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2021-12-31-accounts

Charity number: 1133127

LINDFIELD UNITED REFORMED CHURCH CHARITY

UNAUDITED

ELDERS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

LINDFIELD UNITED REFORMED CHURCH CHARITY

CONTENTS

Page
Reference and administrative details of the charity, its Elders and advisers 1
Elders' report 2 - 6
Independent examiner's report 7
Statement of financial activities 8
Balance sheet 9
Notes to the financial statements 10 - 24

LINDFIELD UNITED REFORMED CHURCH CHARITY

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS ELDERS AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021

Elders

Mrs Susan Peta Gooch (resigned 28 November 2021) Mr Daniel Ellison McQuillin Mr Jeremy Graham Paul Campling Mrs Lesley Maria Sparks (resigned 20 May 2021) Mr Terence John Ward Rev Keith Morrison

Charity registered number

1133127

Principal office

50 High Street Lindfield West Sussex RH16 2HL

Accountants

GMBC LLP 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 2021

The Elders present their annual report together with the financial statements of the Lindfield United Reformed Church Charity for the 1 January 2021 to 31 December 2021.

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

Throughout 2021 Lindfield URC continued to hold services every week, support members pastorally and serve the local community actively. This was online as necessary to meet COVID regulations and protect members and hybrid whenever meeting in person was possible. The church with the aid of a grant invested in the equipment to continue to offer live services online indefinitely. By the end of 2021 all midweek groups had reopened and Sunday services and the monthly Wednesday worship service had fully restarted. During the week we host and organise a range of regular activities including those for young people and various other groups within the fellowship and on behalf of the local community.

The premises continue to be used to host and support a number of large scale public events as well as being let for the use of community groups. The Repair Cafe, meeting monthly on the premises has been a great success since launching in 2021.

Page 2

LINDFIELD UNITED REFORMED CHURCH CHARITY

ELDERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

Achievements and performance

a. Review of activities

Throughout the year Lindfield United Reformed Church has continued to fulfil the objectives as set out above.

Lindfield URC qualified for Bronze status under the ECO Church award in recognition of the faithful and sustainable stewardship of our resources and buildings, as a response to our engagement with local and global environmental issues and in recognition of the commitment within the personal lifestyles of our members to demonstrate our love for God and one another generously and responsibly.

While a number of long standing members moved away during the pandemic we have also seen new members come into membership and a number of new people attending services regularly, both in person and online. We have a very up to date website www.lindfieldurc.org.uk as well as active engagement with members and the local community via social media.

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 2021 the level of reserves was consistent with this policy.

Page 3

LINDFIELD UNITED REFORMED CHURCH CHARITY

ELDERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

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.

Overall there was a small increase in total cash assets of around £3,300 (just over 10%) during the year. 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 operated, 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.

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.

Page 4

LINDFIELD UNITED REFORMED CHURCH CHARITY

ELDERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

Structure, governance and management (continued)

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.

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;

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

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.

Page 5

LINDFIELD UNITED REFORMED CHURCH CHARITY

ELDERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

Post year end events

We have been able to hold hybrid services since the year end. We are continuing to make our worship and teaching available online for those who cannot attend in person.

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: 31 May 2022

Page 6

LINDFIELD UNITED REFORMED CHURCH CHARITY

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

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 2021.

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:

Signed: Dated: 31 May 2022 Brian T Cook FCA

GMBC LLP

Chartered Tax Advisers and Accountants

Page 7

LINDFIELD UNITED REFORMED CHURCH CHARITY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

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
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2021
£
79,186
2,224
10
81,420
-
81,571
81,571
(151)
(151)
41,274
(151)
41,123		 Restricted
funds
2021
£
37,645
643
-
38,288
-
34,653
34,653
3,635
3,635
6,844
3,635
10,479		 Total
funds
2021
£
116,831
2,867
10
119,708
-
116,224
116,224
3,484
3,484
48,118
3,484
51,602		 Total
funds
2020
£
103,323
8,240
98
111,661
57
115,662
115,719
(4,058)
(4,058)
52,176
(4,058)
48,118

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

The notes on pages 10 to 24 form part of these financial statements.

Page 8

LINDFIELD UNITED REFORMED CHURCH CHARITY

BALANCE SHEET AS AT 31 DECEMBER 2021

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		 17,890
30,128
48,018
(1,246)		 2021
£
4,830
4,830
46,772
51,602
10,479
41,123
51,602		 16,214
26,839
43,053
(972)		 2020
£
6,037
6,037
42,081
48,118
6,844
41,274
48,118

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: 31 May 2022

The notes on pages 10 to 24 form part of these financial statements.

