Trustees. Annual Report for the period Period start date Oay PeTicJ end date Day Jonin l¥lop.Ih Ye2r From 01 01 2024 To31 12 2024 Section A Reference and administration details Charity name HYfHE UNITED REFORMED CHURCH CHARI other names charity is known by Cornerstone Hyihe URC Reglstered charity number (rf any) 1141707 Charity's prlnclpal address New Road Hythe Southampton Postcode S045 6BR Names of tho charlty trustees who manage the charity Trustsg name Dalè8 acted rf not for who Office Ilf any) Nome of sOn lor body) entitled oint tNstee ' Church Meeting Church Meeting Church Meeting Church Meeting Church Meeting Church Meeting Church Meeting Church Meeting Church Meeting Church Meeting Mrs Wendy Axton Mr Peter Blasby Mrs Beverley Hall Dr Richard Hall Elder From 2710312024 Elder Elder Secretary Elder Mrs Jytia James Ms Kay Keen Mrs Angela Ra%vcliffe Mr David Symmonds Mr NiGholas Tustian Mrs Margaret Yapp Elder To 270312024 Elder Elder Treasurer Elder 10 Names and addresses of advisers e of adviser Independent Examiner Name Mr Andrew Smith Address 43 Priestlands Trtchfield Common Fareham P014 4TE
Section B Structure, overnance and mana ement Description of the charlty's tntsts Trust Deed distilled from the Untted Reforned Church Acts (1972 and 1981) and Scheme of Union (1972) 0110111973, adopted 1011112010 Trust Type of governirvJ document How the charity is constituted Trustee selection methods A new Elder, as a Trustee. must be nominated and seconded by Church Member5. The Elders are elected by the Church Members at Church Meeting, nonnally the Annual General Meeting. Additlonal govemance issuès You may choose to include additional information, where relevant, about.. Organisational Structure Hythe Unrted Reforned Church is govemed by the Scheme of Union of the United Refom7ed Church and those constilLth'onal decisions of General Assembly binding on Local Churthes. Oversight of the Church is provided by the Elders, mts"ng through the authority of Church Meeting. The Elders. Meeting comptises the Minister (when appointed) and up to 9 Elders, including the Secretary and Treasurer, elected by Church Meeting. The day-lo-day work of the church is organised within 10 Ministry Teams (Administration, Building & Fabric. Evangelism & Fellowship, Families Matter, Finance. Pastoral, Prayer. Wodd Church, Worship, Youth & Children) each with a Leader appointed by Church Meeting on commendation of the Elders. Meeting. The Ministry Teams. activities are managed through the Elders. Meeting, as all but one of the Ministy Leaders are also Elders. policies and procedures adopled for the induction and training of trustees" the charity's organisational structure and any wider neIOrk with which the charty • relationship with any related parties., trustees, considerat'on of major risks and the system and procedures to manage them. Risk Management Major risks are managed though appropriate Health & Safety policies and procedures. In particular this includes a Safeguarding Policy for Children. Young People & Vulnerable Adutts. a Data Privacy Statement and risk assessments for events. Section C Ob"ectives and activities Summary of the objeGts of the charity set out in its governing document The advancement of the Christian faith for the benefft of the public in aGcordan with the Stheme of Union of the United Reformed Church
The main actrvities undertaken for the public benefit are summarised below. In advancing these activities the Elders, as trustees, have taken due regard to the guidance on public benefft issued by the Charity Commission. During 2024.. Public worship has been provided every Sunday moming and the seNi¢es are live-streamed via YouTube. Singing is accompanied by a variety of organ, piano or small worship group, or uses videos shown on two large screens. SerVis are occasionally held at other times. Holy Communion is nomially lebrated in the moming worship on the first Sunday of each month. Knowledge and understsnding of the Christian faith have beèn advanced through prea¢hing during