REGISTERED CHARITY NUMBER: 1135273 Report of the Trustees and Unaudit&d Financial Statements for the Yèar Ended 31 D¢¢emb&r 2023 for German Speaking Lutheran Church in East Anglia Geoff Mann FCIE Geoff Mann Ltd Dee House Highworth Avenue Cambridge
Gemian-speaking Lutheran Church in East Anglra Financial Statements for the year ended 31 December 2023 Contents and Charrty Inforniation Contents PAGE Report of the Trustees 1to8 Independent Examinerfs Report Statement of Financial Activities 10 Balance Sheet 11 Notes to the Finandal Statements 12to16 Detsiled Statement of Financial Activities 17to18 Trusteos Dr B Becker Mrs B Ewald Mrs B Finger-Bery Dr G Goldbeck Mrs S Guly Mrs S K Hathaway Miss M Long51aff Mr A C Emer50n-Moring Mrs H O'Kane Rev K Othmer Mrs D Rose Dr P Schutz (from 14 January 20231 (from 24 Febwary 20231 (until 17 June 20231 Principal Address Shaftesbury House 4 Shaftesbury Road Cambridge CB2 8BW Charity Registration Number 1135273 Independent Examiner Geoff Mann FCIE Geoff Mann Limited Dee House Highworth Avenue Cambridge CB4 28Q Bankers Bank fur Kirche und Diakonie, Dortmund Barclays Bank Plc, Leicester HSBC Bank. Billericay, Essex Schroder & Cts Ltd, London
Germanspeaking Lutheran Chur¢h in East Anglia Pag& 1 Financial Statements for the year ended 31 December 2023 Rèport of the Trustees The Iruslees present their report and the finan¢ial statements for the year ended 31 December 2023. The financial slalemenls comply wth th8 Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their financial slalerllents in ac¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} (effective 1 January 2019) Statèmènt of TrLkStees' Responsibilities Charity13w requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the church and of the surplus or deficit ol the church lor that year. In pfftparing those fi'nancial slatemenls, the trustees are required lo.. Select suitable accounting policies and apply them consistently. Make judgements and eslimales that are reasonable and prudent. Prepare the financial 51alements on the going concern basis unless (( is inappropriate to presume that the church will continue in business. Observe the methods and principals of the Charities SORP. The trustees are responsibl& for keeping proper accounting records which disclose with reasonable accuracy at any lime, the financial position of the church and lo enable them to ensure that the financial statements comply with the Chari116s Act 2011. They are also responsible for $8feguardin9 the assets of the church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Objectivitiès and Activities Objectlve$, Organisations and AGtivitiès The objective for which this Charity has been established is the advancement of the Christian religion. This is achieved primarily by providing church s$rvices, pasloral care and other related activities for German speaking Protestant Christians The ¢hurch is a member of the Synod of German-speaking Lutheran. Reformed and United Congregations in Great Britain, referred lo as'The Synod.. Public Benefit The trustees have considered the Charity Commission's guidance on public benefit and. in particular, the spe¢ifi¢ guidance on charities for Ihe advancement of ligIOn., enabling ordinary peop lo live out their faith through the church's activities.