Page 9

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

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 10

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

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 raising funds includes all expenditure incurred by the charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

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.

Page 11

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

2. Accounting policies (continued)

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.

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 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 12

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

3. Income from donations and legacies

Unrestricted
funds
2021
£
Donations
Offerings - standing orders
64,056
Offerings - envelopes
276
Offerings - loose collections
1,282
Income tax refunds under gift aid
13,572
Youth work donations
-
Grants
Covid JRS Claims
-
Synod grants
-
Donations
-
Legacies
-
79,186
Total 2020
74,276		 Restricted
funds
2021
£
-
-
-
-
13,101
5,999
18,545
-
-
37,645
29,047		 Total
funds
2021
£
64,056
276
1,282
13,572
13,101
5,999
18,545
-
-
116,831
103,323		 Total
funds
2020
£
(54,886)
1,347
2,708
13,336
17,766
11,280
-
109,772
2,000
103,323

4. Income from other trading activities Income from fundraising events

Unrestricted
funds
2021
£
Premises hire
320
Romans 1:11 bursary
-
Mission giving
-
Miscellaneous receipts
1,904
Total 2021
2,224
Total 2020
7,282		 Restricted
funds
2021
£
-
400
243
-
643
958		 Total
funds
2021
£
320
400
243
1,904
2,867
8,240		 Total
funds
2020
£
1,260
675
283
6,022
8,240

Page 13

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

5. Investment income

Unrestricted Total Total
funds funds funds
2021 2021 2020
£ £ £
Interest received 10 10 98

6. Expenditure on raising funds

Costs of raising voluntary income

Unrestricted Total Total
funds funds funds
2021 2021 2020
£ £ £
Brochures and material - - 57

7. Analysis of grants

Grants to Total Total
Institutions funds funds
2021 2021 2020
£ £ £
Mission giving 3,957 3,957 8,552

Page 14

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

8. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted
funds
2021
£
Other expenditure
14,331
Ministry and mission fund
47,652
Church
13,047
Worship and teaching
-
Youth
-
Ministerial
6,541
Total 2021
81,571
Total 2020
87,125		 Restricted
funds
2021
£
357
-
18,546
-
15,750
-
34,653
28,537		 Total
funds
2021
£
14,688
47,652
31,593
-
15,750
6,541
116,224
115,662		 Total
funds
2020
£
17,761
47,652
17,188
307
27,051
5,703
115,662

9. Analysis of expenditure by activities

Other expenditure
Ministry and mission fund
Church
Worship and teaching
Youth
Ministerial
Total 2021
Total 2020		 Activities
undertaken
directly
2021
£
2,938
47,652
31,593
-
15,750
6,541
104,474
101,670		 Grant
funding of
activities
2021
£
3,957
-
-
-
-
-
3,957
8,552		 Support
costs
2021
£
7,793
-
-
-
-
-
7,793
5,439		 Total
funds
2021
£
14,688
47,652
31,593
-
15,750
6,541
116,224
115,661		 Total
funds
2020
£
17,760
47,652
17,188
307
27,051
5,703
115,662

Page 15

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

9. Analysis of expenditure by activities (continued)

Analysis of direct costs

Staff costs
Ministry and mission fund
General expenses
Communication
Printing and stationery
Motor vehicles
Council tax
Junior Church
Insurance
Light and heat
Water
Cleaning
Repairs and renewals
Equipment
Piano tuning
Copying and reproduction
licences
Central Sussex United Area
Total 2021
Total 2020		 Other
expenditure
2021
Ministry and
mission
fund
2021
£
£
-
-
-
47,652
375
-
2,287
-
276
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,938
47,652
3,769
47,652		 Church
2021
£
-
-
-
-
-
-
-
-
3,956
2,352
97
2,173
21,400
499
115
1,001
-
31,593
17,188		 Worship
and
teaching
2021
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
307		 Youth
2021
£
15,750
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
15,750
27,051

Page 16

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

9. Analysis of expenditure by activities (continued)

Analysis of direct costs (continued)

Staff costs
Ministry and mission fund
General expenses
Communication
Printing and stationery
Motor vehicles
Council tax
Junior Church
Insurance
Light and heat
Water
Cleaning
Repairs and renewals
Equipment
Piano tuning
Copying and reproduction licences
Central Sussex United Area
Total 2021
Total 2020		 Ministerial
2021
£
-
-
166
-
-
1,200
3,231
-
926
-
750
-
268
-
-
-
-
6,541
5,703		 Total
funds
2021
£
15,750
47,652
541
2,287
276
1,200
3,231
-
4,882
2,352
847
2,173
21,668
499
115
1,001
-
104,474
101,670		 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

