2022-12-31-accounts - Trinity Church Mill Hill (United Reformed And Methodist)

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Trustees' Report
1:Introduction
2:Structure, Governance		and Management
3:Trustees
4:Objecthres
5:ActMtles
6:Rnancial Review
7:Risk Assessn tent
8:Our Future Plans
Statement ofFinancial Activity
Receipts 8t Payments	Account		8
Statement ofAssets 8t LiabilNes			9
Notes to the Financial	Statements		1D14
Independent Examiner's		Report	15

Elders are elected and appointed by Church following agreed Church procedures.	Elders are elected and appointed by Church following agreed Church procedures.	Meeting, in accord	ance with the co
Trustees serving during 2022 were:
Zoe Djin		Anna Twum-Barima	(from May 2022)
Malcolm GIII(Coated	from May 2021)	3anet Taylor
Nina Manieson		Genny Tettey
Alexandra Prlddy		Ishbel Lewis
Michael Petersen		Yabome Saracouli	(until May 2022)
Pauline Seaton		Dr. Richard Bingle

Trinity Church	Mill	Hill (tirriferf	ftafbrrnetf and defftrorfiao	ftafbrrnetf and defftrorfiao	ftafbrrnetf and defftrorfiao	ftafbrrnetf and defftrorfiao	ftafbrrnetf and defftrorfiao
Financial Statemente,		Year Ended	December 2022
RECEIPTSAND PAYMENTS ACCOUNT					Vn&ssuudsd		This Yssf nssuudsd		3022		Lesl Yew 2021
RECEIPTS					Funds t		Funds t )	Funds t	Totalt		Toad K
Voturksiy Giving Ollsrtngs: Loose Collecbon Ollerings; Planned Giving Doalions: Church Cbu'vibde					2,432 29,082 440		0 0 0	0 0 0	2,432 29,082 440		762 30,640 1,560
Donalicr»: Outside	Causes				0		0	2.322	2.322		2,100
Legacies Gilt Aid					0 8476		0 0	0 0	0 8476		0 7425
					40,430		0	2.322	42,752		42,486
Revenw ensrstlo
Use ofChwch Prem@ed					56,211		0	0	56,211		30,865
Manse Rent					28,000		0	0	28,000		27,600
ectricity Genennion Insurance Rel'und					597 14,260		0 0	0 0	597 14,260		29S 32,553
Owd 5 invs»bnents	interest		r2		802		595	245	1,641		32
Income from Church	Properties				19500		0	0	19500		1459S
					119,369				120.209		105,945
Ch@rttsbts Funds
Church AcMies					1324		101$
Total receipts		for year			161,123		1,610	2,567	166,300		149,891
PAYMENTS
Co»s ottabdsby
Central (URC5Meld&4		ss			44,737		0	0	44,737		47,135
Local		fo			184		0&	0	184		157
	1
Come ofChsnsbls Acuvtads
Worship		ee			2,895		0	0	2,895		2,244
CharttaSe Ghdng		eb			0		0	2.507	2,507		5,193
Outreach Other AcdvNes Governance		srr w			1,082 2O3	Ii I	873 0	0	1,955 1061		1,404 361
Costs ofAdmtrdstrsaon
		rs			4,404		0		4,404
General Generagng Funds		rb rc		I.	19.002 0	I	0 OI		19,002 0		18,403 0
Costs ofChurch ropsrues The~Site		sc			24,954		0		24,954		24.248
The Evwsbekl Site		ss			24,271				49,9O1		13,091
The Manse		a			3,966		0:		3,968		8,367
Properdes Admbdstragon		sd			29,034		0.		29,034		25,728
Redevelo Costs					0		0		0		0
Total payments		for year			1S4,732		26,503	3,365	164,601		147,280
						2
										I
ReoNpts4saym ento					6,391		-24,893	-798	-19,301
TRANSFERS between	funds
Long4wm maintenance C aritable Giving		29					0	0 0»	0 0
Net Receipts ento					8391		-24,993	-798	-19,301

											Page 9
Financial Statements, Year Ended Oecember				2022
DISPOSITION OF FUNDS
							This Year				Last Year
			eslnnled			ee'aneled		Reerdered		2022	2021
			Funds t			Funds	r	Funds S		Total 8	Tolal 8
CASH FUNDS bthrtd (FY-21) Prior Year Adjustment		rs	110,820„115, 190 0t' 0-					36,827 210		262,838 210	260,257 0
Net Receipls-Payments-Transfers			8391		-	-24,8$$		-798		-1$,301	2581
CASH FUNDS cffwd 31 December			117,211			$0,2$7		38,238		243,748
STATEMENT OFASSETSAND UABIUTIES
Monetary assets
Bank Cunent Account			46,317			297		1,238		47,863
COLA I vestment AiC			15,894				0	0		15,894	I5,741
NSBI Savings Bond			55,000							180,000	180,000
Total monetary assets	La	3	117,211			$0,2$7		36,238		243,748	282,837
Non-Monetary asseta
92-94The Broadway fRastadrtN0										900,000	900,000
Other Tangible Fixed Assets		10								228,633	213,532
Total nondnonetary assets										1,128,633	1,113,532
Monies Due tothe Church
Gilt Aid Recovembkr fEstrtj										B,ooo	6,000
LeNngs income										1,196	2,150
Manse Rent		14								0	0
Estimated Monies Due										7,198	8,150
Assets used forctwrch purposes
Buildings under statutory trusts	Q	10	Church buodlngs			and manse				8,899,051	8,052,391
Church contents	M	1O	Fumishi		and	equi				228,833	213,532
Assets: Ctwrch Purposes										9,127,884	8~,$23
UabtlISes Creditors		2c		0.;.			0.	0	-,	0	0
Esgmated UabgMes				0			0	0		0	0
APPROVED by the Trustees and signed on			their behalf

