| Trustees' Report | |||
|---|---|---|---|
| 1:Introduction | 1 | ||
| 2: Structure, Governance |
and Management | 1 | |
| 3:Trustees | 2 | ||
| 'l: Objectives | 2 | ||
| 5: Activities | 3 | ||
| 6: Financial Review |
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| 7: Risk Assessment | 5 | ||
| 8:Our Future Plans |
5 | ||
| Financial Statements | |||
| 9: Receipts 8t Payments |
Account | 8 | |
| 10:Statement of Assets |
8t | Liabilities | 9 |
| 11:Notes to the Financial | Statements | 10-lal | |
| 12:Independent Examiner's |
Report | 15 |
| Reverend David Newton |
Dr. Richard Single |
Dr. Richard Single |
||
|---|---|---|---|---|
| Zoe Djin | Francis Johnson | (served | until 3 Nov 2021) | |
| Malcolm Gill (Co-opted from |
May 2021) | Janet Taylor | ||
| Nina Manieson | Genny Tettey | |||
| Alexandra Priddy |
Ishbel Lewis | |||
| Michael Petersen | Yabome Saracouli | |||
| Pauline Seaton |
| Trinity Church Mill Hill (United Reformed andMethodist): ': |
Trinity Church Mill Hill (United Reformed andMethodist): ': |
Trinity Church Mill Hill (United Reformed andMethodist): ': |
Trinity Church Mill Hill (United Reformed andMethodist): ': |
Page 8 |
|---|---|---|---|---|
| Financial Statements, Year Ended December 2021 |
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| -- RECEIPTS AND PAYMENTS ACCOUNT RECEIPTS . Note:, |
This Year Unraainciad ':: Designated:, :, Reaificiad; ' Funds S .. Funds t .'17 Funds t '.: |
2021 -:.:.-".. Totalt,",, '. |
Last Year 2020 Total t |
|
| ' Voluntary Giving |
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| Offerings: Loose Collection:.:-,-:::. ,'::,;-'. Offerings: Planned Giving;, :.":"-:::,:-' Donations: Church Activities .'":.:::,:;:;:;.'.:.; Donations: Outside Causes;:, ''::;":. ::--. ' . Legacies Gift Aid ' re:.7 |
762: 0 '""': 30,640.:7 0 .::. 1,160 ' 0, 3 0 ', 0 1. 0 ', . 0:;. 7,225 -": 0: 39,786:. 0 |
0;,.:-. 0:-'7 400 "::: 2,100 ': 0, '' 200 ' 2,700 |
762 i(:::,';::, 30,640 '' -:::::': 1,560 .:.;: 2,100 ',i':-;:,. 0 7,425::.::;„'. ; 42,486:::-:: |
635 . 28,213 1,950 708 0 8,495 40,000 |
| . Revenue Generation Use of Church Premises e . Manse Rent Electricity Generation Insurance Refund re . Bank & Investments Interest:-: rg ':.' |
30,865 ': 0;. ' 27,600 "': 0 '. 298 0::. 32,553 0: 14:: 14,':.; |
0 .::: 0 ': 0:-' 0; 5;-,:; |
30,865:,:";::. 27,600 '".:'. 298 '::."': 32,553 ":::,'': 32:, -.::;:.",: |
26,682 27,600 737 148 2,541 |
| Income from Church Properties, :;:; fr .':: |
14,598- 0 105,926 ":" 14::,. |
0 ";,:- 5 ' ' |
14,598 7: '--:: '105,945 ',:::-":: |
9,033 BB,?40 |
| Charitable Funds |
||||
| Church Activities ':, da ' |
689 '; 741::-. 689: 741:: |
0;,' 0:'- |
1,430;.:, :-'.. 1,430 '::,';:;:--,-' |
315 ' 315 |
| 7 1 iy 7 7 '.ii.l'-7'"::, . |
140401,::i 755:-i'lf2705 " |
140,861 "::,'~307056: | ||
| .PAYMENTS | ||||
| - Costs of Ministfy Central (URC & Methodist) .',' Ba . ' |
