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2020-12-31-accounts

Charity number: 1133127

LINDFIELD UNITED REFORMED CHURCH CHARITY

UNAUDITED

ELDERS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

LINDFIELD UNITED REFORMED CHURCH CHARITY

CONTENTS

Page
Reference and administrative details of the charity, its Elders and advisers 1
Elders' report 2 - 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 - 23

LINDFIELD UNITED REFORMED CHURCH CHARITY

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS ELDERS AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2020

Elders

Mrs Susan Peta Gooch Mr Daniel Ellison McQuillin Mr Jeremy Graham Paul Campling Mrs Lesley Maria Sparks Mr Terence John Ward

Charity registered number

1133127

Principal office

50 High Street Lindfield West Sussex RH16 2HL

Accountants

Brian Cook Associates Chartered Tax Advisers and Accountants Marine House 151 Western Road Haywards Heath West Sussex RH16 3LH

Page 1

LINDFIELD UNITED REFORMED CHURCH CHARITY

ELDERS' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

The Elders present their annual report together with the financial statements of the Lindfield United Reformed Church Charity for the 1 January 2020 to 31 December 2020.

Objectives and activities

a. Policies and objectives

In setting objectives and planning for activities, the Elders have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

b. Strategies for achieving objectives

As a local congregation of the United Reformed Church, Lindfield United Reformed Church seeks to advance the Christian religion through its activities and the facilities offered to the community by its building and described more specifically in its mission statement as:

The Elders’ Meeting is aware of the Charity Commission's guidance on public benefit in "The Advancement of Religion for the Public Benefit" and has regard to it in the administration of the Church.

The Elders’ Meeting believes that the Church provides benefit to the public by:

c. Main activities undertaken to further the charity's purposes for the public benefit

At the start of 2020 we had our usual services on Sundays, and on the first Wednesday in each month, at which all were welcome. During the week we were holding a range of regular activities including those for young people and various other groups within the fellowship. Following the COVID related ‘lock down’ in March 2020, our Sunday morning services moved to an online format; mid-week services, and other activities, together with the various other services and events usually held during the year were held in alternative formats online where possible, and as restrictions permitted. These online services and activities were very successful and we were able to reach a considerable number of new people who might not otherwise have attended.

Page 2

LINDFIELD UNITED REFORMED CHURCH CHARITY

ELDERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Achievements and performance

a. Review of activities

Throughout the year Lindfield United Reformed Church has continued to fulfil the objectives as set out above. We continue to thrive as a congregation with our membership numbers constant throughout the year. We have a very up to date website, www.lindfieldurc.org.uk , so please look to that for further information.

Financial review

a. Going concern

After making appropriate enquiries, the Elders have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

It is the policy of the Elders to maintain a level of reserves sufficient to cover three months anticipated expenditure. At 31 December 2020 the level of reserves was consistent with this policy.

c. Result for the year

Our income comprises various sources of income including premises letting and gift aid relief. However, it is predominantly through the gifts and legacies from our members and visitors.

Provision is made for future capital expenditure by making transfers into designated funds. Some gifts are made into restricted funds for specific purposes including the generous support by our members of external Mission Activities and the employment of a Youth Pastor.

Overall there was a small reduction in total cash assets of around £4,000 (7.5%) during the year; however The Elders’ Meeting has reviewed the possible risks facing the Church and believes that it has appropriate safeguards in place to control and mitigate such risks. Whilst the COVID pandemic and associated restrictions have affected the way the fellowship operates, the Elders are not aware of any incidents or occurrences which would threaten the work or assets of the Church.

Structure, governance and management

a. Constitution

Lindfield United Reformed Church Charity is a registered charity, number 1133127, and is constituted under a Trust deed.

The principal object of the charity is to provide regular public worship for all and to promote and teach the christian faith to all ages and give pastoral care and support to members and others in need.

