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