47,135 -;. 0 ", -, ' |
0:::, | 47,135 ';::,;:::. | 73,785 |
| Local .. Bb -:,. 157 ... 0 0:::1 157 .::;:. -' 170 ';;';- :"Sdb-'rois'i. ,;Costs ofPinisliy. ':;. :;::..':,:-;:::,', ,.,::-'. '47;292;:,:::,;u:-:,,::;,::":0:,:::.:,'-::.'.:-";;, .:,'0!',::::":::. :i:;:;47i2gg,'-'::i:;-':.:-:,t730gj5"-. |
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| Costs of Charitable Activities |
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| Worship Ba '.. 2,244 ': 0: 0 ". 2,244,,:"' 1,723 Charitable Giving Bb - 0.',' 3,000: ' 2,193, 5,193 ',:". 4,765 Outreach ed . : 805 '' 599:;. 0: 1,404:;,-',::;, 483 Other Activities eu, '' 171:'., 7 0:.,', 190 '::.' 361,"-",:: 223 Sub"-totaigCosts ofActivities",',,::.'::,',::.;:;.,",,:::. ;;;3F22(i;,":.:".-::::3egg::::,"".:;;:,';::,'2.,38'3, -:,:::.::;:::::,9;:2(I2:::::,::;::;:, ,":::::::2?:~9411 |
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| ~ 'Costs ofAdministration Governance 7a .:.:'950 ", 0;.': General 7tl; . 18,403 7" 0:. GeneratingFunds, .;. 7c -:.. 0 -' 0." .-'....'Sub tctal.':Caste OfAdmiriie'lratiOn:::. :-".:,"':,':, ,':—:039953n;:;13", ;::(I4,'; ',; ' |
0 i; 950::-': 0;-:: 18,403 '::::;::".. 0 ';;: 0::-".:-",; .' 17.":,";::3,.198153,:::::.:,",:,:'C |
1,454 17,885 19,339 ':;.-::3BB?8 |
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| Costs of Church Properties The Broadway Site gc .":. The Eversfield Site ge -., ' The Manse gb;::. Properties Administration ': gd:: Redevelopment Costs .;:.:.,',-:"..::,.:. |
24,248 .': 0 ': 13091 0 8,367:. 0 ' - 25,728 0,"- 0: 0 t 714337:2.'.'07 ' |
0::;: 24,248 ':;:,-":.::: 26,952 0:: 13,091 '.;:::,: 13,038 0 . 8,367:-:::. :-':::: 5,353~, 0, 25,728 .'.-::,',::;" 35,139 0 . 0 .: .' 0 . .' ' . 0.'::. 711433:,.::.',':". ' BD482 |
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| Total payments for year. . :;.'.,;, '-'. ;:,';:, ' |
141,298 1 3,599 ' . |
2,383:";, | 147,280:::5 ' |
180,969 |
| .- Receipts-Payments | 5,104 -2,844 |
322., :-. | 2,581:"-',::: | -73,914 |
| TRANSFERS between funds |
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| Long-term maintenance Charitable Giving 2b: |
0' 0 -1,000 ' 1,000 |
0",7 0::" |
0 0 |
0 0 |
| . , Net Receipts-Payments 28I034/2022& 10!'413 ~4,104,::~7,8::~322:~2,581 '::,'~73, 14 Copy of TCMH FY21-SoFA for 2021 vg(1 8600);-RBP proforme |
| Page 9 | |||
|---|---|---|---|
| Financial Statements, Year Ended December 2021 |
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| DISPOSITION OF FUNDS | |||
| Note " Unresincied Funds C This Year Designated:. Restncted Funds r Funds r ': |
2021 ':. :..' Total E .': |
Last Year 2020 Total E |
|
| CASH FUNDS b/Blvd (FY-20) ' '-": 106,716' ' 117,034;. 36,505- Prior Year Ad)ustment 0 0 ' 0, ~ 18 iP -P 2 1-2 1:'-:'.'. . 418 -,84, : 322 ' |
260,257,,;:"' 334,169 0, 0 ' 288 '::-'~3342 |
