rb,. Trinity Church M (Thurth Mirri5ter.' Re4d.Davld Newton Clwrity No.. 1140176 TRUSTEES, ANNUAL REPORT AND STATEMENT OF FINANCIAL ACTIVITY Year to 31 DECEMBER 2024 Contents Trustees, Report I: Introduction 2: Structure, Governan and Management 3: Trustees 4.. Objectives 5: Activities 6: Financial Review 7: Risk Assessment 8: Our Future Hans Statement of Financial Activity Receipts & Payments Account Statement of Assets & abIlitieS Notes to the Finanoal Statements Independent Examinerfs Rewrt 10-14 15
TRUSTEES. REPORT l. Introduction The trustees present their rert and the financial statements for the year ended 31st DKember 2024.. Trinty Church Mill Hill is a Lc(al Ecumenical PartrErship in the Thames North Syn of the United Refomed Church (URC) and in the 8amet and Queensbury MetlKxlist Circuit within the Methodist London District. The Church is a MeMr of Churches Tcgether in Mill Hill FcfMHI. Trinity Church Mill Hill 0rateS on two srtes, 'The Broadway. where the principal act of Sunday Worship takes place and The Eversfidd Centre. where many of the community tivIt5 take pla. 2. Structure, Governance and Management. The constitution of Trinty Church Mill Hill (United Reformed and Meth(xlist) was signed on 6 January 2008, having teen approvexl by Thames North sync of the URC, by Bamet and Queensbury MethcKlist Orcuit and by toth national denominations. The r8]Ul Sharing Agreement urKJer the Sharirrtj of Church Buildings Att 1969 was also completed. In 2010, in accordantr wrth the requirement that churches must register as charities, Trinity Church Mill Hill, registeroj its new constitution as a Local Ecumenic31 Partnership ILEP). The standard governirrfj dc<ument for single congregation LEPS, approved by the Charity Commission was used. The Governing t)c(uments (Const¢tution and Schedule) for the Single Congregation Lal Ecumenical Partnership Trinity Church, Mill Hill We approved at the Church meeting held on 18 July 2010, and were also approv&J by the Sp)nsoring B(MJy. Churches Tcgether North Thames, and the Participating Churches, the MetWist London District and the United Reformed Thames North Synod. Trinity Church Mill Hill (Unit&J Reform&J and Methodist) has been registered with the Charty Commisgon as a tharity, (no. 1140176) Sin 2 February 2011 and a new constitution was then &Jopted. Under the constitution deCiSn making is by m&ins of Trustees, (Elders? Meetings and Congregational {Church} Meetings. Matters of finan related to capital projects fall within the remit of the Joint Church Counal. The Trustee5' rneeting combines the functions of URC Elders and Methodist Stewards Meetinglchurch Council. It consists of the Minister, Elders elerted by the Church meeting and a Church Secretary and Church Tsrer by the Trust$ from amongst their numter. Those serving in 2024 were: Nifta Manieson (hurch Secretary Malcolm Gill, and z Djin joint Church Treasurers. In addition, some "vItieS are managed by committees or officers that rert to Elders, and Church Meetings. A Finance Committee has oversight of all the financial re5Fonsibilities of the Church and the Property and Safety comm Overs the d)urch's responsibilities regarding propety and health and safety. The Church has a pakl administsBtor to oversee lettiros, and bc<)kk*ping activiti A Correspondent for Home and (herseas missn continues in this roie. The attivities of the Church are communicated through our website trinitymillhill.org.uk, the weekly noti sheet, and the Church Mazine Trinity Lamp. whtch is currently prc#Juced annually.
