Trustees Report (for the year 1/9/21 to 31/8/22)
Well Street United Church is a community of Christians in Buckingham, that as a 'local ecumenical partnership' is affiliated to the Baptist, Methodist and United Reformed denominations. Its premises are in Well Street, Buckingham although most services are normally held at the Lace Hill Academy School in Buckingham.
The charitable aims of Well Street United Church, undertaken for public benefit, are unchanged from previous years and are:
-
a. the celebration of public worship
-
b. the teaching of the Christian faith
-
c. mission and evangelism
-
d. pastoral work, including visiting the sick and bereaved
-
e. the provision of facilities with a Christian ethos for the local community including the elderly, the young and other groups with special needs
-
f. the support of other charities in the UK and overseas
The church is managed according to a formal constitution and various supporting policies, including a safeguarding policy. Members meetings are held every quarter. All trustees are appointed by the members of the church. Except for the minister, trustees are normally appointed for 3-year terms but can be re-elected once. Trustees normally meet every month; they are:
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Rev. Tim Edworthy – Minister (appointed September 2014)
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Andrew Brazell – Chair of Trustees (appointed November 2016, end of 6- year office November 2021)
-
Geoff Morris – Treasurer (appointed November 2017)
-
Jenny Boxwell (appointed November 2018)
-
Jane Butcher (appointed November 2020)
Since 12 September 2021, Sunday worship, youth and children's work, most midweek bible study and all forms of meetings have been held in person. This follows a period from March 2020 to August 2021 when all meetings were held on-line in accordance with government advice due to Covid-19. Government advice is still followed as appropriate and there is a cautious approach to Covid-19 and other risks.
Principal sources of funds are regular offerings and gifts from members and friends, gift aid and some support from parent denominations. In addition, a gift day amongst members of the congregation was held in January 2022. Main expenditure is on salaries. At least 3 months average expenditure is maintained within the general fund as a reserve. Excess funds are placed on deposit. There are no funds in deficit.
The trustees recognise their legal responsibility under charity law to ensure that WSUC is financially stable. A prudent but deficit budget was agreed and achieved for 2021/22, fully within the reserves policy. Our budget for 2022/23 will also be reliant on the continuation of regular giving so that we can finance our objectives, which we are confident about.
There are no significant events since the finance year end.
