## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 1st January 2020 **To** 31st December 2020 ## Section A Reference and administration details **Charity name Other names charity is known by Registered charity number (if any)** 1157857 Stowmarket United Reformed Church **Charity's principal address** Ipswich Street Stowmarket Suffolk **Postcode IP14 1AD** **Names of the charity trustees who manage the charity** |1.
2
3
4
5
6
7
8
9
10
11
12
13|**Trustee name**|**Office (if any)**|**Dates acted if not**
**for whole year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||The Revd Robert
Sheard|Chair|From 1stJuly
2020|Church Meeting| ||Miss Anne Scarff|Secretary||Church Meeting| ||Mrs MaryDurrant|Assistant Secretary||Church Meeting| ||Mrs Janet Webb|||Church Meeting| ||Mrs Helen Freeman|||Church Meeting| ||Mr John Webb|||Church Meeting| ||Mrs Jane Gurney|||Church Meeting| ||Mrs Margaret Jackson|||Church Meeting| ||Mrs Joyce Gardiner|||Church Meeting| ||Mr Michael Martin|||Church Meeting| ||Mrs Lois Muller|||Church Meeting| ||Mr Keith Scarff|||Church Meeting| ||Mrs Linda Baxter||From July2019|Church Meeting| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** ||**Name**|**Dates acted if not for whole year**| |---|---|---| ||Eastern Synod URC|| |||| **TAR** March **2012** 1 ## **Names and addresses of advisers (Optional information)** **Type of adviser Name Address** **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document Constitution - (eg. trust deed, constitution) How the charity is constituted Trust (eg. trust, association, company) Trustee selection methods Elected by Church Members at Church Meeting. (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. Activities of the church are overseen by the Elders’ Meeting of the Church in accordance with the provisions of The Structure of the United Reformed Church determined by the General Assembly of the United Reformed Church and supplemented by the Stowmarket URC constitution. The Elders’ Meeting is responsible for the financial administration of the Church, and the care and maintenance of Church premises and the manse. The Church Meeting (of all members wishing to attend) gives general guidance on the life and work of the Church. Groups (Buildings, Community and People, Discipleship, Finance, Publicity and Promotion) look at aspects of church matters and report to the Elders meeting. Elders report to Church Meeting which has overall decision making. The Finance Group review financial practice using guidance from Charity Commission. The Elders of the church are Church Members and Trustees. Elders normally serve a 3year period and then are able to be re-nominated. All Elders, and therefore Trustees, are nominated by Church Members and then an annual election takes place at a Church Meeting. The Minister is a Trustee and is the Chair of both Elders and Church meetings. A new Minister has been appointed and took over as Chair in July 2020. **TAR** March **2012** 2 ## **Section C Objectives and activities** The object of the Charity is the advancement of the Christian faith for the benefit **Summary of the objects of the** of the public in accordance with the Scheme of Union of the United Reformed **charity set out in its** Church. **governing document** The Trustees have regard to the guidance by the Charity Commission on Public Benefit. The Charity is a Public benefit Entity - we are set up to benefit the general public. **Summary of the main** Our activities include: **activities undertaken for the** Providing regular public worship for all. **public benefit in relation to** Promoting the Christian Faith. **these objects (include within** Teaching the faith to all ages. **this section the statutory** Providing training, nurture and activities for children and young people. **declaration that trustees have** Serving the community. **had regard to the guidance** Giving pastoral care and support to members and others in need, **issued by the Charity** particularly those in sickness, distress or poverty. **Commission on public** Providing premises and resources for community groups and activities. **benefit)** We are not aware of any detriment or harm resulting from the implementation of our purposes. No Trustee benefitted from work at the church and there were no personal benefits paid to Trustees. . ## **Additional details of objectives and activities (Optional information)** We rely on volunteers for our activities. These run our Fund Raising activities. We do not offer grants. We regularly review our finances to maximise them. You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. **TAR** March **2012** 3 Section D Achievements and performance |**Summary of the main**
**achievements of the charity**
**during the year**|We provided regular Public Worship for all. The worship is led by trained
ministers, or lay people who adhere to the central messages of the Christian
faith. While in lockdown services have been Zoomed to those able to receive the
service.
We promoted the Christian faith. Up until Lockdown we taught the Faith to all
ages through Services, Meetings, Bible study groups, and Children’s Activities.
Children’s activities include: Family Church, “Messy Church” and “Open the
Book”, the latter involves a group from the Church enacting Bible stories at some
of the local Primary Schools.
