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|Reference and Administrative
Details|||||
|Report ofthe Trustees||2|to|11|
|Independent
Examiner's|Report||12||
|Statement
of Financial|Activities||13||
|Balance Sheet|||14||
|Notes to the Financial Statements||15|to|24|
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|F|OR THE|YEAR EN|DED 31 DECE|MBER 2023|||
|---|---|---|---|---|---|---|
||||||31.12.23|31.12.22|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|6|8|f|F|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||46,402|14,725|61,127|103,917|
|Charitable
activities|||||||
|Ministry
and mission|||12,605||12,605||
|Generating
funds
Investment
income|||1,416|1,264|1,264
1,416|584
187|
|Other income|||70,744||70,744|61,303|
|Total|||131,167|15,989|147,156|165,991|
|EXPENDITURE ON|||||||
|Cost ofgenerating
funds
Other trading
activities|||186||186|79|
||||186||186|79|
|Charitable
activities||8|||||
|Ministry
and mission
Property|||100,475
42,477|7,305
9,999|107,780
52,476|82,221
45,958|
|Total|||143,138|17,304|160,442|128,258|
|Net gains/(losses)
on investments|||16,442||16,442|(40,889)|
|NET INCOME/(EXPENDITURE)|||4,471|(1,315)|3,156|(3,156)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds
brought
forward|||282,549|36,873|319,422|322,578|
|TOTAL FUNDS CARRIED FORWARD|||287,020|35,558|322,578|319,422|
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|||31 DEC|EMBER 2023||||
|---|---|---|---|---|---|---|
||||||31.12.23|31.12.22|
||||Unrestricted|Restncted|Total|Total|
|||Notes|funds
E|funds
6|funds
8|fundsf|
|FIXEDASSETS|||||||
|Investments||15|242,315||242,315|225,873|
|CURRENT ASSETS|||||||
|Debtors
Cash at bank and|in hand|16|13,841
35,943|1,469
35,202|15,310
71,145|34,825
73,814|
||||49,784|36,671|86,455|108,639|
|CREDITORS|||||||
|Amounts
falling due within one year||17|(5,079)|(1,113)|(6,192)|(15,090)|
|NET CURRENT ASSETS|||44,705|35,558|80,263|93,549|
|TOTAL ASSETS|LESS CURRENT||||||
|LIABILITIES|||287,020|35,558|322,578|319,422|
|NET ASSETS|||287,020|35,558|322,578|319,422|
|FUNDS||18|||||
|Unrestricted
funds|||||287,020|282,549|
|Restricted
funds|||||35,558|36,873|
|TOTALFUNDS|||||322,578|319,422|
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||||||||||31 12.23
6|31.12.22
f|
|---|---|---|---|---|---|---|---|---|---|---|
|Standing
orders|||||||||27,830|26,549|
|Other collections|||||||||6,270|12,237|
|Gift Aid|||||||||9,073|8,264|
|Outreach
collections|||||||||7,305|8,448|
|Donations|||||||||8,069|37,559|
|Levies|||||||||2,580|10,860|
||||||||||61,127|103,917|
|GENERATING|FUNDS||||||||||
||||||||||31.12.23
6|31.12.22
f|
|Fundraising
events|||||||||1,264|584|
|INVESTMENT INCOME|||||||||||
||||||||||31.12.23|31.12.22|
||||||||||F|6|
|Deposit account|interest||||||||1,416|187|
|Investment
gains||include||the|reinvestment||of dividends|received.|||
|INCOME FROM||CHARITABLE ACTIVITIES|||||||||
||||||||||31.1223|31.12.22|
||||||Activity||||f||
|Grants|||||Ministry|and mission|||12,605||
|Grants received,||included||in|the above, are as follows:||||||
||||||||||31.12.23|31.12.22|
||||||||||6||
|URC (West Midlands)|||Trust||||||12,250||
|Bennington
Hall|Trust||||||||355||
||||||||||12,605||
|OTHER INCOME|||||||||||
||||||||||31.12.23|31.12.22|
|||||||||||F|
|Weddings||||||||||670|
|Hall hiring|||||||||67,741|56,352|
|Sunday coffee
Church
organisations|||||||||626
115|357
170|
|VAT reclaims|||||||||1,800|1,484|
|Sundry
income|||||||||194|22|
|Insurance
claims||||||||||2,172|
|Token income for electricity|||||||||268|76|
||||||||||70,744|61,303|
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||OTHERTRADING A|CTIVITIES|||||
|---|---|---|---|---|---|---|
|.|||||31 12.23|31.12.22|
||||||F|f|
||Catering expenses||||186|79|
|.|CHARITABLE ACTIVITIES COSTS||||||
