Annual Report and Financial Statements for Park United Reformed Church Registered Charity Number: 1196199
For the year ended 31 December 2022
**PARK UNITED REFORMED CHURCH**
## **Annual Report for the year ended 31 December 2022**
## **Aims and purpose**
Park United Reformed Church Elders have the responsibility of cooperating with the Minister, in promoting the whole Christian mission of the Church, pastoral, evangelistic, social and ecumenical. The Elders also have specific responsibility for the maintenance of the Church buildings.
## **Objectives and activities**
The Elders are committed to enabling as many people as possible to worship at our church and become part of our community. The Elders maintain an overview of the worship throughout the year and make suggestions on how services can involve many groups that live within the area. Our services and worship put faith into practice through prayer and scripture, music and sacrament.
When planning our activities for the year, we consider the guidance on public benefit and, in particular, we try to enable ordinary people to live out their faith in Jesus Christ as part of our community through:-
- Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus.
- Provision of pastoral care for people living in the area
- Missionary and outreach work
To facilitate this work, it is important that we maintain the fabric of the Church and Halls complex at Park.
## **Achievements and performance Worship and Prayer**
The Elders are keen to offer a range of services over the course of the year that our community find both beneficial and spiritually fulfilling. For example, Ignite services, on Sunday evenings, offer a more relaxed form of worship which is tailored to the many University students living in the area. Also, Healing and Wholeness services offer a more reflective, intimate and quiet environment for worship. Messy Church also offers a different style of worship which includes a meal. This service is particularly attractive to children and families.
All are welcome to attend our regular services. At the end of 2022 there were 100 Church members and 47 Adherents. 2 adherents became Church Members during the year and 2 names were added to the list of adherents. 1 Church Member was removed by transfer to another church. The average weekly attendance from January - December 2022 was 70 for morning worship (15 of whom were joining online) and 11 for evening services (1 online) As well as our regular services, we enable our community to celebrate and thank God at the important milestones of the journey through life. Through baptism/dedication we thank God for the gift of life; in marriage, public vows are exchanged with God’s blessing; and through funeral services, friends and family express their grief and give thanks for the life which is now complete in this world before commending the person into God’s keeping. This year we have celebrated 3 baptisms/dedications, but no funerals and no weddings.
During 2022 we emerged further from the Covid-19 pandemic and were able to resume a monthly pattern of services at Lakeside Care Home. These services are an important part of our mission and outreach, and the residents appreciate meeting with us and sharing worship together.
In January at the first Communion service of the year we welcomed and inducted new Church Secretaries and commissioned four Serving Elders, one of whom was inducted for the first time. We thank all our Elders for their continued support and work for the church.
## **Wessex Synod**
2 of our members sit on the Synod and 2 are members of sub-groups within the Synod, 1 member of the Pastoral committee
Page 1 of 14
## **PARK UNITED REFORMED CHURCH**
## **Annual Report for the year ended 31 December 2022 (continued)**
## **The Church Buildings and activity**
Our church buildings are a resource for all and are open throughout the week for regular use by individuals and groups from the local community. Although some hirers have not returned following the pandemic, we currently still have 3 other churches worshipping on our premises together with over 30 community groups. The groups offer a diverse range of activities, including Toddler Group, Uniformed Organisations, Choirs, Keep Fit, Counselling, NCT groups, Recovering Drug Addict support group to name just a few. Each week the building is used by hundreds of people.
Following the Covid 19 pandemic a positive development has been the development of an online access to our worship services. We have continued to use Zoom as part of a regular pattern of hybrid worship, enabling housebound members and some who live a distance away from the area to continue to participate. Weekly prayer meetings continue, mostly online, and monthly committee meetings and Church Meetings have been following the hybrid pattern with a Zoom option. In this way we can maintain contact with the vast majority of our congregation, with Elders taking responsibility for reaching out to any who find attendance in person difficult but who don't have or prefer not to use online technology.
More community groups have returned to our halls for their meetings and activities during recent months, and the Church Office has continued to prove an invaluable space from which our Centre Manager can coordinate the weekly programme of events. Members and others from the community have continued to appreciate the range of activities that are on offer, including Friendship Club, Badminton Club, Toddlers Group, and groups for children and young people. Away from the church premises the First Friday Footpath group has continued to offer a monthly opportunity to exercise in the open air with a series of country walks in the local area, suitable and enjoyable for all.
