Charity No. 1134894 THE UNITED REFORMED CHURCH, BROADWAY WORCESTERSHIRE, CHARITY FINANCIAL STATEMENTS TO ST 31 DECEMBER 2024 CONTENTS Page Trustees Report Receipts and Payments Account Funds Statement Notes to the Financial Statements Independent Examiner's report 4-6
THE UNITED REFORMED CHURCH, BROADWAY, CHARITY TRUSTEES. REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 The Charity was registered on 12th March 2010 under Trusts distilled from The United Reformed Church Acts of Parliament(1971 and 1982) and the Scheme of Union. It took over responsibility for those assets of The United Reformed Church, Broadway not vested in other Trustees. The Charity number is 1134894, and the working name is Broadway URC. The address of the Church is 77 High Street, Broadway, Worcestershire, WR12 7AL The Trustees at 31st December 2024 were: Mrs M Watts, Mrs M.J. Tunwell, Rev. K Louch, Mrs C Browne, Mrs J Griffin and Mr C.D. Walters The Object of the Charity is the advancement of the Christian Faith for the benefit of the public, in accordan with the Scheme of Union of the United Refonned Church. The Church is part of the West Midlands Synod of the United Reformed Church, and its membership comes from Worcestershire and Gloucestershire. The Trustees are the same as the serving Elders of the Church and are elected by the Church Members at the Annual Church Meeting in March. Decisions are made by Church Meeting on recommendation from the Elders. The Church's Mission Statement is "To know Jesus better, and to make Him better known.. To this end the Church holds services each Sunday morning and at other times. Occasionally other types of service are held to attract those for whom fonnal worship is unattractive. We also hold programmes of study. There are mid-week activities for the elderly, focussing on wellbeing, and for those with mental issues and their carers. All of these are open to anyone who wishes to attend. Our financial position remains strong which is currently supported by the retention of rental income from the Manse and income from investments which have also increased in value over the year. Page 1
United Reformed Church Broadway Worcestershire Charity Receipts and Payments Account - Year Ended 31 st December 2024 Note Church Funds Other Funds Total 2024 Total 2023 Recei Offenngs'.- Freewill Loose Cash Tax Recovery Other Voluntary Gwing 19,007.60 1,949.70 5,450.28 289.81 19,CN)7.60 17,472.35 1,949.70 2,387.14 5,450.28 8,015.46 289.81 414.95 Donations and Legacies Investment Income Other ReIpts Manse Community Outreach Outreach Worker Emergency Fund Collections for Third Partses 1,000.00 7,862.78 4.296.90 1,000.00 5,000.00 9,615.54 8,784.01 4,296.90 5,474.92 27,000.00 26,859.58 4,056.14 3.246.03 1.752.76 27.000.00 4.056.14 346.87 2,190.34 346.67 2.190.34 755.77 787.00 11 Totsl Recei 39.857.07 35.345.91 75,202.98 79,197.21 ments Ministy and Mission Premises Other Costs Manse Community OLrtreach Outreach Worker Emergency Fund Collections for Third Parties 21,954.66 22,753.43 4,255.26 21.954.66 26,639.53 22,753.43 21.378.39 4,255.26 3.204.70 6.300.92 6,305.53 142.59 412.82 0.00 2,938.16 435.00 781.21 1,607.50 476.00 10 6,300.92 142.59 0.00 435.00 1,607.50 Total Pa ments 48,963.35 8,486.01 57,449.36 62,136.34 Excess of Recel ts over Pa ments -9,106.28 26.859.90 17,753.62 17,060.87 Page 2
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United Refornied Church Broadway Worcestershire Charity Notes to the Accounts for the Year to 31st December 2024 2024 2023 Other Voluntary Giving, Donations and Legacies Donations Legacies 289.81 1,000.00 1,289.81 414.95 5,000.00 5,414.95 Investment Income Church Funds Robson Bequest Dorothy Cox Bequest Other Funds Morris & Drury Activities Pilots Manse 7.862.78 7,312.21 414.50 258.21 232.12 847.93 9,615.54 373.88 211.52 190.19 696.21 8,784.01 Other Receipts Hall Hire Synod Contribution to Pulpit Supply fees Coffee Church Special Events 3,815.00 0.00 481.90 0.00 4.296.90 3,891.00 669.75 386.07 528.10 5,474.92 Manse Rental Income Council Tax Contribution 27,IX)O.00 0.00 27,000.00 26,699.32 160.26 26,859.58 Expenses Agents Fees Insurance Utilities whilst Vacant Repairs and Maintenance 3,440.00 911.16 0.00 1,949.76 6,300.92 3,791.92 0.00 182.78 2,330.83 6,305.53 Net Income 20.699.08 20,554.05 Community Outreach Receipts Look after yourself Threads Today is our day Table GameslGeneral 2.380.49 50.10 1,512.10 113.45 4,056.14 142.59 3,913.55 2,075.43 49.34 1,077.40 43.86 3,246.03 412.82 2,833.21 Less Expenses Outreach Worker Final costs accociated with Outreach Worker 2938.16 Page 4