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| CASH FUNDS c/fwd 31 December:, ::..",. '. :".,-, 110,820 4 115,190 .: 36,827: |
262,838:;;::::: | 260,257 ' ' | |
| STATEMENT OF ASSETS AND LIABILITIES | |||
| Monetary assets Bank Current Account 65,079 // 190 // 1,827, ' ,-. CCLA Investment A/C 15,741 0;-"; 0 .' NS&l Savings Bond 30,000:: 115,000-'::: 35,000: . 1 Total monetary assets ' 3::: 110,820 ':. 115,190,:: 36,827 ':" |
67,095'::.'; 15,741'::, 180,000-':.:.:, 262,837:. „': -"i |
34,517 25,739 200,000, 260,256 |
|
| Non-Monetary assets 92-94The Broadway (Restaurant) ' ":,'. ' '„:.';!:-;,';:.,i.:,'; -".:.'','"::,';..:::::": 900,000::,:"4!'-,i Other Tangible FixedAssets: 10,::::.:':::.::;::;,::. -;-.:: " .'-::.:.::.'-,'::";;:.;;:,::.;.;: -.',;: 213,532'::::;::;;=, ' Total non-monetary assets ',"',;;.:,,:,;'",:.'.-,:,'.:::.. ,', ',",,::::, .';::::;,'.:,':::;:;;:::, . 1,113,532:;I,:: |
900000 203,262' 1,103,262 |
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| ' | Monies Due to the Church | ||
| ';:Gift Aid Recoverable (Estd) |
6,000:;,: | 5,300 | |
| Lettings income | 2,150 | 450 | |
| Manse Rent 14 |
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| Estimated Monies Due F..', , ',:::.",.,::;:::,-.':::::::, . :;:,":--"..-'-':."':.'::.:,'-.'-',:-";.:'. , :'.- -".'.':. |
8150 ':,',:: | 5750 | |
| , | ,.Assets used for church purposes '. Buildings under statutory trusts 10:. ' Church buildings and manse .', 8,052,391,.::3 ':: Church contents . ' 10 '-.' Furnishings and equipment::. 213,532;:,:"1 |
7,605,138 203,262 |
|
| Assets: Church Purposes;::;,:::.':";;."::."".",, ::., '-'„: .::::-::-::.' :. -'-""-:.' ,'-':.,:,','-,:":,:'':::.'-,.'-".':, :. 8,265,923 -:. ,;::::, 7,808,400 ; Liabilities Creditors ." 2c '::, 0-:::: 0-:. 0;.::. 0:::::. -';;;,:93' |
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| Estimated Liabilities:::.:.' '-', ',"-- 0:: 0;::: 0 |
0:,:;.:;3 | 0: |
| ' Page12 ' Trinity ChurCh Mill Hill (United Reformed and ItrletftodislJ |
' Page12 ' Trinity ChurCh Mill Hill (United Reformed and ItrletftodislJ |
|---|---|
| NOTES - continued ' Financial Statements, Year Ended December 2021 |
|
| 6 COSTS OF ACTIVITIES |
ThisYear:::Last Year "''Uhresthcied:, ;;Desightd .-i Resihcted::: 202i:,2 2,020 Funds E "::,Funds E-;: Funds E::7 Total E ',;,: Tctsi E |
| Worship: Matenals -"2 .Worship. Music -" Worship: Children 8 Young People Worship: Pulpit Supply .' Worship Information :"6a Sub-total. Activities-Worship |
59 0 . ,7 0 i': 59::.i,: 318 . , 1,935 ." 0'.::. 0 '-: 1,935 ' 1,215 0'. 0 0"::. 0';: 0- 250 '-'." O.u 0 " 250.:. 190 0 2"' 0' 0;6 01 0,! 2 244':,;. ", 0;:I:":::-:::::, ";:-'.0:::;::, ;: 2244;,:.';:::::,;-I;.729 |
| .:,-"Charitable Giving - General Fund .' Chantable Giving - Designated Fund Charitable Giving —Legacies Fund |
0 =' ' .-.;:: 0;:-;: 0;:::"'i 0 0;;l 3,000 -'::,: 0:::, 3,000 i'-:;: 4,750 " 0:-' 0"' 0:::f 0 "',:. 0 |
