ANDREW'S FROCNAL iryITED RKFDRMED CHLIRCH CHARITY REPORT OF THE TRu￿EEs FOR THE YEAR ENDING 31 DECEMBER 2010 Thi5 report includes inforniatson required by the Charities (Accounts Rewrts) R¢gula¢io)$ 2008 and the Statement of RecottlllleRd¢d Practice for Accounting by Charities 2005 as applJcabl¢ 10 ¢hariti¢s entitled to prepatc accounis on atteipts And payments basi& ADMINISTRATIVE INFORMATION St Andrew's Frogn8] is a lo¢￿ ¢hur¢h ofthe United R¢formed C.hur¢h IURCI in Gteat Bntwn, a member of 'Churches To8eth¢r in c￿d¢￿' and 8 member of th¢ URC'b Th￿￿e5 North Symod. It IS 5itsated on the jun&ion of Finchley Ro*J and Fro8nal Lane in Hampste*l London. postcod¢ NW3 7DY. It was s¢tYarately reBiStered 3s a¢hwity on 21 No¥embeT 2016. ¢harity no. 1170281. Its tmsteB5 aTe its eld¢rs". Victoria F¢rguson. Anitr¢w Glennie, Irene Huaftg. Revd Donald Macarthur. J¢8n Marsham. John Meadows, txireen Mor8ans. .4nne Nobl4 Dal'id Noble, Su&in Noble, Chnsty Sa￿￿er 8ttd Sh¢ila Sohao,. and its tteasurer". 7're￿Ill Sieb¥les. The church buildthg. themanse at 42 Attnita8¢ R(L London NWI18RD and the G￿den FlaL OtchBrd Mead House. 733 Finchley R4 Lottdon NWI18DJ 2r¢ vested in LRC Thames North Trust ￿ tnLStees and held for theben¢fii of St Alldiew's Frosnd URC th a¢¢ordance with th¢ trusts applicable to URC piopeTtie The chuich maill￿ns bank accounts with HSBC Bank forgen¢rg1 Ms¢ and holds 4 accollttts. thr¢¢ with COIP IChaTities OtSci81 Investm¢ni Fulldl thjnistered by CCLA (Charity CoJ]llnissJon and Authority). thE other with the ChuTches Mutu8] Cr¢dii Union. STRLicfuRE, GOVERNANCE AND MANAGEMENT The church's activities are overseen by the Elders. Meeting in aceorth¢¢ with the PTOViSiODS of The S￿Cture of the IJRC deiertnined by the G¢ner31 Assembly of th¢ URC and supplemented by the tules of St Andrew's Frognai URC. The Eld¢r$' M¢eting, assisted by its Fittan¢¢ and Fabri¢ Co[[￿Tritte¢ is ]Esponsible for th¢ finaTrciai athtunistyation ofth¢ ¢huTCh, d th¢ we Mainten￿re ofthe church ptemises tO8¢ther with the ttwjse and flat Elders, EneettnBs are norm8]ly held tnonihty. The Church Meeting lof 811 who wish to attend) Bives guid&Jce on the lifesnd work of the ¢bur¢h' only ¢hurth members hav¢ votin8 rights. New elders are ele¢i¢d by members of the ¢hutth at a church metting. Their teTm of office Js not limited. The offices of Seuetsry and TTusur¢r are vokd on at the Afjm. ORVECTIVES AND ACTIVITIES As a local collBreg8tion of the URC. St Attdrew's seeks to ￿VanCe the Christian religion thTOU8h its ¥¢liviti¢S and the facilitl¢5 oifeTed lothe community by its buildin8. It provid¢s benefit lo the public by. PToviding resources and facilities for public Worship. pa51oTal cBre 8nd spintu￿. moral and intellectual dc￿elopMent. both forth¢ £ongre8ation artd foT anyone else who wish¢s 10 b¢n¢fii from what the Church offers, promotlljg Chnstian values and servi¢¢ by membets of the congre8￿]0￿ 10 the COTntnunity, forthe knefil of ￿dIvIdUa￿S and so¢J¢ty as a whole. Spe¢ifi¢ally it offers Sunday ]nornin8 worship and aThursday morniTr¥ Bible Study, and 0therocw0D￿ ser¥Ic￿ and ¢vwts ih¢ludin8 weddujy, fi]ner8ls and chnstenittgs. It Jso PTovid¢s the main premises forthe Wenge]awit Eritr¢an Luthetan ChuTch ul London. REVIEW OFAcrivtTIES AND ACIIIEVEMEYTS While the minister'$post is currently VWL wvi¢¢$were Conduct￿ in s0￿C fortn every Suttilay. by visitin8 minister£ or by church eldeTS who are train¢d lay prea¢h¢rs. Dutirt partiBi lockdown. followinB Covid tisk asse55Tncnt% 50rne services were held in church and trdll5ttutted on Zoom as'hybrid thurch" and dunng full church c105UTe5. wmpliant with goveintnent guidelinek serviies h8Vt beén tyansmir¢d via Zoom EiiheT from the bhurch or from pr¢a¢hers' hom¢s. with this contsnuing ujio 2021. The number of Virtu￿ attendees Braduglly incr￿ed so thai they matched OT ¢K¢¢¢dtd no[[n￿ congTeBations. 5010 ￿ngerS S3M¥ h>7nn5 from their hom¢s. and th¢ prO(￿S1OndI1sM of th¢ brothts llnproved familiarisaiion wlth the iechnology increased. The Finance gnd Fabric Co]nmittee wete unable to meet in peTSOll bul were able to tespond try telephone and email. so ne¢￿sary m8]nt¢n￿¢£ of the ¢huT¢h wasnot hindered. ile th¢ ¢hur¢h was still open elders and others colltinued to mak¢ a wide v8tt¢ty of ¢ontributyons'. In the choir. in the Children's Church, pioviding ministry. providing pastw caTe, caleFillB, flowers Tn￿agIn￿ hall IEttingk property T￿￿3&YeT1]e￿l etc. Thanks ate due io I who mak¢ th¢ ¢hur¢h a w¢l¢omin8 feature of the community and p*ti¢ularly 10 thos¢ who look the n￿SaT). actions at rel￿.3￿t rimeS to make the chuich Covid-safe and to gTapple with ]kew techno108y. FtNANCIAL REVIEW In 2020 & loss of £21,0(M) w&4recorded. This ujcluded £IO.000 asplann¢4 of lew fi￿d8 to teknbish and tnodern7￿thc toilet Th¢Tes¢rv¢5 at y¢ar ¢nd ￿90d at £416.000 of wluch £433.000 was in unr¢stri¢ied futtds. The wlicy OD T¢serves is that unresrricled fund5 should exceed 12 monthsof income from hall lettirtbs l¢urrenily aboul ￿0.0[1) itt arorni￿ y¢arl thi5 bein¥ the largest SUJ8le source of come. but at risk Jf theh211 were to b￿-0￿C unusable for any reaxin. The ¢huwh pays a ¢ontsibution 10 the URC'S Minigtty and Mission fund, this operating like f&x with different rates on different sources of ]ncotne. In 2020 th¢ ¢onrributton was £41.000. Because il works 2 yeaTS ￿ Btr&vs le8 2020 contribution based on 2018 ￿c0[￿e} Il can cause Sl8nJficanl fluctuations in annual PTofiI or10s& HowevEI, an undeTlY￿8 position close to bTeak-even is expected 10 br ￿hlevabl¢ over the next f¢w y¢ars. The us¢ of ffi¢-oIYlewy re¢eipts from 2019 w fvnd wanous initiatsves line with the church's mission coniinues io b¢ under consideiation by the tru51Ees despite ob￿lOuS ¢urr¢nl uncertainties. Be&wse ofthe tyandctllic. 