German-speaking Lutheran Chur¢h in East Anglia Page 2 Financial Statements for the year ended 31 December 2023 Report of the Trustees Achlevements and PerformanGe Charitablè Activities, Achievèmènts and Perforniance The trustees (also referred to as 'Church Council. IKirchenvorslandl 8re pleased lo report that, during the year 2023, in many diverse ways, our church actrlieS have positively engaged wth people and enabled them lo discover and lo grow in farth and experience and share in Christian fellowship. Our church has undertaken and supported a wide range of church activities. These were, for example, regularly held church services and Bible Studies, as well as many pastoral home visits, which are increasingly e$S1(ated by the advancing age and decreasing mobility of several of the church members. For the most part the abov8 t(>ok place In-person in our 5 East Anglian dislricls.. Cambridge. Norwich, Ipswich, Bury Sl Edmunds and in Essex. Each of the Conuregalions in the 5 dislricls high values belonging lo 8 German-speaking Christian Ghurch community as well as being a bastr fr()m which lo reach out and care ftsr the spiritual and emotion81 wellbeing of their fellow members, guests and visitors and their local ecumenical contacts. Apart from meeting in-person. members of the East Anglian congregations Ilogelher with guest$ from further afield) met in weekly online devotional times during Lent and Advent and on other special occasions in the Church year. Members also enjoyed taking part in several UK-wide online chur¢h services that were prepared by the constituent members of the Synod under which the Geman-speaking Protestant Congregations (such as our chur¢hl are united in Great Britain. The above mentioned church serwces. Bible studies and pastoral vi51ts are only a part of the wide range of actmlies, thought of. developed and undertaken by our current Pastor. Kerslin Othmer. However, they are frequently carried out and piovided in cooperation thqth dedicated volunteers from church who assist with their skills, talents, spiritual input, insight and local knowledge. Highlights in the Year 2023 Events for and by all the generntions The annual congregational residential weekend, held on 23 - 25 Jvne al the Christian Conference Cenlre, The Plea5ance, Overstand next lo a beautiful Norfolk beach.was a resounding success with its intergenerational allendèÈs albeit with a smaller number of attendees than in previou5 years. Al the church's Summer Fete Isommerfesll in July we celebrated 60 years of the chur¢h being in the German Church House in CaMbrid98. It was rounded off wf(h a very enioyable and highly professional music concert. A barbeque at the end of the summer school holidays.
German-speaking Lutheran Church in East Anglia Page 3 Financlal Statements for the year ended 31 December 2023 Report of the Trustees The popular, inlergeneralional St Martin'5 Day Festival in November was again attended by approximately 75 people. 11 attracts non church and unchurched people from Cambridge and beyond, alongside regular church members and included a puppet show and a lantern procession. 24 people travelled to Thetford Forest to gather pine tree branches that were allocated to them by the local foresliy officer and then having 53 people, including many children, work this greenery into Advent wreaths the following day- both being wonderful community activrties that generate good conversation and fellowship An Advent Market (Adventsbasar), while providin9 members with much loved opportunities lo celebrate amd socialise within a Geman-speaking cullural context, this also attracts guests wilh no formal links to the church and leads lo enhanced lnlercuural understanding The church has a spacious rear graden at the Church House in Cambridge. This proves lo be immenseley useful and is appreciated by all its users. Furtherrnore, the garden atlracls use by community and neighbourhood groups. For example. a IrKal nursery rents the space for outdoor play on weekday mornings. In November, the church has been registered with the Eco Church Initiative. This is 'A Rocha UK'S award scheme for churches in England and Wales who want to demonstrate that the Gospel is go¢xl news for God's earth,. Many aspects of our church life were assessed against the E¢0 Chur¢h catalogue of green credentials. Areas have been identified for future development. Children's and young people's ¢hur¢h work During school term lime, a dedicated team of volunteers have led Children's Church (Kindergottesdienstl in Cambridge. Children's Chur¢h normally runs parallel with a joint start wrth the rttgular ¢hurch services, unless there is alieady another children's event going to take place in church that day eg Sl Martin's Day Cttlebration. The leam meets every 2-3 months, for training, support and planning and alongside have also developed into a network providing personal support for each other. A confirmation group of 4 young people completéd their year long prepara110n course leading lo their Confirmation on 16 July at an extremely well attended service. which look place in the sunny garden of the Cambridge Church House. Integrated into the conlirrration group are young differently abled people or with challenges. In September a new group of 3 young people from East Anglia started preparation classes for Confirmation. It includes very creative leaching and fun time. On occasions, this Is spent jointly with the young people who are also preparing for Confirmalion and are based In the congregations of London East. The combined classes are expertly and jointly led by Paslorin Silke Halfmann (London East) and Pastorin Kerstin Othmer (Easl Anglial.