Emergency Fund Receipts Payments Net Movement 346.67 435.00 -88.33 755.77 781.21 -25.44 Ministry and Mission Maintenance of the Ministry Pulpit Supply Organists Pastoral Expenses Special Church Event 17.688.00 1.101.45 1,087.50 1.883.96 193.75 21.954.66 23,304.00 1,255.80 761.25 453.33 865.15 26,639.53 Premises Insurance including Hall Light and Heat Repairs and Maintenance Water Rates Cleaning Gardening Capital Expenditure 2,470.70 8,526.92 1.988.07 230.64 3,516.00 1,332.50 4,688.60 22,753.43 2,329.36 9,214.42 3,107.05 167.33 3,293.00 1,595.20 1,672.03 21,378.39 10 Admin and Other Costs Licences Broadband Website Printing, Stationary & Computer Support Eco Expenditure Hall Supplies Bank Charges Miscellaneous 396.86 569.40 288.00 1,049.64 0.00 1,508.47 138.52 304.37 4,255.26 527.60 547.21 252.00 401.03 37.58 644.61 134.53 660.14 3.204.70 Collections On Behalf of Third Parties Receipts Evesham Street Pastors Broadway Food Bank St Basils (Christmas Collection) St Richard's Hospice (Mini Fete) Commitment for Lrfe Christian Aid West Mid Synod (Diaries and Prayer books) 165.65 15.00 10.00 0.00 0.00 286.00 476.00 462.84 626.41 120.00 749.50 65.94 2,190.34 787.00 Payments Evesham Street Pastors Broadway Food Bank St Basils (Christmas Collection) St Richard's Hospice (Mini Fete) Commitment for Life Christian Aid West Mid Synod (Diaries and Prayer books) 165.65 0.00 0.00 0.00 0.00 0.00 476.00 626.41 0.00 749.50 65.94 1,607.50 476.00 Page 5
THE UNITED REFORMED CHURCH BROADWAY WORCESTERSHIRE CHARITY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 TREASURER'S STATEMENT Accounting Policies.. a) Basis of Accounting The Accounts are presented on a cash basis rather than accruals. There are no significant transactions outstanding at the year end. b) Fund Accounting: Unrestricted funds are available for use at the discretion of the church in furtherance of its charitable objectives. Restricted Funds can only be used for the purpose for which they were given. The Emergency Fund, Pilots, Activities and Asylum Seekers are restricted funds. The Morris & Drury Fund can be used for general church purposes in so far as it is not needed to maintain the family graves in Broadway Churchyard. c) Tangible Fixed Assets Freehold property: The Trustees of the church and manse buildings are the URC West Midlands Synod Trust Company, who hold them on trust for purposes connected wrth Broadway URC. Expenditure incurred on the buildings is written off in the year it is spent, as is expenditure on furniture and other equipment. d) Incoming resources.. All voluntary giving is included in the financial statements for the period in which it is received. Donations under Gift Aid, the associated tax recovery, together with tax recovered under the Small Donation Scheme, are recognised as income when the donation or tax recovery is received. Legacies are accounted for when their receipt is certain and can be quantffied properly. All other income is generally recognised when rt is received. e) Resources expended.. The URC Ministry and Mission Fund contribution is paid monthly and is included in the financial statements for the year in which it is paid. Resources expended are recognised in the period in which they are spent and include attributable VAT which cannot be recovered. n Taxation The Charrty is exempt from taxation in respect of income and capital gains received to the extent that such income or gains are applied exclusively to the objectives of the Charity. We have prepared the financial statement on pages 2 to 6 for the year ended 31st Dember 2024 I S Tucker... Treasurer Trustee Date 14- ( Page 6
INDEPENDENT EXAMINER'S REPORT I report on the financial statements of The United Refonmed Church, Broadway, worsterShire, Charity (Charity No. 1134894) for the year ended 31st Dember 2024, which are set out on pages 1- The Trustees are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: -Examine the accounts under section 145 of the Charities Act. -To follow the prOdureS laid down in the general Directions given by the Charity Commission (under Section 145(5)(b) of the Charities Act) To state whether particular matters have come to rny attention. My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the Trustees conceming such matters. The procedures undertaken do not provide all the evidence that would be required in an audrt, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. In connection with my examination, no matter has come to my attention 1 . which gives me reasonable cause to believe that in, any material respect, the requirements to keep accounting records in accordan with section 130 of the Charities Act., - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed by the Independent Examiner P.B.Kerr Date PS ¢¥1 PBKerr 64 Bouncers Lane Prestbury Cheltenham GL52 5JN Page 7