BARNET UNITED REFORMED CHURCH AND EWEN HALL CHARITIES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31st DECEMBER 2024
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 2022 until the date this report was approved are:
Mrs Alison Atkinson, Barry Corradine, Mr Alan King, 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 10 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 in December 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, Rainbows and a club for pre-school children and their carers..
FINANCIAL REVIEW
Income for the year ending 31[st] December, 2024 was £87,074 and expenditure was £100,813 meaning a deficit of £13,739.
£57,513 came from rental income. We have a 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 £24,361 to the URC central ministry and mission fund, £45,779 on church running costs and £17,184 for maintenance of buildings.
Barnet United Reformed Church has a reserve fund of £128,119 which is invested by the URC Thames North Trust.
BARNET UNITED REFORMED CHURCH FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 RECEIPTS AND PAYMENTS ACCOUNT P896 1 Unfeslrjc Funds £ D¢$ignaied Funds £ Thk% Year 2024 Total f Restr[Cd Last Year 2023 Total £ RECEIPTS Note Offerings Fund raising and donations Church Organisalions Mollies raised for outside causes Gift Aid tax repayments Legacies Gift Day Property- lettings URC Grants Interest Free Loan Weddings and Funèrals St. Andrew's Cttesteffield Road Bank interest & investment inoome 6,253.21 1.156.89 6.253.21 3,156.89 1,250.00 400.00 2.955.67 5,726.34 50.00 850.00 800.00 0.00 2,ODO.00 1.250 00 400.00 2,955.67 57,512.52 o.oo 66,817 0.00 25,000.00 0.00 0.00 7,446.75 57,512.52 0.00 8,000.00 0.00 0.00 7.$45.50 8,000.00 39.8S 6.880.29 625.35 Totsl reeeipts 67.918.15 6,880.29 ' PAYMENTS Ministry & Mission Fund Ministers expenses Church running costs Programme acb'vity costs Support ol outside causes Maintenance ol church buildings Maintenance of Manse Repayment of Loan 12,275.35 87.073 79 106,510 69 24,361.32 539 04 45.778.77 1,050.39 220.00 16.395.30 788.86 24.361 32 $68.68 47,028.71 1.050 39 620.00 18.395.30 788.86 8,000.00 23.053.32 471.15 45,755 83 837.96 1.385.00 45.540 74 1.373.45 25,000 00 1.250.00 400 2,000.00 8,000.00 Totsl payments NET RECEIPTS I IPAYMENTSI TRANSFERS between funds CASH FUNDS blfwd 1 January CASH FUNDS clfvid 31 December 89.133.68 0.00 11.679.64 100,813.32 143,417.45 -21,215.53 6,880 29 595 71 -13.739.53 -36.906.76 -21,215.53 8.880.29 595.71 -13,739.53 -29,432.32 STATEMENT OF ASSETS AND LIABILITIES Monelary assets Bank current aOUnt Deposit account Rent Incorne Ae¢ount COIF Accounts 1,787.27 1,787.27 5.39 34.66 128.11948 1,S37.97 5.33 903.84 141.239.19 5.39 128,119 48 Totsl monetary assets Other assets Investments at mark&l value 1.821 93 128,11948 5.39 129,946.80 143,686.33 15,374.10 15,374.10 15,096.73 Assets used for church purpo¥e8 Church Building 43, The Croft, Bamet EN5 2TN 27, Union Stre6C Bamet EN5 4HY Church contents Organ Llabillt1¢8 Loans outstanding Signiffcant ¢redrtors 6.036,857 353.100 211.858 100,045 331,499 0.00 o.oo APPROVED by the Trustees on by and signed on their behalf Inamel (signature) The note& onpages 2 8nd3 lom?rt0 this finBncMlst8tement
8ARNET UNITED REFORMED CHURCH FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 NOTES 1 ACCOUNTING POLICIES The financial ¥talements have been prepared in accordance with the Charities Act 2011 Section 132, using the Receipts and Payments basis available to small charities Iseelion 1331 and the URC guidance. 2 FUND ACCOUNTING Unrestricted Funds may be used by the church for any of ils ordinary wrposes. Designated Fund$ represent unrestricted funds set aside by the church for specific designated purposes., they an be Iransfeired back into general funds al the church's decision. Fund name & purpose.. Ba18nc8 Reserve fund kn£ 133,127.38 Receipts In year £ 6.880.29 Payments in year £ Transfers fr>r year £ 20,000.00 Balan fwcj £ 120.007 67 Totals for designated funds 133,127.38 6,880.29 0.00 20.000.00 120,7.67 Restricted Funds represent income whieh may be expended only on those reslricled objects provide in the lefms of a trust or bequest. or donations or grants received Dr invited for a specific purpose. These funds can only be Spent on the specific purpose for which they were given. Any b8lan¢e remaining unspent must be carried foN8rd as a balance on that fund for future expenditure on that specific purpose, or retijined,. il cannot be absorbed into general funds. Fund name & purpose.. Monies raised for outside causes Halley Stewart Trust Minister's Expenses Junior ChLJrch Fabric Account Gift Days Donatrons for specific items Totals for restricted funds Balan blfwd £ 0.00 1 400.00 1,994.28 112.04 0.00 29.64 335.61 2545 5,233.92 458.22 785.00 0.00 2,000.00 3,025.35 Receipts in year £ Payments in year £ 400 00 o.oo 29.64 0.00 0.00 0.00 2,000.00 2,429.64 Balanee 0.00 2,106.32 0.00 361 06 5,692.14 