlier than
predicted and they cover the costs for which the church was previously responsible.
Income
This increased by just under £10,000 this year. There was £8,200 more lettings income thanks lo
rilling in the fewer and fewer gaps in the schedule and increasing charges where we could. 11 was
double the Covid affected 2021 income and near 2019 levels,. though higher prices charged accounts
for some of Ihal so usage is lower. The other goods news is interest rates have risen so we get a
worthwhile amounl on our deposit of reserve funds.
The worrying line, however, is the first one. A big thank you for everyone who has increased their
standing order recently but l encourage all to think if they are able lo give a bit more each year. A
quick guide lo giving 5 /0 more would. for example be one-lenlh of £40 is £4 so a 5 /0 increase would
be £2 and could you increase your monthly gifl to £42?
Expenditure
The total expenditure is £3.500 less this year. The Ministry and Mission contribulion has remained
the same {Ihough reduced by £9.000 in 20241.
For utilities. a better price was achieved for the gas arld ele¢lricily contracts bul costs remain much
higher than before the Ukraine war started. This year's gas figures are artificially improved by receipt
of £5,000 for the autumn of 2022 and winter of 2023 from a one-off Synod grant. Also, the Finance
and Administration Commillee and then Elders reviewed the insurance cover of the church which had
not been done for a few years. Rebuilding costs and other parts coverage now cost more so the
premium has risen bul it is the ElderslTrustees' fiduciary duty to look after its assets properly.
A building of the size of the Church (and ils grounds) costs money to maintain but the cleaning, repairs
and maintenance were constant this year with David and Robert Charlesworth doing sterling work
about the building and Ray Howgego looking after the garden. The lightening conductor was
upgraded to current regulations and this was charged direct to Ihe Building Fund (note 1, page 3}.
Worship costs were higher as we had to pay for more pulpit supply following the Minister's retirement.
There are also costs for maintaining the organ and licenses for the Roots resource Junior Church
uses, the Zoom licence and the CCLI copyright scheme. Other costs are the pholocopier and minor
spend I couldn't classify anywhere else.
Balance Sheel and Reserves
Page 1 shows we have a General Fund of £60,000 and other Funds {or Reserves) of£72,000. That
totals more than one year's expenditure but is low when compared to some of our neighbouring
chLJrches. Since year end, money has been moved to the Deposit account. The "Other Church
Funds" have been designated for specific future uses as the lilles suggest so is ringfenced for those
uses al Church Meeting's discretion. The exception is the Manse Fund where letlings income goes
in and the only spend that can be charged against the Fund is money spent on the Manse itself.
The notes give some details of debtors (money owed to the church), money paid in advance (e.g.
insurance for a year paid in June} and money we owe lo others {e.g. a month's gas or money received
for 2024 bookings bul cash received in 20231. Thank you to David Ling for continuing to
independently examine the accounts and records of the Church and giving a clean report.
7 April 2024
Richard Wallis. Church Treasurer
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CATERHAM UNITED REFORMED CHURCH
BALANCE SHEET AT 31 DECEMBER 2023
2023
2022
2021
Note
CHURCH FUNDS:
General Fund
Balance at 1 January
Surplus l {Deficitl for the year
Insurance receipt (multiple years)
Unrealised gainlloss on Investmenl
49.888
11,058
54,262
-2,326
18.711
1,336
33.000
-675
60,271
49,888
54,262
Other Church Funds
135798
Represented by:
CASH AT BANK
CAF Bank Ltd
Synod Deposit Account
50,271
41,037
53,128
122,459
110,155
121,454
INVESTMENTS
4,500 Shares in Access Intelligence
2,452
3,127
5.175
DEBTORS AND PREPAYMENTS
138,440
125,036
139.614
SUNDRY CREDITORS, ACCRUALS
AND PROVISIONS
-7.178
NET ASSETS
117
135 798
INDEPENDENTEXAMINER'S REPORTtothe members of Caterham United Refom)ed Church:
I have examined the Balance Sheet and Accounts as set out on pages 1 3, together with the
docLJments and statements submitted to me. My examination included a review of the accounting
records kept by the Treasurer and a comparison of the accounts presented wth Ihose records. It also
included consideration of any unusual items or disclosures in the accounts. and seeking explanations
concerning such matters. The procedures undertaken do not provide all the evidence that would be
required in an audit, and consequenuy I do not express an audit opinion on the accounts.
In connection with my examination, no matter has come to my attention-
1. which gives me reasonable cause to believe ihat in any material respect the Treasurer has nol
ensured thal.,
proper accounting records are kept in accordance with section 130 of the Charities Act 2011;
and
accounts have been prepared which agree with the accounting records and comply wilh the
accounting requiremenls of the Charities Act 2011., or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
Date
David R Ling, Chartered Accountant

CATERHAM UNITED REFORMED CHURCH
INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2023
2023-£
2022-£
2021-£
INCOME
Offerings
Donations
Income tax recovery
Premises lettings
Bank interest
Sundry income
45.841
8.637
12.233
42,427
3.154
965
46,119
9,815
11,781
34,201
836
675
42,505
10,424
12,386
21,508
TOTAL INCOME
113 257
103427
EXPENDITURE
Ministry
Ministry and Mission
less: Caterham School Contribution
Minister's Expenses
Accommodation
Outreach
46,824
46,824
-5.192
2.878
5,539
29
48.190
-7,684
1,648
4,710
199
119
-374
388
Utillties
Gas
Electricity
Telephone I Wi-Fi
Water
Insurance
7.185
2.446
964
721
7.436
18,752
12,395
2,084
865
400
4,613
1,756
827
409
Fabric
Repairs and Maintenance
Cleaning
8,860
9,754
6,278
10,299
Worship Costs
Worship Costs linc Pulpit Supply)
Organists, and Pianists, Fees etc
Music Purchases and Licenses
Maintenance of instruments
3.951
2,565
316
2,682
2,485
247
3.193
2,286
1,650
394
Other Expenditure
Printing, Copying and Slalionery
Sundries
1,638
775
1.659
527
1,455
TOTAL EXPENDITURE
102 199
105 753
SURPLUS I {DEFICIT} FOR THE YEAR
Carried forward in General Fund
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CATERHAM UNITED REFORMED CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
1. OTHER CHURCH FUNDS
Welfare
Legacies
Organ
Building
J Church
Manse
Balance at 1 January
628
45,356
5,431
16,220
335
INCOME..
Donations l Legacies
Rental Income
Transfer from General Fund
50(>
4,000
18,229
2,000
500
EXPENDITURE:
Organ Work
Manse upkeep
Lightning Conductor upgrade
4,808
14.744
Balance at 31 December
628
298
335
2023
2022
2021
2. DEBTORS AND PREPAYMENTS
Income lax re¢ovÈrable
Premises lellings
Other amounts owed
Pyepaymenls
5,451
2,698
5.587
1.008
6,007
860
1,783
5.159
3. SUNDRY CREDITORS, ACCRUALS AND PROVISIONS
Accrued expenditure
Premises lellings
4,813
1,131
6,048
1,130
2.329
4. OTHER COLLECTIONS
During the year, ¢olle¢tions for non-church a¢tivities and appeals have been made lotalling £1,886. These
days, with eleGlroni¢ banking, often donors pay dire¢l lo the charity and this giving does not go through the
church's bank acGount. These figures do not include those donations.
Caterharn Food Bank
Christian Aid
COAT IC8terham Overseas Aid Trust)
Commitment for Life
275
1,107
504
261
631
575
750
163
460
623
'Catèrham United Reformed Church Charity" . Registered Charity Number 1132558
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