servi$ of public worship. bible study and discussion within Homegroups and between individuals. Teaching the Christian faith to all ages within worship, through the 'Light Years. for children and young people, though Youth Bible Group for young people, through bible study in Homegroups and through other teaching and discussion. Provision of training, nurture and activities for children and young people. During school temis there were after-schoollevening activities provided by the Boys. Brigade for those age 5-14 years. Youth Club for age 11-18 years. and Youth Bible Group for age 12-18. The Toddlers Group for pre-school children also met one moming each week. Pastoral care and support to members and those in need. A caring system was managed through the Elders and Homegroups to provide ¢are for those in sickness, distress or poverty. Opportunities for Prayer for individuals, the communty, events and the world are regularly available on Sundays, on Monday and Wednesday momings. at occasional other times during the week. The church premises are nomially available and used by Community groups for their activities and by indtviduals for private oGGa5ions. Concerts by visiting orchestras and groups have been held. The church foyer was nornally open every moming providing refreshments and a place to ¢hat for anyone. Funerals have been corKlucted for church member8, friends and members of the publio. Historical records of baptisms and marriages are available for public inspection. Outreach work to children and young people has been delivered through the yOLrth organisations. Women's Guild and Men's Breakfast also provide opportuntties for support and OLrtreach within peer groups. Support for mission work in the UK and ovèrseas through people, prayer and finan. Support for the Waterside homeless project The Crossings, and Foodbank through many individuals, prayer and finan. Summary of the main activities undertaken forthe public benefit in relation to these objects {include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) Additional details of objectives and activittes (Oplional infornlation) You may choose to include further There is no fomal policy on grant making, though small grants may occasionally be statements. where made to organisations or individuals but only after agreement of Church Meeting. relevant, about: There is no programme related invesbnent. policy on grantmaking,. policy programme related investment" Gontrtbution made by volunteers. The contrtbution made by volunteers is inGalculable. Since Dernber 2020 we have been without a Minister. We now have no employees and all roles and most tasks are undertaken voluntarily by members and friends.
Section D Achievements and performance Hythe Uniied Refomied Church. known as Comerstone, continues to provide a vibrant centre for Christs'an worship. outreach and Servi to the communty. The main achievements during the year are summarised below". Services of public worship were held every Sunday. An average of 74 adutts and 5 children attended the worship in the church on Sunday momings. In addrtion, an average of 45 viewings of the recorded services were made. A programme of teaching themes and topics for the year was developed and invited ministers and lay preachers provided challenging and inspiring input. Holy Communion was induded in the Sunday moming worship each month. as well as at festival occasions. The perfomiing arts group called 'Drama Uamas. provided dramatic illustrations of the preaching topics during moming services about once each month and at a couple of other events. Four people were welcomed into membership of the church and at the end of the year Membership stood at 94. A further 30 people were regular attenders. Pastoral care and support have been provrded to many members and friends in need by the Elders and through the Homegroups. Holy Communion was taken to some housebound fn.ends in their own homes. Flowers displayed in church on Sundays were distributed on Mondays to those who would benefft from