We served the Community by providing opportunities for quiet reflection and
prayer at advertised times on weekdays this has continued on Zoom. We
provided a location for baptisms, weddings and funeral services, irrespective of
whether the individuals have strong Christian beliefs, or not. We supported the
Stowmarket Food Bank.
We provided a venue for a Charity Christmas day dinner which was taken to
those on their own.
Up until Lockdown we provide opportunities for the community to come together
over refreshments. Currently we are holding virtual coffee mornings.
We gave pastoral care and support to members and others in need, particularly
those in sickness, distress, or poverty
When we were able to be open we provided premises and resources for
community groups and activities. The Church allowed local schools, a Dance
School, Choirs, U3A,
a fitness group and other organisations to use part(s) of the church premises.
Organisations hired part of the premises for a variety of events and activities.
A number of Concerts have been held on our premises including one for charity.
Our main fund raising event had to be cancelled.
Some Charity enterprises were offered room/rooms free of charge or at a
reduced rate.| |---|---| ||| |**Section E Financial review**|| |**Brief statement of the**
**charity’s policy on reserves**
**Details of any funds materially**
**in deficit**
**Further financial review details**
You**may choose**to include
additional information, 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.|| ||Weretain £10,000 inour accounts as reserves to meet unexpected
demands of a general nature.
Designated funds are held for:Growth; Improvement; Projects;
Building; Commitment for Life;Organ; and Pirmasens.
In addition we have historic Restricted funds for Local Needs
Benevolent; Coupland;Foord;| ||NONE| ||**(Optional information)**| ||
The principal sources of income are through free will offerings, hire of
premises and fundraising. Although for much of the year we have not
been able to hire out our building.
A proportion of our income (approx. 1/3rd) is used exclusively for Ministry
and Mission within the wider URC.
We use CAF banking for deposits.
For 2020 Income was £65,266 and expenditure £100,970 A loss of
revenue caused by Covid resulted in Reserves being used.| **TAR** March **2012** 4 **Section F Other optional information** The Trustees had plans to monitor the impact of our new boiler on expenditure connected with heating. Unfortunately, Covid has meant the curtailment of services and activities so this year has not been a true reflection of normal expenditure. A new kitchenette and technology in the Sanctuary were able to be installed during Lockdown. Extra expenditure was incurred to ensure the Manse was brought up to standard for our new Minister. In the coming year we aim to look at our reserves and consider how best they may be placed to ensure that we continue to gain maximum benefit from our finances. Despite a loss in income we are a going concern. ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Anne Maureen Scarff **Position (eg Secretary, Chair,** Secretary **etc) Date** 31/1/2021 **TAR** March **2012** 5 ## **Stowmarket URC Charity, Registered Charity No 1157857** ## **Stowmarket United Reformed Church** ## **Ipswich Street** ## **Stowmarket** **Suffolk, IP14 1AD** ## **End of Year Financial Statements** **Year ending 31[st] December 2020** **Accounts based on Accrual Accounting FRS102 SORP 2015** **The accounts are prepared in accordance with Charity Law by Ann Waller, Church Treasurer, January 2021** ## **The United Reformed Church Stowmarket - 1157857** ## **Statement of Financial Activities** ## **For the period from 01 January 2020 to 31 December 2020** ||**Unrestricted**
**Restricted** **Endowment**
**Prior year**
**funds**
**funds**
**funds**
2020
**2019**| |---|---| ||**_Income and endowments from:_**
Donations and legacies
37,592
37
—
37,629
37,906
Other trading activities
7,916
—
—
7,916
25,629
Investments
4,382
—
—
4,382
4,476
Other income
15,337
—
—
15,337
62,445| ||**Total income**
**65,229**
**37**
**—**
**65,266**
**130,457**
**_Expenditure on:_**
Raising funds