Page 2 3. Trustees The Trustees are the Elders of the Elders Meeting the treasUr and the Minister of the LEP. Eklers are elted and aprx)inted by Church Meeb"ng, in 1rdan with the constitution, following agreed Church procedures. Trust serving during 2024 were: Zoe Djin Malcolm Gill {Co-OPted from May 2023) Nina Manieson Alexandra Prid Michael Petersen Dr. 'Chard Bing Anna Twum-Barima Janet Tayk)r Genny Tettey Ishbel Lewis Pauline Seaton Malcolm Gill was ctropted by the eldets miThJ and has continued as church tsUrer. ResFonsitylitie5 of the Elders as trustees are carried out thrOh regular meetings and reports from other Church committees. ststutory Declaration The Eldersrrrustees of Trinity Church Mill Hill confimi that they have pa due regard to the guidan issued by the Charity Commission on public Lendit in deciding what activities the charity should undertake. 4. Objectives. The ob]tiveS of the Church, as out11# in the URC Basis of Unn are: To offer rular worship. To provide a ministry of caring. To ar witness to Jesus Christ in the variety of Church's organised life. The purpx)se of the charity, defined in the constitution is.. To advance the Christian faith in the of benefit in KCOrdan with the principles and practi of the Participating Churches. In &hieving its purp)se. the charity will engage in a range of activicies, either on its own or with others, including (but not restricted to): a) The lebratiOn of worship; b) The teaching of the Christian faith; c) MiSs)n and evangelism; d) Pastoral wo, including visiting the sick and the bewvgj; e) The provisM)n of facilities with a Christhan ethos for the local (ommunity, Including (but not restrited to) the elderty, the young and other grDUPS with special needs. and The SUprt of other charities in the UK and overseas. The Trinity Mission Statement, approved by Church Meeting on 14 SeEember 2008 remains: We, the Feople of Trinity Church Mill Hill (United Reformed and Methcdist), believe that we a called, in the F(swer of the Holy Spint, to tojether:
Page 3 To worship arKI to Sha the hope, the forgiveness and the love of c that we find in the life, death and resurrertion of Jesus Christ: To offer G(xl's love and Ca in words and tIOn to our newJhbours near and far; To seek justti and peace in our communty and the world; To sustsin and rene•V the life of the earth, as faithful stee4ards of GDJ'S creation. 5. Activities. Worship and Prayer In 2024 all of our worship Servi were in person. but with the opt¢on to join Sunday morning worship via Zwm. We also hold a mKlweek Holy Communion Servi on the first Tuesday of the month at The Eversfd Centre. The order of service for Sunday Worship is sent by email to the majority of members and made available on our vts51te so that it is available as widely as possible to tht)se not able to attend in person. Our nomial pattem of worship is for church SeN1 to te hekl on Sunday mornings at Trinity Church, The Broadway, to which all are wdcome. This indudes 1VitieS for younger people (Junior Church and Bible aass) and a crèche both as required. Additional or special services were held in accordance with Christian festivals. sometimes jointly with other churches through cfMH (Churche5 Tojether in Mill Hill) e.g. the Friday walk of witness. We encourage involvement in the leading of worship through Worship Teams who lead worship once a month. Our children and young people were alx¢ encouraged to be involved throwh leading worship twice a year, and through riOdiC all age worship. Through both the Eversfield Centre and The Broadway, we aim to see our pmIseS used for the benefit of the community. This is often through lettiThJs that provide education. care, exercise or entertainment with the focus on providing this for those toward the margins of scKiety. Of note are: Open House This provKles regular meetings with speakers, entertainment and social cccasions, aim& at okJer tEople from all b¥kgrourMls. During 2024 these were held in person the option to attend vra the ZcK)m having b*n discontinued. Holiday at Home, provKling a prc¥Jramme of varied tslks and artivities held during one week in August, particularly for those from the church, other Mill Hill Churches and the al community who cannot get away for a holiday. This was held on three days (Monday/WednesdaylFriday) in 2024. Britsom, a famity learning prc#Jramme for British mall,$ hdd On a week at The Eversfield Centre. Church members also participate in MH and other charitsble activities for the benefit of the community locally and further afield. Of partlar note are: Night Shelter: A Bamet wide multi-faith inrtiatNe to provide accommcdation for the homeless during the winter. Churth members volunteer when the shelter is hosted by a sister church wfthin cfMH. Christmas Lunch.. A CtMH ini(iative to provide lunch for those who would otherwise be on their own on Christmas Day. esla1 the ddedy. This was provi(d by delivering meals to w)ple's homes in 2024. Christian AKI: Annually memLErs partKipabJ in various forms of fundratsing mainly by adapting the Christian AKI 70km chaInge and holding a Cream Tea at the Eversfield site. Church members collettively walkal 1.7 millN)n step5.