Andrew Brazell
Chair of trustees
5[th] October 2022
| BalanceSheet Yearending31August 2022 |
|||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| Funds | Funds | 2021-22 | 2020-2L | ||||||
| f | E | t | € | ||||||
| CurrentAssets | |||||||||
| CashatBank/CFBDep. Acc/PayPal | f88,467.04 | f53,724.88 | f1"42,1.91.92 | 8122,720,56 | |||||
| Debtor- Rent | 56.10 | 0.00 | 56.10 | 0.00 | |||||
| Sub-Total | €88,523.14 | f | 53,724.88 |
L42,248.O2 | I | 122,724.56 | |||
| Net CurrentAssets | f | 88,523.14 |
f | 53,724.88 |
f" | 142,248.02 | f. | t22,724.56 | |
| Net Current Liabilities | |||||||||
| Total NetAssets | f | 88,523.L4 |
f | 53,724.88 |
f | r42,248.A2 | f | 1"22,720.56 | |
| TheFundsof Well Street UnitedChurch | |||||||||
| Unrestricted lncomeFunds | |||||||||
| General Fund-BankAccounts | 40,99L.46 | 0.00 | f | 40,991.46 | 24,861.13 | ||||
| CFBDepositAcc. | 3. | 36,644.A4 | 0.00 | L | 36,644.04 | 36,491.44 | |||
| Debtor -Rent | 56.10 | f | 56.10 | ||||||
| Total | 17,691.60 | 0.0c | L | 77,69L.6A | 51,358.57 | ||||
| DesienatedFunds | |||||||||
| CareFund | 4,646.79 | 0.00 | f | 4,646.79 | 5,146.79 | ||||
| ShortTerm MissionFund | 881.05 | 0.00 | € | 881.05 |
1,778.O5 | ||||
| Churchweekenddeposits | L | 4,520.20 | 0.00 | t | 4,520.20 | 0.00 | |||
| Spring harvest 2023deposits | t | 5.00 | 0.0c | f | s.00 | 0.00 | |||
| Community projects | 778.50 | 0.00 | f | 778.50 | 778.50 | ||||
| Total | 10,831.54 | 0.00 | f | 10,831.54 | f | 7,703.33 | |||
| Restricted lncomeFunds | 1 | ||||||||
| New Buildingfund -Banka/c | 0.00 | 5697.52 | 5,697.52 | 5,781.52 | |||||
| New Buildingfund-CFBDeposita/c | 0.00 | 48,027.36 | 48,027.36 | 47,877.L4 | |||||
| Total | 0.00 | 53,724.88 | 53,724.88 | s3,658.66 | |||||
| Total | f | 88,523.14 |
f | 53,724.88 |
f" | 142,248.02 | f | 122,770.56 |
| Unrestricted | Unrestricted | Funds | Restricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| General | Reserves | Funds | 202L-22 | 2A20-21 | |||||||
| Receipts | Note | € | € | g | s | s | |||||
| Giving/GiftAid | 2 | 118,316.81 | 0.00 | 0.00 | 11-8,316.81 | 87,885,29 | |||||
| MissionFund/Donations | 3 | fi,567.09 | 0.00 | 0.00 | 10,567.09 | 8,812.50 | |||||
| Property | 4 | 350.00 | 0.00 | 0.00 | 350,00 | 50,00 | |||||
| Grants | 5 | 0.00 | 0.00 | 0.00 | 0.00 | 4,000.00 | |||||
| Bank/CFBDepositAccounts | 6 | 156.68 | 0.00 | 15A.22 | 306.90 | 119.08 | |||||
| Miscellaneous | 7 | 15,353.74 | 0.00 | 0.00 | L5,3s3.74 | 1L,4't0.43 | |||||
| TotalReceipts | f_ | t44,744,32 | f | f | L50.22 |
f1"44,894.54 | I | 112,337.3A | |||
| Payments | |||||||||||
| Assessrnents | 8 | 57,321.78 | 0.00 | 0.00 | 57,321".V8 | 58,973.O4 | |||||
| Property | 9 | 6,207.O0 | 0.00 | 0.00 | 6,207.00 | 11,418.00 | |||||
| Worship/Mission | L0 | 23,687.45 | 0.00 | 0.00 | 23,687.45 | 17,933.84 | |||||