45
—
—
45
595
Expenditure on charitable activities
50,444
293
—
50,737
99,664
Other expenditure
50,188
—
—
50,188
43,680| ||**Total expenditure**
**100,677**
**293**
**—**
**100,970**
**143,940**| ||**Net income / (expenditure) resources before transfer**
**(35,448)**
**(256)**
**—**
**(35,704)**
**(13,483)**| ||**_Transfers_**
Gross transfers between funds - in
21,010
12,000
—
33,010
47,293
Gross transfers between funds - out
(33,010)
—
—
(33,010)
(47,293)
**_Other recognised gains / losses_**| ||**Net movement in funds**
**(47,448)**
**11,743**
**—**
**(35,704)**
**(13,483)**
**_Reconciliation of funds_**| ||**Total funds brought forward**
**235,674**
**732**
**—**
**236,406**
**249,890**| ||**Total funds carried forward**
**188,225**
**12,476**
**—**
**200,702**
**236,406**| ## **Statement of Cashflows has not been included, not necessary due to thresholds.** ## **There are no related party transactions** _**There may be minor discrepancies in the totals if the pence are not being shown**_ Page 1 ## **The United Reformed Church Stowmarket - 1157857** ## **Statement of Financial Activities** ## **For the period from 01 January 2019 to 31 December 2019** |**Unrestricted**
**funds**
**Restricted**
**funds**|**Endowment**
**funds**
**2019**
**2018**| |---|---| |**_Income and endowments from:_**
Donations and legacies
37,889
16
Other trading activities
25,629
—
Investments
4,476
—
Other income
62,445
—|—
37,906
194,966
—
25,629
26,846
—
4,476
4,210
—
62,445
9,106| |**Total income**
**130,440**
**16**
**_Expenditure on:_**
Raising funds
595
—
Expenditure on charitable activities
99,432
232
Other expenditure
43,680
—|**—**
**130,457**
**235,129**
—
595
221
—
99,664
46,510
—
43,680
48,260| |**Total expenditure**
**143,708**
**232**|**—**
**143,940**
**94,991**| |**Net income / (expenditure) resources before transfer**
**(13,267)**
**(215)**|**—**
**(13,483)**
**140,138**| |**_Transfers_**
Gross transfers between funds - in
47,293
—
Gross transfers between funds - out
(47,293)
—
**_Other recognised gains / losses_**|—
47,293
—
—
(47,293)
—| |**Net movement in funds**
**(13,267)**
**(215)**
**_Reconciliation of funds_**|**—**
**(13,483)**
**140,138**| |**Total funds brought forward**
**248,941**
**948**|**—**
**249,890**
**109,751**| |**Total funds carried forward**
**235,674**
**732**|**—**
**236,406**
**249,890**| ## **Statement of Cashflows has not been included, not necessary due to thresholds.** ## **There are no related party transactions** _**There may be minor discrepancies in the totals if the pence are not being shown**_ **Page 1** The **United Reformed Church Stowmarket -1157857** ## **Balance sheet (Summary) As at: 31 December 2020** |**Asat31/12/2020**
£
**Fixed assets**
Tangible assets
31,754
31,754
**Current assets**
Debtors
3,620
Cash at bank and in hand
165,559
169,180
**Liabilities**
Creditors:Amounts falling due in one year
232
**Net current assets less current liabilities**
**168,947**
**Total assets less current liabilities**
**200,702**
**Total net assets less liabilities**
**200,702**
**Represented by**
**Unrestricted**
Unrestricted-General fund
19,473
**Designated**
Designated-Improvement Fund
7,607
Designated - Project Fund
146,273
Designated-Haughley Fund
Designated - Growth Fund
8,500
Designated-Commitment for Life Fund
Designated - Pirmasens Fund
**`494`**
Designated-Organ Fund
4,377
Designated - Pastorate Fund
1,498
**Restricted**
Restricted - Local Needs Benevolent Fund
**`2,044`**
Restricted-Coupland Fund
231
Restricted-Foord Fund
10,200
**Funds of the charity**
**200,702**|**Asat31/12/2019**
£
13,007
13,007
32,408
195,388
227,796
4,397
**223,399**
**236,406**
**236,406**
62,821
10,267
155,233
400
500
**`494`**
**`4,377`**
1,578
57
231
