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← Lindfield United Reformed Church Charity

2023-12-31-accounts

Charity number: 1133127

LINDFIELD UNITED REFORMED CHURCH CHARITY

UNAUDITED

ELDERS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

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 2023

Elders

Mr Daniel Ellison McQuillin Mr Jeremy Graham Paul Campling Mr Terence John Ward Rev Keith Morrison Mrs Jill Margaret Franklin Dr Martin Jonathan Richard Hall

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 2023

The Elders present their annual report together with the financial statements of the Lindfield United Reformed Church Charity for the year 1 January 2023 to 31 December 2023.

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 2023 Lindfield URC continued to hold services every week, support members pastorally and serve the local community actively. The hybrid nature of services which initially started as a consequence of Covid restrictions has continued and we intend to offer this indefinitely. This encourages people to attend services in person but makes them available online to anyone who is unable to attend in person. We hold services each week on a Sunday, and there is a Wednesday worship service each month. 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 continues to be a great success since launching in 2021.

Page 2

LINDFIELD UNITED REFORMED CHURCH CHARITY

ELDERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

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 retains the Silver status under the ECO Church award, which it received in 2022, 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.

We continue to welcome new worshippers and members to our fellowship, while some of our long standing members have moved or sadly passed away. 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 2023 the level of reserves was consistent with this policy.

c. Result for the year

Our income is predominantly through gifts and legacies from our members and visitors; We have various additional sources of income including premises letting and gift aid relief.

Overall there was a small decrease in total net assets 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 had 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.

Page 3

LINDFIELD UNITED REFORMED CHURCH CHARITY

ELDERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

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.

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. A Church Meeting usually takes place every other month. There are a series of Committees with delegated responsibilities for specific aspects of church life 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.

Page 4

LINDFIELD UNITED REFORMED CHURCH CHARITY

ELDERS' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

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:

• 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

We continue to hold our hybrid services and offer our mid week groups 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: 18 June 2024

Page 5

LINDFIELD UNITED REFORMED CHURCH CHARITY

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

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 2023.

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: 29 July 2024 Brian T Cook FCA

GMBC LLP

Chartered Tax Advisers and Accountants

Page 6

LINDFIELD UNITED REFORMED CHURCH CHARITY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

Note
Income from:
Donations and legacies
3
Other trading activities
4
Investments
5
Total income
Expenditure on:
Charitable activities
7
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
2023
£
78,501
5,340
305
84,146
88,716
88,716
(4,570)
(4,570)
45,083
(4,570)
40,513		 Restricted
funds
2023
£
21,783
198
-
21,981
21,574
21,574
407
407
2,352
407
2,759		 Total
funds
2023
£
100,284
5,538
305
106,127
110,290
110,290
(4,163)
(4,163)
47,435
(4,163)
43,272		 Total
funds
2022
£
78,872
5,242
36
84,150
88,317
88,317
(4,167)
(4,167)
51,602
(4,167)
47,435

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 2023

Note
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within one
year
13
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more
than one year
14
Net assets excluding pension asset
Total net assets
Charity funds
Restricted funds
16
Unrestricted funds
16
Total funds		 13,715
37,032
50,747
(6,123)		 2023
£
7,662
7,662
44,624
52,286
(9,014)
43,272
43,272
2,759
40,513
43,272		 5,081
37,160
42,241
(2,195)		 2022
£
7,389
7,389
40,046
47,435
-
47,435
47,435
2,352
45,083
47,435

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: 18 June 2024

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 2023

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, RH16 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 2023

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 2023

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 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.

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.

With the agreement of the Church Meeting a policy was agreed in 2022 not to use Designated funds. These continue to be incorporated within the General Fund. Similarly, where possible during 2022 there was a reduction in the use of some Restricted Funds. With the express agreement of those who had made gifts of this nature, existing Restricted funds were incorporated in the General Fund. However where future Grants or Gifts are made on a Restricted basis they will continue to be shown as such. The purpose of this is to improve transparency and flexibility as to the funds available to the Charity.