| Administration/Trainingetc | 1"1. | 15,719.63 | 0.00 | 0.00 | 1.5,719.63 | 15,690.97 | |||||
| YoungPeopie | 12 | 11,286.1,6 | 0.00 | 0.00 | 17,286.1.6 | L3,243.17 | |||||
| Miscellaneous | 13 | 10,511.07 | 0.00 | 84.00 | 10,595.07 | 75,427"57 | |||||
| Sub-Total | f | 724,733.09 | f | f | 84.00 |
f124,817.49 | f | 132,686.59 | |||
| AssetPurchases | t4 | 549.99 | 0.00 | 0.00 | 549.99 | 539.80 | |||||
| TotalPayments | f | 125,283.08 | f | f | 84.00 | f125,367.08 | f" | 133,226.39 | |||
| NetReceipts/{Payments} | 1.24 | 0.001 | 66.221 |
19,s27.46 | 1 | -20,889.09 | |||||
| Nettransfers between funds | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Totalfundsb/fwdat1September 2021 | s3,6s8.66 | 122,720.s6 |
|||||||||
| Totalfundsc/fwdat31August 2022 | f | s2,o3L.7OIt | Ze,+St.t+ | f | s3,724.88 | f.1 |
| et UnitedChurch thestatementof activities ng31August 2022 |
|||||
|---|---|---|---|---|---|
| Receipts | Unrestricted | Restricted | Total | Total | |
| Funds | Funds | 2021-22 | 2024-2| | ||
| E | E | f | E | ||
| Giving | |||||
| Collections | 66,647.14 | 0.00 | 66,647.14 | 63,854.00 | |
| GiftAid | 22,844.52 | 0.00 | 22,840.52 | ).8,448.29 | |
| lndividual donations | 26,269.1.5 | 0.0c | 26,269.L5 | 3,023.00 | |
| Youth Ministry | 2,550.0C | 0.00 | 2,560.00 | 2,560.00 | |
| 118,316.81 | 0.00 | 118,316.81 | 87,885.29 | ||
| Donations | |||||
| ShortTermMissionfund | 7,?40.4C | 0.00 | 7,240.0C | 8,792.54 | |
| Care Fund | 0.0c | 0.00 | 0.0c | 20.00 | |
| Donations/Appeals | 3,198.80 | 0.00 | 3,198.80 | 0.00 | |
| MemorialDonations | 1,28.29 | 0.00 | L28.29 | 0.00 | |
| € | 10,567.09 | f | 10,567.09 | 8,812.50 | |
| Property | |||||
| HireofHalls | 350.0c | 0.00 | 350.0c | 50.00 | |
| f | 350.00 | f | 3s0.0c | 50,00 | |
| Grants | |||||
| URC -Youth Worker Support Methodist-youth worker support |
f f f |
f. f |
0.0c f 0.0c f 0.0c f |
2,000.00 2,000.00 4,000.00 |
|
| lnterest | |||||
| Bank/CFB Dep.Acc.(1) | f | 1s6.68 | lr rso.zzle306.901f |
f | |
| Miscellaneous | |||||
| Traidcraft stall | 0.0c | 0.0c | 0.0c | 181.75 | |
| FirstSteps | 282.39 | 0.00 | 282.39 | 0.0c | |
| Children'sWork | 68.26 | 0.0c | 68.2e | 255.29 | |
| Youth activities | 2l2.OC | 0.00 | 272.0C | 89.0C | |
| ChurchWeekend | 6,003.4C | 0.0c | 6,003.4C | 0.00 | |
| Explorers Group | 60.0c | 0.00 | 60.0c | 0.0c | |
| Photocopying | 447.28 | 0.00 | 442.28 | 765.25 | |
| Pension Fundtopupcontributions | 7,500.00 | 0.00 | 7,500.0c | 10,000.00 | |
| Spring Harvesteventdeposits | 700.00 | 0.00 | 700.0c | 0.0c | |
| OtherReceipts,/sundries | 25.41, | 0.0c | 25.41 | 179.74 | |
| f | 1,5,353.74 | f | 1,5,353.74 | 1"1-,470.43 | |
| TotalReceipts | f. | 144,744.32 | tLSO.ZZIrr++,SSa,S4 | t |
| Yea | rending31August 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 8 | Payments Assessments |
Unrestricted Funds f |
Restricted Funds f |
Total I 2A2L-42 €lr |
rotat 2028-21 |
||||
