| Trustee Name | Office i f any | Dates acted i f not | for | year | |||
|---|---|---|---|---|---|---|---|
| Mr Malcolm Allard | Elder, Acting Secretary | ||||||
| Mrs Margaret Brown | Elder | = | |||||
| Mr Duncan Cree | Elder, Assistant Treasurer | ||||||
| Mrs Helen Haigh | Elder | To 31st December 2021 | |||||
| Mr Kevin Haigh | Elder, Organist | To 31st December 2021 | |||||
| Mr Dapo Kotun | Elder | From Ist January | 2022 | ||||
| Mrs Sandra Millan | Elder, Pulpit Supply | ||||||
| Mr David Nursaw | Elder | ||||||
| Mrs Samantha Roney | Elder | ||||||
| M r Malcolm Smith | Elder | From Ist January | 2022 | ||||
| Mrs JeanTerry | Elder | To 31st December 2021 | |||||
| _ |
| CONTENTS | |
|---|---|
| Page | |
| Statement of financial activities | 2 |
| Balance Sheet | 2 |
| Notes to Financial Statements | 3,4,5 |
| Treasurer's Statement | 5 |
| Independent examiner's report | 5 |
| S T A T E M E N T OF F I N A N C I A L A C T I V I T I E S | |||||||
|---|---|---|---|---|---|---|---|
| F O R T H E Y E A R ENDED 31 D E C E M B E R 2021 | 2021 | 2020 | |||||
| Note | £ | £ | |||||
| I N C O M I N G RESOURCES from generated funds | |||||||
| Voluntary Income | 2 | 3 2 , 8 6 4 | 4 2 | , 5 8 5 | |||
| Grants received | 3 | ||||||
| Activities for generating funds | 4 | 28,710 | 29,820 | ||||
| Investment Income | 5 | 631 | 786 | ||||
| Incoming resources - unrestricted | 62,205 | 73,191 | |||||
| Restricted donations received | 4 | 1,000 | 761 | ||||
| Incming resources - total | 63,205 | 73,952 | |||||
| RESOURCES E X P E N D E D Charitable activities | |||||||
| U R C Ministry & Mission Fund | 6 | 29,268 | 25,896 | ||||
| Worship costs | 7 | 2,360 | 4,981 | ||||
| Cost of church activities | 8 | 34,137 | 46,763 | ||||
| Grants payable | |||||||
| Governance costs | |||||||
| Resources expended-unrestricted | 65,765 | 77,640 | |||||
| Restricted donations passed on | 9 | 15 | 910 | ||||
| Resources expended- total |
65,780 | 78,550 | |||||
| Net incoming (outgoing) unrestricted resources: | -3,560 | 4,449 | |||||
| Total funds b/f 1 January | 72,678 | 77,127 | |||||
| Unresrticted resources o/f 31 December | 69,118 | 72,678 | |||||
| Net incoming (outgoing) restricted resources: | 985 | -149 | |||||
| Total funds b/f 1 January | 15 | 164 | |||||
| Resrticted resources ¢/f 33December | 1,000 | 15 | |||||
| O e | |||||||
| T O T A L RESOURCES 31 D E C E M B E R | 70,118 | 72,693 | |||||
| B A L A N C E S H E E T AS A T 31 D E C E M B E R | 2021 | 2020 | |||||
| B A N K A N D CASH B A L A N C E S | £ | £ | |||||
| Lloyds TSB Current account - unrestricted | 10,265 | 3,104 | |||||
| Lloyds TSB Current account -restricted | 1,000 | 15 | |||||
| Redwood Bank Ltd | 58,793 | 63,165 | |||||
| Charities deposit fund (COIF) | 0 | 6,349 | |||||
| Cash | 60 | 60 | |||||
| T H E FUNDS O F T H EC H A R I T Y | 70,118 | 72,693 |
| N O T E S T O T H E S T A T E M E N T O F F I N A N C I A L A C T I V I T I E S - cont? | 2021 | 2020 | ||
|---|---|---|---|---|
| £ | £ | |||
| 2 | V O L U N T A R Y I N C O M E | |||
| Freewill/plate offerings | 21,144 | 16,475 | ||
| Junior family church | ||||
| Special offerings/ donations/legacies | 6,000 | 18,332 | ||
| Income tax refunds/ Gift Aid | 5,720 | 7,778 | ||
| 32,864 | 42,585 | |||
| 3 | G R A N T S R E C E I V E D- n o grants were received in the year | 0 | 0 | |
| 4 | A C T I V I T I E S F O R G E N E R A T I N G U N R E S T R I C T E D FUNDS | |||
| Letting of Church and Halls | 10,054 | 11,737 | ||
| Letting of Manse | 16,905 | 17,291 | ||
| Fairs and sales | 1,231 | 10 | ||
