Trustees, Annual Report for the period From April 1st 2022 Period start date March 31¥t 2023 Period end date Charity name: Now Malden United Refomied Church Charity registralion number: 1135603 Objectives and Activities SORP r•tererw Para 1.17 Summary oflhe purposes of the charity as sel out in rts governing document The object of the Charrty is the advancement ofthe Christian fatth forthe benefil of the public in accordance Wbth the Scheme of Union of the Uniled Reformed Church. Wegkly Sunday worship services, prayer meetings, fortnighdy lunchtime concerts have been hekl enabling 5tuden15 from the Guiklhall and Royal Arademy of Music lo perform, toddler group, craft club, intemational language conversation group. Girfs Brigade meetings. Lettings for community activrties including horttcultural society, local CSMA gUp. Town Women's Guild. line dancing, karate club. Church h811$ have continued lo be used for Covid vaccinat¢ons. Halls are now used for local ewions. Closer links with the local PCN following the vaccination clinics has led to the establishment of the Living Well, a drop in for people wishing help with benefits or Meeting the social prescribers. This now inco rates the fortni htl lunch clubs. Trustees have had regard to the guidance issued by the Charity Commission on public benefit Summary ofthe main activities in latIorI to tkjse purFM)ses for the public benefrt, in particular. the actilIes. projects or Servi identif1 in the accounts. Par8 1.17 8ThJ state1 confinytring whether the trustees have had regard to the guidance issued by the Charity commiss on putlic benefrt P*a 1.10 Achievements and Perfomiance SORP referwKe Scanned with Anyscanner
Summary oflhe main achievements of the charity, identifying the difference the charity's work has made lo the circumstances of ils beneficiaTies and any wider benefits to socty as a wholg. Chijrch plays a pr active iole in the communty, shown most recentty by the eslablishmenl of Ihe Living Well in partnership wilh the PCN. providing a drop in for the more vulnerable members of the local comrnunty and as part of New Malden's Warm Spaces during the winter months. The provision of a grant from Southern Synod has enabled a cook to be ernployed lo provide hot food. Provides space for worship on a weekly basis. Provides 8 meeting place for a wide range of community groups and provides a welcoming environmenl. The charity ptomoles the advancement of the Christian faith for the benefrt of the public in accordance with the Scheme of UThon ofthe United Refonned Church. 120 Financial Review Review of the charity's financial posrtion at the end of the period Pard 121 Church has spent a proportitin of its legacy funds for a fUrb1$hMenI ol rts organ which is due for completion in ALrtumn 2023. The Llving Well Project has been supported by a grant of £15000 overlwo years from the Southern S nod. Sufficient reserves are held to.provide for most eventualities pertaining lo the upkeep of the btjildin Reserves as of March 31 2023 were £74045 Slatemenl explaining the policy for holding reserves ststin are hekl Amount of reserves held PvA122 PaR 1.22 Reasons for holding zero reseJves Details of fund materialty in deficit Explanation of any uncertainties about the tharity continuing as a wing concem Parn122 Pd 1.24 P¥A1WJ Structure. Governance and Pllanagement Descrépllon of charlty's trusts.. New Malden United Reformed Church Charity comprises all assets and ft5nds held by and on behaW of them other than prOpertS hekl under the trusts declared in Schedule 2 of the Unrted Refonned Church Act 1972 las amended by Ihe United Refomied Church Acts 1981 and 2000} and those held on other specifically declared Irusts TAUSTS DISTILLED FROM THE UNITED REFORM CHURCH ACTS OF PAALIAMENT11971 AND 19821 AND THE SCHEME OF UNION119721 The United Reformed Church Approved Document for R islration ofAssets Held Type ofgoveming document Pwa 1.25 Scanned with Anyscanner