Page 4 The CAx¥J NeighiK)ur Scheme for Mill Hill and Bumt Oak.. the church is represented on the toard of trustees a1 assists in a variety of ways. The pastoral care of members and lIrents is provided by the Elders and Ministers,. visits, prayer, home Communion, and other ad-h SUPF(Srt LEing provided. Disclpleship The Church encourages the continuing Tr)urney of faith of its members and adherents. As well as the young people's YK)rk, the worship leading provides the chance to engage with Christian teaching. We also encourage partiapation in Lent Study groups and the are numerous study days and other activities provided by swnsoring churches that are advertised to all. Grant Making As well as raising money on beha of other charities the a)urch makes grdnts from its own funds with the aim of supping a bri>ad range of tharities, fwising in part on l¢xal nd5, and in part on areas of particular rEed world-wKIe. 6. Financial Review The Accounts for 2024 have been Compl on a Receipts and Paym&nt$ basis . as in previous years. Outturn The overall result was a surplus of £51.865 whereas in 2023 there had been a deficrt of £21.861. This large surplus was primarily the result of a payment by Pizza Express of a backlog of rent. This backlog resulted frorn a rent feview which was completed in late 2024, providing for an increase in rent from September 2023. The backlog of £82,000 was paid at the end of 2024 re$uhing in the lafge surplus for the year. £25.000 from this amount was Irealed as a loan lo repay a deferred payment of £25.000 to the Ministry and MiSsn Fund. The MMF payment had been deferred since Covid and remained oulslanding until the Pizza 5rtuatn was resolved This amount ha$ now been paid and will appear in the 2025 kcounts. Unrestricted Fund Apart from the Pizza receipt, income beneffitted from signiknnlly hhr letting of Church premises by outse gfOUPS Offerings remained steady. Expenditure was £14,937 higher than in 2023. This was mainly the $t of property maintenance but many items of expendrture were higher from price increases. Designated Funds Movements were small. The main items were Charitable payments and interest reeeipts on Designated funds. Restrictsd Funds There was little change. Receipts and correskM)nding payments from Appeals for outside causes were the main items. Reserrfes The Church's policy is to have unrestlted reserves equal to six months, expenditure. Al Ihe end of 2024 reserves amounted to nine months. expendrture.
Page 5 FUre Prospects In re¢ent yeafs the Church'$ finances have been adversety affected by the reduction in rent from Pizza Express. This has now been resolved and the new market rent will help to keep the Church's finances on a firmer fooling. 7. Risk Assessment The risk falls into two areas. Firstty the tthntial for loss of income, athough voluntary giving and letting income have reroverexl to around pre-pandemic levels, we still await the outcome of post CVA arrangements with Pizza Exwess th to income and wtential repair costs. Secondly, we rety on volunteer support and we are seeking to mitvJate the risk of loss of key personnel. 