Page 3

LINDFIELD UNITED REFORMED CHURCH CHARITY

ELDERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Structure, governance and management (continued)

b. Methods of appointment or election of Elders

The members of the Elders Meeting are the Minister in pastoral charge (if any) and members of Lindfield United Reformed Church nominated and elected by its members in Church Meeting. Elders serve for three years, retire by rotation and are eligible for re-election. There is no limit on the number of consecutive periods of service. The members of the Elders’ Meeting are the trustees of the registered charity during their period of service as elders.

c. Organisational structure and decision-making policies

The activities of Lindfield United Reformed Church are overseen by the Elders’ Meeting of the Church in accordance with the provisions of the structure of the United Reformed Church determined by the General Assembly of the United Reformed Church, and supplemented by the rules and constitution of the Lindfield Church locally. The governing document of the Registered Charity is a statement adopted by the Church Meeting on 11th June 2009.

The Elders’ Meeting is responsible for the financial administration of the Church and the care and maintenance of the premises and the Manse. The Church Meeting (of all voting members and regular worshippers wishing to attend) gives general guidance on the life and work of the Church.

There is normally an Elders meeting each month, and these have continued to be held ‘virtually’ during the pandemic. The Church Meeting usually takes place every other month but this pattern has been interrupted at the current time. There are a series of Committees with delegated responsibilities for specific aspects of church life and which report to the Elders Meeting.

There is an Annual Meeting of the Church meeting, usually in November, which includes a process for the election of Elders, who are subsequently ordained into the role serving terms of office of 3 years. On ordination Elders also become trustees while they are serving. It was not possible to hold this meeting in November 2020, but an Annual Meeting was held in June 2021 at the first opportunity once restrictions permitted.

Page 4

LINDFIELD UNITED REFORMED CHURCH CHARITY

ELDERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Elders' responsibilities statement

The Elders are responsible for preparing the Elders' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Elders to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Elders are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgments and accounting estimates that are reasonable and prudent;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Elders are responsible for keeping proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Post year end events

Since the year end, like others, we have continued to adapt and respond to the ongoing health crisis. As we have done throughout 2020, we continue to do as much as we can according to the government restrictions in place from time to time. We are now able to hold services in person again, and have adopted a ‘hybrid’ format also sharing these online for those who cannot attend in person.

Various other groups are now restarting where possible. However we have been able to make extensive use of technology to continue much of our activity, including online services.

Our Youth Pastor was on furlough through much of 2020, but this was ‘part time’ during late 2020 and since the year end. However, sadly he left us at the end of July 2021 and arrangements are being made to fill this role.

Approved by order of the members of the board of Elders and signed on their behalf by:

Mr Daniel Ellison McQuillin (Elder and Church Secretary)

Date: 22 September 2021

Page 5

LINDFIELD UNITED REFORMED CHURCH CHARITY

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

Independent examiner's report to the Elders of Lindfield United Reformed Church Charity ('the charity')

I report to the charity Elders on my examination of the accounts of the charity for the year ended 31 December 2020.

Responsibilities and basis of report

As the Elders of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no 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 charity as required by section 130 of the 2011 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.

This report is made solely to the charity's Elders in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Elders those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Elders, for my work or for this report.

Signed: Dated: 23 September 2021 Brian T Cook FCA

Brian Cook Associates

Chartered Tax Advisers and Accountants

Page 6

LINDFIELD UNITED REFORMED CHURCH CHARITY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020

Note
Income from:
Donations and legacies
3
Other trading activities
4
Investments
5
Total income
Expenditure on:
Raising funds
6
Charitable activities
8
Total expenditure
Net (expenditure)/income
Transfers between funds
17
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2020
£
74,278
7,282
98
81,658
57
87,125
87,182
(5,524)
(1,150)
(6,674)
47,948
(6,674)
41,274		 Restricted
funds
2020
£
11,280
18,724
-
30,004
-
28,537
28,537
1,467
1,150
2,617
4,226
2,617
6,843		 Total
funds
2020
£
85,558
26,006
98
111,662
57
115,662
115,719
(4,057)
-
(4,057)
52,174
(4,057)
48,117		 Total
funds
2019
£
86,266
39,361
4
125,631
-
136,393
136,393
(10,762)
-
(10,762)
62,936
(10,762)
52,174

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 9 to 23 form part of these financial statements.