Gernianpeaking Lutheran Church In East Anglia Page 4 Financial Statements for the year endèd 31 December 2023 Report of the Trustees Internships and visitors The Church Council and the congreuation are very grateful to Iwo young women. Johanna Loheide ISeptembeT 2022 to March 20231 and Charlolle Fischer (September to Decerllber 20231, who have Ljndertaken internships in the work of our church. They ¢ontribuled and enriched the lrfe of the church in many ways, worked very competently and were great in building mutual connections lo the young people in the ¢hur¢h. We also welcomed Martha Kloss, and Friederike Hallel. both students Of Theology each visiting the church for a mDnth. They were inspiring and brought fresh perspectives lo the chur¢h life. Paslorin Kerslin Othmer provided extensive and valuable practical and Iheologi¢al guidance and professional development for these four young women. During the year our church had visits of individuals, but also of groups. Both are an invaluable resource to ¢onnecl, explore and learn with other5 about the Christian faith. and gain a mutLJal understanding. A 3 day visit of members of the leadership learn of the German Protestant parish Boxhagenlslrahlau in Berlin Fnedrichshain, in March A 3 day visit of the Concert and Church Choir Dortmund Aplerbeck A group of teachers who work for the Inslilule for Pedagogical-Theological Education in Hamburg visited in September In conjunction with Weslcoll House (Anglican Church Theological College in Cambridge), a group of trainees at the Prolestanl Church Preacher5 Seminary in Willenberg with their teacher, Pfarrer Oliver Fischer. visited in O¢tobeT. Actlvltles across Great Britain Through her untiring commitment lo Iheologi¢al education for children and young people and training for lay readers. Paslorin Kerslin Olhmer conlribulÈs andlor leads on a number of national and intemalional a¢tivilies and follDWS these up wlh their allendees. Commissioned by the Synod, Paslorin Olhmer held face lo face and online educalionltraining weekend covrses.. al for lay readers IPradikanlenJinnenl from across Great Britain, and bl for people engaged in conducting Children's Church in their respective congregations.
GermanpeakIng Lutheran Church in East Anglia Pagè S Financial Ststements for the year ended 31 December 2023 Report of the Trustees Hands on collaboration on theological projects with her fellow pastors from the Synod. Ecumenically active by participating in and supporting local Christian Networks. Commullicatlon Throughout 2023. members and friends of our chuich have received four Church Newsletters IGemeindebriefj either digiially or by post, depending on their preference Other ways of disseminating infomalion and news about and from the ¢hurch (spiritual and pra¢lical news, regular and special activitieslevenls and about ils peoplel lakes pla¢e via the church's website, via monthly digital letters sent out by Paslorin Olhmer and to a lesser extent via social media. Meetings of the Board of Trustees Ichurch Council {Kirchenvorstand}I During the year 2023 the Chur¢h Council n*t 10 timès. This frequency helps the trustee5 10 ensure that church management can be planned and maintained effectively. Apart from a wekend meeting held in person al the Church House in Cambridge in February 2023. the Church Council has continuèd lo hold its meetings online. Thi5 saves considerable time for travel for many ol the allendees. Furth$rmor6. it helps the trustees in their aim lo redu the church's carbon foolprinl. The church AGM took place online on 18 June 2023. At the AGM a new Church Council was elected for a 3 year period. The church has continued lo provide both traditional and new forms of church services, including exciting events for children. families and all ages. With shared worship and prayers, bible meetings, music and spiritual support for people across th6 region and giving pastoral care lo people in need al limes of hardship. anxiety, isolation, illness or bereavement. Th& Church Council would like to thank Pastorin Othmer for all that was achieved in 2023. for her spiritual guidance, Imagination and energy, hard work and in mak1ng sure that new solutions could be used as well as traditional ones in all areas of the practical and spiritual life of the church, ils members, and Geman-speaking people in East Anglia. Her work in the church ministry was supported and enhanced by many volunteers, Chur¢h Council members. children's team. lay preachers. newslttller t8am and many members of the congregations across the region, and all of these people deserve equal thanks for all their time and hard work given to the church, lo enable people lo live out their faith through the church's activities. Barbara Bolradi-Bullman, IrÈasLJrer of our church from 2005 10 2023. deserves a particular mention he. Her quiet. compelenl and thorough day lo day management of the complex church finances has been immeasurably valuable and will be a diffi¢ull act lo follow. Since October there is a transition of her many tasks to a finance team of 3 members.