**`443`**
**236,406**| |---|---| _**Note: Trustees agreed that Restricted and Designated Funds**_ **are** _**correct Accounts agreed**_ _Signed on behalf of the Trustees_ ... ... ...... ... ... ... ... ... .. 8th February 2021 Revd: Robert Sheard Chairman _**There may be minor discrepancies in the totals** if_ _**the pence are not being shown**_ Page2 ## **The United Reformed Church Stowmarket - 1157857** ## **Statement of Assets and Liabilities (by code) As at: 31 December 2020** |**Class and nominal code**|**General**|**Designated**|**Restricted**|**Endowment**|**Total**|**Last year**| |---|---|---|---|---|---|---| |**Fixed assets - Tangible assets**||||||| |Balcony Rails|—|1,530|—|—|1,530|2,001| |Staging|—|1,212|—|—|1,212|1,576| |Kitchenette|—|13,494|—|—|13,494|—| |New Ovens for kitchen|—|—|—|—|—|593| |New Church Chairs|—|4,869|—|—|4,869|6,695| |Ricoh Photocopier|—|—|—|—|—|154| |HP Photocopier|1,406|—|—|—|1,406|1,987| |Church Technology|—|9,241|—|—|9,241|—| |**Total**|1,406|30,348|—|—|31,754|13,007| |**Current assets - Cash at bank and in hand**||||||| |C30 CAF General Cash Account|(148,856)|137,029|12,476|—|650|628| |C31 CAF Gold Account|163,144|—|—|—|163,144|192,915| |C34 CAF Pastorate Account|—|1,498|—|—|1,498|1,578| |C36 TSB Petty Cash Account|266|—|—|—|266|266| |**Total**|14,554|138,528|12,476|—|165,559|195,388| |**Current assets - Debtors**||||||| |Z05 Accounts Receivable|3,620|—|—|—|3,620|32,408| |**Total**|3,620|—|—|—|3,620|32,408| |**Liabilities - Agency accounts**||||||| |6699 Agency collections|—|—|—|—|—|179| |**Total**|—|—|—|—|—|179| |**Liabilities - Creditors: Amounts falling due**|**in one year**|||||| |Z04 : Accounts Payable|107|125|—|—|232|4,218| |**Total**|107|125|—|—|232|4,218| |||||||| |**Net total assets**|19,473|168,752|12,476|—|200,702|236,406| Page 3 **The United Reformed Church Stowmarket** - **1157857** ## **Analysis of income and expenditure** ## **Selected period** : **01 January 2020 to 31 December 2020** |**Unrestricted**
**Designated**
Incomeand endowments
**_Donations and legacies_**
B7-LocalNeeds Benevolent Fund
C15-Collections Special
01-Donations Received
2,418
02-Donations allocated to Specific
12
Funds
F3-Freewill Offering
34,779
G6- Gift Day
247
LI-Legacies Received
10
W3-Commitment for Life
125
Y2-Youth and Childrens Work
**_Donations andlegaciesTotals_**
37,467
125
**_Other trading activities_**
C1-Coffee Mornings
1,384
PB-Premises Letting
5,764
S1-Special Fund Raising Events
277
S5- SHCT (Cycle Ride)
147
W2 -Wide Horizons
**_Other trading activities Totals_**
7,573
**_Investments_**
112 - Int on Manse account at Synod
3,644
16-Interest on CAF Gold a/c
156
Y1-Yaxley Trust
582
**_Investments Totals_**
4,382
**_Other income_**
F4-Funerals
120
H2 - HMRCJobRetention Scheme
5,152
11- Income Tax Gift Aid Refund
7,724
M1-Magazines
7
MB-MiscellaneousIncome
15
P28 - Pastorate GroupIncome
2,318
P29-Premises Electric Insurance
Claim
P30 - Premises WaterInsuranceClaim
P31 - Heating Repairs Insurance Claim
T4-Transfers & Credits to TSB Petty
Cash
W1-Weddings
**_Other income Totals_**
13,018
2,318
**Incomeand endowments**
62,442
2,443
**Grand totals**|**Unrestricted**
**Designated**|**Total**
**Restricted**
**Endowment**
**2020**
**2019**| |---|---|---| ||2,418
12
34,779
247
10
125|37
37
16
210
2,418
1,338
12
34,779
32,939
247
2,524
10
125
767
109| ||37,467
125
1,384
5,764
277
147|37
37,629
37,906
1,384
6,988
5,764
15,210
277
1,376
147
143
1,911| ||7,573
3,644
156
582|7,573
25,629
3,644
3,564
156
329
582
582| |||4,382
4,476
120
195
5,152
7,724
7,675
7
17
15
61
2,318
2,234
429
377
51,235
100
120| ||13,018
2,318|15,337
62,445| ||62,442
2,443|37
64,923
130,457| _There may be minor discrepancies in the totals if the pence are not being shown_ Page 4 ## **Paid employees** ## **Staff Costs** |**Salaries and wages**
**Social security costs**
**Pension costs (defined contribution scheme)**
**Other employee benefits**
**Total staff costs**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||**9703**|**9278**| ||0|0| ||0|0| ||0|0| ||**9703**|**9278**| |**Band**|**Number of employees**| |---|---| |**£2000 to £6000**|1| |**£6000 to £10,000**|1| |**Average head count in the year**
**The parts of the charity in which the**
**employees work**||**This year**
**Number **|**Last year**
**Number **| |---|---|---|---| ||**Fundraising**|-|-| ||**Charitable Activities**|0.62|0.62| ||**Governance**|-|-| ||**Other**|-|-| ||**Total**|
0.62|0.62| ## **HMRC Job Retention Grant Received to cover period 23[rd] March to 31[st] Dec 2020 was £5152.00. This was passed on to the employees in line with HMRC instructions.** The church used the services of one part-time cleaner to clean the premises, and a part-time Church Administrator to run the Church Office. ## **We do not run a defined contribution Pension Scheme** ## **Trustee expenses.** **There was no trustee’s remuneration in the year ended 31[st] December 2020** ## **Fees for examination of the accounts** The independent examiner fees. |Independent examiner’s fee|**2020**|**2019**| |---|---|---| ||150|150| **Page 6** Tangible Fixed Assets |At the beginning of the