this grft of encouragement. thanks or blessing. A Prayer Meeting on to all was held every Monday moming at 1 Oam and an Eady Moming prayer meeting on Wednesdays at 8.30am. A prayer spider using email and telephone encourages over 80 people within the fellovtship to pray for specthc situations and provided a vital lifeline for many Cornerstone News containing infomiation on events, prayer, fellowship news, comment and review was published 10 times during the year. The website www.cornerstoneh heurc.or was hacked, so holding page has helped communication while a new site is being developed. During the year there were 3 funerdls and 1 wedding at th& church. The Foyer was open for tea, coffee and chat every moming attracting many passers-by and regular customers. Pins & Needles met in the foyer on Friday momings for needleuaft and fellowship involving over a dozen people. The Table-Top Sales on Tuesday momings every fortnight attracted many from the community and provides valuable outreach. Sales of donated goods raised £6.500 which contributed to the Building Repairs Loan Repayment Fund. A Christian Counselling service was hosted 2 times each week. Support for the Waterside Food Bank through the donation of food goods has been provided on a regular basis. Six Homegroups, attended by about 60 people, met twice per month for bible study. worship. prayer and fellowship. Some groups meet in members, homes, sorne in the church building and one at a restauranupub. A Church Weekend Away was attended by 25 people vtho enjoyed renewing and challenging teathing within a relaxed time of fellowship. Outreach events in the k)cal town ntre at Easter and Christmas attracted many people. A CTram Tea. Summer Bart)ecue, Harvest Lunch, Sunday picnic lunches and walks in the forest provided happy occasions for people to meet in a laXed manner. Women's Guild. meeting each month, enabled women of the church and communty to share in friendship and activities. A small group of >5 children aged 5 to 12 have enjoyed lots of fun in Light Yeats as the leamt about God each Sunda momin Summary of the main achievements of the charity during the year
Youth Club meeting every 2 weeks on Friday evenings attracted 10-14 young people aged 11-18 from the community for a varied programme of social and craft activrties. Youth Bible Study meets.ng on the altemate Friday evenings provided opportunriies for a group of 4-7 young people to explore farth issues in a relaxed environment. Boys. Brigade on a Monday evening Fs a small company with 8 boys aged for &14 years old. The boys enjoy a range of sports. crafts. games and other activibes. Toddler Group regularly attracted about 1Ck15 families and their children on Wednesday momings. where the parents1Cars can chat together while their children have fun in a caring environment. Families Matter at Hythe URC is a Ministry of the church but operates as a charity in its own right serving the needs of the local community, especially families. It lebrated its 2V anniversary two years ago. Projects included Parenting courses and parent support wrth complex family issues, SWANS (Support with Additional Needs), Women's Wellbeing Group and various schools worK including On The Right Trdth school transition work. 'Hythe Huddle. supporting people with dementia aNJ their carers meets every month, as well as the Memory Group. Men@Cornerstone rnet on a Saturday moming on 7 occasions when about 15-20 men enjoyed a full English breakfast, listened to a range of invited speakers and provided a chance to socialise. The exercise class 'Hythe Active,, aiming to improve the fftness and well- being of those over 60. continued wth an average of about 18 people attending on Thursday momings. Mission work has been supported In severdl places around the world, in Uganda (through Romans 1-11 Trust) funding new school and church building and pastor support and in Ukraine in support of Hope Now. For Ukraine dothes and other essential items are also Gollected and taken to Hope Now for onward transfer