Gemian-speaking Luthèran Church in East Anglia Page 6 Financial Statements for the year ènded 31 December 2023 Report of the Trustees Financlal Review General The trustees acknowledge with grateful thanks the tremendous commitment of church members, from whom the annual conlribulions. collections. general donations and donations for spe¢ific church items, reached a total of £50,072.12022'.£38,1311. Gift Aid claimed this year brought an additional £7,55512022'.£6,6381. Total investment income brought a return of £19,223 being slighly more than the previous year12022".£19.0721 The Pastor's Discretionary Fund which has been available for the PaslorlPaslorin lo give financial help in individual cases of any hardship. During 2023 it Was not used and therefore £295 was still available al the year end. During 2024 the Iruslees will decide whether any new allocation could be made toward5 this fund. Early in 2023 the church received a generous grant of £1.673 from the Evangelische Kirch¢ Deulschland IEKDI to support the costs of a special b0 day Church Council meèting in February 2023, with an exlemal facililalor, lo consider all options of future church planning Zukunftsperspekliven. The church also received a grant of £250 from the Synod towards the costs ol this special futurè planning rneeling of the Church Council in February 2023. With thanks the church also received further grants from the Synod during 2023 arising from the Kaiser Wilhelm11 IKWIII Fund. The first was £2,200 to support general activities including church services and the second was £2,540 to help with the costs of 11 specific chLJrch adivilies. This included the 3 traditional activities of thè congregational weekendheld at Overslrand In 2023, aclivites of the Confim3ti()n group and the Sl Martin's Day events in November 2023. A5 mèntioned, 8 new a¢livilies were supported. which was a welcome and refreshing developtrEnl. Based on the accounts deficit in 2022, the church applied lo the Synod for a reduction in the Synod ContTibution amounl for 2023, which was granted towards the end of the year by reducing the amount from the original figure of £58,000 to £55,000. The special 2 day meeting held in Fèbruary had highlighted the fact that in total over the last two years the church had withdrawn £20.000 from reserves (both general and restrcted endowmenll and wilhoul any new plans fDr in¢oMe generation this negative trend would ¢onlinue and indeed the budget for 2023. based on the year before, predicted a large defi¢il lor the year end. Potential options for the future sustainability of the church were discussed and detailed in subsequent work by Church Council members. Two important a¢tion5 were planned in February, Ihis being firstly to talk wlh church members at all services and events, including small groups at the AGM about the options lacing the church if income Gould not be increased, and secondly by means of a personal leller sent out in early December on behalf of the Church Council appealing for funds. and for church membership conlribulions. The response lo both of thèse actlDns has been astounding, and very much appreciated.
German-speaking Lutheran Church in East Anglia Pag& 7 Financial Stataménts for the year ended 31 December 2023 Report of the Truste8S Restricted Endowment Fund This fund is part of the Asset Tiansfer Agreemenl which became effective on 31 May 2013. when the former churches. each one a separate charity, merged to become one church and one single charity. The value of the fund is shown in a separate Endowment Fund column, and can be used for the purposes described in the Letters Patent of Charles 11, dated 13 September 1672, namely that the Fund's income can be spent in accordance with the church's general charilable purpos8s. but the Fund's capital should be invested to 9enerate income, and after careful consideration by the trustees, the capital should only ever be spent on projects that involve the construction, maintenance or improvement of buildings used by the German-speaking Lutheran Church for purposes which fall within the trusts set out in the Letters Patent. During 2023 there were no withdrawals from the Restricted Endtswment Fund. Reserves policy The trustees are aware of the general legal duty to apply charitable funds within 8 reasonable b.me of receiving them. Those reserves that are not part of the Restricted Endowment Fund are shown on page 11 a5 Unrestricted Funds (General Fund and Designated Fund for new vehicle) and Restricted Funds (Synod Contribution io Pastorfs Salary Reserve Fund). The amount In the designated fund for a new vehicle is decided by annual review of the Itusteas as part of the Unrestricted Funds. At the year end, the trustees decided that the