BARNET UNITED REFORMED CHURCH AND EWEN HALL CHARITIES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st DECEMBER 2021
This report includes information required by the Charities (Accounts and Reports) Regulations 2008 and the Statement of Recommended Practice for Accounting by Charities 2005 as applicable to charities entitled to prepare accounts on the receipts and payments basis
ADMINISTRATIVE INFORMATION
Barnet United Reformed Church Charity is a local church of the United Reformed Church in Great Britain, and is a member church of Thames North Synod of the Church. It was registered on 18[th] February, 2019 as Charity Number 1182081.
Barnet United Reformed Church is situated at Ewen Hall, Wood Street, Barnet. EN5 4BW.
The members of the Elders’ Meeting for the time being are recognised as the charity trustees. Those who served from 1st January 2020 until the date this report was approved are: Mrs Jill Adams, Mrs Alison Atkinson, Mr Alan King, Mrs Susan Stemson Rev Dominic Grant
The Church building, Ewen Hall and houses at 43, The Croft, Barnet, EN5 2TN and 27, Union Street, Barnet EN5 4HY are vested in Thames North Trust company as trustees and held for the benefit of Barnet URC in accordance with the trusts applicable to URC properties.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The activities of Barnet United Reformed 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 rules of Barnet United Reformed Church. The governing document of the registered charity is a statement adopted by the Church Meeting.
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. The members of the Elders Meeting are the minister in pastoral charge (if any) and up to 12 members of Barnet URC nominated and elected by the members of Barnet URC in Church Meeting. Elders serve for 3 years, retire by rotation and are eligible for re-election. There is no limit on the number of consecutive periods of service. The members of the Elders’ Meeting are the trustees of the registered charity during their period of service as elders.
The Elders’ Meeting met 6 times during the year. It is assisted in the administration of the Church and its property by committee established for property management. The Church Meeting met 6 times during the year.
OBJECTIVES AND ACTIVITIES
As a local congregation of the United Reformed Church, Barnet United Reformed Church seeks to advance the Christian religion through its activities and the facilities offered to the community by its buildings.
The Elders’ Meeting is aware of the Charity Commission's guidance on public benefit in "The Advancement of Religion for the Public Benefit" and has regard to it in the administration of the Church. The Elders’ Meeting believes that, the Church provides benefit to the public by:
• providing resources and facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for the congregation and for anyone else who wishes to benefit from what the Church offers;
• promoting Christian values and service by members of the congregation to the community, for the benefit of individuals and society as a whole.
REVIEW OF ACTIVITIES AND ACHIEVEMENTS
Barnet URC held worship services every Sunday morning throughout the year. Evening services took place each Sunday from the end of November leading up to Christmas and on a few other occasions during the year. We have a Boys’ Brigade and Girls’ Association, numbering about 100 members, as well as Brownies and Rainbows.
FINANCIAL REVIEW
Income for the year ending 31[st] December, 2021 was £87,299 and expenditure was £87,804 meaning a deficit of £505.
£27,302 came from hiring out the Ewen Hall and other rooms, and £41,784 from the rental income of our house and three flats. The remainder of the income consisted of gifts and donations from members and friends who attend our services and activities.
The main expenses were £18,718 to the URC central ministry and mission fund, £34,576 on church running costs and £20,057 for maintenance of buildings.
Barnet United Reformed Church has a reserve fund of £197,833 which is invested by the URC Thames North Trust.