Page 11

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

3. Income from donations and legacies

Unrestricted
funds
2023
£
Donations
Offerings - standing orders
53,644
Offerings - envelopes
90
Offerings - loose collections
4,567
Income tax refunds under gift aid
10,950
Youth work donations
-
Grants
Synod grants
-
Donations
9,250
Legacies
-
Subtotal
9,250
78,501
Total 2022
63,505		 Restricted
funds
2023
£
-
-
-
-
-
21,783
-
-
-
21,783
15,366		 Total
funds
2023
£
53,644
90
4,567
10,950
-
21,783
9,250
-
9,250
100,284
78,871		 Total
funds
2022
£
47,216
290
3,883
10,675
8,979
6,387
1,216
225
1,441
78,871

Page 12

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

4. Income from other trading activities

Income from fundraising events

Unrestricted
funds
2023
£
Premises hire
2,595
Romans 1:11 bursary
-
Mission giving
-
Miscellaneous receipts
2,745
Total 2023
5,340
Total 2022
4,382		 Restricted
funds
2023
£
-
-
198
-
198
861		 Total
funds
2023
£
2,595
-
198
2,745
5,538
5,243		 Total
funds
2022
£
1,185
438
423
3,197
5,242

5. Investment income

Unrestricted
funds
2023
£
Interest received
305
Analysis of grants
Grants to
Institutions
2023
£
Mission giving
1,678		 Total
funds
2023
£
305
Total
funds
2023
£
1,678		 Total
funds
2022
£
36
Total
funds
2022
£
1,969

6. Analysis of grants

Page 13

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

7. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted
funds
2023
£
Other expenditure
15,447
Ministry and mission fund
38,124
Church
27,655
Worship and teaching
250
Ministerial
7,240
Total 2023
88,716
Total 2022
81,930		 Restricted
funds
2023
£
627
-
20,947
-
-
21,574
6,387		 Total
2023
£
16,074
38,124
48,602
250
7,240
110,290
88,317		 Total
2022
£
14,557
45,276
20,520
-
7,964
88,317

8. Analysis of expenditure by activities

Other expenditure
Ministry and mission fund
Church
Worship and teaching
Ministerial
Total 2023
Total 2022		 Activities
undertaken
directly
2023
£
4,740
38,124
48,602
250
7,240
98,956
77,122		 Grant
funding of
activities
2023
£
1,678
-
-
-
-
1,678
1,969		 Support
costs
2023
£
9,656
-
-
-
-
9,656
9,226		 Total
funds
2023
£
16,074
38,124
48,602
250
7,240
110,290
88,317		 Total
funds
2022
£
14,557
45,276
20,520
-
7,964
88,317

Page 14

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

8. Analysis of expenditure by activities (continued)

Analysis of direct 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
Total 2023
Total 2022		 Other
expenditure
2023
Ministry and
mission
fund
2023
£
£
-
38,124
2,303
-
1,364
-
1,073
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
4,740
38,124
3,362
45,277		 Church
2023
£
-
-
-
-
-
-
575
3,768
4,141
891
4,251
33,744
-
280
952
48,602
20,520		 Worship
and
teaching
2023
£
-
250
-
-
-
-
-
-
-
-
-
-
-
-
-
250
-

Page 15

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

8. Analysis of expenditure by activities (continued)

Analysis of direct costs (continued)

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
Total 2023
Total 2022
Analysis of support costs		 Ministerial
2023
£
-
375
-
-
1,200
3,513
-
1,060
-
1,092
-
-
-
-
-
7,240
7,964		 Total
funds
2023
£
38,124
2,928
1,364
1,073
1,200
3,513
575
4,828
4,141
1,983
4,251
33,744
-
280
952
98,956
77,122		 Total
funds
2022
£
45,277
1,214
1,563
748
1,200
3,351
441
5,147
3,502
1,649
3,803
8,060
141
265
761
77,122
Depreciation
Ministry and mission fund
General expenses
Printing and stationery
Accounting fees		 Other
expenditure
2023
£
2,649
435
290
162
6,120
9,656		 Total
funds
2023
£
2,649
435
290
162
6,120
9,656		 Total
funds
2022
£
1,847
479
-
150
6,750
9,226

Page 16

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

9. Independent examiner's remuneration

2023 2022
£ £
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 6,120 6,120

10. Elders' remuneration and expenses

During the year, no Elders received any remuneration or other benefits (2022 - £NIL) .