v8hiclè fund should have no addition this year, and therefore remain at £2.000 al 31 D6cember 2023. The amount in the Re3lrided Fund is not decided by the trtJ8tees. but has been stipulated by the Synod to be 8 minimum of £60,000 as a reserve for the purpose ol contribution to the Synod for the Pastorf5 salary. The investment growlh ft>r thi5 amount Is added to the fund. The total Unrestricted Funds available on 31 December 2023 was £70.933 which is SLJfficient to cover 8 months ol expenditure. This is higher than at the year end 20221£60.1471 due to the very welcome increase in funds from donation$ and church members, contribub.ons dijring 2023. Invesknent policy and oblectives Part of the income of the charity is derived from its investments. The investment manage¢s objecbve is to maximise tolal return with due regard for risk, wth an ethical and responsible investment portfolio and to report regularly via the Treasurer to the trustees. The trustees remain commitled to a lon9 term investment policy aiming to protect the real capital value whilst generating a sustainable level tsf income to fund current expenditure. Structure, Governance and Management Governing Document The church is controlled by it5 governing document, a deed of Èrust, and is constituted as an unincorporated charity. Since 1 June 2013. two churches have merged to becx)rne one. as one single ¢harily. wth a new name. This sectitsn summarises where the details can be found as Ihey have applied to èach of the two individual churches until 31 May 2013. and describes the structure a5 It is for the new merged charity.
GerManpeakIng Lutheran church in East Anglla Page 8 Finan¢lal Statements for the year ended 31 December 2023 Report of th• Trustees German Lutheran Church in Cambridgtr and East Anglia (Reg Charity No 11352731 The slruclure. gc>vernance and management were sel out in the constitution dated 11 November 2009. which replaced the previous conslilulion of 15 March 1964. The ¢hur¢h was founded on 2 December 1956, and the pastoral office was established on 1 May 1959. Trust Property and Fund5 administered in connectlon with the Gernian Lutheran Church Iknown as thè Hamburg Lutheran Church) at Dalston IReg Charlty No 251121 prior to amalyamation on 31 May 20131 The legal basis of the church. which was founded in 1669, Is the Charter granted by King Charles 11 on 13 September 1672. The congregation has been mainly German-speaking Pioleslanl Christians living in th& ¢ounly of Essex. The church building was formerly located in Rilson Road. Dalslon. London E8 but was sold in Novembei 1982. and thereafter services were held in various churches throughout Essex. Furthttr details concerning the charity LJP to 31 May 2013 can be requested al any b'me from the new merged charity. German-speaking Lutheran Church in East Anglla Ifomierty German Lutheran Church In Cambridge & East Anglia and Hamburg Lutheran Church) IReg Charity No 11352731 The structure, govemance and management are sel out in the constitution dated 11 November 2009, as amènded on 18 May 2013. and as amended on 27 Junè 2021. The last amendment to the constitution was approved by the AGM on 12 June 2022 and notified lo the Gharity Commission. For bellei transparency. the Church Council has compiled the various aspects of ils finan¢ial managamenl into onè new document, the Internal Financial Control Policy. The fin81 version is lo be approved in February 2024. Since 15 December 2020, the pmperty and land of Church House. 4 Shaftesbury Road, Cambridge, CB2 88W has been vested in the Official Custodian for Charities on behalf of the trusl&es of the German-speaking Lutheran Church in East Anglia. The financial slaterrEnts were approved by the Iruslees on 5 June 2024 and signed on their bèhalf. Mrs H O'Kane Trustee Dr G Goldbeck Tru51ee
German-Sp8aking Lutheran Church in East Anglia Page 9 Flnanclal Ststements for the year ended 31 December 2023 Independent Examiner's Report To the Trustees of German-speaking Lutheran Church in East An91ia I report to the trustees on my èxamination of the financial statements of the church for the year ended 31 December 2023 which comprise the slalemenl of financial aclivilies, the balance sheet and the related notes. Respective Responsibilities of the Trustees and the Examlner As the church's Iruslees you are responsible for the preparation of the financial statements in accordance TA4lh the réquirem6nls of Ihe Charities Acts 2011 1.the Act l. I report in respect of my examination ol your church's financial slalemen15 carried out under Section 145 of the Act, and in carrying out my examination I have followed the appli¢able directions given by the Chaiily Commission under section 1451511bl of the Act. Independent