8. Future Plans The two church prOrtIeS are well designed and equipped for worship and for outreach activities in the Ic1 community. There continues to be strong demand by community group5 using our premises. The church's work is taking plKe in an era of increasing change, refld in the changing population in the area the church serves. In its search to serye the congregation and l¢)cal community, Trinity Church continues to adjust to changing circumstances, reassess situations and explo optK)ns. The Church has upJat&J its website and has held serve$ virtually using Zcom confen facilities whh we are continuing to do to alk)w useboUnd members to participate in our activities. In 2024 we hosted our third summer musical conrt, the second to support the kxal charity 'Youth Realities,. We seek to buikl links to this arKI other Iccal charities to supwrt those in need in our local aw and express our Christian faith and concem. In autumn 2024 we conducted a survey of members and others to better understand the needs and desires or our worshipping communty. The trust&s continue to assess the feedback and develop ptans to er the reyuireff*nts expressed. In September 2025 there will a change in minister with the Rwd Danny Wheadon taking pastoral charge. APPROVED at the Elders Meeting held on Nina Manieson, Church Secretary
Page 7 Trinity Church Mill Chulcn Churth MlnlsteT." kntt.D0d Newion Choiity No.. 1140176 Statement of Financial Activity Year to end-December 2024
Trinity Church Mill Hill {UnitedR¢?DdM¢lodI Financial Statements. Year Ended December 2024 RECEIPTS AND PAYMENTS ACCOUNT Page 8 Th8 Ye¥ Last Ye8r 2D2J Total £ 2024 TN4E RECEIPTS Fw£ Vduntsry Givin4 Offenngs Loose Cold Offenry5" Plannod GMr¥J Donations Churth AflNrts Oonations Out$th Caus Lagacies Grft AWJ 2.341 26.644 220 2,341 26.844 220 890 2,141 28.807 33 1,343 7.890 37,095 7.89D 37.985 8,103 40.427 890 R•v•nw G•r¥Ion ofchutch Prtrni Manse R• E¢in¢ity Gen•rN Furt Raisi 8ank a Inbslmenl8 Irl•resl Income ficrfn Church Prcpert 82.580 82.58J 35.C 63.590 25.000 628 1.185 1,165 6,285 77.163 202.193 12 783 6,177 17,928 113.321 77 163 199.452 1,958 783 Charltsble Fund Church Acti¥ilKs Toi•l 238.834 3,076 1,673 243,583 156,882 PAYMEPITS CotA ol mIntry Central IURC & th¢IllI) Local 55.221 159 55.221 159 3W 54,583 144 .n7 Coit• rf Ch•rtt•b kUvltl•• Worship Charilabk• GN Oulteach O¢h•i AdNrt 3.851 3,851 2.391 2,198 554 4992 3.512 3.868 2.666 145 10.191 2.10) 1.357 394 ¢vi 2911 Cow ol Admlnlstr•O Go¥eman¢• 2,870 22,483 2.870 22.483 2,962 21,446 Generaling Funts 7¢ 243S3 243&3 Colts d Crth Proplrt The 8m8dway Srte The ÉverSfkl SAe The Manse Prowrt8 AdminislrntH)n Rede¥elopmenl C051s 29.706 23.354 4,093 32,265 25.308 2.669 37.932 25,308 2,669 37.932 1fft.gP2 89.478 Totsl payments for1 Rtt•lp18-Payments Short Tefm Loan TRANSFERS betsn fvnd% Long-iem maintena charrtab GivirvJ 188,327 50,508 2,941 135 450 1.223 191,718 51,865 25.orK) 17B,744 -21,861 25.IX#J 2b Net Recelpts.Paymerrts tz 3135 1 223 72.508 -21,861 25 12=32 TCMH FY24 SOFA lor 2024 v11d 1PA)525, R&P profomia