5prcial rharity ¢oll¢¢tions in churih notpossible. bul members were en¢our8ged to n￿Le their owll pnvate colltiibuoons direaly to the chatiti¢s that Sl Andrews nottnally 5UPPOrts. Thu report W￿3 appr￿edbY ihe o its behthlfby I htrr¢lJ Secreiory. . ondissignedon 5T ANDREWS FROGNAL UNITED REFORMEL) CHURCH Flnanclal stai8montsforihtryearending 31.12.20 Page 2 I ACCOUNnNG POLICIES Thefinancia15tatements have been prep8red In 8¢¢ord8n¢ewrth the ChaTthes Act 2011, using the R￿PIptS and Payrnenls ba515 available lo small charitie5. and th¢ United RefoTmed Church guidan 2 FUND ACCOUNTING Unrnstrlctsd Funds rnay be bythechurchforany ofits rKdinary purrn)8e8. Balan( R8cayts iTryear £ 68,922 15,408 Fund name & purpw". Transfe furyaar£ Bale￿* Congregati￿81 fvnd Legacyfund 107,919 346,005 ,$54 lo,2￿) 81,287 351,213 ToFab for unfgstrkted funds 453,924 84,330 432,500 Doslgnated Funds represent ufiie5tricted funds set asth by the church for designated purposes. they Can betransferred back inlD general funds attht ¢hur¢h'$ deci810n. Restrtcted ￿ndS represent Incomewhich may be expend& onty on Ihoge reslri¢t¢d cty"e¢t$ prwded In the terTllS of a Itusl or bequest. 0rdOnat￿n5 or grallls rewved or iTrvited for a specif￿ purFK)5e. These I￿r￿S can onty be¥pent Dn IhB puwstforwhi¢h theyweregiven. Any b&lance remaining unspent mLk6t be carrEd forward As è balan￿ on that fund for future expeFKlilure onthat speufi¢ purp)8e. or retumed., it C8nncl be absorw Into general funds Fund name & purpose.. Organ * ¢hrArfund TTJll8fgr8 foryèar£ In yeSr£ I￿￿5r£ 10.034 436 10.470 B Htyrftwning fund Cttarll￿s fund Tota￿ for r*strlcW lunds 2.611 30 12.675 463 2.261 860 463 13.072 This Year 2019 Totsl £ V￿es￿Lled Fu￿5 £ 3 MONIES FiAISÉD FOR OLITSIDÉ CAUSES Crisis UK URC Commitmentforlrfe British leg￿n Chnstkgn sdidanty ￿0￿de MarE Cune hosp￿ Totals raised foroutside Gaus Fu￿9 Fu￿5 Total £ 67 38, 637 163 1,465 67 637 163 1,4S5 4 MONETARY ASSETS Reslnrfed fund$ are nDt hdd in separate accounts. bLrtfor Gonvenknce are shL￿￿ UFwJeF Ihe CMCU a¢cow In pr￿tice Interestand inv*sim¢rfgains or b5ses are pro r8t8d 8¢ro8s all funds. S ASSETS USED FOR CHURCH PURPOSES The Twslee¥ ofthe¢hurch and manse buildings are the URC Th8mes North SynDd Trustw￿ hoki them UPOD tru8tfor purposes connected wth StAndrtrk$ FrDanal URC. For insurance putposes the chur¢h building$ are insured for £14 2m and Ihtc¢nteni$ for £132.