Examlnerfs Report I have completed my examination. I confirrll that no material Mallers have come to my attention in connection with the examination giving mè cause to believe that in any material respect.. the a¢¢ounting records were not kept In respect of the church as required by seckn'on 130 ol the Act., or the financial ststem¢nts do not accord with those records.. or the financial statements do not comply with the appli¢able requir$ments concerning the form and content of financial statements sel out in the Charities (Accounts and Reports) Regulations 2008 olhei than any Tequirement that the financial stalements give a true and fairf view which is not a matter considered as part of an independent examination I have no conGerns and have come across no Dlher matters in connection with the examination lo which allenlion should be brought in this report in older to enable a proper understanding of the financial statements lo be reached. Geoff Mann F Geoff Mann Ltd Dee House Highworth Avenue Cambridge
Gèmian-speaking Lutheran Church in East Anglia Page10 Flnaneial Statements for the year enrJ•d 31 December 2023 Statement of Financlal Actlvlties 2023 Total fvnds 2022 Tg131 funds Unrestricted Reslricled Endowment fund5 fun(Js funds Notes Income and Endowm•nts from Donations and legaaes Investments Other 66.627 19,223 27,831 66,627 19,223 27,831 47.714 19,072 24,089 Total 113.$81 113,681 90,875 Expenditure on Church activities 104.779 104.779 108,284 Total 104.779 104.779 108,284 Nel gainslllossesl on investments 1.884 1,470 8,638 11,992 -51,479 Net IncomellExpenditurel 10.786 1.470 8,638 20.894 -68,888 Transfers between funds 1{hl Net Movement In Funds 10.786 1,470 8,638 20,894 48,888 Rèconciliation of Funds Total Funds Brought Fotward 60.147 61.971 349.692 471.810 540,698 Total Funds Carrièd Fotward 70,933 63.441 358.330 492.704 471.810 statoment of Total Recognised Gains and Losses There were no recognised gains losses lor 2023 or 2022 other than those included in the Statement of Financial Activities
German-speaklng Lutheran Church in East Anglia Page11 Flnanclal Statements for the year ended 31 December 2023 Balance Sheèt 2023 2022 Notes Flxèd Assets Tangible assets Investments 6,684 456.427 10.026 445,372 Toial fixed assets 463.111 455,398 Curront Assets Debtors Cash al bank 7.55S 24,083 6,889 12,818 Total Current Assets 31,638 19,507 Creditors". amounts falling due within one year 2.045 3,095 Net Current Assets 29,S93 16.412 Net Assets 492,704 471,810 The Funds of the Charity Unrestricted Funds General fund Designated fund lor new vehicle 68,933 2,000 58,147 2.000 70,933 63.441 358,330 6D.147 61,971 349,692 Restricted Funds Endowment Funds Paslorfs salary serve fund Endowed investments Total Charity Funds 492,704 471,810 The financial ststements were approved by the trustees on 5. June 2024 and signed on their beha. Mrs H O'Kane Trustee Dr G Goldbeck Trustee
Gem7an-Speaking Lutheran Church in East Anylia Page 12 Financial Statements for the year ended 31 December 2023 Notes to the accounts Accounting Pollcles lal Basis of Preparation of the Accounts The accounts have betsn prepared in accordance with A¢¢ounling 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 IFRS 1021 (Effective 1 January 20191- Icharilies SORP IFRS 1021}, the financial reporting standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. German Speaking Lutheran Church in East Anglia meets the definition of a public benefit entity under FRS 102. Assets and liabilitie5 are initially recognised al historical cost or transaction value LJnle55 otherwise slated in the ielevanl accounting policy nolelsl. The Iruslees consider that there are no matèrial un¢ertainlies about the charity's ability lo continue as a going COnrn. The Iruslees do not consider that there are any sour¢es of eslimalion uncertainly al the reporting date that have a significant risk of Causing a material adjuslmenl to the carrying amounts of assets and liabilities within the next reporting pericKI. bl Income All income is recognised In the Slalement of Financial Activities once the charity has entillemenl lo the funds, it is probable that the income will be received and the amount can be measured reliably. Ic} Expenditure Liabilities are recognisecl as expenditure as soon as there is a legal oi conslruclive obligation ¢ommilling the charity lo that expenditure. it is probable that a transfer of economic benefits will be requited in settlement and the arnounl ol the obligation can be measured reliab. Expenditure is aGcounted for on an accrua15 basis and has been classified under headings that aggregate all Gosl related lo the category. Where costs cannot be directly allribLJted lo particular headings they have been allocated to activities on a basis consistenel with the use of resources. (d} Tangiblè Fixed Assets Depre¢ialion is provided on all tangible fixed assets 81 rates calculated lo write off the Cost less estimated residual value of each 8ssel over ils expe¢ted useful lrfe as follows.. Motor vehicles 20.fi straight line bas15
