2020-12-31-accounts - Cheltenham United Reformed Church

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			Page
Reference and Administrative Details
Report ofthe Trustees		2	to	9
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet			12
Notes to the Financial Statements		13	to	22

	FOR TH	E YEAR END	ED 31 DECEM	BER 2020
					31.12.20	31.12.19
			Unrestricted	Restricted	Total	Total
		Notes	funds f	funds 5	funds E	funds E
INCOME AND ENDOWMENTS	FROM
Donations and legacies			48,499	5,095	53,594	60,024
Charitable activities
Ministry and mission			6,058		6,058
Generating funds Investment income Other income			53 32,632	388	388 53 32,632	533 203 62,654
Total			87,242	5,483	92,725	123,414
EXPENDITURE ON
Cost ofgenerating funds
Other trading activities					46	82
			46			82
Charitable activities
Ministry and mission Property			63,709 44,685	4,681	68,390 44,685	74,277 61,521
Total			108,440	4,681	113,121	135,880
Net gains on investments			16,786		16,786	39,318
NET INCOME/(EXPENDITURE)			(4,412)	802	(3,610)	26,852
RECONCILIATION OF FUNDS
Total funds brought forward			310,064	9,765	319,829	292,977
TOTAL FUNDS CARRIED FORWARD			305,652	10,567	316,219	319,829

				31.12.20	31.12.19
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	E		f
FIXEDASSETS
Investments	15	264,470		264,470	247,684
CURRENT ASSETS
Debtors Cash at bank	16	8,843 33,640	279 10,414	9,122 44,054	10,868 64,408
		42,483	10,693	53,176	75,276
CREDITORS
Amounts falling due within one year	17	(1,301)	(126)	(1,427)	(3,131)
NET CURRENT ASSETS		41,182	10,567	51,749	72,145
TOTAL ASSETSLESSCURRENT LIABILITIES		305,652	10,567	316,219	319,829
NET ASSETS		305,652	10,567	316,219	319,829
FUNDS	18
Unrestricted funds Restricted funds				305,652 10,567	310,064 9,765
TOTAL FUNDS				316,219	319,829

								31.12.20	31.12.19
Standing orders Other collections Gift Aid Outreach collections Donations Levies								E 24,505 6,113 7,115 3,680 931 11,250	E 24,858 7,349 8,150 5,977 2,440 11,250
								53,594	60,024
GENERATING	FUNDS
Fundraising events								31.12.20 f 388	31.12.19 E 533
INVESTMENT INCOME
								31.12.20	31.12.19
								E	E
Deposit account		interest						53	203
Investment gains		include	the	reinvestment		ofdividends	received.
INCOME FROM		CHARITABLE ACTIVITIES
								31.12.20	31.12.19
				Activity
Grants				Ministry	and	mission		6,058
Grants received,		included	in the above,		are	as follows:
Coronavirus Job Synod		Retention	Scheme					31.12.20 f 3,308 2,750	31.12.19 5
								6,058

OTHER INCOME
			31.12.20 f	31.12.19
Weddings Hall hiring Catering Sunday coffee Wednesdaylunches Drinks machine In Touch Church organisations VAT reclaims			1,230 28,054 122 126 37 535 540 1,988	57,602 56 663 486 190 908 1,881 868
			32,632	62,654
OTHER TRADING ACTIVITIES
			31.12.20 f	31.12.19 f
Catering expenses			46	82
CHARITABLE ACTIVITIES COSTS
		Direct	Support
		Costs (see	costs (see
		note 9) f	note 10) f	Totals
Ministry and mission Property		51,656 19,718	16,734 24,967	68,390 44,685
		71,374	41,701	113,075
DIRECT COSTS OF	CHARITABLE ACTIVITIES
			31.12.20 f	31.12.19
Central Maintenance Ministedal expenses Organist Christian education	and ministry		42,192 834 2,667 227	44,931 1,390 2,100 297
Outreach collections Wedding expenses Church flowers			3,680 1,055	6,530 33
Church maintenance Organ/Piano maintenance			18,954 575	13,986 791
Manse maintenance Donations			189 1,001	20,349
			71,374	90,407

SUPPORT COSTS	FOR THE	YEAR ENDED 31 DEC	EMBER 2020
		Premises	Administrative	Governance
Ministry and mission Property		costs E 24,967	costs f 14,420	costs E 2,314	Totals f 16,734 24,967
		24,967	14,420	2,314	41,701
				31.12.20	31.12.19
Premises Costs				E
Council tax
Insurance Electricity and gas charges Water charges Cleaning and sundry				6,968 8,466 634 8,899	6,189 10,471 591 9,144
				24,967	26,395
Administrative costs
Telephone and internet Sundries United Church Office Bookings officer Drinks machine Publications Stationery and subscriptions				476 758 6,750 4,800 350 1,286	833 655 6,750 4,800 80 1,200 1,239
				14,420	15,557
Governance Costs
Independent Examiner Synod Levy Investment management Bank charges	Fee fees			954 1,440 (80)	942 977 1,440 80
				2,314	3,439

