UNION HALL EVANGELICAL CHURCH CIO
FINANCIAL STATEMENTS
YEAR ENDED 31[ST] DECEMBER 2024
Prepared by:
David R S Welch FCA, DChA. Chartered Accountant.
3 Alvington Grove, Hazel Grove, Stockport, Cheshire SK7 5LS
Email: david@welchfca.co.uk
Phone: 0161-456-9140
UNION HALL EVANGELICAL CHURCH CIO
FINANCIAL STATEMENTS
YEAR ENDED 31[ST] DECEMBER 2024
CONTENTS
Introduction to Union Hall - Helpful Information about the Church.
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Page 1 Legal, Charitable, & Personnel Information PERIOD ENDED 31ST DECEMBER 2024
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Page 2 Statement of Financial Activities for the PERIOD ENDED 31ST DECEMBER 2024
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Page 3 Balance Sheet as at 31ST DECEMBER 2024
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Pages 4-6 Notes to the Financial Statements for PERIOD ENDED 31ST DECEMBER 2024
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Pages 7-8 Appendix 1 -** Additional Management Information to the Financial Statements for PERIOD ENDED 31ST DECEMBER 2024
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Re:Income
- Property Expenses, Administration Expenses Governance Costs
**This page does not form part of the report on page 1, hence my report is in respect of Pages 2 to 6.
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Page 9 Accountants Report on the Financial Statements for the PERIOD ENDED 31ST DECEMBER 2024
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Pages 10-11 Trustees Report on the Financial Statements for the
PERIOD ENDED 31ST DECEMBER 2024
UNION HALL EVANGELICAL CHURCH CIO FINANCIAL STATEMENTS YEAR ENDED 31[ST] DECEMBER 2024
INFORMATION ON THE CHURCH, ITS BUSINESS & PERSONEL
Date Founded: 1894
“Call unto me, and I will answer thee and show thee great and mighty things which thou knowest not”, Jeremiah 33:3.
Church Personnel
Pastor Adam Beattie Elders Shalom Srirangam, Adam Beattie {Pastor} Trustees Adam Beattie, Matt Blake Shalom Srirangam, Courtney Owens Treasurer Courtney Owens Church Secretary Matt Blake Church Email & Postal Addresses office@unionhall.co.uk Stretford Road, Hulme, Manchester, M15 6DY Legal Status The UHEC trust became a C.I.O. on 19[th] April 2022. Charity Number 1198660 Church Website Address www.unionhall.org.uk Find out more about the Church, its support of Mission, & access sermons. Reporting Accountant David R S Welch FCA, DChA. Chartered Accountant david@welchfca.co.uk Salary Administrator {since 2018} Karen Macintyre, MAAT, Licensed Practitioner 95 Nangreave Road , Stockport, Cheshire, SK2 6DQ Bankers CAF Bank
Page 1
UNION HALL EVANGELICAL CHURCH CIO STATEMENT OF FINANCIAL ACTIVITIES
| UNION HALL EVANGELICAL CHURCH CIO STATEMENT OF FINANCIAL ACTIVITIES |
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|---|---|---|---|---|
| 31st Dec. | 31st Dec. | |||
| INCOME AND EXPENDITURE ACCOUNT | 2024 | 2023 | ||
| UNRESTRICTED | RESTRICTED | TOTAL | TOTAL | |
| INCOMING RESOURCES | FUNDS | FUNDS | FUNDS | FUNDS |
| Main Objectives of Church | £ | £ | £ | £ |
| Offerings & Donations Received | 188,066 | 0 | 188,066 | 121,010 |
| Investment Income | ||||
| Income from Hire of Rooms | 2,450 | 0 | 2,450 | 1,625 |
| Interest Received & Loyalty Payments | 3,492 | 0 | 3,492 | 60 |
| Other Income | ||||
| Miscellaneous Income | 740 | 0 | 740 | 0 |
| INCOMING RESOURCES { Appendix 1} | £194,748 | £ 0 | £194,748 | £122,695 |
| LESS: RESOURCES EXPENDED | ||||
| Direct Charitable Expenditure | ||||
| Pulpit Supply and Visiting Speakers | 899 | 0 | 899 | 420 |
| Pastoral Employment Costs{App’x 2} | 56,519 | 0 | 56,519 | 42,501 |
| Utility & Property Expenses{App’x 3} | 17,518 | 0 | 17,518 | 13,610 |
| Christian Mission, | 18,885 | 0 | 18,885 | 13,307 |
| Poor Relief and Foreign Aid | 210 | 0 | 210 | 3,248 |
| Outreach Exp’s, Gifts & Sundries | 2,391 | 0 | 2,391 | 2,723 |
| DIRECT CHARITABLE EXPENDITURE | 96,422 | 0 | 96,422 | 75,809 |
| Administration Costs{Appendix 4} | 11,854 | 0 | 11,854 | 7,569 |
| Governance Costs –{Appendix 4} | 3,487 | 0 | 3,487 | 5,388 |
| Depreciation of fixed assets {Note 3} | 17,862 | 0 | 17,862 | 14,419 |
| TOTAL RESOURCES EXPENDED | 129,625 | 0 | 129,625 | 103,185 |
| NET INCOMING RESOURCES FOR YEAR | £ 65,123 | 0 | £ 65,123 | £ 19,510 |
| Inter Fund Transfers | ||||
| NET INCOMING RESOURCES FOR YEAR | £ 65,123 | 0 | £ 65,123 | £ 19,510 |
| TRUSTEE FUNDS AT 1st JAN’Y 2024 b/f | £ 282,448 | £ 0 | **£ 282,448 ** | £ 262,938 |
| TRUSTEE FUNDS AT 31ST DEC. 2024 c/f | £ 347,571 | £ 0 | **£ 347,571 ** | £ 282,448 |
| This page does not form part of the report. |
Page 2
UNION HALL EVANGELICAL CHURCH CIO BALANCE SHEET
AS AT 31ST DECEMBER 2024
| BALANCE SHEET AS AT 31ST DECEMBER 2024 |
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|---|---|---|---|---|