Gemian-speaking Lutheran Church in East Anglia Page 13 Financial Statements for the year ended 31 December 2023 Notes to the accounts Fixed Asset Inv&stments Investments are staled al market vallLJe at the balance sheet dale giving rise lo unrealised gains or losses which are taken into the Slalement of Financial Aclivilies. Realised gains and losses are shown separalety in the Stataemenl of Financial Activities calculated as the difference between proceeds and historic cost. Investment income and its lax rel8ted credrt are taken Into account on a re¢eivable basis. ifj Debtors Trade debtors and othèr debtors are recognised at their seluement amount due after any trade discount offered. Prepaymènts are valued al the amount prepaid net of any trade discount due. Igl Creditors and Provlsions Cred11ors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds lo a third party and the amount due lo settle the obligation can be measured or estimated reliably. Creditors and provisions are normally reGognised al their selllemenl amount after allowng for any trade dis¢ounts due. h) Fund Accounting Unrestricted funds are available lo spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to sel aside to use for a specific purpose. Reslri¢ted funds are donations which the donor has specified are to be solely used for particular areas of th¢ charity's work or for specific projects being undertaken by the ¢harity. Endowment funds are donated with the Intention of their bein9 used in perpeluily. The endowment fund was created wth a transfer of assets from the Hamburg Lutheran Church in 2013 and continues to be administered in accoidan¢e with its original purpose, which is lo generate income from managed investments that is to be spent on continuing the charitable objectives of the church. The Iru5tees are. as part of furthering Charitable objectives, enlilled to spend the underlying apilal for projects that involve the conslruclion, maintenance or improvement of buildings used by the church for the purpose of their charitable aims. Foreign Currencies Assets and liabilities in foreign currencies are Iranslatred into sterling al the rates of exchange ruling at the slalement ol financial position date Transactions in foreign ¢urrencies ale translatèd into sterling al the rate of exchaange ruling at the dale of transaction. Exchange drfferenGes are iaken into account in arriving at the operating result.
Gernlanpeak1ng Lutheran Church In East Anglia Page 14 Financial Statements for the year ended 31 December 2023 Notès to the account$ Other Income 2023 2022 Bazaars, sales, sommerfesl ele Collections for charities Other income Rental income Weekend retreat 3,873 2,682 2.561 15,711 3.004 2,957 3,113 2,051 13,466 2,502 27,831 24,089 Staff Costs The Geman Church Pastor was paid direct by the Synod of German Speaking Lulheian, Reformed and United Congregations in Great Britain, of which the church's conlribuliDn is £55,00012022 £57,500) Trustèès, Remuneration and Benefits There were no trustees. remuneration or other benefits for the year ended 31 December 2J23 nor for the year ended 31 December 2022. Trustees. expensès Trustees were reimbursed a lolal of £83012022 '. £2781 in respe of expenses incurred in their capacity as Iruslees. In addition, the German Church Pastor, who is also a trustee, was reimbursed a total of £4,226 incurred in the course of her work as the minister of the church. Tangible Fixed Assets Motor vehicles Cost At 1 January 2023 and 31 December 2023 16.710 Depreciation Balan al 01_01.23 Charge for the year 6.684 3.342 Balance al 31.12.23 10.026 Net Book Value Al 31.12.23 6,884 At 01.01.23 10,026
German4peaking Lutheran Church In East Anglia Page15 Flnancial Statements for the year ended 31 December 2023 Notes to the account5 Fixed Assets Investments 2023 Market value 2022 Market value National Savings Income Bond5 Shares 1.000 455,427 1,000 444,372 456,427 445,372 Market value al beginning of year Nel gaiDlllossl on disposaVrevaluation Disposal proceeds 444,372 11,992 -937 505.851 -51,479 -10.000 Market value at end of year 455.427 444,372 Debtors: due within one year 2023 2022 Gift aid tax claim Prepayments 7,555 6,639 250 7.555 6,889 Cre(Iltors: due within one year 2023 2022 Accruals Pastor's discretionary fund Payments in advance 1,500 295 250 2,800 295 2,045 3.095 Ralated Party Disclosure$ There were no related paty transactions in the year that required disclosure.