785.00 000 8,944 52 This Year 2024 Total £ 8,348.81 UnrestffGted Fund5 £ Last Year 2023 Total £ tlesignaled Funds £ Reslricied Fund5 £ 3 MONIES RAISED FOR OUTSIDE CAUSES Crisis and Shelter Disasters Emergency Committee 400.00 400.00 0.00 400.00 200.00 Totsls ralsod for outside causes 4 PROPERTY INCOME Rent Income URC Grant Weddings and funerals 000 0.00 400.00 400.00 600.00 57,512.52 57,512.52 0.00 0.00 66,817.60 0.00 0.00 Total property Income S CHURCH RUNNING COSTS Pulpit Supply 57,512.52 0.00 0.00 57,512.52 66,817.60 552.50 19,802.65 8.539.99 748.43 860.37 87.35 1,336.48 9,195.00 222.02 4,069.28 260.00 104.70 552.50 1,250.00 21,052 65 8,539.99 748.43 860.37 87.35 1,336.48 9,195.00 222.02 4.069.28 260.00 104.70 Insurance Organ and Pianos Printing and Publicty Technology Licences and Music Copyright Cleaning Domestic Sundries Garden Anaintenance Miscellaneous Expenses Bank and Trust Charges Total church running costs 350.00 16.516.13 7,244.15 944.43 1.997.17 348.05 1,246.10 8,780 00 2,106.85 6,032.01 36.49 154.45 45,778.77 0.00 1,250.00 47,028.77 45,755.83
BARNET UNITED REFORMED CHURCH FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 NOTES - ¢ontinuèd Page 3 Unrestricted Funds £ This Year 2024 Total £ Designated Funds £ Last Year 2023 Totsl £ Restrided Fund5 £ 6 PROGIiAMME ACTIVITY COSTS Junigr Church Catering Christn7as Services Totsl programme actlvlty costs 7 SUPPORT OF OUTSIDE CAUSES Churches Together Subscription Bntish Legion Poppy AP&1 Crisis Shelter Disastets Emergency Committee 0.00 136.39 914 00 o.oo 31.96 806.00 136.39 914.00 1,050 39 0.00 0.00 1,050.39 837.96 2QO.00 20.00 200.00 20.00 200.00 200.00 165.00 20.00 200.00 200.00 200.00 200.00 200.00 Christians Against Poverty North Londc)n H05pice Good Neighbour Scheme London City Mission Bible Society Still Waters Trust 0.00 0.00 0.00 0.00 000 0.00 100.00 100.00 100.00 100.00 100.00 100.00 Total support of outside ¢auses 8 MAINTENANCE OF CHURCH BUILDINGS Church and Ewen Hall Flats and 27 Unlon Street Total maintenance of church building$ 9 MAINTENANCE OF MANSE Manse 220 00 0.00 400 00 620.00 1,385.00 16,029.15 366 15 2,000.00 18,029.15 366.15 41,820.12 3.720.62 16,395.30 0.00 2,000.00 18,395.30 45,540.74 1,373.45 1,373.45 1,373 45 Total maintenance of manse 10 MONETARY ASSETS The church monies are not held in segregated accounts, but for the sake of this financial slalement the total of each account is allo¢aled appropriately over the various funds. 11 ASSETS USED FOR CHURCH PURPOSES The church building and the Manse al 43, The Croft, are vested in IURC Thames North Trustl as trustees and are not church assets. They are held for the benefll of Bamet UR Church in accordance with the slalulory trusts apllicable to URC properties undei the URC Acts. For insurance purposes the church buildings are insured by the church for £12.617,815. The Manse for £583,958, and 27, Union Street for £350,372. The Church contents are insured by the Church for £796,562. 12 INVESTMENTS HELD FOR CHURCH PURPOSES Thames North Synod Trust company holds on behalf of the church investments representing money received as legacies or other gifts. The release of this lo the chUh is decided by the ehurch alone. Amounts recaved during the year are included in these accounts.
BARNET UNITED REFORMED CHURCH FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 Page 4 TREASURER'S STATEMENT I hav8 prepared the financial statements on pages 1 10 3 for the year ended 31 December 2024 from the accounting records of the church. Aan King {namel (date) INDEPENDENT EXAMINER'S REPORT I report on the financial statements of Bamet URC for the year ended 31 December 2024. which are set out on pages 1 to 3. Resp¢ctlve responslbilities The church is responsible for the preparation of the fi'nancial statements, and considers that the audit requiffment of Section 14412) of the Charib'es Act 2011 (the Act) does not apply. It is my responsibility to ' stale, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 14511 Ila} of the Act, whether particular matters have come to my attention. Basis of Independent Examinerfs report My examination was carried out in accordance with the General Directions of the Charity Commissioners. An examination includes a review of the accounb'ng 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 ststemenls, and seeking explanations concerning any such matters. The procedures undertaken do not proVe 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 to my attention which gave me cause to believe otherwise than th21 the financial statements accord with the accounting records of the church, and 'that those words satisfied the requirements of the Act. l am not aware of any matter to which attention I should be drawn in order to enable a proper understanding f the financial slalements to be reached. .Slgned by the Independent Examiner.. Name and address of the Independent Examiner.. tr4ieiEu A. WARb i l14CH eo23 C)e