| Methodist Circuit | 22,198.98 | 0.00 | 22,1,98.98 | 22,r99.08 | |||||
| MinistersStipend | 32.890.37 | 0.00 | 32,890.37 | 34,552..62 | |||||
| UnitedReformedChurch(M&M)(1) | 1,088.00 | 0.00 | 1,088.00 | 1.,080.00 | |||||
| BaptistUnion(admin) | 125.43 | 0.00 | L26.43 | 791.34 | |||||
| BaptistUnionHome Mission(1) | 998.00 | 0.00 | 998.00 | 950,00 | |||||
| ChurchesTogether inBuckingham | 20.00 | 20.00 | 40.00 | ||||||
| E | 5V,321.78 | I | 57,321,.78 | f | 59,013.04 | ||||
| 9 | Propefi | ||||||||
| Church Building | 961..12 | 0.00 | 961.12 | 967.12 | |||||
| lnsurancelUtilities | 5,245.88 | 0.00 | 5,245.88 | 4,053.51 | |||||
| f | 6,207.40 | f | L | 6,207.40 |
€ | 5,014.63 |
|||
| 10 | Worship/Mission | ||||||||
| Mission Giving (9a, 9b) | 7,161.00 | 0.00 | 7,L67.0O | 5,750.00 | |||||
| ShortTerm MissionFund | 8,150.00 | 0.00 | 8,150.00 | 9,110.00 | |||||
| Appeals/Donationslc;fts{9c, 9d) | 3,334.23 | 0.00 | 3,334.23 | 0.00 | |||||
| CareFund | 500.00 | 0.00 | 500.00 | 60s.00 | |||||
| Reni | 3,486.10 | c.00 | 3,486.10 | 37.s0 | |||||
| HouseGroups/Outreach | 124.05 | 0.00 | 124.45 | r.39.69 | |||||
| Sound and Vision | 932.O7 | 0.00 | 932.07 | 1-,29L.65 | |||||
| f" | 23,687.45 | f | f" | 23,687,45 | f | 17,933.84 | |||
| 11 | AdministrationfTraining | ||||||||
| Church OfficeCo-ordinator | 12,133.23 | 0.00 | 12,1"33.23 | 11,850.s5 | |||||
| Printing/Officesupplies | 1,326.1,6 | 0.00 | 1,326.16 | 1,,288.78 | |||||
| Leaseof Photo-Copier | 1,153.44 | 0.00 | 1-,153.44 | L,t53.44 | |||||
| Communications | 688.00 | 0.00 | 688.00 | 679.00 | |||||
| ElderslStewards/Training | 418.80 | 0.00 | 41"8.80 | 709^20 | |||||
| f | 1,5,71,9.63 | € | f | 1,5,71.9.63 | € | 1s,590.97 |
| Unrestricted | Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2024-2t | 2420-2t | |||||
| t2 | Young People | f | € | f | € | |||
| Youth worker | 10,139.9s | 0.00 | 10,139.95 | L1,896.14 | ||||
| Children'sWork | 545.91 | 0.00 | 545.91 | 779.84 | ||||
| Youth Ministry/Events | t | 600.30 1L,285.16 |
0.00 t" |
f | 600.30 11,286.16 |
f" | 567.19 13,243.17 |
|
| Miscellaneous | ||||||||
| Hospitality/PastoraITeam | 536.76 | 0.00 | 536.76 | 333.82 | ||||
| FirstSteps | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| RenewCaf6 | 537.53 | 0.00 | 537.53 | 531.99 | ||||
| Minister'sExpenses | 138.20 | 0.00 | 138.20 | 0.00 | ||||
| Bank Charges | t62.11 | 0.00 | 152.1,1 | 102,83 | ||||
| PensionFundtopupcontributions | 7,500.00 | 0.00 | 7,500.00 | 10,000.00 | ||||
| Spring Harvestevent | 695.00 | 0.00 | 695.00 | 0.00 | ||||
| Sundries | 179.47 | L79.47 | 2,434.06 | |||||
| Accounts lnspection | f_ | 762.O4 1.0,51.1".07 |
0.00 f |
f | 762.00 10,511.07 |
f | 702.00 14,1,04.70 |
|
| Asset Purchases | ||||||||
| Plant& Equipment | 0.00 | 0.00 | 0.00 | 0"00 | ||||
| Fixtures&Fittings | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| Computer Equipment | f | 549.99 549.99 |