Through our Lent Study course and ongoing series of house group discussions, many of our members have been enabled to consider ways of developing their faith and their response to the challenges of living a truly Christian life in today’s world.
## **Minister**
Our minister, Rev Stephen Ansa-Addo, has continued to share his time between Park and Hungerford URC’s. We have all continued to benefit from an association with another very different church community. Stephen has challenged us; his leadership is proving invaluable and under his guidance Elders and members alike can look forward to the future with optimism. Notably we are currently exploring options for the appointment of a Youth Worker to develop our work amongst young people, and have also begun discussions towards aligning the church with the local Warm Welcome initiative. As a result, we anticipate that Park URC will be in a position to reach out even more effectively to the community around us.
## **Pastoral Care**
Pastoral care has continued to feature prominently in our church life. Elders have maintained a pattern of regular contact with members, either through visiting or by phone or email, to check that everyone is keeping well, physically, mentally and spiritually. In addition, discussions are continuing to develop the pastoral network to ensure that all concerns and needs are met as effectively as possible. **�**
Page 2 of 14
## **Annual Report for the year ended 31 December 2022 (continued)**
## **Mission and evangelism**
Helping those in need is a demonstration of our faith. This year Park Church donated £1950 to three charities at Christmas. We gave £650 each to the Disasters Emergency Committee, the Trussell Trust and the local Christian Community Action charity. Several of our members volunteer with Reinspired, a project that reaches out to local schools through the delivery of Christian aspects of the RE curriculum. Ecumenical Relationships�
## **Ecumenical Relationships**
Park URC is a member of Churches Together in Earley and East Reading (CTEER). When possible, we participate in the East Reading Festival and join with other churches for events and special services such as Easter and the Walk of Witness on Good Friday
## **Financial Review of the Year**
The church has seen a slow but steady return to life following the Pandemic with community groups returning and church worship and activities returning to prepandemic levels
For 2022 the total income was £141,170 of which £2,916 was restricted income. £12,729 was received in unrestricted Gift Aid recovery. Income from renting out the halls and the church totalled £59,091 compared to £39,044 in 2021
The sum of £39,375 (£38,604 in 2021) was spent of unrestricted funds on Mission and Ministry. This largely provides for stipends, training and housing for Ministers. The sum of £37,352 was spent on church/halls operating costs and maintenance. This does not represent the total expenditure for the year.
Planned giving through standing orders has remained stable and collections at services increased slightly. Total income including tax recovered also increased slightly.
The net result for the year was a surplus of £31,206.
## **Reserves Policy**
The Elders have reviewed the Reserves during the year and have allocated a sum of £30,000 towards Mission Work and £30,000 towards Building work. It was also agreed that a reserve equalling three months of unrestricted payments is retained to smooth out fluctuations in cash flow to meet emergencies and this is shown in the Contingency Fund.
## **Volunteers**
The church is a body of volunteers supported by a Centre Manager, and an administrator (post vacant in 2021). It could not survive without the dedicated work of members who work tirelessly to support new initiatives and maintain regular worship opportunities.
## **Structure, governance and management**
Park United Reformed Church registered with the Charity Commission on 19th October 2021. Its registered number is 1196199.
The method of appointment of Elders is set out in Park’s Constitution. At Park the Elders consist of the Minister, the Church Secretary, Assistant Secretary, Treasurer and Elders elected by church members. All members are entitled to be nominated for election.
The Elders Board meets 10 times a year. Given its wide responsibilities, responsibility for Finance and maintenance is devolved to a sub-committee (Finance and General Purposes) which is made up of a small group of Elders and Members. This committee recommends action but has no delegated powers other than routine maintenance issues.
The Elders in turn recommend actions to the Members at Church meetings which are held 6 times a year. All Church Members are entitled to vote at these meetings.
Page 3 of 14
**Annual Report for the year ended 31 December 2022 (continued)**
## **Administrative Information**
Park United Reformed Church is situated on the corner of Palmer Park Avenue and Wokingham Road. It is within the Wessex Synod of the United Reformed Church. The correspondence address is Park URC, Palmer Park Avenue, Wokingham Road, Reading, RG61DN. The serving elders are the charitable trustees.
## **Trustees**
**Elders who have served at any time from 1st January 2022 until May 2023 are:**
|**Name**|**Position**|**Term**||
|---|---|---|---|
|||Start|End|
|Simon & Jenny King|Joint Church Secretaries|Jan-22||
|Carrie King|Assistant Church Secretary|Jan-22||
|Enala Bhebhe|Elder|Jan-21|May-24|
|Charlotte Blackburn|Elder|Jan-21|May-24|
|Alan Holmes|Elder|Jan-18|May-24|
|Henry Enang|Elder|Jan-22|May-25|
|Rod King|Elder|Jan-22|May-25|
|Judith Enang|Elder|Jan-18|May-24|
|Zie Bhebhe|Elder|Jan-22|May-25|
|Elizabeth Knox|Elder|Jan-18|May-24|
|Alistair Knox|Elder|Jan-20|May-23|
|Chris Gayford|Elder|Jan-19|May-25|
|Ex Officio members||||
|Rev'd Stephen Ansa-Addo|Minister|Sep-20||
|Yvette Gayford|Treasurer|Jan-18||
Simon King Church Secretary Date: 1st May 2023
Page 4 of 14
## **PARK UNITED REFORMED CHURCH**
## **Statement of Financial Activities (SOFA) for the year ended 31st December 2022**
|All figures in £
Note
**Income and Endowments from:**
Donations and Legacies
A1
Charitable Activities
A2
Other Trading Activities
A3
Investments
A4
Other income
A5
**Total Income and Endowments**
**Expenditure on:**
Raising Funds
B1
Charitable Activities
B2
Other
**Total Expenditure**
Net Gains/(Losses) on Investments
**Net Income/(Expenditure)**
Transfers between Funds
**Net Movement in Funds**
**Reconciliation of Funds:**
Total Funds brought forward
Total Funds carried forward|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
52,032
2,794
54,826
-
20
20
60,868
-
60,868
100
2
102
25,254
100
25,354
**138,254**
**2,916**
**141,170**
141
-
141
109,613
210
109,823
-
-
-
**109,754**
**210**
**109,964**
-
-
-
**28,500**
**2,706**
**31,206**
1,570
(1,570)
-
**30,070**
**1,136**
**31,206**
172,365
3,926
176,291
**202,435**
**5,062**
**207,497**
**2022**|**2021**|
|---|---|---|
|||**Total**|
|||68,980
17
40,082
7
39,704|
|||**148,790**
-
97,843
1,215|
|||**99,058**|
|||**49,732**|
|||-|
|||**49,732**|
|||125,344
**175,076**|
w The statement of financial activities includes all gains and losses recognised in the year.
w All income and expenditure derives from continuing activities.
w See Note G3 for the comparative SOFA
Page 5 of 14
## **PARK UNITED REFORMED CHURCH**
## **Balance Sheet as at 31st December 2022**
|All figures in £
Note
**Fixed Assets:**
Tangible Assets
C1
**Total Fixed Assets**
**Current Assets:**
Debtors
D1
Cash at Bank and in Hand
D2
**Total Current Assets**
**Liabilities:**
Creditors: Amounts falling due within a year
E1
**Net Current Assets or Liabilities**
**Total Assets less Current Liabilities**
Creditors: Amounts falling due after one year
E2
**Total Net Assets or Liabilities**
**The Funds of the Charity:**
Unrestricted Funds
F1
Restricted Income Funds
F2
**Total Charity Funds**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
19,192
-
19,192
**19,192**
**-**
**19,192**
18,199
400
18,599
167,394
4,908
172,302
**185,593**
**5,308**
**190,901**
2,350
246
2,596
183,243
5,062
188,305
202,435
5,062
207,497
-
-
-
**202,435**
**5,062**
**207,497**
202,435
5,062
**207,497**
0
**2022**|**2021**|
|---|---|---|
|||**Total**|
||19,192
-|22,131|
||**19,192**
**-**
18,199
400
167,394
4,908|**22,131**
11,906
144,366|
||**185,593**
**5,308**
2,350
246
183,243
5,062
202,435
5,062
-
-|**156,272**
2,112
154,160
176,291
-|
||**202,435**
**5,062**|**176,291**|
|||172,365
3,926|
|||**176,291**|
|||-|
Approved by the Elders on 10th May 2023
## **Name 1 Alistair Knox**
## **Name 2 Simon King**
Page 6 of 14
**PARK UNITED REFORMED CHURCH**
## **Notes to the Accounts for the year ended 31st December 2022**
## **1. Accounting Policies**
## 1.01. Basis of preparation and assessment of going concern
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) 2019; the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
The Elders consider that there are no material uncertainties about the church's ability to continue as a going concern.
