sr ANDRKW'S FROCNAL UNITED REFORM&DCHURCH CHARITY REPORTOF THE TRusfEES FOR THE YEAR ENDINC JI DECEMBER2021 Thi5 rwknrt includes infLKrnation tryuired by th¢ Chariti¢5lAt¢ovnts ReKthsI ReguiAiions 2W8 and the SLi*ment of Recommended Prathice for Aceouniin8 by Charities 21Y)5 o5applicabl¢ lo ch￿tiCst￿tit1ed to prepmre acrounts on a re￿iptsand IMsi$. ADMINISTRATIVE INFORMATION St Andrew'5 FrOgn￿ 1$ a church of thr UDit¢d R¢fomied Chur¢hlURCI in Great Britai￿ a m¢mbcrof'ChurLthesTogEtlw in Camden, and a memberofthe URC'S Thatnes North Syrtod. It is Stlua￿ on th¢ jynctiort of Finchley Road and Fros[￿ Lone in Hampstead. London. p051c(th NW3 7DY. li 5¢TMratsly t¢gistered as a chArity on 21 November2016. charity 1170281. 11$ trwlw5art iheelders.. Victoria AndrewGlennie,John Meadow5. tkTrYEtn M(AEaTts, AMeNobl4 DaYidNoble. Susart Noble. Christy Sawycr., and its tsu%urer'. Tttvitt Steggles. The church building, Ihem&nse&t 42 Annits¥e Rd, London NWI18RD andthe Garden Fl# ¢hhard Me&1 HO￿￿e. 773 Fiwhl¢y R4 iAmdon NWI18DJ. twther share ittthe manse ofTrinty. Camden UAC at 34 will￿ Roa4 Lthdon NW5 3DS, aye vested ￿ URC ThaJDesNorth Trust &$ wna hEld forthe E¢nefitof Sr Andrew'5 F￿S￿al URC in arwrdw withthetrdsts applicthe to URC pror%rtick The¢huFch acLxwnts ￿th HSBC for geneF&l use and hold5 4 Savings acc4>unts.. thr¢¢ with COIFICharitic5 0ffiei21 Invesmieni Fund) wdminislered by CCLA ieharity Cornmissioll a￿d Authority). andthethwiththtchllrches Mun￿7 Credit Union. STrUCTURE. GOVERNANCE AND MANAGEMENT Therhw¢h's activitiesareover5￿ ty the Elders. Mewing in a￿r4)rte¢ withthe provisio￿S of The Strnthure ofthe URC detemiined byth¢ &n¢tal A$5embly ofthe URC arKI supplernenfed by theyules ofst Andrew's Ftognal URC. The Elder5, Meetin& p&siSitd by its Finance and Fakne Cornmitie¢. 15 ￿p0￿sIble forihe finaD¢￿I aaministslllion of the church. ana tht caTe and mainteDanre ofthechwch ]xemi5ts togdherwith the manse and flat. Eldtrs. M￿ingS are no￿n￿lY held momhly. ThE Chutch Me morning wotship, ￿th at th¢chu￿h 2nd on-linethrou8h Z￿m, various Bible Study 5¢SSiOmS, and olhEr occasional 5wviceS artd evenis includipg weddings. funerals andchD¥tenirtgs. 11 alsoprovides the main pYemise5 forihe Weng¢lawit Eritr LutheTrn Church Lonth. REVIEW OF ACTIVITIES AND ACHIEVEMENTS While the minister's w is eurrelltly vx8nt. services were cthducled in sorne fonn every Sunday, by visiting milli￿tIs Or by church elders whtsare knined lay preachers. During church Closures, complt8nt government guideline4 servic￿ wer¢ transmitted via Z(x)m either from the chbrch or from proeh¢rs' homes. Sin¢¢ re￿)PenIng of Ihechurch Sinsultaneous br￿(asts of the 5eryic¢s viazfjom FOVE ¢ontinued, helpin8 lo bring the chU￿h to a widEf c4>n8re8ation. The Finance and Fabric ComTnittee unablewmeet ill F￿r50r￿ owing