|||||Direct|Support||
|||||Costs (see|costs (see||
|||||note 9)
f|note 10)|Totals
F|
||Ministry
and mission
Property|||89,663
10,301|18,1'l7
42,175|107,780
52,476|
|||||99,964|60,292|160,256|
|9.|DIRECT COSTS OF|CHARITABLE|ACTIVITIES||31.12.23
f|31.12.22
f|
||Central
Maintenance
Ministerial
expenses
Organist
Christian
education|and ministry|||36,168
5,015
3,240
250|39,659
5,199
2,700
249|
||Outreach
collections||||7,685|9,053|
||Wedding
expenses
Church
maintenance||||31,773|379
10,973|
||Organ/Piano
maintenance
Manse maintenance||||415
5,419|702
510|
||Insurance
claims|||||2,272|
||Prestbury
Share of URCIC
Restoration
consultancy||||9,999|5,496|
||||||99,964|77,192|
|10.|SUPPORT COSTS||||||
||||Premises|Administrative|Governance||
||||costs
F|costs
f.|costs
f|Totals
f|
||Ministry
and mission
Property||42,175|16,947|1,170|18,117
42,175|
||||42,175|16,947|1,170|60,292|
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|||31.12.23|31.1222|
|---|---|---|---|
|||F|F|
|Premises Costs||||
|Council tax||1,856|1,562|
|Insurance||7,950|7,272|
|Electricity and gas charges
Water charges
Cleaning
and sundries
Architect Fees re Spire project||11,233
569
10,569
9,999|15,834
859
9,925|
|||42,176|35,452|
|Administrative
costs||||
|Telephone
and internet
Sundries||691
3,682|422
1,004|
|United
Church
Office|||6,750|
|Bookings officer
Bank and software charges
Finance administrator||5,790
217
4,381|4,804|
|Stationery
and subscriptions
Administrative
expenses||1,483
703|1,535|
|||16,947|14,515|
|Governance
Costs||||
|Independent
Examiner Fee||1,170|1,020|
|Investment
management|fees|||
|||1,170|1,020|
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||NOTES TO THE FINANCIAL STATEME
FOR THE YEAR ENDED 31 DECE|NOTES TO THE FINANCIAL STATEME
FOR THE YEAR ENDED 31 DECE|NTS -continued
MBER 2023|||
|---|---|---|---|---|---|
|13.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL||ACTIVITIES|||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||F|8||
||INCOME AND ENDOWMENTS|FROM||||
||Donations
and legacies||71,439|32,478|103,917|
||Generating
funds
Investment
income||187|584|584
187|
||Other income||61,303||61,303|
||Total||132,929|33,062|165,991|
||EXPENDITURE ON|||||
||Cost of generating
funds
Other trading
activities||79||79|
||||79||79|
||Charitable
activities|||||
||Ministry
and mission
Property||73,773
45,958|8,448|82,221
45,958|
||Total||119,810|8,448|128,258|
||Net gains/(losses)
on investments||(40,889)||(40,889)|
||NET INCOME/(EXPENDITURE)||(27,770)|24,614|(3,156)|
||RECONCILIATION
OF FUNDS|||||
||Total funds brought
forward||310,319|12,259|322,578|
||TOTAL FUNDS CARRIED FORWARD||282,549|36,873|319,422|
|14.|TANGIBLE FIXEDASSETS|||||
||||||Freehold|
||||||property|
||||||8|
||COST|||||
||At 1 January 2023 and
31 December 2023||||182,174|
||DEPRECIATION|||||
||At 1 January 2023 and
31 December 2023||||182,174|
||NET BOOK VALUE|||||
||At 31 December 2023|||||
||At 31 December 2022|||||
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|FIXED ASSET INVESTMENTS||
|---|---|
||Listed|
||investments|
||6|
|MARKET VALUE||
|At 1 January 2023
Revaluations|225,873
16,442|
|At 31 December 2023|242,315|
|NET BOOK VALUE||
|At 31 December 2023|242,315|
|At 31 December 2022|225,873|
||||Listed|
|---|---|---|---|
||||investments|
|Valuation|in|2018|18,366|
|Valuation|in|2019|39,318|
|Valuation|in|2020|16,786|
|Valuation|in|2021|2,292|
|Valuation|in|2022|(40,889)|
|Valuation|in|2023|16,442|
|Cost|||190,000|
||||242,315|
|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||31.12.23
f|31.12.22|
|Other debtors||11,668|32,235|
|Gift Aid tax recoveries||3,642|2,590|
|||15,310|34,825|
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|.|||||31.12.23|31.12.22|
|---|---|---|---|---|---|---|
||||||6|F|