## 1.02. Funds structure
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. The main restricted fund is the Kitchen Fund.
Unrestricted income funds comprise those funds which the Elders are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the Elders, at their discretion, have created a fund for a specific purpose.
Further details of each fund are disclosed in notes F1 to F3.
## 1.03. Income recognition
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the income to which they relate is received.
Legacies are accounted for when the church is legally entitled to the amounts due. Entitlement is taken as the earlier of the date on which either: the church is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) that a distribution will be made or when a distribution is received from the estate. Investment income is accounted for when receivable.
All other income is recognised when it is receivable. All income is accounted for gross.
Page 7 of 14
**PARK UNITED REFORMED CHURCH**
## **Notes to the Accounts for the year ended 31st December 2022 (continued)**
## 1.05. Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis.
Ministry and Mission contributions are accounted for when due to be paid.
Grants payable are payments made to third parties in the furtherance of the charitable objects of the church. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the one-year or multi-year grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining
## 1.06. Irrecoverable VAT
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
## 1.07. Costs of raising funds
The costs of raising funds include any direct costs attributable to fundraising events or fundraising activities.
## 1.08. Charitable activities
Charitable activities include the cost of the Ministry and Mission contributions, staffing the church Office, maintaining and heating the church and the halls and providing church services.
## 1.09. Tangible fixed assets and depreciation
The church and halls buildings are owned by the Wessex Trust and are therefore excluded from these accounts.
All assets costing more than £1,000 are capitalised and valued at historical cost.
Depreciation is charged on assets on a straight-line basis over their estimated useful life as follows: o Furniture, fixtures & fittings: 10 years
o Equipment: 5 Years
## 1.10. Pensions
The charity participates in a defined contribution pensions scheme. Contributions in respect of this scheme are charged to the Statement of Financial Activities for the year in which they are payable. Timing differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Page 8 of 14
**PARK UNITED REFORMED CHURCH**
## **Notes to the Accounts for the year ended 31st December 2022 (continued)**
|**A1: Donations & Legacies**
_All figures in £_
Income from Standing Orders
Donations to the Plate
Other Donations
Special Appeals
Grant from Synod
Legacies
Gift Aid Recovered
**Total Income from Donations & Legacies**
**A2: Charitable Activities**
_All figures in £_
Wedding/funeral Fees
Magazine income
Miscellaneous
**Total Income from Charitable Activities**
**A3: Other Trading Activities**
_All figures in £_
Fundraising Events and activities
Income from Renting the Hall and Church
Photocopier income
**Total Income from Other Trading Activities**
**A4: Investments**
_All figures in £_
Bank Interest
**Total Income from Investments**
**A5: Other Income**
_All figures in £_
Feed in tariff / RHI payments
Grants receivable
Insurance claim
**Total Other Income**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
35,042
-
35,042
2,817
2,817
1,444
-
1,444
-
2,394
2,394
-
-
-
-
12,729
400
13,129
**52,032**
**2,794**
**54,826**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
-
-
-
-
20
20
-
-
-
**-**
**20**
**20**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
1,616