The average monthly	number o	fempl	oyees during the year	was as follows:
					31.12.20	31.12.19
					2	2
No employees received emoluments			in excess of660,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL				ACTIVITIES
				Unrestricted	Restricted	Total
				funds 6	funds f	funds E
INCOME AND ENDOWMENTS		FROM
Donations and legacies				51,676	8,348	60,024
Generating funds					533	533
Investment income Other income				203 62,654		203 62,654
Total				114,533	8,881	123,414
EXPENDITURE ON
Cost ofgenerating	funds
Other trading activities				82		82
				82		82
Charitable activities
Ministry and mission Property				68,300 59,401	5,977 2,120	74,277 61,521
Total				127,783	8,097	135,880
Net gains on investments				39,318		39,318
NET INCOME				26,068	784	26,852
RECONCILIATION OF FUNDS
Total funds brought	forward			283,996	8,981	292,977
TOTAL FUNDS CARRIED FORWARD				310,064	9,765	319,829

DEBTORS:AMOUNTS FALLING DUE WITHIN ON	E YEAR
	31.12.20	31.12.19
Other debtors Gift Aid tax recoveries	E 6,861 2,261	6 8,654 2,214
	9,122	10,868

31.12.20	31.12.19
E	F
1,427	3,131

MOVEMENT IN FUND	S
				Net	Transfers
				movement	between	At
			At 1.1.20	in funds	funds	31.12.20
			E	E	E
Unrestricted funds
General fund Designated fund - Property Maintenance Designated fund - URC in Cheltenham			299,174 10,865 25	12,554 (16,966)	(14,000) 14,000	297,728 7,899 25
Restricted funds			310,064	(4,412)		305,652
Redevelopment funds URC in Cheltenham (P	Little)		8,764 1,001	1,803 (1,001)		10,567
			9,765	802		10,567
TOTAL FUNDS			319,829	(3,610)		316,219
Net movement in funds,	included	in the above are as follows:
			Incoming	Resources	Gains and	Movement
Unrestricted funds			resources E	expended F	losses f	in funds E
General fund Designated fund - Property Maintenance			85,254 1,988	(89,486) (18,954)	16,786	12,554 (16,966)
Restricted funds			87,242	(108,440)	16,786	(4,412)
Redevelopment funds Outreach special funds URC in Cheltenham (P Little)			1,803 3,680	(3,680) (1,001)		1,803 (1,001)
			5,483	(4,681)		802
TOTAL FUNDS			92,725	(113,121)	16,786	(3,610)

			Net	Transfers
			movement	between	At
		At 1.1.19	in funds	funds	31.12.19
Unrestricted funds		F	F	8	F
General fund Designated fund Designated fund	- Property Maintenance —URC in Cheltenham	275,759 8,212 25	57,415 (31,347)	(34,000) 34,000	299,174 10,865 25
Restricted funds		283,996	26,068		310,064
Redevelopment funds URC in Cheltenham (P Little)		7,980 1,001			8,764 1,001
		8,981	784		9,765
TOTAL FUNDS		292,977	26,852		319,829

Comparative net	movement in funds, included	in the above are	as follows:
		Incoming	Resources	Gains and	Movement
Unrestricted funds		resources f	expended 6	losses f	in funds F
General fund Designated fund	—Property Maintenance	113,665 868	(95,568) (32,215)	39,318	57,415 (31,347)
Restricted funds		114,533	(127,783)	39,318	26,068
Redevelopment Outreach special	funds funds	2,904 5,977	(2,120) (5,977)		784
		8,881	(8,097)		784
TOTAL FUNDS		123,414	(135,880)	39,318	26,852

				Net	Transfers
				movement	between	At
			At 1.1.19	in funds	funds	31.12.20
			6		8
Unrestricted funds
General fund Designated fund Designated fund	- Property —URC in	Maintenance Cheltenham	275,759 8,212 25	69,969 (48,313)	(48,000) 48,000	297,728 7,899 25
Restricted funds			283,996	21,656		305,652
Redevelopment funds URC in Cheftenham (P Little)			7,980 1,001	2,587 (1,001)		10,567
			8,981	1,586		10,567
TOTAL FUNDS			292,977	23,242		316,219

	Incoming	Resources	Gains and	Movement
Unrestricted funds	resources F	expended F	losses f	in funds F
General fund Designated fund - Property Maintenance	198,919 2,856	(185,054) (51,169)	56,104	69,969 (48,313)
Restricted funds	201,775	(236,223)	56,104	21,656
Redevelopment funds Outreach special funds URC in Cheltenham (P Little)	4,707 9,657	(2,120) (9,657) (1,001)		2,587 (1,001)
	14,364	(12,778)		1,586
TOTAL FUNDS	216,139	(249,001)	56,104	23,242