to the people in Ukraine. A small team also made Iwo visits to Sierra Leone to support Devine Grace Ministries in Kafants, to train the local pastors and to review the projects previously initiated including bakeries sewing and soa*maknng projects. A number of wells were also repaired and a solar pump and bore hole installed. Six fundraising events Vre held during the year- a quiz, murder mystery dinner. cream tea, two conrtS and Christrnas Fayre, together raising over £4,000 for the Building Repairs Loan Repayment Fund. Section E Financial review Review of tho Charity's financial position A review of the Balan Sheet at the 31 Dec 24 shows the Trust in an apparendy very health position with total reserves of over £92,000 induding a General FuThJ balance of nearfy £59,000. This does not however reftect the true position that the Trustees had to face midway through the year. IIVhen the onff funding for the building project vtss removed and recognising the spiralling Cost of heating, lighb.ng and building repairs it was projected that the true balan in the General Fund would likely fall below the £10.000 minimum in 2024 and this would mean that setting a sustainable Budget for 2025 could not be undertaken 4rfhout major txts in costs ie Church adivittes. The response from the Trustees was to launch a major appeal to Members and FrFends of the Church both in tenns of addressing the short-tenn problem in 2024 {estimaled at £13,orxi) and the longer-term issue of a deficrt in futtlre years as costs continue to outstnp available inGome. The response from the Members was incredibly gerierous and nol only was the slK)rt-tenn problem resolved there was also an increase in offerings {ind Gtft Aid) of over 10% from £78,000 to a projected £86.0 in 2025. A dea.sion vrds also made to use non-s cthc funds
raised for the Outreach Fund to meet loan repayment liabilitEs of £4.100 in the year. As a result, the Trust is in a much more stable ongoing financial position, bLrt the Trustees recognise the Trust's vulnerabilty in temis of an over relian on individual donations. In tenns of alternative sources of income. it is pleasing to see that Room Hire income is stsrting to show a si ntficant im vement after the fall durin the COVID. It has been agreed that in order to provide for possible unforeseen expendrture the General Reserves should be maintained currently at a minimum level of £10,OCK] and should not normally exed £25,000. The Reserves Policy is reviewed annually. Brief statement of the charity's policy on reserves Included in the General Fund Reserve is £8,000 eannarked for future building repairs, specifically the heating boiler. It is policy to increase this eannarked reserve by £1,000 each year. A policy decision was made in 2024 to repay the Wessex Synod loans (£15,000 and £20.000) as soon as possible. At present £15.700 is eaarked in the General Fund Reserve which will enable the first of the two loans to be redeemed in earl 2025. Details of any funds materialty in deficit There are no funds in deficit. Further financial review detsils You may choose to include additional infomiation, where relevant about= the charity's principal sources of funds (including any fundraising)., how expenditure has supported the key objectives of the charity-, investment policy and objectives including any ethical investment policy adopted. The principal SOU of funds for the General Fund is from the faithful and generous regular giving of the members and friends, which (including Gift d) provided 75% of all income. All the expenditure has been to provide for and support the ministy and mission of the church in the communty. Oiher than money held in the Bank. the church does not hold any investmerts. Section F Other optional information Following the completion of the repayment of the loan for the renewal of the church building, the Building Fund was closed and the OLrtreach Fund launched to provide resources for the mission and outreach of the church in the local communf(y. in other plaS wtthin the UK and overseas_ A target for future finan¢ial aid for such projects was set as a tithe (1 Ooh) of the cost of the new building and was £201,400. After 13 years a total of £188,093 has been donated from this fuThJ, 93% of the target. Section G Declaration The trustees declare that they have approved the trustees, report abové. Signed on behall of the charity's trustees Signature(s) QJ41