-
1,616
59,091
-
59,091
161
-
161
**60,868**
**-**
**60,868**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
100
2
102
**100**
**2**
**102**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
14,206
-
14,206
-
100
100
11,048
-
11,048
**25,254**
**100**
**25,354**
**2022**
**2022**
**2022**
**2022**
**2022**|**2021**|
|---|---|---|
|||**Total**|
|||35,110
1,736
2,000
-
12,887
6,000
11,247|
|||**68,980**|
|||**2021**|
|||**Total**|
|||-
17|
|||**17**|
|||**2021**|
|||**Total**|
|||1,038
39,044
-|
|||**40,082**|
|||**2021**|
|||**Total**|
|||7|
|||**7**|
|||**2021**|
|||**Total**|
|||11,698
7,266
20,740|
|||**39,704**|
Page 9 of 14
## **PARK UNITED REFORMED CHURCH**
## **Notes to the Accounts for the year ended 31st December 2022 (continued)**
|**B1: Raising Funds**
_All figures in £_
Events
Other
**Total Expenditure on Raising Funds**
**B2: Charitable Activities**
_All figures in £_
M&M contributions
Staffing Costs
Minister's expenses
Training costs and travel expenses
Pulpit supply
Manse costs
Church & Hall Running Costs
Depreciation
Cleaning
Utilities
Wood pellets
Gardening costs
Repairs and maintenance
Major projects
Equipment servicing
Consumable items
Other
Church & Hall Expenditure Total
Administrative costs
Bank Charges
Software costs
Insurance
Photocopier
Other office costs
Telephone & internet
Administrative Costs Total
Subtotal carried forward|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
-
-
141
-
141
**141**
**-**
**141**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
39,375
-
39,375
11,437
210
11,647
155
-
155
624
-
624
225
225
3,133
3,133
2,939
-
2,939
11,076
-
11,076
5,853
-
5,853
9,240
-
9,240
259
259
6,489
-
6,489
-
-
827
-
827
584
-
584
85
-
85
37,352
-
37,352
-
-
-
454
-
454
4,068
-
4,068
1,988
-
1,988
1,009
-
1,009
1,810
-
1,810
-
-
-
9,329
-
9,329
101,630
210
101,840
**2022**
**2022**|**2021**|
|---|---|---|
|||**Total**|
|||-|
|||**-**|
|||**2021**|
|||**Total**|
|||38,604
11,777
28
327
130
3,153
2,657
8,957
4,460
5,867
245
4,008
0
3,230
452
367|
|||30,243
-
461
4,323
1,836
1,750
654|
|||9,024
93,286|
Page 10 of 14
## **PARK UNITED REFORMED CHURCH**
## **Notes to the Accounts for the year ended 31st December 2022 (continued)**
|**B2: Charitable Activities (cont'd)**
_All figures in £_
Subtotal brought forward
Publicity costs
Ministry costs
Worship resources
Pastoral care
Mission Projects
Music costs including organ tuning
Miscellaneous
Church Service Costs Total
Grants / Outward Giving
B3
Church Groups
Independent Examination fee
**Total Expenditure on Charitable Activities**
**B3: Outward Giving**
_All figures in £_
St Mungos
Cowshed
Water Aid
ReInspired
Royal County of Berkshire Churches Trust
DEC - Ukraine appeal - Park contribution
**Total Outward giving**
**C1: Tangible Assets**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
101,630
210
101,840
-
-
-
540
540
244
244
289
289
2,116
2,116
246
-
246
3,435
-
3,435
3,292
-
3,292
776
776
480
480
**109,613**
**210**
**109,823**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
650
650
650
650
650
650
1,200
1,200
15
15
127
127
-
-
-
-
-
-
-
**3,292**
**-**
**3,292**
**2022**
**2022**|**2021**|
|---|---|---|
|||**Total**|
|||93,286
-
565
169
-
540
352|
|||1,626
1,539
1,392
-|
|||**97,843**|
|||**2021**|
|||**Total**|
|||-
-
-
1,200
15|
|||1,215|
||||
|**Cost**
At beginning of the year
Additions
Disposals
**At the end of the year**
**Depreciation**
At beginning of the year
Disposals
Depreciation
**At the end of the year**
Net Book Value at beginning of the year
**Net Book Value at end of the year**|**Total**
**£**
**Fixtures, Fittings and**
**Equipment**
**Freehold Land and**
**Buildings**
**£**
**£**||
||71,481
-
-
-
-
71,481
-
-
-||
||**71,481**
**71,481**
**-**||
||(49,350)
(2,939)
(2,939)
-
-
-
(49,350)||
||**(52,289)**
**(52,289)**
**-**||
||22,131