tocont￿ul concerns alx>ut Coyid. but were able ttr¢0rres￿nd by iel¢phone and ernail. so nLx*55ary Mainten￿{￿ of IhechuKh w&5 Hot hindefyl. Elder5 atKS other5 haye comilluedto Tnake a wide y￿Ety of contributions.. in the Choir, in the Child￿n,5 ChuTch. providin8 tninistry. providing P2Sl4)Y81 m cxt¢rill8. flvwer5. managing hall lellings, propety man88ement elc. Thankn are dueto all who makethechurch welcomin8 featllTe of the communty and particularlyto those whotook the rJec￿8ry actio at tekvant times lo make thechurch Covid-5afr and to grapple with new t￿h￿)I0￿. FINANCIAL REVIEW In 2021 aswplus Of£5&￿ was rtCOTded. This w&5 aided by sn unexpcct¢d8routh of £55,(M)O itt the ofinvtsbments. which ofcour5e re￿11￿ &t ri5kofany economi th)wnturn. The rest￿¥￿t ye8rthd Stood ai £5O2,(Khl of which £488.IMM) was in unrestricted fU￿ts. Th¢ p)Ii¢y on Trs¢fYts is unrestriet¢d fund5 should exeeal 12 m(ynths of inc(Ahe from I l¢ttingsl¢uYr¢ntly ats)llt£50.(KH) in & nonnal Year1th￿ Treing the lar8e¥ SiJlBle soutce of in¢om¢. t￿1 ai risk ifth¢ h811 wueto b￿0￿e ullusable for any reason l&% it in 20201. Th¢ church pays aContril￿tion lo th¢ UKC'S Ministry and Mission fuDd. thi5 9TYratin¥ lik¢ a tax with different rates on differ¢rtt sourcts of income. In 2021 tht¢otithkniion w8$ £31,￿0. Bec4u5e it works 2 years in ar￿ le¥ 2020 eontribution tAsed on 2018 income) il Cjin ￿uSt significa￿1 fluclualions in anpual prtsfit or loss. However, an llndtrlying WSitii)tt close to break-even i5 exF￿ledtO be ￿h1cv&bletsver the next few y&qrs. The llseof one-off leg&Lry Teceipts fro￿ 2019 to fund various itiittatives in line with ihe church's mission continuesio under eonsideration by the trustee5 despitt obvious cuttent uncertaittties. Sp¢¢i&l eh8rity collections in chuTch We￿ nsumed rArt-w2y through tht ytsrejthlll￿£l J to be do)￿ted to a variLty of ￿Use5. This ryPQTtt tspprovedty the TrtA%tees OK.. ... ........ Church Svcrelury. 4Jndissigryvdon its b¢knlftythe ST ANOREIYS FIIOfjNAL UNTEDftEFORIIEDCMURCH IIANLIL STATEIIENTS FORniEYEAR ENflNG 31.12.21 RE¢￿PT5 AND PAYMENTS ACCOUNT Th￿ Year ZQ11 TOWE LWYe¥i 2Tr To**E Fwth£ RECaPTS $$1 7,322 741 1%254 DffBrfny 7,322 I.￿3 6.￿7 3,180 7,405 25,694 27.431 6.758 25.694 27A31 52.059 L4aths 559 12.687 851 22.393 13S.154 149.T20 ?AYIIErff I￿￿&M￿Fi ,840 .840 41.301 461 469 2.955 7.172 9.750 2.Q$5 7.17 •.79) g.e65 Y•4 9Xk4 e.076 111111 1297 20.e52 2QN2 30tsÈ9 207 Tra 462 T¢iiil 82.>25 84.71D I￿,217 RÈCtWTrllPAYfiENTSI 55229 56.010 CASH FUPID5b*wd l ja￿L￿ry 31 LTrécem 415.5 4e6.59 487 853 1.