(M)O. The manse house and oarden a￿ insured fof £700.fxK), ￿￿eCt1r￿j rebuild not sB￿ price Iwhicth w8$ £143ml. ST ANDRE%YS FROSNAL UNtfÈD RÈPORMÈDCHURCH Pa9p 1 FINAN￿LsTATEmENTs FOR THE YEAR EPIDING 31.t220 RECEIPTSAND PAYMENTS ACCOUNT Ye F￿￿£ FuvJ5E TOWE RECEIPT5 551 3.979 7.￿2 '¥Gthlda .O1h8rd0nati￿ 59) 295 3,703 897 3,180 3.180 7.405 25.694 Ltsttir Pl￿￿rtY[eNB Ch?rtY¥p￿I[¥Jl￿thor Crfhor 25.694 559 12.538 280.738 ' In￿sI￿ntg[￿bIhlunrOa￿￿j 349 860 85.190 PAYIAE14TS Minisiry& Mi￿￿￿FUr Pl1n151e￿1￿￿$e¥ eèx¢•n Pu1Prf Chuithmus 41.304￿￿. 970 469 469 1,523 8,812 . ¢hurthiThSuran Prtrtbw, ￿l￿n￿ry. ph 9.86$ 1.204 5.676 Ctwghts ch4￿￿En,￿￿urth S￿b&crip10ns*tC 11 ,793 143 Crfhgrmlx•*n•ou& 463 463 1Q5.754 463 106 217 t04.521 NÈTRÉCEIPTS IIPAYIAÈNT5j TRANSFER5 bviw*¢nfunds CASH FUP4fis T January CASH FUNDScliwd31 tiBthnber . 397 94,270 432.500 45 572 5TATEMÉpif OFASSETSAND LV4BILmES Sect￿r1•￿1aC￿fflI . HS8C businBsyacoJunl CCLAethKalffiJr CCLAde￿I￿M¢ ' ChuteJ*s Mu￿#1¢￿¢￿￿￿￿1On O)IF IURClINvb&kni8nl acrl 125.2>8 5 2.147 200.W) 217,42S Irxi.214 217.425 100214 13.072 26.976 28.978 27.234." 442563 45S.735 469.781 ¢Th￿rth bknI&81r￿. Manse a￿lflat FumYdh1n￿ and 8quipm8nt ' ¢Th￿r¢h ￿lenty . Che4u25 ￿￿￿￿￿J8¢31 12 3.1 tr￿ChU￿h èr¥J$i9neo¢n (Tr￿e1 ST ANDREWS FROGNAL UNITED REFORMED CHURCH Pag8 3 Flnancial stst8m8nt8 foitho yoai 8ndlt)g 31.12.20 TREASURER'S STATEMENT l have prepared the fintncial statements IOT the year ending 31.12.20 T J Steggl&8 9 3.21 Idatel INDEPENDENT EXAMINER'S REPORT I reFn)rt on the financial staletnents for StAndreWs Frognal URC forthe yearending 31.12.20 as set on pages 1 and 2 Rospectlve rn#ptsrwsibilltlo8 The chufch Is responsible forthe prepar8tson of the financial 5tsternenls. and consideT5 thatlhe audit requirementof tsect￿n 144121 of the Charities Act 2011 does not appty. It is my res￿&bIlIty to state, on the basis of procedurts $￿IrEd in the General D1￿ctionS given by the Charity CommisÈioNdrs . under secton 146 ofthe Act. *fiethar part￿Ular matters have come to my attenbon. Basts of Irbd8pond•nt ExamfjDg¢s rgport My exarninalion c8m8d out in accordance vmlh the Ganeral Direcbons ofthe Charity cWmk%s￿nerS. An examination Includes a reviewof the 8¢countng reGord5 kept by the church and a ctsmparL8on of the . accounts presented wlh those record5 It also Inc1L￿65 consideration of any unusual items ordi5dosu￿s In the finanaal staternenis. and seekifig expk4nation$ wncerniny any such matters. The pro￿vre$ undertaken ¢0 not provKle all the evidence Ihatwoukl be reQuir￿1 in an audi( and eon8eouenlly I do not . express an aUd￿t opinion on the view 9iven by the finallrya15tstements. Independent Examlnefs Statom•nt I In connection wlh my examination, no matter has come lo my attent￿n which 111 give8 me r88son8ble cause to b￿l￿ve that In any materi81 respect5 the requirements to keep ￿U￿tI￿j records In ac