8ARNET UNITED REFORMED CHURCH Page 1 FINANCIAL STATEMENTS YEAR ENDED 31 DEGEMBER 2021 RECEIPTS AND PAYMENTS ACCOUNT This Ye&r 2021 Total £ L851 Year 2020 T81 £ Unre51noed Funds E Dfj$¥Jn?18d FundE£ Rp5trithd Funds £ RÉCÉIPTS Offerings Fund raising and donations Church Org8nisalion8 Monies raised for outside cause8 Gift tsx paYrnents LegaCS Grft Day Propety. tIlro$ Propety- churchlhall users URC Grants Interest Flee Lean Weddings and Fun8ral$ St. Andrevls Chesterfield Road Bank interest & Invesmenl income 4,360.17 10.00 4,360.17 11,010.00 850.00 350.00 0.00 0.00 0.00 41.783.81 27.302.25 O.OD 0.00 400 00 606.80 635 95 4.876.52 11.00000 850.00 350.fA) 1.800.IY) 100.00 5,986.35 0.00 0.00 44.592.57 21.413.25 2,923.60 20.OW.00 41.783.81 27.302.25 400.(K) 606.80 611 06 0.00 1.233.38 12 1.40 23.49 Total r8C81pt8 73,8S7.63 23.49 13,417.86 67,298.96 102.718.67 PAYMENTS Ministry & Mission Fund Ministo¢s gxpgnsos Chur¢h running ¢osts Programrne activity costs Support of outshde causes Maintenance of church buildlngs Maintenance of Manse Rèform Magazino 18,717 73 242.24 34,575 85 815.46 489.50 19,401 70 655 66 35.50 18,717.73 281.56 35.425.85 815.46 839.50 30.425.82 1,262.46 23.001.00 2.480 37 32,00142 39.32 850.00 350.00 11.024.12 6(6.80 805.50 11,837.52 45.522.24 29.50 0.00 0.00 Total paymet)ts NET RECEIPTS I IPAYMENTSI TrANSFERS betw¢on funds 74.933.64 0.00 12,870.24 87,803 88 115.898.11 .078.01 2349 547 62 -504 90 -12,981.44 0.00 CASH FLINDS blfwd 1 January CASH FUNDS ¢Ifv 31 Docembgr -1,D76.01 23.49 $47.62 -504.90 -12.981 44 STATEMENT OF ASSETS AND LIABILIYIES Monetary assets Bank current a¢¢ounl Deposit account Rent Income Account COIF Accounts 3.599 12 3.599.12 7.170.98 1.422.21 197.833.10 1.959.67 6.629.36 4.137.67 197.530.31 7.170.98 1.422.21 197.833 10 Total monètsry assets Other assets Invesknents at market value 5.021.33 197.833.10 7,170 98 210.025.41 210.530.31 16,713.78 16.713.78 16.e11.94 Assets useil for ¢hur¢h purptsses Church Building 43, The Croft. Barnet EN5 2TN 27, Union Street. Bamet EN5 4HY Church contents Organ 6.036,857 353.100 211,858 100.045 331.499 Loans outstanding Significant creditors 20.000.00 20,000 APPROVED by tho Truste85 on £7 -2and si gd n their beha Inamel Isignatu) Th¬es on p8486 2 8nd3 fom parttlS finanualstaternent
8ARNET UNITED REFORMED CHURCH Page 2 FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 NOTES 1 ACCOUNTING POLICIES The finanaal statements have been preparèd in accordancè with thè Charitiès Act 2011 Seciion 132, using the Receipts and Payments basis available to small charities (Section 1331 and the URC guidan. 2 FUND ACCOUNTING Unrestricted Funds may be used by the church lor any of its ordinary purposes. Designated Fund8 represent unrestricted funds sel aside by the church for specific designated purposes,. tmey can be transferred back Into g&ner81 funds at the church's decision. Balance Receipts in year£ 23.49 Fund nam$ & purpose.. Payments year £ Transfers foryear£ 88lancE Reserve fund 197,809.61 197.833.10 Totals for d•slgnated funds 197.833.10 Restrlcted Fund¥ repsent income which may be expended only on those restricted objects provided in the terms of a trust or bequest, or donations or grants received or Invited for a specific purpose. These funds can only be spent on the specrfic purpose lor which they were given. Any balance remaining unspent must be carried forward as a balance on that fund for future expenditure on that specific purpose. or returned." it cannot be absorbed into general funds. 197.809.61 23.49 O.OD 0.00 Fund name & purpose.. Balance Receipts in year£ Payments in year £ Balance mOnS r8i$ed for outside causes Halley Stewart Trust Ministeffs Expenses Junior Church Fabric Account Gift Days Donations for specific items Totsls for restroctgd funds 350 00 14122 39.32 246.38 33.76 3,959 10 3*.76 785 00 0.00 0.00 11,OW.00 6,623 36 11,98106 350 00 0.00 1,774.10 0.00 280.14 4,331.74 785.00 0.00 7, 170.98 1,632.88 39.32 0.00 24.12 0.00 11,000.00 11,413.44 This Y&ar 2021 Tolal £ L88t Year 2020 Total £ Unre$iricte¢ Funds £ D¢Snated Funds £ Re5tQGled Fus£ 3 MONIES RAISED FOR OUTSIDE CAUSES Crisis and Shelter 350.00 350.00 100.00 Totals ralsed for outslde eausès 000 350 00 350 00 100.00 4 PROPERTY INCOME Hall hire income Rent incorne URC Grant Wedding5 and funerals Totsl property ifteomè 5 CHURCH RUNNING COSTS Pulpit Supply 27.302.25 41.783.81 27.302.25 41.783.81 0.00 400 00 21,413.25 44.592.57 1,710.00 0.00 400.(K) 69.486.06 69.486 08 6771582 300.00 10.563.01 8.111.10 1.454.77 1.085.17 555.71 1,390.28 8.830. 1,876.21 2.131 99 246.92 30.69 300.00 85000 11,413.01 6.111.10 1.454 77 1.085.17 555.71 1,390.28 8,830.00 1,876.21 2,131.99 246.92 30.69 140.00 10,904 33 5,771 04 240.00 810 349.79 959.01 10,091.80 1,504 65 1.889.1)0 123.70 20.00 Insurance Organ and Pianos Printing and Publicity Technology Licences and Music Copyright Cleaning Domesb"c Sundries Garden Maintenance Miscellaneous Expenses Bank and Trust Charges Total church running costs 34,575.85 0.00 850.00 35,425.85 32,CK11.42