Pag8 9 Flnancial Statements. Ye•r Ended December 2024 DISPOSITION OF FUNDS ThL% Y La51 Year 2023 Total É 2024 T¢al E FL5 r CASH FUNDS tfr¥d IFY.231 Prior Year Adiu51rnent Net Receipts-Paymenis-Transfers CASH FUNDS ¢lfr 31 Lkcemt•r 93.781 37,233 221,915 243.746 32 -21,863 72.508 3.13$ 1,223 76.864 163.409 38.4 8,77 221.915 STATEMENT OF ASSETS LWLITIES MOrtary asts e¥nk Cufreni Account CCLA Investment WC NS&I sav1r Bond Totsl fflonotry ••••ty 14 130,967 17,441 15.¢XK) 6.916 141.337 17.441 140.rJo 45.323 .Cth 35,L 100,0 Non-monetsry asse1¥ 92-94 The Br¢•dway {R•srwM Other Tangib FXed A55els TO non4non•W aM•i• 900.0 256 070 ?0 279.264 1,179,264 Monkn Du• to th• Church Girt A¥1 Recoverab IEstdi Leiiirys Income Manse Rent 6.000 3.2Y 3.930 13 Estlmat•d Due Assets used fof Church pyrpwi Building5 under $lalulOry tw$is Church conlenls io io Chur¢h buibJirvJs man Fumishir¥J$ and equilen1 10.597.961 279 264 9,966.939 256.070 A8Mt•'. Church 10.077.225 .009 Llablllti Creditors E1m¥1•d Llablllt• APPROVED by TftMt•M and sl9n•d on th•lr behall by Madm G4 (Churth Tfe8Stffwl TM•Jx4•s 1&14 rc4mpM hwwlsr•ft•mpr 125 12..32 TCMH FY24 SOFA for 2024 v11d 160525. R&P proforma
Trinity Church Mill Hill (UnitdRefornMdandA•etllst) ' Financial Statements, Year Ended Docember 2024 IIOTES Page 10 ACCOUIITING POUCIES The finan081 staternenls have prePad In accordarte wth ts Chan5 Act 2011 Sectson 133, Jsir¥J Ihe Rec&ipts and PayThents b8si$ lo Small ChareS. and the Unrted Refomed Church guxjance. FUND ACCOUPITING 2• Unrtstrietsd Funds may be us8d by fc<any of its ortinary purp05•S zb D••lgll8twl Fund• psent tsnrestiiLied fLfftls Set asvje by Ihe chL¥th for $peoficde5NJnated wrpose$'. they ra# be transferred ba Inio 98wal Ws at the chwch's dets$4 Fund name & puw". Intaiest 21.351 2.217 63,608 1,934 2.396 3.103 8uildirtg$-GenvJl Manse D8PO$rt Legac5 Chaffjabkn GIviNJ Holklay At Hom• Teach 21.351 2.217 453 21.804 2.217 64.956 1,975 2,447 3,169 1.348 41 S7 66 1.034 2.119 3.103 2.1 1.118 • Tot•l• for d•l9n•t•d fvndffj 93 437 4.118 1.259 94.609 1.959 96.568 •%ndMr• ¢hLth n#• Dw¥hl. 14 L•v¢ 4r• SLt4eth a D•sityw•d FL Tth c•n b• us•d on cllfATrFinwK•Cc<fmue•aThY •W•to pty lor or uMxpeci•d Indudinp. rMth¢ted to. •nwwi•nt•trJ Gr[h mifg •ft to cau Yo1 surg H¢W 1• Ml ilk• Aumrner Z¢ R•Atrfct•d Fund• represent in¢offle may be eyThYed onty on those restricted obl8cts provKled In the iemis of a lrnsl or beoue51. or don•bons orgr¥nl¥ rtceNed or mvlod lor i specthc purpo% These fund6 c8n onty bè spent on Ihfr Sp¢£rf purp08e forwhkn Ihey We 9i¥¢n Any balarK rvrnaining unspeni musi cèmed lorward as a b818nce on Ihai fund fulutt eyndilure on th#1 speofic wrpose. or reiumed, Il unrwJl be abscthd Into general funds The I0& a¢tra¢t ithernsi Where awopiiaie. any rtth8red w Ra5trthd FuTrl0 i the fyur• lor tm fec8pt Th• CNJr¢Th'& Resi180 fun compn8e' Rw• Trnnb B&lP Int•Mt BAlanc• Fund namo & pwpose. For Chufcn Aai¥M$ He0thfitrj Fund Mvwc Fund RefU15M•nE yOh Fund Broa¢way Computer For Cxrtsvje C8115es Appeals 166 • 4.411 30.884 # 569 • 812 • 190 4,341 31.539 581 829 -160 4.251 30.884 569 812 90 855 221 150 221 50 226 50 HAB Total Re51r FuTrJ8 37.233 -1.150 36.973 0 783 37,756 orothef NS&11 insinJrnnts Teth&Qd 11 ryL¢¢btsoI • rnJb&(tyinatytottr¢ methty1 ChuKh ofmdl Hill £70.OmIkn#$ th erefwts51wf)L K)stdthe94rtLrX¢rod some on h (Y owan lthe Meth(xtsgtChufch