Page 7

LINDFIELD UNITED REFORMED CHURCH CHARITY

BALANCE SHEET AS AT 31 DECEMBER 2020

Note
Fixed assets
Tangible assets
13
Current assets
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within one
year
15
Net current assets
Total net assets
Charity funds
Restricted funds
17
Unrestricted funds
17
Total funds		 16,214
26,839
43,053
(973)		 2020
£
6,038
6,038
42,080
48,118
6,844
41,274
48,118		 19,049
28,222
47,271
(2,644)		 2019
£
7,547
7,547
44,627
52,174
4,226
47,948
52,174

The financial statements were approved and authorised for issue by the Elders and signed on their behalf by:

Mr Daniel Ellison McQuillin

(Elder and Church Secretary) Date: 22 September 2021

The notes on pages 9 to 23 form part of these financial statements.

Page 8

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

1. General information

Lindfield United Reformed Church Charity is a charity constitued by Trust Deed. It is registered with the Charity Commission of England and Wales under registration number 1133127. Its principal office is at 50 High Street, Lindfield, West Sussex, TH16 2HL

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view.

Lindfield United Reformed Church Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the charity, can be reliably measured.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Page 9

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

2. Accounting policies (continued)

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

All expenditure is inclusive of irrecoverable VAT.

2.4 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.5 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:

Fixtures and fittings - 20% Reducing balance
Office equipment - 20% Reducing balance

2.6 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.7 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 10

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

2. Accounting policies (continued)

2.8 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.9 Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.10 Pensions

The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year.

2.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Elders in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Elders for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Page 11

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

3. Income from donations and legacies

Unrestricted
funds
2020
£
Donations
Offerings - standing orders
54,887
Offerings - envelopes
1,347
Offerings - loose collections
2,708
Income tax refunds under gift aid
13,336
Miscellaneous donations
-
Grants
Covid JRS Claims
-
Legacies
2,000
Subtotal
2,000
74,278
Total 2019
86,266		 Restricted
funds
2020
£
-
-
-
-
-
11,280
-
-
11,280
-		 Total
funds
2020
£
54,887
1,347
2,708
13,336
-
11,280
2,000
2,000
85,558
86,266		 Total
funds
2019
£
57,398
3,499
8,929
15,940
500
-
-
-
86,266

4. Income from other trading activities

Income from fundraising events

Unrestricted
funds
2020
£
Premises hire
1,260
Romans 1:11 bursary
-
Mission giving
-
Youth work
-
Miscellaneous receipts
6,022
Manse repairs and maintenance
-
Total 2020
7,282
Total 2019
14,233		 Restricted
funds
2020
£
-
675
283
17,766
-
-
18,724
25,128		 Total
funds
2020
£
1,260
675
283
17,766
6,022
-
26,006
39,361		 Total
funds
2019
£
5,010
675
1,690
22,763
8,039
1,184
39,361

Page 12

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

4. Income from other trading activities (continued)

Income from fundraising events (continued)

5. Investment income

Unrestricted Total Total
funds funds funds
2020 2020 2019
£ £ £
Interest received 98 98 4

6. Expenditure on raising funds

Costs of raising voluntary income

Unrestricted Total Total
funds funds funds
2020 2020 2019
£ £ £
Brochures and material 57 57 -

7. Analysis of grants

Grants to Total Total
Institutions funds funds
2020 2020 2019
£ £ £
Mission giving 8,552 8,552 13,493

Page 13

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

8. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted
funds
2020
£
Other expenditure
16,275
Ministry and mission fund
47,652
Church
17,188
Worship and teaching
307
Youth
-
Ministerial
5,703
Total 2020
87,125
Total 2019
107,339		 Restricted
funds
2020
£
1,486
-
-
-
27,051
-
28,537
29,054		 Total
funds
2020
£
17,761
47,652
17,188
307
27,051
5,703
115,662
136,393		 Total
funds
2019
£
28,603
53,064
17,120
682
29,272
7,652
136,393