Full name{s} Position (eg Secretary. Chair, etc} Nicholas Roland Tustsan Richard Duncan Hall Treasurer SeGretary Date 14 Odober 2025
CORNERSTONE Hythe United Reformed Church HYfHE UNrrED REFORMED CHURCH FINANCIAL STATEMENTS 31 DECEMBER 2024 coptrETrKS Page ststement of finanaal attFYttses Balance sheet Notes to the finanaal statanents Treasurerfs ststement Independent examinerfs report 3-11 12 12
HYfHE UNrrED REFORMED CHURCH sTATEmEr OF FINANCIALACllVmES FOR ThE YEAR ENDED 31 DECEMBER 2024 TOTAL 2024 2023 INCOMING RESOURCES IfKoming resour from get furJs: Voluntsry itKDme Activitles for generats"rNJ 103,628 6,116 8,061 109,744 10,157 1,874 135,909 9,310 1,051 1,086 Incoming resour fiDm dritale a Other incomirbJ resouros Churth organisatiors Totsl incoming resouros 379 2,052 379 6,460 2,465 131079 372 93,669 2,563 241874 2.465 17,430 RESOURCES EXPENDED Costs of gerErating fuTrJs Charitable actÉvtties: URC Ministy & Misslon Furxl Mlnisterial costs 1,695 1,695 1,204 $1,144 51.144 51,144 io li 52,388 92 52,480 124,892 Grants payable restricta donatiors passed on G0Veman costs Churth opJanisatlor 23,695 23,695 120 23,773 120 4,230 205,363 120 14 103,652 27,891 131,543 Net incomingl(outgotng) resour before transfers 5,589 (10,461) (464) 37,511 Gross transfers between funds 5,393) 5,393 Net movement in furKIs 196 9,801 (10,461) (464) 37.511 Totsl funds blfwd i January 2023 37,722 14,245 40,791 92,758 55,247 Total funds clfwd 31 December 2024 INce 17) (Nth 181 The notes on pages 3 to 11 fom part of these fir ststements
HYfHE UNrrED REFORMED CHURCH BALANCE SHEEr AS AT 31 DECEMBER 2024 TOTAL TOTAL 2024 2023 CURRENT ASSErs Debtors Bank aTrJ cash baL9rMzs 201 30,129 30,330 7,997 88,833 96,830 11,921 85,217 97,138 19 34,658 24,046 42.454 24,046 CURRE1 LIABILtrIES Less Credit5 payable within ypar 16 4.536 4.536 NEf CURRErir ASSETS 37,918 24,046 30,330 92,294 92,758 Less cltorS paYae after one year 30.330 92 294 £ 92 758 ThE FUNDS OF THE CHARrrY Unrestricted irKome fund5.' General De4gnated Totsl 37,918 37,918 24,046 61, 37,722 14,245 51,967 17 24,046 24,046 37,918 Restrkt& income funds: 18 30,330 30,330 40,791 92 294 £ 92.758 37,918 APPROVED by the Church MeetiThJ 09 2025 and signed on its behalf by the chaimwn The notes on pages 3 to 11 form Ekirt of the finala1 statlts
HYfHE UNrfED REFORMED CHURCH NOTES TO THE STATEMENf OF FIPIANCIAL AcrIvmES FOR THE YEAR ENDED 31 DECEMBER 2024 AccouiifING POLICIES la Basis of Accourting The finanoal ststemats teen prepar8J in arnrdore with financial ReKxJtiro starbjard for Smaller EntWW"ses (FRSSE 2015) as by the (hirtty Commisgon, arxl Unit8J Reft)rmed Church guidan. AttPK)wh tfjow £250,0 threSd nts have tten prepared on an arS bags and has LEen atvlied (m515Y Ib Fund Accountlng Unrestritted funds a aThIae tr Lse at the diYreth (knch in fimtlww of its 0%31itsbJe ob]"eLtives. in the tsrms of a granL Endowment ftJr#ts are fijnds trE caixtal of whith mt& be maintain8J,' rKIMllY only ir#xJme arisng from Ic Tangible FIX1 As%ets XCYJ As are no Ier co1 ar#J shJ•m in Ij as As a regjlt there Is also fK> annual depreciation thar to revaw assets are wrcthased from revenue and 5wn as SLKth in the year of purd. This is rermitt&J urKler Chatity CommissorLS accounting f¢x accr715 8rKf rel] a tr aTrJ fair Vie L the atS ftnarxx Id InrA>ming Resourc4s I voluntary giving is Indled in finaal statents fcr the wioKI in tt 15 r£reived. D0Th4ts"ons under GJ"ft F4us the awKiatul tax rercw are rn11 as i1)rne when tt donation is recved. Legaaes a accountuj for their rexEipt is certsin arKI can quantrJ. l other irKome is recconis&l wFw it is r&avabl& le Resources Expended The URC Ministy & Misgon FuTrJ CtrILrtion is regarty aml is irKILMl&l in fiTh3fKial statements for the year to whith tt relates. ReUrceS expend&1 are rÈrconi in to wA¥th tly a IalKIe attr1the VAT which cannot LE 0ver&I. They are alkKata to tt particukr to whi(h rdate. Governan costs repret di ex1rture on of chjrch, the w(MIC and IreperJent gJubny of finarKial statements. As most of management aThJ actswty of churth is carrIj by volunteer& this intsrwjible cost is )t irKI in the finaroal stateffl ths K4untsry crrtn"twJti(m to the Itfe of rth is itTrlcu1ate. If Taxation With effed from 4th May 2011, chur(h was R8JiStprnl as Chanty No: 1141707. Befe thLS date, as part of the United Reformed thurth. the churth was an excep1 charty 7Mthin meaniThJ of the Taxes Acts. Accordingly it is ptEalty exempt from taxBlion in rW of iome aThJ caprtal gair6 r&eNed to extent that wch income or gains are aled to duVdY chariiat4e rAJr[x No prow&on frjr Ig BuildÈng Refurbishment Project In 2022 Churth commerThl a major building5 refiJthshnwt at a totsl cost of alrr¥)st £120.000. The WO was ftmded in part (£lO,OOQ) from exsttrwj trAK*ts but in main from external grants, contr11xor and lOar from SyTh>l(Q5.OCKI).
HYTHE UNrrED REFORMED CHURCH NOTES TO THE sfATEmEr OF FINANCIAL ACTIvrrIES FOR THE YEAR ENDED 31 DECEMBER 2024 TOTAL 2024 TOTAL 2023 VOLuMfARY INCOME OfferiThJs sclaI offng5 donations. AppEals Outreach Fund donations Donations for tea & coff& etc otr donations (Flowers, n¥etter &) Income Lix reftjnds urKler Gfft Legaaes 67,551 13,713 4,050 2,138 1.265 14,911 67,551 13.713 9,260 2,138 1,265 15.817 63.854 12,359 37,845 2,638 1,235 14,978 5,210 103 628 6,116 109,744 135,YJ9 ACTivmES FOR GEt4ERATING FUNDS Church lettirvJs Fulld raising eventsla(M Grants 1.956 140 1,956 8,201 1,691 7,619 8,061 9.310 INvESTMEr INCOME Bank interest 1,874 1.874 1,051 1,051 INCOMING RESOURCES FROM CHARtrABLE AcfIvTrY kSta11 (incl Homg3roup) 379 379 379 379 372 3n OTHER INCOMING RESOURCES Building Refurbishment PrOt Reimbursement of telep1e Reimbursemert of photww.ng Re1mbUt of bu1[rO o)5ts Mens Breakfrdst Donati5 ftDm churth organit)5 Benevolent Furn1 otlw milIa)US irmme 92.592 50 20 422 422 415 200 442 93,9 2,052 CHURCH ORGANISATIONS INCOME The Church organisations listed LElow each maintrin waTrte aLounts t#Jt have be i[juded ft)r overall completeness. To assist urbknrKliTrJ aThJ trary)arer income & KIrture of these lnts have not keen split into the sreific catwi* in these are gjmmarrwl in Note 18b. Youth Club 553 553 s, Brigade 403 403 Girls, Brigade pants & T&ldlers Women's Guild 527 527 962 1465 643 1,215 2.465
HYfHE UNrrED REFORMED CHURCH NOTES TO THE sfATEMENT OF FINANCIAL AcvrnES FOR THE YEAR ENDED 31 DECEMBER 2024 TOTAL 2024 2023 8 cosrs OF GENEIiATING FUNDS C05t of fund raisiTrJ events 1.695 1,695 1,695 1,695 1,201 1.204 MINIsfRY & MISSION FUND The churth contn"butes to the ntral URC costs of tsairurNJ aTrJ FYow(tiIKJ ministers (ilUdij the ntralIsed payment of stipdS, on (ctrIcK aThJ ots tEfft5 ts minister5). TunniThJ the denominat. and the wder misston of natior1 churth. Bas&J thlwth's mIShIP in 2024 amounted to £51,144 10 MINISTERIAL cosrs Minister's experses & tr3lnl Manse water tharues Manse cou1 tsx 11 cosrs OF CHURCH AcnvrrIES Finance Ministry Water tharges Heatiw & ghts"r InsurarKe Aprth15 135 15,659 3,974 135 15.659 3,974 14,666 3%39 1.810 1,796 1,236 24,239 4.056 1.118 Generdl costs (inc Bank (hrges) 4,056 1,210 92 92 Bullding & Fabric Cleaning & Housekeepir¥J Building Itoiett Maintenance thurth bjildi 1,1)05 5,988 l.(NJ5 5,988 7,098 76.726 9,388 87,702 14,091 Admlnistration Ststionery and wlnti Postage TdepFK)ne offi equipment Photoccyier Lscen MemtBship Sub5(T1pti FI0rS other admin costs 433 433 452 2,931 2,991 1,362 1.026 122 1,204 1,362 1,026 122 1,204 1,477 1,197 loo 1,245 33 7.453 7,138 Publiaty & Communicatlon Publicity Newsletter 160 160 160 160 192 192 Fellowshlp & Sal Events Tea & coff 261 1,482 1.542 2.192