lor Chafllablo Purp080s ol Uniled Reformed Church Local Churches As a Ioc81 chuich ol tho URC, Ihe Church is governed by Iho Scheme of Union ol Ihe URC I'lhe Seh8me of Union,) and Ih088 con81ilullono1 de¢l8lon8 01 General As$embJl_bindlng on Local Churches. Eldors ol Ihe church are elected for a three- year lemi by election by members ol ihe local chLJrch 818 Church Meeting and Ihey become Ihe Iru81ees ol Ihe church. This position is renewable lor another Ihree year$ after which a 8abbalical mu$l be taken. How is the chBrlty consllluled? Trustee selecllon melhods includlng details of any constilulional provisions e.g. election lo post or name of any per30n or body enlilled lo appoint one or rnore Iruslees PbrA 1.2S Reference and Administrative details Chari name Other name the chari uses islered chari number Chority's PTin¢ip81 address New Malden United Reformed CFwrch Cha 1135603 clo 28 Malden Hill New Malden. Surrey, Iff3 4DR Names of the Gharity trustees who manage the charity T$? name offi¢8 lilaryl Dates aded Wnotforwhole Contact Chair N*rn2 of Poln lor body) en¢kl18d oin¢ tsuBta• Erika Reeves Mary Slaler Revd Peter Flint Bartjara Ewing Maryorie Bamard Carol uells Pauline Gibson NMURC Church Meeting NMURC Church Meeting NMURC Church Mting NMURC Church Meeting NMURC Church Meeliftg NMURC Churth Meeting NMURC Church Meeting NMURC chh Meeting NMURC Church Meeting NMURC Church Meeting Pauline Barr 10 11 Beth Caslillo David Howell Diane Hwell 12 Funds held as custodian trustees on behalf of others Description of the assets Not Applicable held in Ihis capacity Declarations Scanned with Anyscanner
The trustees declare that they have approvod the truste•s' report above. Signèd on behalf of the charity's twstees &gnature(s) Full namelsl Position l•g SKr•taryp Chair, gtcl MARY AKU VANDERPUYE SLATER Chair Date 0611212023 Scanned with Anyscanner
]Yew Malden United Reformed Chiirch R¢ceipt5 Poymenis Accoiint for yetsr ¢ndinE 31 Mar¢h 2023 Recei rreL Kvill Offi'ring Loosi Coll¢thioii Noils 20251 24.953.77' 1.7(K).791 26.654.5fi 8.372.88 1.756.2U 28,882.50 975.41 10.135.(XJ 3.256.60 10.389.211 2Q22 27,317.71) fi.836.2J T&x rtfvnd on fTL'C Will Off¢rin8S INiere51 35.705.55 2.128.88 5,175. 5.206.95 Donaiions Cliurcli Lets Specilll Colle¢iT05 ()utrcacli Acii*iliL'$ D¢vcloprn¢ni Fund Oiher G<n¢ral IncoTh Reb¢$ Tothi norn)al 3B 3C 69.03 10380.13 92,861.67 5.063.101 95.962.231 ments Min¢stry and Missio Pul il Suppl). Noies I 20231 20.687.25 i.010.oo 1,745.00 6.037.08 1,142.45 21348.34 5.461.72 2022 21.069.76 595.ty) Cleunir Minisiels Cxpenses Church BuildiDB Manse C_LuipffleThi Office Ex yOth Work Outseach Korean Ministry exEns¢5 Tnin ort Affiliation ftts Bank F¢es Donations Swial Colle¢tions Ouirtacli Aetiviii¢s Develo tncnt Fund OtherG¢n¢ral Cx Total Exp¢AOilu. Excess of R¢c¢ipts over Pa 774.68 24.53S.87 6.888.69 10 1.572.97 1.24150 50.47 .00 140.00 395.30 109.08 600.00 3,860.64 5,147.08 3.420.00 97.94 75,067.82 20 894.41 .432.40 509.60 16 12 4,257.07 14 448.89 46.68 6.298.38 3B 3¢ 64.29 76.210.44 16 51.23 ments Summa ToLqI Income Totsl Expense 2023 95.962 23 75.067.¥2 2¢W4.41 2022 92.861.67 76.210.¥ 1665123 To cofflc from Lc - Piano & Or - KoTean Ministy Tolal Net Sur 0.00 0.00 0.00 2.128.54 2.128.$1 18 779.77 lus CoDcerls Stsrllll Balante 202J 152Jl J.85J.71 1. 714.00 lJ9.71 I Z92.02 se N¢rSur Closin •Y121202) Pwlof5 Scanned with Anyscanner
Living Well S¢urlinK Ilnlthnct 2023 J.4193.Q8 4.S.13.4rt 4 533.48 Nefsur C_loyi IIAlance Sphrkles Starling BalAn¢e 202J 598 9J 30.00 ShW.93 ErJwiu¢ Nelsur BAI Bank Accounts Overview HSBC Main Account B21ant¢ blf IDtome mtknts LL9$ Ch s fro Add Ch Less Petty C*Jh Cllrried lorw•rd Balanre clf 2023 61,185.60 92.778.53 .75.067.82 0.00 112.09 -27.10 78.981JO rev. eriod cotF Le
