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2024-03-31-accounts
| Minister |
· Rev. VaughanJones |
|
| Treasurer |
Dr.Philip Cotterell |
|
| Charity number |
1172808 |
|
| Legal status |
Union Chapel is an unincorporated |
charitable trust governed |
|
by a trust deed |
|
| Principal address |
Union Chapel |
|
|
19b Compton Terrace |
|
|
London |
|
|
N12UN |
|
| Bankers |
Lloyds Bank |
NatWest Bank |
|
19-20 UpperStreet |
40Islington High Street |
|
London |
London |
|
N1OPJ |
N18XB |
| Accountants |
Goodman Jones |
|
|
Arthur Stanley House |
|
|
40-50 Tottenham Street |
|
|
London |
|
|
W1T 4RN |
|
| Solicitors |
Bates Wells |
Bolt Burdon |
|
10 Queen Street Place |
Providence House |
|
London |
Providence Place |
|
EC4R 1BE |
London |
|
|
N1ONT |
| Surveyors |
Goodman Mann Broomhall |
Price Taylor |
|
118 Piccadilly |
1 08-1 09 Upper Street |
|
London |
London |
|
W1J ?NW |
N11QN |
|
Note |
2023-24 |
2023-24 |
2023-24 |
2022-23 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
£ |
£ |
£ |
£ |
| Income from |
|
|
|
|
|
| Grants&donations |
2 |
7,997 |
137,205 |
145,202 |
86,952 |
| Charitable activities |
3 |
7,865 |
5,279 |
13,144 |
12,835 |
| Other trading activities |
4 |
228,965 |
|
228,965 |
148,061 |
| Investments&deposits |
5 |
901 |
|
901 |
205 |
| Total income |
|
245,727 |
142,484 |
388,21 1 |
248,053 |
| Expenditure on |
|
|
|
|
|
| Raising funds |
6 |
|
|
|
|
| Properties |
|
25,396 |
|
25,396 |
14,786 |
| Fund raising |
|
1 |
|
1 |
751 |
| Charitable activities |
6 |
|
|
|
|
| Church activities |
|
126,720 |
|
126,720 |
149,756 |
| Events |
|
35,398 |
|
35,398 |
14,384 |
| Weddings&funerals |
|
1,760 |
|
1,760 |
1,188 |
| Union Chapel Singers |
|
|
5,925 |
5,925 |
4,496 |
| Asylum seekers |
|
|
115,329 |
115,329 |
17,900 |
| Total expenditure |
|
189,277 |
121,254 |
310,530 |
203,261 |
| Netincome/(expenditure) |
|
|
|
|
|
| before revaluationQf |
|
56,450 |
21,230 |
77,681 |
44,792 |
| investments |
|
|
|
|
|
Net gains / (losses)on
investments |
10 |
18 |
|
18 |
(276) |
| Netincome/(expenditure) |
7 |
56,468 |
21,230 |
77,698 |
44,516 |
| Inter-fund transfers |
|
|
|
|
|
| Net movementinfunds |
|
56,468 |
21,230 |
-7-7,698 |
44,516 |
| Total funds brought forward |
|
196,608 |
57,615 |
254,223 |
209,707 |
| Total funds carried forward |
|
253,076 |
78,846 |
331,922 |
254,223 |
|
Note |
31March |
31March |
|
|
2024 |
2023 |
|
|
£ |
£ |
| Fixed assets |
|
|
|
| Tangible fixed assets |
9 |
28,825 |
32,877 |
| Investments |
10 |
1,086 |
1,068 |
|
|
29,911 |
33,945 |
| Current assets |
|
|
|
| Debtors |
11 |
162,105 |
55,000 |
| Cash at bank andinhand |
|
163,582 |
179,352 |
|
|
325,687 |
234,352 |
| Liabilities |
|
|
|
| Creditors - amounts falling due within one year |