HYfHE UNrrED REFORMED CHURCH NOTES TO THE sfATEMENT OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31 DECEMBER 2024 11 Costs OF CHURCH AcnvrrIES- anued 2024 2023 Worship Pulpit sw¥ Music GroLP Equipment Creab"ve worship I,IrJ 1,173 1,114 165 165 405 Prayer Trdinir¥J & matwial 1.SlS Pastoral Home GrOl material Safeguarding paSal eYpertse5 187 165 183 535 187 165 183 535 265 145 2(Y) 610 Families Matter Youth & Childran's Work ght Years & Grid Girts, Brigade PK>ys' Brigade Youth aub Youth Worker ght Years s)r1p 220 254 220 254 240 240 Evangelism pha Men's Breakfast Foyer Ministry Evangelism Events ErfK)kstall Other EVa[lSM 152 336 336 83 755 221 97 755 221 97 1.492 201 World Church Other World Churth 745 52,388 92 124 892
HYfHE UNITED REFORMED CHURCH NOTES TO THE STATEMENT OF FINANCIAL ACTivrfIES FOR THE YEAR ENDED 31 DECEMBER 2024 TOTAL 2024 TOTAL 2023 12 GRArirs PAYABLE AIID REsfiucTED DOMATIONS PASSED ON Appeals & Mlssion & Yth Support Romarns 1-11 Tnst Sent Ministrie5. Sierrd L Hope Now Building Loans FuThJ General Akyals 2,000 13,210 2,3LO 12,633 1,93D 13,210 6,500 400 23,610 85 23.695 Benevolent Fund 23,610 85 23,773 23,rn 13 GOVERNANCE cosrs Audttor 120 120 120 120 120 14 CHURCH ORGANISATIONS EXPENDtTURE See Ntsts at section 7 alVe for ItKon* ATr31y&"s 3rn118b rwjardirvj R&trrctod FutM15 Youth aub 539 Boys, Brtgade 385 Girf5' Brigaje Parents &Toddlers Women'5 Guild 539 385 718 767 718 767 2,409 1,443 4,230
HYfHE UNrrED REFORMED CHURCH NOTES TO THE sfATEMENT OF FINANCIAL AcfivTfIES FOR THE YEAR ENDED 31 DECEMBER 2024 TOTAL 2024 roTAL 2023 15 DEwfoRS Gift Aid Tax recoveTalAe BuildirvJ Loan . Outr&Kh Contr110n Room Hire Cath bartked In Thv)nth foll(wirYJ r10 4,387 201 6,247 1,855 1,554 7,796 1,855 3,074 11.921 201 7,997 16 CURRENT LIABILrrIES Creditors payable 1n one year, 4,536 4,536 4,380 4,380 4,536 The loans rereived in 2023 in rew of tlId1rj (see Note Ig) totsllal £35,fMY) whid) have a total outstsrwJir¥J balèr of £30.425 as at 31 2024. This reWests a Term abilia11ty will LE repafd by tkc 2033 ue$S fiJrKis ere an earty rerA3yrTvL As at 31 2024 a cl £11.288 ha5 been designatal for eady repayment (see Note 17) 17 DESIGNATED FUNDS The churth operdtes three D&Jgn3tsJ (l) Church Fabric Furyj to accumtjlate fiJrhJs for fure Luldiro IntlirKe, aThl {2} Expenses Float F. wth £350 by the lldership (3) Loan Repayment Furnl The movema)ts on the gnatal durtrwJ the year were". 2024 20 Openirhj Balae 1st January 2024 Income in Year Trnnsfer from GerEral 1rKI Balan clf 31 DeCeMl 2024 350 6.895 14,245 350 7,895 14,245 8,000 350 15,696 24,046 18 RERICTED FUNDS There are two Resth'cted Furnts iyilhin main clth 0Ats a furttr fve mainiainbj ty Churth OrganIsatior which arE al Ricted. 18a Maln Churth kcounts Ri(ed Funds The main churth )Unts irKlude two RestiKted FurNts, the ThleS can be Sffic puw for which fv were enJted to dmjrth. m(x]ies are mt at disEK&l of Church Meetsng for ary other purpx)se, aThJ retreL Benevolent Fund . trms furKI gtft5 to iTrJividtMls in [J, as ¢kterMij ty the Pastoral Minlsty Te3m Leathr or Mini in with dder. IrW]M is thrc4bJh donatior& Outreath Fund- fc4lowing retwrn c(all the loans the re+V bJildiTrJi this fuThJ was established in DeCeMr 2011 to pmwde fuThlir•J for (WJtr arky miS&C l(K31ty. wthin the UK & overseas. a1 in 2021. Sent ministri relates to tr Churth* maln mission to Sien3 Leon.
HYfHE UNrrED REFORMED CHURCH NOTES TO THE sfATEMEKf OF FINANCIAL AcrIvmES FOR THE YEAR ENDED 31 DECEMBER 2024 Main Church Accourts Restricted Funts (cont) 2024 X123 Benevolent Fund Balan blf l Jan t giviThJ 1.113 1,1 1,113 85 L113 $fiC gifts passaj Balan clf 31 l.it3 TOTAL 2024 2023 Outreath Fund Balan blf l Jan DireLt glvlng church (xganl*tions Legacies Gift Aid refurnls FuThJ raisiry ind Table TLV SlerTa Lr Mi Bank intere 37.174 4,038 21.756 4,635 853 8.061 i.IT2 27.210 438 62.332 52,139 5fiC gtfts passed on: Romans1-11 Tnjst Sierra Lee Hope Now Buil(51 Loans Fund other Supwrt Bank & Misc Fund rèising costs Balance c/f 31 Dec (2,0001 (2,310) (13,210) (12,633) (1,500) (1,930) (6,500) (6,cM)o) (4001 {0) (92) (181) 1,695) 1,204) 26,742 37,174