German-speaking Luthèran Church in East Anglla Page 16 Financial Statements for the year ended 31 December 2023 Note5 to the ac¢ount5 10 Analysis of Net Assets between Funds 2023 Total Funds Unrestricted Reslri¢ted Endowment Funds Funds Funds Tangible fixed assets Fixed Asset Investments 6,S84 34,856 6,684 456.427 63.441 358.330 Fixed Assets 41,340 63.441 358,330 463,111 Debtors Cash al Bank Credilois Due wlhin one year 7.555 24.083 .2.045 7,555 24.083 -2.045 Nel Current Assets 29.593 29,593 Net Assets 70,933 63.441 358,330 492,704 2022 Total Funds Unrestricted Restrided Endowment Funds Funds Funds Tangible fixed assets Fixed Asset Inveslments 10.026 33.709 10.026 445.372 61,971 349.692 Fixed Assets 43,735 61,971 349,692 455,398 Debtors Cash at Bank Creditors Due within one year 6,889 12,618 -3,095 6,889 12,618 -3.095 Nel Current Assets 16,412 16.412 Net Assets 60,147 61.971 349,692 471,810
Gernian-speaking Lutheran Church in East Anglia Page 17 Financial Statements for the year ended 31 December 2023 Detailed Statemènt of Flnanclal Activitias: Incomè and Endowments 2023 2022 Donations and Legacies Contributions Donated services and facilities Donalions Donations for bsplisms and funerals Gift aid recovered Grants 31.881 3.918 14.273 1.945 7,555 7,055 28,599 2,831 8,074 625 6,638 2.947 66,627 47.714 Invastment Income 19,223 19.072 Other Income Bazaars, sales. sommerfesl etc Colle¢tions for charrties Other income Rental income Weekend retreat 3,873 2,682 2,561 15,711 3,004 2,957 3.113 2,051 13,466 2,502 27,831 24,089 Totsl In¢om& and Endowments 113,681 90,875
Gern1anpeaking Lutheran Church In East Anglia Page 18 Financial Staternent5 for the year ènded 31 December 2023 Detailéd Statement of Financlal Activities- Expenditure 2023 2022 Charitable Activities Bazaars, sales. sommerfesl elc Congregation and services Donations to ¢hariliès Hire of churches 2nd halls Newsleller Organist fees Pastoral candidalesllay preachers Synod contribution Weekend retreat 1,096 1,898 2.682 1.447 638 1,880 99 55,000 957 1.424 3.113 1,647 611 1.842 378 57,500 6,457 71,784 73,929 Management Council lax and insurance Gardener, cleaner and admin Heat. Lighl and water Motoi vtthicle refurbishment Property maintenance and refurbishme 4.038 2,818 3,400 3,342 10.039 3,854 2.701 3.395 3,342 10,372 23,637 23.664 Governance costs Accountan¢y and legal fees Motor and travel Slalionery and postage Telephone 3.073 3,954 1.615 716 4.069 4,924 1,102 596 9,358 10,691 Total Expenditure 104.779 108,284