| Other fund raising | 520 | 669 | ||
| Miscellaneous | 0 | 113 | ||
| 2 8 , 7 1 9 | 29,820 | |||
| RESTRICTED DONATIONS RECEIVED | ||||
| "Commitment for life" | 1,000 | 680 | ||
| Individual charities | 0 | 81 | ||
| 1,000 | 761 | |||
| 5 | I N V E S T M E N T I N C O M E | |||
| Bank Interest | 631 | 786 | ||
| 6 | M I N I S T R Y & M I S S I O N FUND | |||
| The Church contributes to the central URC costs o f training and providing ministers | ||||
| (including the centralised payment of stipends, pension contributions and other benefits | ||||
| for ministers), running the denomination, and the wider mission of the national Church. | ||||
| 7 | W O R S H I P COSTS | |||
| The Church shares its minister with churches in the Forest Group and some payments are made b y | ||||
| the Forest Group. Ministerial Costs arethe sharepaid by Chingford URC |
||||
| Share of Ministerial costs paid to Forest Group | 1,032 | 3,016 | ||
| Pupit supply | 930 | 210 | ||
| Junior Family Church | 0 | 106 | ||
| Organist, CCLI licence & other | 398 | 1,649 | ||
| 2,360 | 4,981 | |||
| 8 | C O S T S OF C H U R C H A C T I V I T I E S , Church & manse costs | |||
| Church Administrator | 15,750 | 14,963 | ||
| Cleaning | 4,267 | 3,364 | ||
| Gas & Electricity |
4,896 | 4,042 | ||
| Building maintenance & equipment | 3,460 | 17,953 | ||
| Manse expenses, inc refurbishment and insurance | 1,210 | 1,271 | ||
| Insurance of Church | 2,734 | 2,584 | ||
| Water & refuse | 0 | 143 | ||
| Sub total carried forward | 32,317 | 44,320 | ||
| Communications : Newsletter & posters |
0 | 313 | ||
| Telephone & intemet | 1,663 | 1,959 | ||
| Reform magazine | 0 | 0 | ||
| 1,663 | 2,272 | |||
| Coffee, flowers & lunches | 157 | 171 | ||
| COST OF A C T I V I T I E S | 34,137 | 46,763 |
| N O T E S T O T H E S T A T E M E N T O F F I N A N C I A L A C T I V I T I E S - cont? | 2021 | 2021 | |||
|---|---|---|---|---|---|
| £ | £ | ||||
| 9 | G R A N T S P A Y A B L E A N D R E S T R I C T E D D O N A T I O N S PASSED O N | ||||
| Commitment for Life | 0 | 680 | |||
| Other restricted gifts | 15 | 230 | |||
| 15 | 910 |
| CONTENTS | |
|---|---|
| Page | |
| Statement of financial activities | 2 |
| Balance Sheet | 2 |
| Notes to Financial Statements | 3,4,5 |
| Treasurer's Statement | 5 |
| Independent examiner's report | 5 |
| S T A T E M E N T OF F I N A N C I A L A C T I V I T I E S | |||||||
|---|---|---|---|---|---|---|---|
| F O R T H E Y E A R ENDED 31 D E C E M B E R 2021 | 2021 | 2020 | |||||
| Note | £ | £ | |||||
| I N C O M I N G RESOURCES from generated funds | |||||||
| Voluntary Income | 2 | 3 2 , 8 6 4 | 4 2 | , 5 8 5 | |||
| Grants received | 3 | ||||||
| Activities for generating funds | 4 | 28,710 | 29,820 | ||||
| Investment Income | 5 | 631 | 786 | ||||
| Incoming resources - unrestricted | 62,205 | 73,191 | |||||
| Restricted donations received | 4 | 1,000 | 761 | ||||
| Incming resources - total | 63,205 | 73,952 | |||||
| RESOURCES E X P E N D E D Charitable activities | |||||||
| U R C Ministry & Mission Fund | 6 | 29,268 | 25,896 | ||||
| Worship costs | 7 | 2,360 | 4,981 | ||||
| Cost of church activities | 8 | 34,137 | 46,763 | ||||
| Grants payable | |||||||
| Governance costs | |||||||
| Resources expended-unrestricted | 65,765 | 77,640 | |||||
| Restricted donations passed on | 9 | 15 | 910 | ||||
| Resources expended- total |
65,780 | 78,550 | |||||
| Net incoming (outgoing) unrestricted resources: | -3,560 | 4,449 | |||||
| Total funds b/f 1 January | 72,678 | 77,127 | |||||