Page 17

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

9. Analysis of expenditure by activities (continued)

Analysis of support costs

Other
expenditure
2021
£
Depreciation
1,208
Ministry and mission fund
426
Computer
-
Printing and stationery
207
Accounting fees
5,952
7,793
10.
Independent examiner's remuneration
Fees payable to the charity's independent examiner for the independent
examination of the charity's annual accounts
Fees payable to the charity's independent examiner in respect of:
All other services not included above		 Total
funds
2021
£
1,208
426
-
207
5,952
7,793
2021
£
630
5,310		 Total
funds
2020
£
1,509
257
27
-
3,646
5,439
2020
£
630
2,880

11. Staff costs

Wages and salaries
The average number of persons employed by the charity during the year was
Youth pastor		 2021
£
15,750
15,750
as follows:
2021
No.
-		 2020
£
26,394
26,394
2020
No.
1

Page 18

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

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 (2020 - £NIL) .

During the year ended 31 December 2021, no Elder expenses have been incurred (2020 - £NIL) .

13. Tangible fixed assets

Cost or valuation
At 1 January 2021
At 31 December 2021
Depreciation
At 1 January 2021
Charge for the year
At 31 December 2021
Net book value
At 31 December 2021
At 31 December 2020		 Fixtures and
fittings
£
7,002
7,002
3,812
638
4,450
2,552
3,190		 Office
equipment
£
11,956
11,956
9,108
569
9,677
2,279
2,848		 Total
£
18,958
18,958
12,920
1,207
14,127
4,831
6,038

Page 19

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

14. Debtors

Trade debtors
Other debtors
Prepayments and accrued income
Tax recoverable		 2021
£
336
272
5,618
11,664
17,890		 2020
£
330
201
4,315
11,368
16,214

15. Creditors: Amounts falling due within one year

Trade creditors
Other creditors
Accruals and deferred income		 2021
£
490
-
756
1,246		 2020
£
322
139
511
972

16. Financial instruments

2021 2020
£ £
Financial assets
Financial assets measured at fair value through income and expenditure 30,128 26,839

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

Page 20

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

17. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
Legacies Reserve
Building Fund
General funds
General Fund
Total Unrestricted funds
Restricted funds
Youth Work Fund
Mission Giving
Events
Synod for repairs
Total of funds		 Balance at 1
January
2021
£
51,333
25,754
77,087
(35,813)
41,274
4,379
1,206
1,259
-
6,844
48,118		 Income
£
-
-
-
81,420
81,420
19,100
643
-
18,545
38,288
119,708		 Expenditure
£
-
-
-
(81,571)
(81,571)
(15,750)
(358)
-
(18,545)
(34,653)
(116,224)		 Balance at
31
December
2021
£
51,333
25,754
77,087
(35,964)
41,123
7,729
1,491
1,259
-
10,479
51,602

Page 21

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

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
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 22

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

18. Summary of funds

Summary of funds - current year

Designated funds
General funds
Restricted funds		 Balance at 1
January
2021
£
77,087
(35,813)
6,844
48,118		 Income
£
-
81,420
38,288
119,708		 Expenditure
£
-
(81,571)
(34,653)
(116,224)		 Balance at
31
December
2021
£
77,087
(35,964)
10,479
51,602

Summary of funds - prior year

Designated funds
General funds
Restricted funds		 Balance at
1 January
2020
£
75,087
(27,139)
4,226
52,174		 Income
£
2,000
79,658
30,005
111,663		 Expenditure
£
-
(87,182)
(28,537)
(115,719)		 Transfers
in/out
£
-
(1,150)
1,150
-		 Balance at
31
December
2020
£
77,087
(35,813)
6,844
48,118

Page 23

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

19. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted
funds
2021
£
Tangible fixed assets
4,830
Current assets
37,539
Creditors due within one year
(1,246)
Total
41,123		 Restricted
funds
2021
£
-
10,479
-
10,479		 Total
funds
2021
£
4,830
48,018
(1,246)
51,602

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2020
£
6,038
36,210
(974)
41,274		 Restricted
funds
2020
£
-
6,844
-
6,844		 Total
funds
2020
£
6,038
43,054
(974)
48,118

Page 24