| Appeals -",HAB "':-'.-'.Benevolence :6b Sub-lotal Chahtsble Ging |
0 '-i::., :-'-:: 1,710:i 1,710i':; 615 0 '::. ::;" 483;;s. 483, 0i:. :.i 0 ii 0 ;:": 0 0 ':."-:," 9 O'DD='-',l;"',.;, ":.2;:199;',;.-i';,,;:,;05,'199',-:",::.-:,;::::;:4(765' |
| „'„-.(General. Trainmg ;,.-',;.General. Events 8 Catering General: Traidcraft ' '..::,General: Promotional Matenals General Sundnes ',-,-' ~Heathfield -:--Music :-6c Sub-torah Aclivilies-General ,,',.':- Outreach Holiday at Home —Design'td '-., ' Outreach General Outreach: Open House 6d Sub-lotsl Acltvihes-Outreach |
0 "': 0:,i: 0"';;. 0::;-, 0 0:,': 0!' 0:i 07; 0 0:,i 0'.: 0"; 60 " '! 0;... 0 5 0i,'; 164 171 '-::. 0,: 0.",:: 171 ':: 0 '. 0:,'2 0::.' 0:,ii: 0::,,; 0 .', 0, 0 ':-'' 190':::-; 190!.' 190.. .17E1;-,i:;:::.;::"D "''.''::.:".:. :":., ;':.::..'.""190!.;:;:,'::;.-":-':„:.951!:::.' :h',2224.2 0 '': 599:.' 0:.i 599;;: 0", 0:! 0 ",. 0: 0'-' 0 805,. 0.::i 0 '-' 805': 483:' -'805"':,::,,U599,:;.-:--:-;:,i: 0;:0;;::,' 1;494::„:";-:,;,,'::483 |
| Trinity Church Mill Hill (United ;:,Financial Statements, Year Ended |
Re De formed andMethodist)::, ::.;::,:„:;:.;,-::Page 13 cember2021:,:'..":::;:,;:-"i;::.':::NOTES -continued |
Re De formed andMethodist)::, ::.;::,:„:;:.;,-::Page 13 cember2021:,:'..":::;:,;:-"i;::.':::NOTES -continued |
Re De formed andMethodist)::, ::.;::,:„:;:.;,-::Page 13 cember2021:,:'..":::;:,;:-"i;::.':::NOTES -continued |
Re De formed andMethodist)::, ::.;::,:„:;:.;,-::Page 13 cember2021:,:'..":::;:,;:-"i;::.':::NOTES -continued |
Re De formed andMethodist)::, ::.;::,:„:;:.;,-::Page 13 cember2021:,:'..":::;:,;:-"i;::.':::NOTES -continued |
|---|---|---|---|---|---|
| This Year --:; Last Year |
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| Unresincied, ,„:,Designid ';::; Restricted -. 2021 5 2020 Fundss:-' Funds s '::, Funds r '. ; Total8;.;:: Total 8 |
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| '"7 COSTS OF ADMINISTRATION |
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| '; ".Governance: Trustees Meetings .. -":Governance Trustees Development ;"- "., Governance Professional Fees :;:7a Sub-total. Administration-Governance . General Office ,- General: Subscnptions -„;.. .Administrator :75 Sub-total Administration-General |
0 ' ' 0:::; 0'-:.-"' 0 0 0::;: 0:. 0:; 0:.:: 0' 950,:.!. 0;, '.;. 0",' 950,"," 1,il54 ,.950:,, -':,",:':::::. 0,',,:;::-,':;,'-.0,.';=,- R.::-! -,'950.:";;";"',ll;"454::i'-:, r" 3,039 ", " 0 ' 0:: 3,039;,: 3,007 114:.: 0',::-' 0; 114 'i 45. :- 15,250;." 0.'1 0':.'; 15,250:;:i 14,833 ' ;,'- "... '"-18,403.:.-'",.';,';,:::,'-"-':0,',:::':,'i'::.",;0;-'..;i:-i:,"lf8„'.403;,:;,'"::--ii17885 |
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| ', '.":;-':„:Generating Funds Use of Premises .;.""-"Generating Funds. Other ti 7C Sub-total. Administration-Funds |