0.00 t |
f | 549.99 549.99 |
f | 539.80 s39.80 |
|
| Total Payments | f | 12s,283.08If | f | 12s,283.08 | f |
| BBF | ||
|---|---|---|
| 2A20-27 | 2A27-22 | |
| f | E | |
| LloydsBusiness30 daya/c | 25,264.5A | 36,443.33 |
| LloydsBusinesslnstant a/c | 6,795.86 | 1,4,709.67 |
| No2a/c | 510.00 | 670.00 |
| Balancec/fwdat31August2022 | 32,570.46 | 51,823.00 |
| CFB | Total | |
|---|---|---|
| 2421-22 | ||
| f | t | |
| Balanceblfwd1September2021 | 36,491.44 | 36,49L.44 |
| TransfertoCFBDeposita/c | 0.00 | 0.00 |
| lnterest | 152.50 | 152.60 |
| Sub-total | 36,644.04 | 36,644.04 |
| TransfertoGeneralFund | 0.00 | 0.00 |
| Balancec/fwdat31August2022 | 36,644.A4 |
| NewBIdg | Total | ||
|---|---|---|---|
| Fund | zo2l-22 | ||
| c | f. | ||
| Balancesb/fwdat1September2021 | 53,658.66 | ||
| Gifts/Donations/FundRaisrng | 0.00 | ||
| lnterest | 150,22 | ||
| sub-total | 53,808.88 | 53,808.88 | |
| Bankcharges | 84.00 | ||
| Balancesc/fwdat31August2022 | €53,808.88 | f | 53,724.88 |
| tosupport. | ||||
|---|---|---|---|---|
| Receipts | Total | |||
| 2027-22 | ||||
| f | f | |||
| Balanceb/fwdat1September2021" | 1,,778,45 | 1,,178.05 | ||
| DonationsforEmmaP | 6,830.00 | 6,830.00 | ||
| Gift Aid on donatlonsreceived | 410.00 | 410.00 | ||
| TransferfromMissionFund | 13.00 | 13.00 | ||
| Sub-total | ||||
| Grant -Emma Podmore | ||||
| Grant-OIi George | ||||
| Balancec/fwdat31August2022 | f | 8,150.00 |
| needbrought totheirattention. | ||||||
|---|---|---|---|---|---|---|
| Receipts | Payments | Total | ||||
| 2421-22 | ||||||
| f | f | f | ||||
| Balanceb/fwd at1September2021 | 5,146.79 | 5,L46.79 | ||||
| Donations | 0.00 | |||||
| GiftAid | o.00 | |||||
| Sub-total | 5,1,46.79 | 5,1,46.79 | ||||
| Grants | 500.00 | |||||
| Transfertogeneralfund | 0.00 | |||||
| Balancec/fwdat31August2022 | f | 5),46.79 | f | 500.00 | f | 4,646.79 |
| Receipts | Payments | Total | ||||
|---|---|---|---|---|---|---|
| 202r-2,2 | ||||||
| f | s. | f | ||||
| Balanceb/fwdatLSeptember2021 | 778.50 | |||||
| Sunday LunchDonations | 0.00 | |||||
| Sub-total | 778.54 | |||||
| Sunday LunchExpenses | 0.00 | |||||
| Balancec/fwdat31August2022 | f. | 778.50 |
f | I | 778.50 |
| Note | 3 | Donationsreceived {Appeals) | ||
|---|---|---|---|---|
| None | ||||
| BMSUkraine | 1.,276.55 | |||
| DECUkraine | 543.50 | |||
| Christian Aid | 425.00 | |||
| BMSHarvest Appeal | 362.OO | |||
| Vaccinaid | 252.02 | |||
| Others(<fL00) | 4B.35 | |||
| TOTAL | f | 2,907.42 | ||
| Note | 7 | OtherReceipts (exceedingf100) | f. | |
| None | ||||
| Others(<€100) | ||||
| TOTAT | f- |
| TOTAL | |||
|---|---|---|---|
| Note | 7 | Other | Receipts (exceedingf100) |
| None | |||
| Others | (<€100) |
| Yearen | ding31August2022 | ||
|---|---|---|---|
| Note9 | MissionGiving | ||
| (a)Denominations | |||
| URCSynod | 1,088.00 | ||