9. Analysis of expenditure by activities

Other expenditure
Ministry and mission fund
Church
Worship and teaching
Youth
Ministerial
Total 2020
Total 2019		 Activities
undertaken
directly
2020
£
3,769
47,652
17,188
307
27,051
5,703
101,670
116,715		 Grant
funding of
activities
2020
£
8,552
-
-
-
-
-
8,552
13,493		 Support
costs
2020
£
5,439
-
-
-
-
-
5,439
6,186		 Total
funds
2020
£
17,760
47,652
17,188
307
27,051
5,703
115,662
136,394		 Total
funds
2019
£
28,604
53,064
17,120
682
29,272
7,652
136,393

Page 14

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

9. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs
Ministry and mission fund
General expenses
Communication
Computer
Printing and stationery
Motor vehicles
Council tax
Pulpit supply
Junior Church
Insurance
Light and heat
Water
Cleaning
Repairs and renewals
Equipment
Piano tuning
Copying and reproduction
licences
Central Sussex United Area
Total 2020
Total 2019		 Other
expenditure
2020
Ministry and
mission
fund
2020
£
£
-
-
-
47,652
2,856
-
2,136
-
-
-
(1,423)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
200
-
3,769
47,652
8,926
53,064		 Church
2020
£
-
-
-
-
-
-
-
-
-
-
3,681
4,403
206
5,169
1,736
1,024
-
969
-
17,188
17,120		 Worship
and
teaching
2020
£
-
-
-
-
-
-
-
-
-
307
-
-
-
-
-
-
-
-
-
307
682		 Youth
2020
£
26,395
-
656
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
27,051
29,272

Page 15

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

9. Analysis of expenditure by activities (continued)

Analysis of direct costs (continued)

Staff costs
Ministry and mission fund
General expenses
Communication
Computer
Printing and stationery
Motor vehicles
Council tax
Pulpit supply
Junior Church
Insurance
Light and heat
Water
Cleaning
Repairs and renewals
Equipment
Piano tuning
Copying and reproduction licences
Central Sussex United Area
Total 2020
Total 2019		 Ministerial
2020
£
-
-
166
-
-
-
1,200
3,184
-
-
866
-
(15)
-
302
-
-
-
-
5,703
7,652		 Total
funds
2020
£
26,395
47,652
3,678
2,136
-
(1,423)
1,200
3,184
-
307
4,547
4,403
191
5,169
2,038
1,024
-
969
200
101,670
116,715		 Total
funds
2019
£
26,229
53,064
7,344
1,770
205
2,820
1,200
3,250
313
165
4,318
1,662
2,481
6,931
2,599
1,055
247
862
200
116,715

Page 16

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

9. Analysis of expenditure by activities (continued)

Analysis of support costs

Depreciation
Ministry and mission fund
Computer
Accounting fees		 Other
expenditure
2020
£
1,509
257
27
3,646
5,439		 Total
funds
2020
£
1,509
257
27
3,646
5,439		 Total
funds
2019
£
1,887
406
355
3,538
6,186

10. Independent examiner's remuneration

2020 2019
£ £
Fees payable to the charity's independent examiner for the independent
examination of the charity's annual accounts 630 630
Fees payable to the charity's independent examiner in respect of:
All other services not included above 2,880 2,880

11. Staff costs

Wages and salaries
Contribution to defined contribution pension schemes		 2020
£
26,394
-
26,394		 2019
£
26,170
59
26,229

The average number of persons employed by the charity during the year was as follows:

2020 2019
No. No.
Youth pastor 1 1

Page 17

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

11. Staff costs (continued)

No employee received remuneration amounting to more than £60,000 in either year.

12. Elders' remuneration and expenses

During the year, no Elders received any remuneration or other benefits (2019 - £NIL) .

During the year ended 31 December 2020, no Elder expenses have been incurred (2019 - £NIL) .