HYTHE UNTfED REFORMED CHURCH io NOTES TO THE sfATEMEpif OF FINANCIAL ACTIVMES FOR THE YEAR ENDED 31 DECEMBER 2024 18b Church Organisations ReStrIrt Funds There are fve Church organisatirxks, whKth are an integral part of Churth, maintsin accounts separate from the main thurth ac(J)unts. All of the furyts are rthr(kni in ltr ty (an thy Ik usExl ftjr the ¢xganisation to which tFw were entTUSted. Tlw are tlwefore in Balar Strt as one totsl aloro with restrirted funds that relate to Gawal aTrl Outreach FuThls. The (Kgarnsattcrs a as fdlows Boys, Brigade. the fvnd S1[#g bvork of 1st Brig& in its rninty and scoal actswties arTK)ry W It is mainab.ned by 9jbxript aT¥J dcnatror Girfs. Brigade- Cead to 5t in x¥Jx. Balare hdd in ewt it thld restart Parent & ToddleryJ. fiJThJ for rLIng Partt & Tcmldkn Gr(w aCtmti. maints11 by ripts05. Women'5 Guild - this yJEyyts the acbwtses of w0n'S Guiw in its Chri9ian fellov&up and xoal ministry among women. It is NInts1 ty 9blptiLS )b"on5. Youth Club- this furMI supports the hV[beS of the churth Yc*th aub in its sxial atx1 fdlwship tIve5 anM)rKJ teenage youry [B)p. It is maintsiwj largdy trrf knrptic 2024 Youth Club Balae blf l Jan Sub%riptions Tuck Activitr"es tx)nab"ons 2024 2023 Parent & Toddler5 1,197 Balar blf l Ja 350 Sukniptions 32 Bank inttr O Mi 266 527 1,108 643 iio 793 1,751 1,236 Gffts (2211 tjonati (7) midIaneouS 1668) Ba rjf 31 Dec Acbmtles & materials Tuck Equipment BalarKe clf 31 Dec (531) (8) (108) (610) (85) (1,400) 75 266 697 2024 Girfs. Brigade Balance tyf l Jan 2024 2023 Women's Guild 60 Ballr blf l Jan clt)n 624 454 852 385 BalarKE ur 31 Dec 60 Arwls 530 293 2,067 (33) (li) (34) (1291 (550) io 839 GFtts etc Oubrtydinr skers (176) 1145) {260) (201 {830) (12) 624 BalarLE df 31
HYfHE UNrrED REFORMED CHURCH NOTES TO THE sfATEMENT OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31 DECEMBER 2024 li Churth Organisations Restrict¢d Funds (a)nt) 2024 2023 Balar blf l Jan SubscriptM)rLS Uniforms Camp sla1 acbwtr Tud( Donations 952 287 365 io 1.272 1,275 Annual subscriptr.ons Uniforms, awards & badges Materials & equipment Camp pynses Tk Ott*r costs Bala[e rjf 31 D (211) (40) (56) {214} (58) (25) {12) (22) 19 Bank Balances 2024 General Rjnd Benevolent FuThY Outreach Fund Girts Brigade Parents and T¢yJdlers Womens Guild Boys Brigade Youth aub 58.704 1.028 26.543 44.348 1,113 37.254 75 839 266 624 697
HYfHE UNrrED REFORMED CHUR(>I FOR THE YEAR ENDED 31 DEMBER 2024 12 TREASURER'S ATEMENT I have prepar1 the fiIwKiI ststanats on l iD 11 fvthe year 31 Cember 2024 Name: Twsfj INDEPENDENT EXAMINER'S REPORT I rep)rt on the financi statenS of HYtHE URC yw 31 2024, which are set out on pages I to 12. The church is FE5wr&tble for the pret1 of the final1 thtemats, and COderS that the alIt requlremax of lon 43(2} of the chare5 Att 1993 (thè kt) not appty. It is rny responbllty to 5%ate, on baqs of prcodurts afied in GTal tAr&ll(S given ty the Ch3rty Commissior)ers undw setti 43(7Xb) of mattets (£rfne to my attenbw. My examination was rarri8J out rn KCordaI the Gwal cir$ Chanty c0rnmi5sners. An examinab.on includes a reliew of tr aCcn.g rdS kept by the thurch and a mmpariscth of the accwnts preqented with those rrts. It akn indudes c4datic rf any unusual iterns or digjosures in the finanaal ststernents, seebiThJ explanatthS a)r(erniThJ any matter% The procoju undetsken (k) prowde all the that y[d be required in an a a1 (rwl I th) nc expre55 an opini(m on vTrew gNen by the finarKial In connethon with my eyAminab"on of the dmjrth fun canE to my attentw)n which gave me cause to believe otherwse than 11)at the finarThl stBtwts with the aJxNJr¢tiThJ rw)rd5 oftr churth, and that those records Satiled the wuinnents of NLL l am awdre cfj any maiter to which aitention souhl dravffl in ordw enab a proFW uTh1stsThling of the finaroal to be reached. However, th the ongoiThJ kn liabilty arKI preS9j htgher ting ccGts the Gen Fu1 remains vulnerable. There is a strong rn cm membws kKT&35es in thts Ir ar limtsl wherE possible Signed bythe Int ExBmw: te.. I£oa_L)- Name and address of ITrt Ey3niner. MR SMTh CPFA