year 1/1/2020
Additions
Revaluations
Disposals
Transfers *
At end of the year
31/12/2020
****Basis**
**** Rate**
At beginning of the year
1/1/2020
Disposals
Depreciation
At end of the year
31/12/2020
Net book value at the
beginning of the year
Net book value at the
end of the year 2020|**Freehold land &**
**buildings**
**£**|**Fixtures, fittings**
**and equipment**
**£**|**Total**
**£**| |---|---|---|---| ||**60500**|**38794**|**99294**| ||14995|11551|26546| ||0.00|0.00|0.00| ||0.00|0.00|0.00| ||0.00|0.00|0.00| ||**75495**|**50345**|**125840**| ||SL|SL|SL| ||
10%|10% &20%|10% & 20%| ||||| ||58499|27787|86286| ||0.00|0.00|0.00| ||1970|5829|7799| ||**60470**|**33616**|**94086**| ||||| ||**2001**|**11007**|**13008**| ||**15025**|**16729**|**31754**| Items 1, 2 and 3 listed below are assets held by the URC (Eastern Province) Trust as the Custodian Trustees of these assets and hence these items do not appear in the balance sheet of this church. Fixtures, fittings and equipment purchased since 1[st] January 2001 have been capitalized, subject to the following: - (a) The item has a value >£1000 (previously> £500) - (b) The item does not represent a maintenance, or replacement item. - (c) If the item is a gift of equipment, or money to purchase equipment, it must add significantly to the existing overall value of the church premises, or have a significant immediate realisable value. 1. The Freehold and contents in the Church in Ipswich Street. 2. The Freehold of the Manse in Temple Road. 3. £117k invested by the Synod in COIF Bank. (The income alone is expendable, allowable by existing URC policy- may be subject to change). **The church does not have a policy for revaluation of assets** . **Page 7** ## **Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ |**Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**2020**
**£**|**2019**
**£**| |---|---|---| ||0.00|0.00| ||1141|1060| ||2480|31348| ||3621|32408| ## **Creditors and accruals** ## _**Please complete this note if the charity has any creditors or accruals.**_ |**Analysis of creditors**
**Bank loans and overdrafts**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**||| |---|---|---| ||**Amounts falling due**
**within oneyear**|| ||**2020**
**£**|**2019**
**£**| ||0.00|0.00| ||0.00|0.00| ||0.00|0.58| ||232|4160| ||232|4218| There is no Security over assets: ## **Endowment and Restricted Funds** The church has no Endowment Funds ## **Grant-making policy** Grants made to institutions in a given year are agreed at a Church Meeting. **Page 8** Benevolent Collections for other Charities 2020 The figures below are not included in the Main Accounts. They are classed as Agency Collections as the church collection is on behalf of charities. Boys Brigade & Girls Assn 50.00 Christian Aid 401.08 Marys Meals 200.41 SHCT 285.00 Stroke Association 136.38 Stowmarket Food Bank 50.00 St Elizabeth Hospice 170.00 Total £1292.87 Note: These are funds received and paid to the charities above by the Stowmarket URC Charity during 2020. ## **PASTORATE ACCOUNT 2020** ## **INCOME** |B/fwd from 2019|**1578.48**| |---|---| |Income from Chapels &|| |Stowmarket etc|2318.80| |Total Income 2020|**3897.28**| ## **EXPENDITURE** |Council Tax|1131.76| |---|---| |Telephone|286.32| |Travel|87.30| |Anglia Water|269.73| |Manse Brown Bin|44.10| |Stationery & Books|113.19| |Other|126.95| |New Laptop|279.00| |Monthly Bank Charges|60.00| |Total Expenditure|**2398.35**| |Balance Sheet 2019|| |b/fwd from 2020|1578.48| |Income|2318.80| |Expenditure|(2398.35))| |c/fwd to 2021|
**£1498.93**| ## **Ann Waller** ## **Treasurer**