| Unresrticted resources o/f 31 December | 69,118 | 72,678 | |||||
| Net incoming (outgoing) restricted resources: | 985 | -149 | |||||
| Total funds b/f 1 January | 15 | 164 | |||||
| Resrticted resources ¢/f 33December | 1,000 | 15 | |||||
| O e | |||||||
| T O T A L RESOURCES 31 D E C E M B E R | 70,118 | 72,693 | |||||
| B A L A N C E S H E E T AS A T 31 D E C E M B E R | 2021 | 2020 | |||||
| B A N K A N D CASH B A L A N C E S | £ | £ | |||||
| Lloyds TSB Current account - unrestricted | 10,265 | 3,104 | |||||
| Lloyds TSB Current account -restricted | 1,000 | 15 | |||||
| Redwood Bank Ltd | 58,793 | 63,165 | |||||
| Charities deposit fund (COIF) | 0 | 6,349 | |||||
| Cash | 60 | 60 | |||||
| T H E FUNDS O F T H EC H A R I T Y | 70,118 | 72,693 |
| N O T E S T O T H E S T A T E M E N T O F F I N A N C I A L A C T I V I T I E S - cont? | 2021 | 2020 | ||
|---|---|---|---|---|
| £ | £ | |||
| 2 | V O L U N T A R Y I N C O M E | |||
| Freewill/plate offerings | 21,144 | 16,475 | ||
| Junior family church | ||||
| Special offerings/ donations/legacies | 6,000 | 18,332 | ||
| Income tax refunds/ Gift Aid | 5,720 | 7,778 | ||
| 32,864 | 42,585 | |||
| 3 | G R A N T S R E C E I V E D- n o grants were received in the year | 0 | 0 | |
| 4 | A C T I V I T I E S F O R G E N E R A T I N G U N R E S T R I C T E D FUNDS | |||
| Letting of Church and Halls | 10,054 | 11,737 | ||
| Letting of Manse | 16,905 | 17,291 | ||
| Fairs and sales | 1,231 | 10 | ||
| Other fund raising | 520 | 669 | ||
| Miscellaneous | 0 | 113 | ||
| 2 8 , 7 1 9 | 29,820 | |||
| RESTRICTED DONATIONS RECEIVED | ||||
| "Commitment for life" | 1,000 | 680 | ||
| Individual charities | 0 | 81 | ||
| 1,000 | 761 | |||
| 5 | I N V E S T M E N T I N C O M E | |||
| Bank Interest | 631 | 786 | ||
| 6 | M I N I S T R Y & M I S S I O N FUND | |||
| The Church contributes to the central URC costs o f training and providing ministers | ||||
| (including the centralised payment of stipends, pension contributions and other benefits | ||||
| for ministers), running the denomination, and the wider mission of the national Church. | ||||
| 7 | W O R S H I P COSTS | |||
| The Church shares its minister with churches in the Forest Group and some payments are made b y | ||||
| the Forest Group. Ministerial Costs arethe sharepaid by Chingford URC |
||||
| Share of Ministerial costs paid to Forest Group | 1,032 | 3,016 | ||
| Pupit supply | 930 | 210 | ||
| Junior Family Church | 0 | 106 | ||
| Organist, CCLI licence & other | 398 | 1,649 | ||
| 2,360 | 4,981 | |||
| 8 | C O S T S OF C H U R C H A C T I V I T I E S , Church & manse costs | |||
| Church Administrator | 15,750 | 14,963 | ||
| Cleaning | 4,267 | 3,364 | ||
| Gas & Electricity |
4,896 | 4,042 | ||
| Building maintenance & equipment | 3,460 | 17,953 | ||
| Manse expenses, inc refurbishment and insurance | 1,210 | 1,271 | ||
| Insurance of Church | 2,734 | 2,584 | ||
| Water & refuse | 0 | 143 | ||
| Sub total carried forward | 32,317 | 44,320 | ||
| Communications : Newsletter & posters |
0 | 313 | ||
| Telephone & intemet | 1,663 | 1,959 | ||
| Reform magazine | 0 | 0 | ||
| 1,663 | 2,272 | |||
| Coffee, flowers & lunches | 157 | 171 | ||
| COST OF A C T I V I T I E S | 34,137 | 46,763 |
| N O T E S T O T H E S T A T E M E N T O F F I N A N C I A L A C T I V I T I E S - cont? | 2021 | 2021 | |||
|---|---|---|---|---|---|
| £ | £ | ||||
| 9 | G R A N T S P A Y A B L E A N D R E S T R I C T E D D O N A T I O N S PASSED O N | ||||
| Commitment for Life | 0 | 680 | |||
| Other restricted gifts | 15 | 230 | |||
| 15 | 910 |