13. Tangible fixed assets

Cost or valuation
At 1 January 2020
At 31 December 2020
Depreciation
At 1 January 2020
Charge for the year
At 31 December 2020
Net book value
At 31 December 2020
At 31 December 2019		 Fixtures and
fittings
£
7,002
7,002
3,014
798
3,812
3,190
3,988		 Office
equipment
£
11,955
11,955
8,396
712
9,108
2,847
3,559		 Total
£
18,957
18,957
11,410
1,510
12,920
6,037
7,547

Page 18

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

14. Debtors

Trade debtors
Other debtors
Prepayments and accrued income
Tax recoverable		 2020
£
330
201
4,315
11,368
16,214		 2019
£
2,411
-
2,798
13,840
19,049

15. Creditors: Amounts falling due within one year

Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income		 2020
£
322
-
139
512
973		 2019
£
445
460
138
1,601
2,644

16. Financial instruments

2020 2019
£ £
Financial assets
Financial assets measured at fair value through income and expenditure 26,839 28,222

Financial assets measured at fair value through income and expenditure comprise the balances on the Charity's bank accounts.

Page 19

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

17. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
Legacies Reserve
Building Fund
General funds
General Funds - all funds
Total Unrestricted funds
Restricted funds
Youth Work Fund
Mission Giving
Events
Total of funds		 Balance at 1
January
2020
£
49,333
25,754
75,087
(27,139)
47,948
2,383
584
1,259
4,226
52,174		 Income
£
2,000
-
2,000
79,658
81,658
29,047
958
-
30,005
111,663		 Expenditure
£
-
-
-
(87,182)
(87,182)
(27,051)
(1,486)
-
(28,537)
(115,719)		 Transfers
in/out
£
-
-
-
(1,150)
(1,150)
-
1,150
-
1,150
-		 Balance at
31
December
2020
£
51,333
25,754
77,087
(35,813)
41,274
4,379
1,206
1,259
6,844
48,118

Page 20

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

17. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
Designated funds
Legacies Reserve
Building Fund
General funds
General Fund
Total Unrestricted funds
Restricted funds
Youth Work Fund
Mission Giving
Events
Total of funds		 Balance at
1 January
2019
£
49,333
20,754
70,087
(15,100)
54,987
5,790
900
1,259
7,949
62,936		 Income
£
-
-
-
100,502
100,502
22,763
2,365
-
25,128
125,630		 Expenditure
£
-
-
-
(107,338)
(107,338)
(26,170)
(2,884)
-
(29,054)
(136,392)		 Transfers
in/out
£
-
5,000
5,000
(5,203)
(203)
-
203
-
203
-		 Balance at
31
December
2019
£
49,333
25,754
75,087
(27,139)
47,948
2,383
584
1,259
4,226
52,174

Page 21

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

18. Summary of funds

Summary of funds - current year

Designated funds
General funds
Restricted funds		 Balance at 1
January
2020
£
75,087
(27,139)
4,226
52,174
Balance at
1 January
2019
£
70,087
(15,100)
7,949
62,936		 Income
£
2,000
79,658
30,005
111,663
Income
£
-
100,502
25,128
125,630		 Expenditure
£
-
(87,182)
(28,537)
(115,719)
Expenditure
£
-
(107,338)
(29,054)
(136,392)		 Transfers
in/out
£
-
(1,150)
1,150
-
Transfers
in/out
£
5,000
(5,203)
203
-		 Balance at
31
December
2020
£
77,087
(35,813)
6,844
48,118
Balance at
31
December
2019
£
75,087
(27,139)
4,226
52,174
Summary of funds - prior year
Designated funds
General funds
Restricted funds

Page 22

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

19. Analysis of net assets between funds

Analysis of net assets between funds - current period

Unrestricted
funds
2020
£
Tangible fixed assets
6,038
Current assets
36,375
Creditors due within one year
(974)
Difference
(165)
Total
41,274		 Restricted
funds
2020
£
-
6,679
-
165
6,844		 Total
funds
2020
£
6,038
43,054
(974)
-
48,118

Analysis of net assets between funds - prior period

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2019
£
7,547
43,046
(2,646)
47,947		 Restricted
funds
2019
£
-
4,226
-
4,226		 Total
funds
2019
£
7,547
47,272
(2,646)
52,173

20. Pension commitments

The charity operates a defined contribution pension scheme for its employee. The assets of the scheme are held separately in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £59 (2018 - £Nil).

Page 23