| UnitedReformed Church-Commitment forLife | 998.00 | ||
| Baptist Union -BMSWorldMission | 998.00 | ||
| Baptist Home Mission | 998.00 | ||
| MethodistChurch-All WeCan | 788.00 | ||
| MethodistHomes Association (MHA) | 420.00 | ||
| 5ub-total | f | 1290.00 | |
| (b)others Emmapodmore(RevelaiionLife) |
f 1,360.00 |
||
| MissionAviationFellowship | 52s.00 | ||
| Buckingham Churches HolidayClub | 315.00 | ||
| RippleAfrica | 500,00 | ||
| AssociationforChristians againsttorture | 263.00 | ||
| Project StreetLife | 263.00 | ||
| Scripture Union | 263.00 | ||
| Urban Saints(Crusaders) | 263.00 | ||
| PCCBuckingham FoodBank | 50.00 | ||
| Jedidaiah | 50.00 | ||
| Practical Action | 10s.00 | ||
| Sub-total | 3,957.00 | ||
| TOTAL | 9,247.0A | ||
| Note9 | {c}Appears/Donations/GiftstoNon -Methodist organisations/rndividuars | € | |
| BMSWorldMission (Harvest) | 452.50 | ||
| UNICEFVaccinaid DEC(Ukraine) |
315.00 680.00 |
||
| Christian Aid | 425.A0 | ||
| Embrace(UK) | 136.68 | ||
| BMSWorldMission(Ukraine) | 1276.7A | ||
| 5ub-totaI | T-------52E338- | ||
| (d)Appeals/Donations/GiftstoMethodist Organisations | |||
| MHA | |||
| Sub-total | 48.35 | ||
| TOTAL | E | 3,334.23 | |
| Note12 | Miscellaneous-Otherpayments(Exceeding f 100) | e | |
| Additionalpaymentstopension funds Others(<f100) |
7,s00.00 | ||
| TOTAL | ----- | ?^500"00 |
| Activity | 2021-22 | |||
|---|---|---|---|---|
| €. | f | f. | E | |
| BBF | Receipts | Payments | SurpluslDeficit | |
| Methodist NetworkLunch Club | 273.36 | 0.00 | 273.36 | 0.00 |
| Church Weekend Deposits | -L,483.20 | 6,003.40 | 0.00 | 4,520.2A |
| Spring Harvest Event 2023 Deposits | 0.00 | 700.00 | 695.00 | 5.00 |
Well Stre•t Unlted Church 13 Financlal ststements year fid 31 Au8USt 2022 I ha¥t prnpved the flMnti•l ItaternOn pages I to 13trthe rendIrrf 31 A4ust 2022 Geolf K+tsrrls SMbJre IMDEPE14fwEXAMINER3REPORT l report on fin•fy¢W statemts01 street United thyrch ts th• yo3rérKllnq 31Aus 1021 whth aresEt¢rt)n p4è5 1 to 13. I reportt01 irusteeson Myexamltt of the xtount50fth•akn(hath I'tht Trt.) Icr Eh¢ yw endEd 31stA¥w202L the tharitys trustee5wu •rn wlefOrthe pr%p•T•¥ ofttaccourtsin ¥cordaeW5ththe requirw•tsofttCtrttsesKt20111lhtAet"l. I r•port In resptct of rny•¥amlnation ofthETrux's ac¢ounts carrtEdw¢ under 5e(tlon 145 of the 2011 Art and in taryryoutmy ex&nln•tion, I have fdl¢Y•NedaUtheapFthr•W¢Dirtts arfty Commlsslon der s•rtion 14515llbl ofth¢kL I havtwrnF4eted rny e¥•mln•lon. I th•r Th)m•iwknl m4tter5 have cometomy ètttnthn connEthon wth theamItkIlwth8NQS me¢¥etobeIleve thèt I. r•sptct: The •tt0unr1 rooyds not keptin 1EwrdW4th 5Edcffj 130 ofthe Ch¥itiesAei,' or I ha¥• na cuxerr and hB%ccffiÈaEros5 roother m•ttern in conneak•wlththtexaminDtion to which atteTrtn bedrawt) In tN5 rew Understandi olt 51gned bythe 1ry14nt Ex•mlntr.' Date *)d •ddre550fihfft IVlEYrnine h>J Th 13 7LC 31