$82 5TATEIIEIIT OF ASSETSAMDiIAWUTIES 98.Fg4 91.793 2.149 217A25 IW214 ¢￿Ae￿icalts C¢LAtJEpQJrt￿Thj 252.75S IUD226 IW.228 13, COIF(URCI I￿￿1￿•￿tar*t 33.086 33.fA6 2&.976 53 Chwcn rn•ns¢ Lknb4th• ctMw&rKA *aTeJ at31.12 PROVED tythÈ cfwrth o byAKIrt 2￿31th ST ANDREbYS FROGNALUNITED REFORAIED CHLIRCH Page 2 FhwncLylstatom•nts torlhp y￿1 ondlng 31.12.21 FIOTES 1 ACCOLINTING POL￿￿$ The finanrial have been prepared In accordancev*ththe ChanbES Act 2011. using tre Rewptsa￿1 Payworth￿S to smaii chèthes. and Unrted REforn￿d Chuich 9uidènte 2 FUND ACCOUIITING ¥JnrMi￿ci0d may *lh8 lttany tsfrtSotthn3rypwpose5. FufMI naft￿& ￿r[￿ Trjnetws BI￿(? ar£ 103.361 34.793 81,287 1,213 71.195 11.730 113,4 374,276 L8gatyf¥nd 432.5 138.154 487,729 D•¥￿¥￿d Pund¥ wewlunre%tyI￿9d tunds by1￿ ctwjrth forsp?￿ficdeS￿natQd wwe5, they can be trAnste￿￿ into generd ￿￿EdIthe churth'sdeo¥￿c tefftsofa trustor Wuest oi dona1b￿sOrWantB recei¥ed orinyiied foi èsp&* These lums 28n ly thÈ wrptre forwtiehthey*￿ gven Anyb*￿trEY￿alnInY u￿￿￿j5tb8 C4r￿dfIvHrttas g balanco￿that￿n￿ fortubjre 9yn¢rfur9￿ ihal Epeafic purpose. or reDJmed. Fun¢ n*nF&wpw. aT£ 10.470 11.416 B HtrWtr8knin9f￿d (und 2.281 341 12.072 1.077 458 I3.￿3 1,297 ThtsYÉar Las1 Yèar 2020 T(tsl£ F￿£ F￿th£ Furts£ T(tslÈ J IIONJES RALgED FOR QUT$IDE CAUSES ChrLstan A TtU58eM TtU51 256 RefugBe RoswSB Fw rotals rnlÈ•d tor Dul*ldB C4u*** 1.297 4 MONETARY ASSETS Restntied fur￿$ a￿ nthwin separate accounts. bUt￿convenv￿nt￿ ar8 ¥hDWn und81 accaunt In prw*eintereSt¥￿ invgstrn9ntgainyorknsses aleprorata'd ￿￿$5 011 fimds. 8 ASSETS USEDFOR CHURCH PURPOSES Trusloe¥ of ènd manse bJil&ws arg ihfr URC North sy￿ T￿￿1 who up JstfOrpL￿Q5eSC0Mtho￿i￿ st￿d￿¢s Fr￿n￿l URC FOrlr￿rdrtt Pu￿0B•S￿e(thUrth Isured for£18 andlhe con￿￿ts￿£144. The manse houso3nd 95td9na￿ InsU￿d tor£700,l￿, Tefle(*twJ rebui￿ nOt6a￿ pnce IwhK* w8¥ e1 43mi ST ANDREWS FROGNAL UNITED REFORMED CHURCH Flnancial ¥tatom&nts for the ytarondlng 31.12.21 Pa9B 3 TREASURER'S STATEMENT I have prepared the finaTh%l $tatsTr￿ts for the yeareN*ng 31.12.21 T J St8ggle$ 5.4.2022 Idatel INDEPENDENT EXAMINER'S REPORT I reporton the financial Stater1￿15 for StAN￿$ Frrynal URC for thè year end*19 31.12.21 as set OLrt on p¥Je5 1 and 2. RgWeCt5v• rn8ponslbllth* The church is responsib￿ lor the preparab.on ofthe finar￿la1 8tstements. and xfisider8 that the a￿rt requ•r8ment ol *ction 144121 of Ihe Charitses Ad 2011 Mt apply. tt is my respon￿bIlIty to stste. on th? batys of prcc8dure5 specffj￿d in the General Direction8 given by the Chanty C¢Jmmi8s￿ers under yection 145 of the Ad, *thether part￿￿ar matter5 have Ctsr￿ to my atterbtion. Bas￿ of Indop8nd8nt Examlnots fyport My examinalKn was rarried out in aCc￿d4￿Ce the Gerw* Lhretkns ofthe Charity ComftM&¥wers. An exatninat*Jn indudÈs a of the acrAKJnbng records kept by Ihe thurth and a comparison of Ihe acethjnts presented with Ihose reo)rds. It also indude8 Considerat￿ of any unusual iterns ordisdosures in Ihe finanaal ststements, and seeking explanations c￿¢￿￿1￿ any Matters. The proc8dures undertaken do Ml provKle all