0;;':i 0,-'' 0':, 0 „;:, 0 0i.': 0' „:. 0 "i: 0-'," 0 ' ";-.':i!'l...:",-:;:,.",-::;i"'-;:::;;:,:01'.' '-;:"-,':,::i'0-'-:.".'ll::.:.": ..:!0::.:.,:":,:„",;::::i"-::-D:=';„:-,i:-'. Dri'. |
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| 8 USE OF CHURCH PREMISES |
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| :"''."iEversfield Centre ",", Broadway |
16,562 14,303 |
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| ' -:.From I September 2012 the Hua Hsia Chinese |
School was granted a 5-year lease to use one room at Tnnity Broadway |
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| as an office. This lease can be terminated | on | three months' | nobce by either party. The income is included in the |
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| .Broadway figure above. The lease was extend |
ed for a further 5 years from 1 September 2017 |
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| 9 COSTS OF CHURCH PROPERTIES' |
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| Eversfield Site. Maintenance Eversfieid Site Services Eversfield Site Secunty Eversfield Site Insurance '- 9a Svb-total. Eversaeld Sile |
2,638:-;, 0:, 0:,: 2,638:.,: 2,512 5,969:-: 0' ',: 01: 5,969'.::; 6,721'. 2,182 t 0'.;: 0', 2,182:": 1,631 2,302 .::: 0.'.1 0 ':,:-' 2.302:;;" 2,174- 13D91.',:;.';.=,'::i":;:D.':.''::,::,:;:;;!0.', ,".''i13091'":i':::13 038 |
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| Manse Maintenance Manse: Services (incl council Tax) |
7,096:::. 0 ' ' 7,096:,'; 4,130 0.';, 0::;: 0::,'- 0 ':. 0"; |
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| Manse: insurance Manse, Miscellaneous |
1,271::i. 0 .:-' 0. 1,271 ";-' 1,223 0::,' 0;7 0::,' 01 0. |
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| ."', 9b Sub-total' Manse |
,"-ii-,:i';:;'-.';:!„:,8 Bared':;;::,:l'-:",:,=;,:":,';0',.!.'.",":::::--:;'::::9::"!,:.'-.'::.=;"8;387:::, -::::-.:;:.,5;.353. |
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| Broadway Site. Maintenance | 10433'"' 0.:" 0!i 10,433:.;-' 10,392 ' |
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| Broadway Site. Services | 5,050-"-' 0;Ii 0 ',:i: 5,050 '::: 7,557 ': |
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| Broadway Site Security Broadway Site. Insurance .:,=",9c Sub-total Broadway Site |
4,479:::l':" 0:;:::: 0 ' ',*, 4,il79,:';, 4,941,::. 4,286:.':. 0:!. :": 0i;,' 4,286:l 4,061 ::,' F2'41;248:,i'!::-::-i'-'::0;::".;:Bx ':,':0::::-'r. 'i24248':::;,;.:.26,951- |
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| Management Costs Caretaking |
0 ':': 0:::I 0!'. 0::3 6,484 25,438 =';„'-'; 0.;!'; 0-'„:i 25,438 '::: 25,155, |
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| Insurance Pension Costs 95 Sub-total. Other Payments |
-1,443,i 0 " 0::;.! -1,443.,:;I 1,772 '- 1,733:; 0::, ' 0,':, 1,733 i;. 1,728; ".25ir28 i::-'='-':i.",::":,-':."„.".Dii!i:i',;:::,'='::MD.:::-.'i' 1r257728::;.':::;;:::35;:1'39;:- |