-
22,131||
||**19,192**
**-**
**19,192**||
||**Freehold Land and**
**Buildings**|**Fixtures, Fittings and**
**Equipment**|**Total**|
|---|---|---|---|
||**£**|**£**|**£**|
|**Cost**||||
|At beginning of the year|-|71,481|71,481|
|Additions|-|-|-|
|Disposals|-|-|-|
|**At the end of the year**|**-**|**71,481**|**71,481**|
|**Depreciation**||||
|At beginning of the year|-|(49,350)|(49,350)|
|Disposals|-|||
|Depreciation|-|(2,939)|(2,939)|
|**At the end of the year**|**-**|**(52,289)**|**(52,289)**|
|Net Book Value at beginning of the year|-|22,131|22,131|
|**Net Book Value at end of the year**|**-**|**19,192**|**19,192**|
Page 11 of 14
**PARK UNITED REFORMED CHURCH**
**#**
## **Notes to the Accounts for the year ended 31st December 2022 (continued)**
|**D1: Debtors**
_All figures in £_
**Prepayments and Accrued Income**
Gift Aid Claim
Prepayments
**Other Debtors**
Debtors for hall hire
FIT/RHI
Other debtors
**Debtors Total**
**D2: Cash at Bank and in Hand**
_All figures in £_
Current accounts
Deposit accounts
Cash in Hand
**Cash at Bank and in Hand Total**
**E1: Creditors, Amounts falling due within one year**
_All figures in £_
**Trade Creditors**
**Taxation and Social Security**
**Other Creditors**
Special collections
Other accruals
Deferred income
**Creditors (within one year) Total**
**Special collection balances**
Leprosy
Other
Christmas collection
DEC collection
Combat Stress
SALT collection|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
6,500
400
6,900
3,334
-
3,334
5,230
-
5,230
3,135
-
3,135
-
-
**18,199**
**400**
**18,599**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
41,675
246
41,921
125,469
4,662
130,131
250
-
250
**167,394**
**4,908**
**172,302**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
-
-
-
375
-
375
-
-
246
246
1,975
-
1,975
-
-
-
**2,350**
**246**
**2,596**
**2022**
**2022**
**2022**|**2021**|
|---|---|---|
|||**Total**|
|||6,500
-
5,406|
|||**11,906**|
|||**2021**|
|||**Total**|
|||45,091
99,025
250|
|||**144,366**|
|||**2021**|
|||**Total**|
|||490
292
1,330
-|
|||**2,112**|
||||
||**Opening**
**Balance**
**Income**
**Expenditure**
**Transfers**
**Closing**
**Balance**||
||20
(20)
-
180
220
(400)
-
72
154
226
258
(258)
-
65
(65)
-
20
20||
||**292**
**697**
**(743)**
**-**
**246**||
Page 12 of 14
**PARK UNITED REFORMED CHURCH**
## **Notes to the Accounts for the year ended 31st December 2022 (continued)**
## **F2: Restricted Income Funds**
|_All figures in £_
Holiday Club
F2.1
Organ area refurbishment
F2.2
Magazine fund
F2.3
Youth work fund
F2.4
Covid-19 Assistance Fund
F2.5
**Total Restricted Income Funds**
F2.1. Fund for Holiday Clubs
F2.2. Fund to refurbish or replace the organ
F2.3. Fund for donations for magazine costs|**Opening**
**Balance**
**Income**
**Expenditure**
**Transfers**
**Closing**
**Balance**
-
100
-
(100)
-
-
2,794
-
2,794
20
210
190
-
2,266
2
2,268
1,660
-
-
(1,660)
-
**3,926**
**2,916**
**210**
**(1,570)**
**5,062**
F2.4. Fund for youth work
F2.5. Fund for assisting people adversely affected by Covid-19
This was closed during the year and the donors agreed that the balance
could be put towards other unspecified church projects.|
|---|---|
## **F3: Unrestricted Funds**
|_All figures in £_
General Fund
Designated
Fundraising funds
Mission Fund
F3.1
Building Fund
F3.2
Contingency Fund
F3.3
Youth work fund
F3.4
Total Designated Funds
**Total Unrestricted Funds**|**Opening**
**Balance**
**Income**
**Expenditure**
**Transfers**
**Closing**
**Balance**|
|---|---|
||169,615
138,254
(109,754)
(88,430)
109,685
250
250
30,000
30,000
30,000
30,000
30,000
30,000
2,500
-
-
2,500|
||**2,750**
**-**
**-**
**90,000**
**92,750**|
|||
||**172,365**
**138,254**
**(109,754)**
**1,570**
**202,435**|
F3.1 Mission fund: amount put aside by the Elders to fund mission work within the church.