Trinity Church Mlll Hill fUnit•dRelonn8d •rtdAlelhodi5t) P8ge 11 Financial Ststsments, Year End¢d Decembèr 2024 IIOTES- contlnud 2¢ R•si1t Iconiinugdl yOF.. TM pl. firyhthesl JwrmbWLnons G¢Jihl. wth IM chldrw th& Chulth tOenCw tendltrCrrnr Bro•hay C1¢h AdHo¢ App••ls.' At Eithi. Hmsi&chAstriiaii thfrchwth M8 oppeali R4stnct4d Funth¥th trACceLts hc¢ W•li. tsrftA recort on Ihern IIA8.. HomethiA(l In ¥¢41 ihe Tn MONETARV ASSETS The Chur£n mon95 are hekj fft segreg•ied 8ttoun15. bui lor th• olthis finanwl stst•menl Ihe lolal ol each a¢wunl allo104 appropnalety Ihe vaws frjnds All Inwre$l Y rttepNed Into Ihe Genw•l lund and ihen apportioned pro rat¥ and tran$f8rr•¢ to th• le¥an1 fund al the eThJ of Ihe or Interesi has not been appkod lo IM M8n80 R•nl Deposit. TN•Y•w L•it Y 2023 Total É 2024 Ttyl £ RECEIPTS FR¢XI ACTMTIES Churcn Evgnts Open +4ov5e Tr•pJcrafi Mill 111 GNS Use ol F•¢iitk¢ rotal receipts from gew•l8¢M 1.2 2,318 1,088 1.979 3.¥)4 COSTS OF MIIIISTRY URC Central 31.284 Method1 C•ntrai & Circurt 23.937 Sutrts•J Afvrry.C•r¥1 M2 1£25.OQO has been *JedLKled from the URC and FuThJ ¢trthn u a Short lerm loan. This w85 repahl In 20251. P2-Book All¢MaKe P2£on5urnab$ P2-Entertain Pl-TravekCar P2-Tra¥ePPuic P2.Telephpne 31.284 23.937 55.221 31,284 23.299 152 152 144 144 Sb
Trinity Church Mill Hill {UniiwIRelomiod•ndllelhodistJ Page12 Financial Statements. Year Ended Dècember 2024 NOTES- ¢gntinuod ThtsY• La$1 Ye 2.3 Y(AIt COSTS OF ACTIVITIES FLThts E Trrtal E Worship Maiona15 W0h1P FhJsic Wofship ChildTen & YouThJ P8ople WoT3hip. Pulpit SuprAy WoTrhip. InlomialH)n 465 157 2.630 2.600 61 725 61 725 725 3.851 1512 cha¢rtab GiYirvJ- G•ner81 Fu Chairtable &virwJ- DosvJnaied FuThJ Chantabie GiviryJ- Le9aues FuThY Appea HAB BeW¢ser 2.1fy) 2,1 3.868 290 150 6b tcial 1390 G¢rerHI. Tfaining Gernrai. E¥eni$ 8 Caterwig Gerrfral TiavJ¢ran Gerral. promTraI Malwkgbl General SUThyr$ HeaihfbJ 394 394 160 160 145 145 Ic Outr¥ach. Hokday 81 HDmg- Dwnld OutreaGTh. General Outreach. Open House 841 841 704 653 2,11 937 951 776 704 653 6d
Trlnity Church Mill Hill fUnltedRefomed andAleUKxbst) Finan¢ial Ststements. Year End•d Decèmber 2024 Pao813 MOTES- contlnu•d Thy Lw¥tYèAr 2023 ToiAI £ 2U24 Tatal I COSTS OF ADMIIIISTRATIOII Go%rnance". Trustees Meelmgs Go¥em8nce'. Tru51&es Devdopmer Govemance. Profeswonai Fees 7a SutslDI AdpmJstrJtK¥GOW• General Office General Sub1>r Adminislraior Su&tol•l 2.870 2.870 2.962 2.¢62 3.459 3.459 2.468 418 18.560 21,416 19 024 19.024 7b Generalino Funds Use of Premws G•nèral1ty FurKJ$ Other 7c USE OF CHLIRCH PRÉMISES EwsfAd Centr• 43.674 3e.9 62,580 32.423 63 590 18 •n Thi• ltrrf•• mcth. rKlt• pvty Th• wJmvi éudod Inth• CO$T$ OF CHURCH PROPERTie8 Ewr5fieW sde Maini8nance Ewr$f site Services E%rsfld Siw Secunly Site Insuran¢• EYersfkl Site Fiai F48inl•n•n Su&ror•J E¥¥lWd 8.694 11.264 2.205 2.945 8.694 11.264 2.205 Z.945 4.446 14.340 1.739 2.77 50 213Jl Man8•. Mamten•nce M8n88. ServKes Man&è". Insuran n¥e. KIise8MaOUl 2,521 1.782 1.572 9b 4,093 9.219 10.204 5,2 5,027 2•.T06 Broadway Sile teae Bfoa4w3y Siie Services Bmath¥ay $e Secunly 8math¥ay Srte Insuranc• 16.176 13.214 1.120 5.574 16,176 13.214 1.120 5.574 M•nagemenl Costs C•relak 32.586 3.504 1.842 37.032 30,195 199 Pens10n Costs 1.842 37.032