BARNET UNITED REFORMED CHURCH Page 3 FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 NOTES- continued This Year 2020 Total £ Last Year 2019 Total £ Unfeslrid Funds £ Desiqnated Fund¥ £ Resthcted Funds£ 6 PROGRAMME ACTIVITY COSTS Junior Church Catering Christmas Servicès 0.00 120.46 695.00 0.00 120.46 695.00 0.00 11.56 0.00 Total progrnmme activity costs 7 SUPPORT OF OUTSIDE CAUSES Churches Together Subscription British Legion Poppy Appeal Crisi5 Sheltsr 815.46 0.00 815.48 11.56 72.00 17.50 7200 17.50 1750D 175.0 17.50 15000 150.00 175.00 175.00 North London Hospice Good Neighbour Scheme London City Mission Bible Society 1(Y).00 10000 1WOO 100.00 100.00 10000 100.00 100.00 100. 100.(X) 100.(K) 100.QKI Total support of outslde causes 8 MAINTENANCE OF CHURCH BUILDINGS Church and Ewen Hall Propety Total maintefiance of church bulldlngs 9 MAINTENANCE OF MANSE Manse 489.50 0.00 350.00 839.50 805 50 18,708.30 693.40 11,024.12 29,732.42 693.40 8,715.44 3,122 08 11,837.52 19.401.70 11,024.12 30.425.82 655.66 606 80 1.262 46 45,522 24 Totsl maintenance of manse 10 MONETARY ASSETS The church monies are not held in segregated accounts, but for the Sake of this fin8nual statement tha toial of each account is allocated appropriately over the various funds. 11 ASSETS USED FOR CHURCH PURPOSES The church building and the M8nse at 43, The Groft. a vestèd In IURC Thames North Trustl as trustees and a not churth assèts They arè held for Ihe bènèfrt ol Barnèt UR Church in accordan with the statutory trusts apllicable to URC properties under the URC Acts. For insurance purptsses the church buildings are insured by the church for £6,036,857. The Manse for £353,100 and 27, Union Street for £211,858. The Church contents are insured by the Church for £431.445. 12 INVESTMENTS HELD FOR CHURCH PURPOSES Tharnes North Synod Trust company holds on behalf ol the church investments representing money retsived as legacies or other gifts The Tele8se of this to the ¢hur¢tt is decided by the ¢hur¢h alone. Amounts received during the year are included in these acGounts.
BARNET UNITED REFORMED CHURCH Page 4 FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 TREASURER'S STATEMENT I have prepared the financial statements on pages 1 to 3 for the year ended 31 December 2021 from the accounting records of the church. Alan King {sign8lure} l Y Idal INDEPENDENT EXAMINER'S REPORT I report on the financial statements of Barnet URC for the year ended 31 December 2021, which are sel out on pages 1 to 3. Respective responsibilitios The church is responsible for the preparation of the financial ststements, and conser$ that the audit requIrnet of Section 144121 of the Charities Aet 2011 (the Act) does not apply. It is my responsibility lo slate, on the basis of prodUreS specified in the General Directions given by the Charity Commissioners under Section 145111{al of the Act, whether particular mallers have come to my attention. Basis of Independent Examiners report My examination was carried out in accordance with the General Directions of the Charity Commissioners. An examination includes a review of the accounting records kept by the church and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the financial stalemenls, and seeking explanations concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the financial stalemenls. Independent Examinerfs statement In connection with my examination of the church funds, nothing came lo my attention which gave me cause to believe otherwse than that the financial statements accord with the accounting records of the church, and that those records satisfied the requirements of the Act. l am not aware of any matter lo which attention should be drawn in order to enable a proper understan g of the financial statements lo be reached Signed by the Independent Examiner.. date.. 31£12oiL Name and address of the Independent Ex ItrEL. A.¥4AQD -4PikV 0¢ts4E o£FD P£33 OVF