ts e¥hYe￿*that￿￿ld be requireJ in an audit, and o)nsequenUy I do n¢1 txpre35 an audrt O￿nIOn on the viewglven by Ihe finarKial 8t*ements. Indownthnt Exafflln*8 ¥tatornont In conneL*on ￿￿th rny exaM￿ab0n. no matt8rha$ to my attenti￿ wthich 111 gNe8 me reasonab￿ cause to bdieve that in any materbal resp¥ts the requirerrenl8 to keep aoxunti reoJrds in a¢xxJrdarTh v*th secbon 130 of the 2011 A(#. and lo prepare aco)unts thich aco)rd with those re￿d$ and comply with Ihe ¥ccounting requirernents ofthe Act have not been met., 121 require. in rny opin*Jn, attention to ￿ dra¥¥n In tsrderto enablè a proF4r urthr5tsrMling of the acwunts to be reached. Signed by Ihe Ir%Jependent Examiner. IIIOIIL Na￿ and address of the lTrJ8pendent ExarrHner'. CV¢ClS FIL61 Re￿ant Profe￿Ortal walhlcatson or IK)ty ST ANDREWS FROGNAL UNITED REFORMED CHURCH Flnancial ¥tatom&nts for the ytarondlng 31.12.21 Pa9B 3 TREASURER'S STATEMENT I have prepared the finaTh%l $tatsTr￿ts for the yeareN*ng 31.12.21 T J St8ggle$ 5.4.2022 Idatel INDEPENDENT EXAMINER'S REPORT I reporton the financial Stater1￿15 for StAN￿$ Frrynal URC for thè year end*19 31.12.21 as set OLrt on p¥Je5 1 and 2. RgWeCt5v• rn8ponslbllth* The church is responsib￿ lor the preparab.on ofthe finar￿la1 8tstements. and xfisider8 that the a￿rt requ•r8ment ol *ction 144121 of Ihe Charitses Ad 2011 Mt apply. tt is my respon￿bIlIty to stste. on th? batys of prcc8dure5 specffj￿d in the General Direction8 given by the Chanty C¢Jmmi8s￿ers under yection 145 of the Ad, *thether part￿￿ar matter5 have Ctsr￿ to my atterbtion. Bas￿ of Indop8nd8nt Examlnots fyport My examinalKn was rarried out in aCc￿d4￿Ce the Gerw* Lhretkns ofthe Charity ComftM&¥wers. An exatninat*Jn indudÈs a of the acrAKJnbng records kept by Ihe thurth and a comparison of Ihe acethjnts presented with Ihose reo)rds. It also indude8 Considerat￿ of any unusual iterns ordisdosures in Ihe finanaal ststements, and seeking explanations c￿¢￿￿1￿ any Matters. The proc8dures undertaken do Ml provKle all ts e¥hYe￿*that￿￿ld be requireJ in an audit, and o)nsequenUy I do n¢1 txpre35 an audrt O￿nIOn on the viewglven by Ihe finarKial 8t*ements. Indownthnt Exafflln*8 ¥tatornont In conneL*on ￿￿th rny exaM￿ab0n. no matt8rha$ to my attenti￿ wthich 111 gNe8 me reasonab￿ cause to bdieve that in any materbal resp¥ts the requirerrenl8 to keep aoxunti reoJrds in a¢xxJrdarTh v*th secbon 130 of the 2011 A(#. and lo prepare aco)unts thich aco)rd with those re￿d$ and comply with Ihe ¥ccounting requirernents ofthe Act have not been met., 121 require. in rny opin*Jn, attention to ￿ dra¥¥n In tsrderto enablè a proF4r urthr5tsrMling of the acwunts to be reached. Signed by Ihe Ir%Jependent Examiner. IIIOIIL Na￿ and address of the lTrJ8pendent ExarrHner'. CV¢ClS FIL61 Re￿ant Profe￿Ortal walhlcatson or IK)ty