Trin ChurCh	Trin ChurCh	Mill	Hill (urrnecr aeannat	Hill (urrnecr aeannat	Hill (urrnecr aeannat	arrrt ggrFEiorEao					Page 12
Financial Statements,			Year		Ended December 2022					NOTES -	continued
									Tsn Yaar		test Yssr
						uaalnoad		nauenid	Raalndad	2.S22	2.021
cosT$oFAcvttnTIEs						Funda	2	Funda t	Funda 2	Tidal 2	Tanr 2
Worship:	Mateibals					175				175	59
Worship: Wlnshba:	Music e.tdnm	8Vrnntg		People		2,345 0				2,345 0	1,935 0
Worshbr:	Pulpil Supply					375				375	250
Worship:	Information						0			0	0
Subdrdsr		Aclnnlnnattsvsnp
	Giving - General			Fund			0	0	0	0	0
Charitable	Giving	- Stginnetsd			Fund		0	0	0	0	3.000
heritable	Giving	- Leacties		Fund			0	0	0	0	0
Appeals							0	0	2.170	2,'l70	1,710
HAS							0	0	337	337	483
							0	0	0	0	0
Sutnrorsr		Cbsldacra		Grvanir
Genelat	Training						0		0	0	0
Generat	Events &Catanng						0		0	0	0
General:	Traidcratt						73		0	73	0
Genelet	Promoborml Materials						0		0	0	0
Generet	Sundries					129			623	752	171
sdhlield							0		0	0	0
Music							0		235	235	190
Oubaach:	Hobdsy	at Home		- Ossign'ld				873			599
Oubaach:	General							0			0
Oubaach:	Open House							0			805

Trinity Church Mill Hill (unfted	Trinity Church Mill Hill (unfted	ftsrorfned and effforffrpg	ftsrorfned and effforffrpg	ftsrorfned and effforffrpg							Page 13
Financial Statementa, Year Ended		December 2022								NOTES -	conanued
						This Year					Last Year
				Veduruud		Ddslpmd		Rnuuud		2022	2021
				Funds E		Fuels E		Funds E		TotatE	TolalE
7	COSTSOF ADMINISTRATION
	Govamsnca Trustees Maebngs				0			0		0	0
	Govemsnca Trustees Dmmlopment				0			0		0	0
	Governance: Professional Fees				4404			0		4404	950
Ta	Subdural rtdrenisirasoedovemsnrs
	Genwrdi Oifice				2,794			0		2,794	3.039
	Genendi ubscripfions				41			0		41	114
	Adminstrator			16167				0		18187	15250
7b	Sdbdrusr Aduvnrdfmftm~dmf
	Generabng Funds: Use ofPremises
	Genwabng Funds: Other
Tc	BvMofsr rtdmrudrmten-Funds
8	USEOFCHURCH PREtNBES
	Evsmaeld Centre									28,133
	Broadway									2S.078 58.211
	Fmm l September 2012the Hus Hsis odnsds school wss granted s			5year lease touss one			room al Tmily		Broadway
	as an sitka. Ttds lease can be terminated	an aves monsuy noses by eshw party.				The income is induded			In the
	Bmsdwsy urs above. The lasts was erdended		fora further 8yaws	from	1 September 2022
9	COSTSOF CHURCH PROPERTI
	Evwsrrekl Sita Mainbmsnce			12,801		25,630				38,431	2,838
	Eversfiekl Sile: Servkes				5,689		0			5,689	5,969
	E erslield Site: Security				3,088		0			3,088	2,182
	Eversfiatd Sits: Insurance			2,484			0			2,484	2,302
	Evwsrield Site: Rat Maintenance				210		0			210	0
	Bubdofst Eversasrd Bds
	Manse: Maintenance				2,565					2,565	7,098
	Manse: Senrices rrrrcf. Council Tsxf				0					0	0
	Manse: Insurance				1,403					1,403	1,271
	Manse; Miscellaneous				0					0	0
	Subdofsr. Sfsndo ~Sile: Maintenance				6.371					6,371	10,433
	Broadway Sfie: Sanious			10,060						10060	5,050
	Broadway Sile: Security			3,984						3,984	4,479
	Broadway Sile: Insurance			4539						4,539	4288
	Bubdorsr Bnwdwey Bde
	Maagement Coals				0					0	0
	Cwalaking			27,146						27,148	2S,438
	Insurance				194					194	-1,443
	Pension Costs				1693					1893	1 733
	Sob-kdsr. Ofhw Psymdnls