F3.2 Building fund: amount put aside by the Elders to fund building work in the church.
F3.3 Contingency fund: amount put aside by the Elders in case of cashflow problems..
F3.4 Youth work fund: amount put aside by the Elders to fund youth work within the church.
## **G1: Staffing Costs and Remuneration**
|**G1: Staffing Costs and Remuneration**||
|---|---|
|_All figures in £_
Salaries and Wages
Employers NI
Pension Costs
**Total Staffing Costs**
G2.1. The average number of employees in the year was 1 (2021: 1).|**2022**
**2021**|
||11,442
11,416
55
247
150
114|
||**11,647**
**11,777**|
|||
G2.2. No employees received emoluments over £60,000 during the current or prior year.
Page 13 of 14
**PARK UNITED REFORMED CHURCH**
**Notes to the Accounts for the year ended 31st December 2022 (continued)**
## **G2: Trustee and Staff Remuneration, Related Party Transactions, and Other Transactions**
## Trustee Remuneration
None of the trustees of the charity were paid any remuneration or received any other benefits from an employment with the charity or a related entity.
## Trustee Expenses
The trustees of the charity occasionally incur costs in fulfilling their duties. In 2022 no trustees reclaimed any expenses.
Audit, Independent Examination and Other Financial Service Fees Independent examination fees for 2022 are £480 (2021: NIL).
## **G3: SOFA for the year ended 31st December 2021 for comparative purposes**
|All figures in £
Note
**Income and Endowments from:**
Donations and Legacies
A1
Charitable Activities
A2
Other Trading Activities
A3
Investments
A4
Other income
A5
**Total Income and Endowments**
**Expenditure on:**
Raising Funds
B1
Charitable Activities
B2
Other
B3
**Total Expenditure**
Net Gains/(Losses) on Investments
**Net Income/(Expenditure)**
Transfers between Funds
**Other Recognised Gains/(Losses)**
Gains/(Losses) on Revaluation of Fixed Assets
**Net Movement in Funds**
**Reconciliation of Funds:**
Total Funds brought forward
Total Funds carried forward|**2021**|
|---|---|
||**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**|
||66,859
2,121
68,980
-
17
17
40,082
-
40,082
7
-
7
39,704
39,704|
||**146,652**
**2,138**
**148,790**
-
-
97,519
324
97,843
-
-
-|
||**97,519**
**324**
**97,843**
-
-
-|
||**49,133**
**1,814**
**50,947**|
||488
(488)
-
-
-
-|
||**49,621**
**1,326**
**50,947**|
||122,744
2,600
125,344
172,365
3,926
176,291|
Page 14 of 14
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
## **Report to the trustees/** Park United Reformed Church **members of**
|**On accounts for the year**
**ended**|31stDecember 2022|**Charity no**
**(if any)**|1196199|
|---|---|---|---|
**Set out on pages** 1-2
**Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
**Basis of independent examiner’s statement**
- My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
**Independent** In connection with my examination, no material matters have come to my **examiner's statement** attention which gives me cause to believe that in, any material respect,:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- • the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached _._
**Date:** 25[th] April 2023
**Signed: Name:** Rachel Eden
1
**IER**
**December 2017**
**Relevant professional** ACMA (Chartered Institute of Management Accountants) **qualification(s) or body (if any):**
**Address:** Holy Brook Associates, Curious Lounge, 1st Floor, Pinnacle Building, Tudor Road, Reading, England, RG1 1NH
## **Section B Disclosure**
> [NONE ]
2
**IER**
**December 2017**