12 |
(23,677) |
(14,073) |
| Net currentassets/(liabilities) |
|
302,011 |
220,278 |
| Total net assetsI(liabilities) |
|
331,922 |
254,223 |
| Funds |
13 |
|
|
| Restricted funds |
|
78,845 |
57,615 |
| Unrestricted funds |
|
253,076 |
196,608 |
| Total funds |
|
331,922 |
254,223 |
|
|
|
2023-24 |
2022-23 |
|
Unrestricted |
Restricted |
Total |
Total |
|
£ |
£ |
£ |
£ |
| Grants |
|
135,785 |
135,785 |
78,020 |
| Donations |
7,997 |
1,420 |
9,417 |
8,932 |
|
7,997 |
137,205 |
145,202 |
86,952 |
|
|
|
2023-24 |
2022-23 |
|
Unrestricted |
Restricted |
Total |
Total |
|
£ |
£ |
£ |
£ |
| Events |
5,418 |
|
5,418 |
6,776 |
| Weddings & funerals |
2,447 |
|
2,447 |
2,954 |
| Choir (Union Chapel Singers) |
|
5,279 |
5,279 |
3,105 |
|
7,865 |
5,279 |
13,144 |
12,835 |
| 4 Income from other trading |
activities |
|
|
|
|
|
|
2023-24 |
2022-23 |
|
Unrestricted |
Restricted |
Total |
Total |
|
£ |
£ |
£ |
£ |
| Rental income |
150,054 |
|
.150,054 |
148,061 |
| Dilapidations payments |
78,911 |
|
78,911 |
|
| Other income |
|
|
|
|
|
228,965 |
|
228,965 |
148,061 |
|
|
|
2023-24 |
2022-23 |
|
Unrestricted |
Restricted |
Total |
Total |
|
£ |
£ |
£ |
£ |
| Interest |
857 |
|
857 |
161 |
| Investment income |
44 |
|
44 |
44 |
|
901 |
|
901 |
205 |
|
|
Charitableactivities |
Charitableactivities |
|
|
Raising |
funds |
|
|
|
Church |
Events |
Weddings&
funerals |
Choir(UC
Singers) |
Asylum
seekers |
Fundraising |
Properties |
2023-24
Total |
2022-23
Total |
|
£ |
£ |
£ |
£ |
£ |
£ |
£ |
£ |
£ |
| Payroll |
86,902 |
|
|
|
45,167 |
|
|
132,069 |
103,400 |
| Events |
|
35,398 |
|
|
|
|
|
35,398 |
14,384 |
| Sundayservices |
7,251 |
|
|
|
|
|
|
7,251 |
6,164 |
| Choir(UCSingers) |
|
|
|
5,925 |
|
|
|
5,925 |
4,496 |
| GospelArtsproject(UCVoices) |
2,361 |
|
|
|
|
|
|
2,361 |
15,148 |
| DonationstoUCP&othercharities |
18,360 |
|
|
|
|
|
|
18,360 |
16,360 |
| Churchequipment&resources |
1,706 |
|
|
|
|
|
|
1,706 |
4,156 |
| Socialjustice&communityengagement |
|
|
|
|
|
|
|
|
7,954 |
| Asylumseekers |
|
|
|
|
69,933 |
|
|
69,933 |
3,416 |
| Weddings&funerals |
|
|
1,760 |
|
|
|
|
1,760 |
1,188 |
| Governance |
5,456 |
|
|
|
|
|
|
5,456 |
6,871 |
| Fundraising |
|
|
|
|
|
|
|
|
750 |
| Properties |
|
|
|
|
|
|
22,618 |
22,618 |
11,699 |
| Depreciation |
1,044 |
|
|
|
229 |
|
2,779 |
4,051 |
4,784 |
| Miscellaneouscosts |
3,640 |
|
|
|
|
|
|
3,641 |
2,491 |
| Totalexpenditure2023-24 |
126,720 |
.35,398 |
1,760 |
5,925 |
115,329 |
1 |
25,396 |
310,530 |
|
| Totalexpenditure2022-23 |
149,756 |
14,384 |
1,188 |
4,496 |
17,900 |
751 |
14,786 |
|
203,261 |
|
|
Property Church&Office |
Property Church&Office |
|
|
|
|
Improvements |
Equipment |
|
Total |
|
|
£ |
£ |
|
£ |
|
Cost |
|
|
|
|
|
At startofyear |