During the year ended 31 December 2023, no Elder expenses have been incurred (2022 - £NIL) .

Page 17

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

11. Tangible fixed assets

Cost or valuation
At 1 January 2023
Additions
Disposals
At 31 December 2023
Depreciation
At 1 January 2023
Charge for the year
On disposals
At 31 December 2023
Net book value
At 31 December 2023
At 31 December 2022
Debtors
Trade debtors
Other debtors
Prepayments and accrued income
Tax recoverable		 Fixtures and
fittings
£
11,409
211
-
11,620
5,841
1,156
-
6,997
4,623
5,567		 Office
equipment
£
11,955
2,712
(5,466)
9,201
10,133
760
(4,732)
6,161
3,040
1,822
2023
£
40
272
5,018
8,385
13,715		 Total
£
23,364
2,923
(5,466)
20,821
15,974
1,916
(4,732)
13,158
7,663
7,389
2022
£
157
272
4,166
486
5,081

12. Debtors

Page 18

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

13. Creditors: Amounts falling due within one year

Other loans
Trade creditors
Accruals and deferred income		 2023
£
2,254
1,845
2,024
6,123		 2022
£
-
1,358
837
2,195

14. Creditors: Amounts falling due after more than one year

2023 2022
£ £
Other loans 9,014 -

15. Financial instruments

2023 2022
£ £
Financial assets
Financial assets measured at fair value through income and expenditure 37,032 37,160

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 2023

16. Statement of funds

Statement of funds - current year

Unrestricted funds
General Fund
Restricted funds
Mission Giving
Synod for repairs
Total of funds		 Balance at 1
January
2023
£
45,083
2,352
-
2,352
47,435		 Income
£
84,146
-
21,981
21,981
106,127		 Expenditure
£
(88,716)
(627)
(20,947)
(21,574)
(110,290)		 Balance at
31
December
2023
£
40,513
1,725
1,034
2,759
43,272

Page 20

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

16. 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
Synod for repairs
Total of funds		 Balance at
1 January
2022
£
51,333
25,754
77,087
(35,964)
41,123
7,729
1,491
1,259
-
10,479
51,602		 Income
£
-
-
-
67,923
67,923
8,979
861
-
6,387
16,227
84,150		 Expenditure
£
-
-
-
(81,930)
(81,930)
-
-
-
(6,387)
(6,387)
(88,317)		 Transfers
in/out
£
(51,333)
(25,754)
(77,087)
95,054
17,967
(16,708)
-
(1,259)
-
(17,967)
-		 Balance at
31
December
2022
£
-
-
-
45,083
45,083
-
2,352
-
-
2,352
47,435

Page 21

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

17. Summary of funds

Summary of funds - current year

General funds
Restricted funds		 Balance at
1 January
2022
£
77,087
(35,964)
10,479
51,602		 Balance at 1
January
2023
£
45,083
2,352
47,435
Income
£
-
67,923
16,227
84,150		 Income
£
84,146
21,981
106,127
Expenditure
£
-
(81,930)
(6,387)
(88,317)		 Expenditure
£
(88,716)
(21,574)
(110,290)
Transfers
in/out
£
(77,087)
95,054
(17,967)
-		 Balance at
31
December
2023
£
40,513
2,759
43,272
Balance at
31
December
2022
£
-
45,083
2,352
Summary of funds - prior year
Designated funds
General funds
Restricted funds
47,435

Page 22

LINDFIELD UNITED REFORMED CHURCH CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

18. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted
funds
2023
£
Tangible fixed assets
7,662
Current assets
47,988
Creditors due within one year
(6,123)
Creditors due in more than one year
(9,014)
Total
40,513		 Restricted
funds
2023
£
-
2,759
-
-
2,759		 Total
funds
2023
£
7,662
50,747
(6,123)
(9,014)
43,272

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2022
£
7,389
39,889
(2,195)
45,083		 Restricted
funds
2022
£
-
2,352
-
2,352		 Total
funds
2022
£
7,389
42,241
(2,195)
47,435

Page 23