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ccount 202J 72,755.53 .289.92 B&lante blf Incorne PAymtThts Balance &r 74.045.45 HSBC H211 Letti S ACCQUlIt 2023 BAlaDce b/f Incom Trmnsfer to M#iD A£ut Bance cir 26.482.50 25,055.00 .432.50 COIF Gcneral 2023 2&299.87 466.28 B41ance bir ayments Balanc¢ elf 26,766.15 Signed kt £&LLJe lod¢p¢pd¢nl Ex•mloen' R*port to the Memberj ofN•w M•lde• URC W¢ liave examined the f¢nan¢ial Sl¢MeAL% arjd iioies on p•ges I 10 5 aThJ il) ouropinion they 8ive a true ond fair vi¢w of th¢ siale ofthc ¢liw¢J)'58ffairs oi 31 March 2023 ofthg t(s1lOn5 for Ihe year Ihta cryJ¢d. Sie 7th D¢¢cmber 2023 05112Q023 N¢WlnRCcColl2QOS PAge2 ors Scanned with Anyscanner
Not¢9 2022 30.93 Coll-. Li'ga¢y coir GL'nenil 46(?.28 1,750.20 2. Donntlfjns Roctivtd ,'Ick Cllll? SpuTLles Coffee riowers G¢n¢ral D¢v¢lopmcni Fund 2023 y.(K)I 2022 2,078.¥8 0.00 2.A28.88 o.ool eci*l Collections Accouol Commithieni for Life IOAAt)peal Christian Aid DECA Love In A Box Shelier Donation Mustard Seed Rellel Misslon (Moldoval Oth¢r Cha Coll¢tuons Nolc5 Income 2023 0.00 tAJe 2023 0.00 1,592.00 0.00 (>40.03 587.69 75.72 587.19 65.20 TOTAL CHARTTABLE GTVJNG 3,256.60 3.860.64 3B. Outreach Activities Not¢$ | ineDme 20231 Eipehst 2023 1,714.QO J.403.08 30.0 Luiiclitinjc Concerts 7,936.56 598.93 SpaTWes TOTAL 10,389.201 5.147.08 3C. Develo tneDt Fund D¢v¢10p¢t Fund Nol¢sl incomt 20231 ExpeDJe 2023 410.00 3.42O.00 TOTAL 410.001 3.420.0 4. General Ineomt Telephone Pho!O¢OPLS Chronicle 2023 0.00 0.00 66.78 o.ool 0.00 0.001 66.781 2011 0.0 12.05 56.98 0.00 Jn MirJibu5 Sund 0.00 69.03 X RebAIÉS ReFund from Tham¢s Ditthn Rcfund from Kingston R¢fund from Ea Cr¢)ydon Refund from Synod 2023 2022 O.OOll 1443.87 0.001 1,955.94 J,469.74 1.593.36 0.00 &372.88 13,435.98 NIA 5,839.52 140.80 6.836_23 173l6J6 reclaim 05112r2023 N¢1lrnURCccfjun2ODY P4E¢ Jof5 Scanned with Anyscanner
2112J 2022 1.2H5.QQ'. 10.lJ.S.lJQ 7. CleIler & IlThustk¢¢ 2023 2022 6,OJ7.08, 6.600.16 8. Cliurrh Bulldio RLpdirN & Maini¢nJn¢L MainientsnC Conirocts Gard¢n cxpL'nses In5urnnc¢ 1O2J 10.59CI.50 94.80, 175.69 21122 lJ.452.70 295.20 241.112 3.VA4.47 3.192.15 1.231.25 542.12 265.0 0.00 4,023.77 2.252.C)4 44J.51 290.001 0.00 Electricity WaiL'r On & Pionos Worsliip Oth¢r 1.070.90 24JJ5.87 22J18J4 9. Cr•mwell Avenue Repairs & Maintenance lThswpn¢¢ WaieT Phone Council T&x 2023 592.561 865.781 466.59 0.00 3.536.79 5,461.721 2022 2.084. 136.50 3.427.45 6,888.69 10. Offi¢e Ei Church Telephone Iniernei enses 2023 0.00 334.46 99.941 170.98 692.90 0.00 274.69 2022 0.00 SiatianEry Photocopiers Books & Materials Other 187.06 632.24 0.00 146.38 1,432.40 IJ. Youth W Jwiior Chur¢ii Girls 8ri8a.de Korean Youth Wotk 2023 200.00 502.50 2022 150.10 359.50 L4fiyew 1,242.501 509.60 2. KortgD Minist Costs Courtlil'r 202J 0.00 0.00 0.00 2022 .712.45 Repairs & mainWe¢ Insurance 0.00 l.488.62 0.00 o.ou Q.OOj Missiona 4257.07 Y12aQ2J P4¢wM•WenURCA¢MwJ2005 P4Y4ofs Scanned with Anyscanner
2112J 2022 M51iiALr'l inininB o.ou 14. Afflllfyilofj bcty 75.IXI .J73.N(J 4411.%9 Jg5.301 re 2023 2022 0.01) 11.00 47.94 50.orj CVITL ILounts r¢¢ 14.29 50. u.o(I 64.29 97.94 16. 2013 50.47 n.00 50A7 1022 53.97 Olli¢1 53.97 Cish B•ok & De it BAlnc¢5 HSBC CunLnt Accouni COIF Chariiies DcFx>sii fund Gcacral coir Cbartlies Dcposii fund Legocy IISBC 14all Lc15 2023 2022 78.981.29J_ 61.185.C>O 26.766.15 74,04S.45 1,432.50 181325.39 14&J96J91 72,755.53 160246.00 123.927.71 Unre5trlettd Ch RL51ri¢ied Cash - D¢velopmenl Fund Minibus FuTrd - FloweT FuNd - Gard¢n & Lighii Fund -Oth¢rS cific Gifts 26,109.68 5,476.49 529,67 639.76 273.20 33.028.801 81,225.39 29,119.68 5.476.49 454.67 452.1)0 36JJ8.29 160,246.fMI Toial Restritt State ent of Assets Liabilities as at 31 rch 2023 Assets Bank & D¢p)sil Balanc¢s Ch in Hand 202J 181.225.39 2022 160,246.00 J81.225.39 16034&00 •The Chu¥¢h and Manse blIdIng$ Ire llol t4ngble fixed assetsofihe ¢hurch, bui for iur)nCe purpos¢s th¢ ¢hurch iD5uf¢5 Ili¢m for the valuc of £3.395.023 01212023 URcA¢coty2WJ Pl3 of5 Scanned with Anyscanner