75,550 |
23,610 |
|
99,160 |
|
Additions during year |
|
|
|
|
|
Disposals during year |
|
|
|
|
|
Atend of year |
75,550 |
23,610 |
|
99,160 |
|
Depreciation |
|
|
|
|
|
Atstartofyear |
47,764 |
18,519 |
|
66,283 |
|
Charge for year |
2,779 |
1,273 |
|
4,051 |
|
Eliminatedondisposal |
|
|
|
|
|
Atendofyear |
50,543 |
19,792 |
|
70,335 |
|
Net book value |
|
|
|
|
|
At end of year |
25,007 |
3,818 |
|
28,825 |
|
Atstartofyear |
27,786 |
5,091 |
|
32,877 |
| 10 |
Investments |
|
|
|
|
|
|
|
2023-24 |
|
2022-23 |
|
|
|
|
£ |
£ |
|
|
At startofyear |
1,068 |
|
1,344 |
|
|
Gain/(loss) during year |
|
18 |
(276) |
|
|
At endofyear |
1,086 |
|
1,068 |
|
|
|
|
2023-24 |
2022-23 |
|
|
|
|
£ |
£ |
|
Prepayments |
|
|
|
|
|
Accrued income |
|
|
162,105 |
55,000 |
|
|
|
|
162,105 |
55,000 |
| itors: amounts falling due within one year |
|
|
|
|
|
|
|
|
|
2023-24 |
2022-23 |
|
|
|
|
£ |
£ |
|
Other creditors |
|
|
23,677 |
14,073 |
|
|
|
|
23,677 |
14,073 |
| assets between funds |
|
|
|
|
|
|
Unrestricted |
|
|
Restricted |
Total |
|
|
|
£ |
£ |
£ |
| Tangible fixed assets (net book value) |
|
28,140 |
|
686 |
28,825 |
| Investment |
|
|
1,086 |
|
1,086 |
| Net current assets |
223,851 |
|
|
78,160 |
302,011 |
|
253,076 |
|
|
78,845 |
331,922 |
| 2023-24 |
At startof |
Incoming
resources& |
Outgoing
resources& |
At end of |
|
year |
gains |
losses |
year |
|
£ |
£ |
£ |
£ |
| Unrestrictedfunds |
|
|
|
|
| Designated funds |
|
|
|
|
| Properties reserve |
80,000 |
78,911 |
(8,064) |
150,847 |
| Other unrestricted funds |
116,608 |
166,833 |
(181,213) |
102,229 |
| Total unrestricted funds |
196,608 |
245,745 |
(189,277) |
253,076 |
| Restricted funds |
|
|
|
|
| Union Chapel Singers |
4,364 |
5,279 |
(5,925) |
3,718 |
| Asylum seekers grant |
52,145 |
136,085 |
(114,818) |
73,412 |
| Asylum seekers hardship fund |
1,106 |
1,120 |
(511) |
1,715 |
| Total restricted funds |
57,615 |
142,484 |
(121,254) |
78,845 |
| Total funds |
254,223 |
388,229 |
(310,530) |
331,922 |
| 2022-23 |
At startof |
Incoming
resources& |
Outgoing
resources& |
At endof |
|
year |
gains |
losses |
year |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| Designated funds |
|
|
|
|
| Properties reserve |
80,000 |
|
|
80,000 |
| Other unrestricted funds |
123,952 |
172,797 |
(180,141) |
116,608 |
| Total unrestricted funds |
203,952 |
1721797 |
(180,141) |
196,608 |
| Restricted funds |
|
|
|
|
| Union Chapel Singers |
5,755 |
3,105 |
(4,496) |
4,364 |
| Asylum seekers grant |
|
70,000 |
(17,855) |
52,145 |
| Asylum seekers hardship fund |
|
1,151 |
(45) |
1,106 |
| Black History Month |
|
1,000 |
(1,000) |
|
| Total restricted funds |
5,755 |
75,256 |
(23,396) |
57,615 |
| Total funds |
209,707 |
248,053 |
(203,537) |
254,223 |