Trinity Church Mill Hill (Uniled Relonno<1 •ndAlethothst) Financial Ststements. Yèar Ended Docernb•r 2024 P8ge 14 NOTES- c¢)mtlnu•d 10 ASSETS USED FOR CHURCH PURPOSES The folkiwing Church premises a YesteAI In Ihe URC Thames N(yth Synod TTUSI as IlUStee5 and 8fe not Chuich assels They are heJ forthe benefit of Tnnty Chur¢D Hill m accordance wth the Stslulory trusts applicable io URC prOpertS urthr the URC Ads The valuabon$ trjr In5uranes purposes ar& 85 $hown. Bro•thv•y sbtfr. Part of ihe srte Is •sed 10 Chnsikqn AclM)n {EnfkJl Hou51ng A$swa under a 12S-year ase The formei UrNon Church buikjing on Ihe 5rte $ not indd In fv ast Thts t&Jing has been redeveloped and was h8thJed back lo Ihe Church Dn 16 January 2012. It is nw In ie9ular use s8 a churth and outreach cÈnlre Tangib fixed èssels are In Ihe Contents fyure teW Ev•rn14•ld Sit•. This buiWirvJ Is useo rnaty fty oulreath acti¥rt5 Tangbkn fwed as$61S 8re in ihe Conten15 figure below Th• M¥M•.' has no rnoveab assets al tr M8n5e M fixtwes are Int)Aed In Ih? Intured volue ol the b4Jikaing The now 1 10 a tena¢)t Tho a5t can be rMlled on 3 monlhs nthce by either party Pr•pnl¥w {IAsw•dv Cont•nt Broa&ay Sble cl)17J Ever54 Site (Yl EetG¥ L¢Mkv7) Mans• Th• NW7) TOTAL 6,730.338 3.251,541 616.082 10.597.961 196.791 82.473 * 279,264 11 INCOIIE FROM CHURCII PROPERTIES A reni ReVW foi 92.94 The Broadway kn•seO 10 PLUa Ey4m8 Fl•sl•urnfits in AUl1 2019 w•$ nol COmpted before the ons•l ol Cod-19 P Mgolkqt•d 3 yeor Company Voluniary Arrangement • Sfyptember 2020 th•r reni was reduc•d from £50,000 P.8 10 £17.SOO p a A lent revw p2 Exprws was ctympted ) D8tsTrTber 2024 a naw r8ni 01167.500 p a from September 2023 £2.000 Glowd reni was r•cei¥ed trorn VK7 Lease olp•rt of the Churrkn Broathway ssle lo Chditkqn Adion IEnfkll Houlw , 12 IIITeREST Inleresi Is dralrityuted 10 Ihe GOra1. ResirKt¢d and Des¥Jn¥W proporticffj io Iho11 balanc al Decembei 2023 with Iht exp oilhe R•ni Depo¥rf FurY. HA8 (Horne$0 Aciiw 8meii. and 8ny ouisiandirg •p2alts ioial 13 IAANSE ReNT TThe shorthold tenancy 8gmmeni rw agreewrtt ioenablry a I)Mjfflg bu$m¢$& was ne918181nd agmd. comfflènuw 181 J•nu•ry 2016 arxl neWed in Octotér 2022. TM Depo8rt 15 insured with My Depos115. a irnding n•me olT•nDrKy Depo8rt SohJlv)ns Lld 14 BANK CURRENT A¢eouNT The pnnied bank balance ai fv end 012024 was £143 453.74. thÈ ouwaTrJry bemg £2,118.81 giwrvJ a balance 01£141.337 a$ shown TREASURER'S STATEAIEIIT I have prepared tr financwl 5t*emen15 pages 8 to 14 rended 31 Do¢ember 2024 from Ih? aceounbn9 records of Ihe Church M•kolm GIIK Chyrch Trettur•r
Trinlty Church Mill Hlll (UnltedRelofflKd ndAlelhodisV Financial Ststements. Year Ended De¢•mber 2024 Page 15 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report on the finaMal ststemenls of Tmrty Church HI# IUnf•J Il•knirndwio Methothsl) forthe endad 31 December 2024. whKh are set wl on page5 8 10 14 R•poMlb11611•s and b••ts of report As Ihè Chanty's IIU81805 you are r85pwith forth• ollhe accounii m accorylance wrth Ihe raquirom•nts olllk• ChaniN8s Ad 2011 llhe Ad'l I rep¢)rt In respect of my examinabon olthe cha3 •CCOUrtS cari oul undw 145 of th• Act and in urrying aul my examina11 I ha%% lo1)wed all th& awicablè OiectM)ns given bythe Chanty Cornm4&ion Under Be¢ln 145(519bl of Iht Aa. Ind•wthd•nt Ex•rnlfi•fi Stst•m•rtt I have compi6d my ey•minaiion i ¢tyffirm thBI no m8r4 matte¥8 h•w 10 my •ttenlM in conneuion wilh the 8MirOn gmnll m• Cau to b8k•ts Ih•l 8ny M¥t•n ro8p•cI.' 111 ¢counbng rcorth were ke in rew8 ofV thantyas i¢qund by ••¢bOn 130 01 Ir Acl.. or 121 th• accowts do Tr)t whh rnwrds Sned BrI H, FCA ............... Oal•' 109 DenI R(**J Pathers Green London 1413 4QA