Independent Review of NMURC 2023 Accounts
Schedule of work performed:
Reconciliation of main bank account (HSBC number 01209000)
Reconciliation of Lettings account (HSBC number 11629700)
Reconciliation of CCLA account (number 92442)
Reconciliation of CCLA General account (number 924420002C)
Reconciliation of CCLA Legacy account (number 924420001C)
Validated the all account balances correctly recorded in Final accounts (Checked figures correctly transposed in the Final accounts.)
Validated the Income total figures recorded in the Final accounts (Checked total transferred to the Final accounts from the Income spreadsheet)
Validated the Expenditure total figures recorded in the Final accounts (Checked total transferred to the Final accounts from the Expenditure spreadsheet)
Checked a sample of individual income figures. (This covered the checking supporting paperwork, checking accuracy of the income accounting records and accounting records)
Checked a sample of individual expenditure figures (This covered the checking supporting paperwork, checking accuracy of the expenditure accounting records and accounting transactions)
Checked the figures relating to Utilities correctly posted in the Final accounts. (Checked accounting transactions to supporting paperwork, checked correctly posted in the expenditure spreadsheet)
Check the regular giving by individuals. (Checked monthly totals postings in the income spreadsheet, checked a sample of individual giving.)
Checked Lettings transactions. (Checked for supporting documentation)
Reviewed the Church Asset figures.
Checked the Well living income and expenditure.
Findings from review:
| Findings from review: | ||
|---|---|---|
| Finding Details | Suggested acton | Comments |
| Bank Reconciliatons I was able to reconcile the balances for all the church accounts. Account balances are accurately recorded in the account. Restricted Funds Restricted funds clearly documented. Summary Records agree to transactons in the accounts. No issues, |
To Note | |
| Review of Income Figurers I can confrm that the income total fgure is accurately recorded in the Final accounts. I can also confrm that individual income transactons are recorded in the bank accounts. No issues |
I suggest the procedure of paying cash collectons into a personal account and then transferring into church accounts should be independently checked and evidenced on the weekly sheets. The receipt from the inital deposit to the individual’s account would strengthen the records and give someprotecton to the |
| individuals. | ||
|---|---|---|
| Review of Expenditure Figures I can confrm that the expenditure total fgures are accurately recorded in the accounts. Supportng paperwork Review of a sample of expense transactons and supportng documents, No issues |
To note. | |
| Regular Giving Checked total monthly fgures recorded in the Direct Debit workbook are transposed in the Income spreadsheet accurately. Checked individual donaton has beenposted to bank account. No issues raised. |
To note. | |
| Letngs Checked that the fgures have been transposed between the spreadsheets and bank accounts are accurately recorded. No issues raised. |
To note | |
| Assets No issues to raise. |
To note | |
| Large Expenditure No large expenditure item for 2022/23 accounts |
To note | |
| Living Well project Fairly new actvity undertaken by NMURC. I confrm income and expenditure are correctly recorded in the accounts. No issues to raise. |
To Note |