||Accrued expenses||||6,192|15,090|
|18.|MOVEMENT
IN|FUNDS|||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.1.23
E|in funds
E|funds
f|31.1223
f|
||Unrestricted
funds||||||
||General
fund||280,410|27,310|(22,000)|285,720|
||Designated
fund
Maintenance
Designated
fund|- Property
- URC in Cheltenham|346
1,793|(21,859)
(980)|22,000|487
813|
||||282,549|4,471||287,020|
||Restricted funds||||||
||Redevelopment
WH Roof Fund|funds|16,873
20,000|(1,315)||15,558
20,000|
||||36,873|(1,315)||35,558|
||TOTAL FUNDS||319,422|3,156||322,578|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|||||E|6|F|
|Unrestricted
funds
General
fund|||117,117|(106,249)|16,442|27,310|
|Designated
Maintenance|fund|—Property|14,050|(35,909)||(21,859)|
|Designated|fund|- URC in Cheltenham||(980)||(980)|
||||131,167|(143,138)|16,442|4,471|
|Restricted|funds||||||
|Redevelopment
Outreach
special||funds
funds|8,684
7,305|(9,999)
(7,305)||(1,315)|
||||15,989|(17,304)||(1,315)|
|TOTAL FUNDS|||147,156|(160,442)|16,442|3,156|
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|Comparatives
f|or moveme|nt
in fund|s|||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.1.22
6|in funds
f|funds
E|31.12.22
6|
|Unrestricted
funds||||||||
|General
fund||||304,290|(19,319)|(8,150)|276,821|
|Designated
fund
Maintenance|- Property|||3,991|(8,206)|8,150|3,935|
|Designated
fund|—URC in Cheltenham|||2,038|(245)||1,793|
|||||310,319|(27,770)||282,549|
|Restricted funds||||||||
|Redevelopment
WH Roof Fund|funds|||12,259|4,614
20,000||16,873
20,000|
|||||12,259|24,614||36,873|
|TOTAL FUNDS||||322,578|(3,156)||319,422|
|Comparative
net|movement|in funds,|included|in the above|are as follows:|||
|||||Incoming|Resources|Gains and|Movement|
|||||resources
f|expended
6|losses
8|in funds
E|
|Unrestricted
funds||||||||
|General
fund||||129,273|(107,703)|(40,889)|(19,319)|
|Designated
fund
Maintenance|—Property|||3,656|(11,862)||(8,206)|
|Designated
fund|- URC in|Cheltenham|||(245)||(245)|
|||||132,929|(119,810)|(40,889)|(27,770)|
|Restricted
funds||||||||
|Redevelopment|funds|||4,614|||4,614|
|Outreach
special funds
WH Roof Fund||||8,448
20,000|(8,448)||20,000|
|||||33,062|(8,448)||24,614|
|TOTAL FUNDS||||165,991|(128,258)|(40,889)|(3,156)|
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|A current|year 1|2|months
|and prior year 1|2 months
combin|ed|position
is as|follows:|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Net|Transfers|||
|||||||movement||between|At||
||||||At 1.1.22||in funds|funds|31.12.23||
||||||8||F|f|E||
|Unrestricted
funds|||||||||||
|General
fund|||||304,290||7,991|(30,150)|282,131||
|Designated|fund|—Property|||||||||
|Maintenance|||||3,991||(30,065)|30,150|4,076||
|Designated|fund|- URC in||Cheltenham|2,038||(1,225)||813||
||||||310,319||(23,299)||287,020||
|Restricted|funds||||||||||
|Redevelopment||funds|||12,259||3,299||15,558||
|WH Roof|Fund||||||20,000||20,000||
||||||12,259||23,299||35,558||
|TOTAL FUNDS|||||322,578||||322,578||
|A current|year 12||months|and prior year 12 months
combined|||net movement|in funds,|included
in|t|
|above are|as follows:||||||||||
||||||Incoming|Resources||Gains and|Movement||
||||||resources||expended|losses|in funds||
||||||||F|8|8||
|Unrestricted
funds|||||||||||
|General
fund|||||246,390|(213,952)||(24,447)|7,991||
|Designated|fund|—Property|||||||||
|Maintenance|||||17,706||(47,771)||(30,065)||
|Designated|fund|- URC in||Cheltenham|||(1,225)||(1,225)||
||||||264,096|(262,948)||(24,447)|(23,299)||
|Restricted|funds||||||||||
|Redevelopment||funds|||13,298||(9,999)||3,299||
|Outreach|special||funds||15,753||(15,753)||||
|WH Roof|Fund||||20,000||||20,000||
||||||49,051||(25,752)||23,299||
|TOTAL FUNDS|||||313,147|(288,700)||(24,447)|||
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