| FIXED ASSETS{ Note 3 } Freehold Property Furniture & Equipment Office and Electronic Equipment Worship and Library Books CURRENT ASSETS Prepayments & Sundry Debtor Gift Aid Debtor Cash at Bank, and in hand Less:CREDITORSdue within one year NET CURRENT ASSETS TOTAL NET ASSETS REPRESENTED BY: TRUSTEE FUNDS Unrestricted Funds brought forward Restricted Funds brought forward SURPLUS (DEFICIT) FOR YEAR TOTAL TRUSTEE FUNDS Unrestricted Funds Restricted Funds |
£ 169,217 12,726 4,072 0 |
31st Dec. 2024 £ 186,015 161,556 |
£ 180,222 800 6,481 0 |
31st Dec. 2023 £ 187,503 94,945 |
| 3,134 8,783 158,347 |
2,942 9,187 87,334 |
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| 170,264 8,708 |
99,463 4,518 |
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| 282,448 0 |
262,938 0 |
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| £347,571 | £ 282,448 | |||
| 282,448 65,123 |
262,938 19,510 |
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| £347,571 | £ 282,448 | |||
| £347,571 0 |
£ 282,448 0 |
|||
| £347,571 | £ 282,448 |
Financial Statements approved by Authorised Officers
……………………………………………………………….…………….. Courtney Owens {Treasurer}
……………………………………………………………….…………….. Matt Blake {Secretary & Trustee}
Date: - October 21st 2025
UNION HALL EVANGELICAL CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31[ST] DECEMBER 2024
1. ACCOUNTING POLICIES
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(a) The Financial Statements are prepared on a historical accounts basis, taking into account accruals and depreciation where relevant, in order to ensure
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Gifts to Restricted Funds are accounted for upon receipt, though Restricted Tax Refunds are included when claim is received in respect of the accounting period.
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(b) All restricted gifts are separately recorded when received, though expenditure is not separately analysed when made, outstanding amounts being noted at the year end.
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(c) Gifts in kind are only recorded and included if material, and then are included as income in the year given.
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(d) Rents and Grants are recorded as income only when received. Income Tax recoverable from Deeds of Covenant & Gift Aid donations is included at the date net donations are received, & where appropriate included as a debtor at the Balance Sheet date. Accruals and prepayments are included if material.
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(e) Reimbursements of expenditure are netted off against such and not counted as income
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(f) Centre expenses are not wholly directly charitable in nature; properties held are partly of an investment nature, since rents are received and certain administrative functions are performed there.
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(g) Assets are capitalised , irrespective of finance sources and methods, provided such are permanently intended to be used by the Trust.
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(h) Properties are not annually re-valued unless, in the opinion of the Trustees, previous valuations are misleading. No depreciation is provided on such, since this would be An Asset valuation is in process, otherwise only additions in the year have been depreciated.
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(i) Current Assets are shown at the lower of cost and net realisable value.
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(j) Current Liabilities are shown at settlement value.
2. DEPRECIATION OF FIXED ASSETS
This is provided other than on Properties, on a reducing balance method (unless otherwise shown), based on expected useful lives, at the following rates:-
| Building & Improvements | 4% on cost |
|---|---|
| Furniture & Equipment | 15% on Net Book Value |
| Worship & Library Books | 25% on Net Book Value |
| Office & Electronic Equipment | 33.3% on Net Book Value |
Page 4
UNION HALL EVANGELICAL CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31[ST] DECEMBER 2024
| 3. FIXED ASSET SCHEDULE COST Balance b/fwd at 1.1.2024 Additions in Period Disposals in Period Balance c/fwd at 31.12.2024 DEPRECIATION Balance b/fwd at 1.1.2024 Charge in Period Eliminated on Disposals in Period Balance c/fwd at 31.12.2024 NET BOOK VALUES- 31.12.2024 NET BOOK VALUES- 31.12.2023 |
OFFICE & TOTAL FREEHOLD FURNITURE MUSIC LIBRARY FIXED PROPERTIES & EQUIP’T EQUIPMENT BOOKS ASSETS |
|---|---|
| £ £ £ £ £ 275,135 10,562 22,260 139 308,096 0 15,126 1,248 0 16,374 0 0 0 0 0 |
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| 275,135 25,688 23,508 139 324,470 |
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| £ £ £ £ £ 94,913 9,762 15,779 139 120,593 11,005 3,200 3,657 0 17,862 0 0 0 0 0 |
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| 105,918 12,962 19,436 139 138,455 |
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| £ 169,217 £ 12,726 £ 4,072 £ 0 £ 186,015 |
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| £ 180,222 £ 800 £ 6,481 £ 0 £ 187,503 |
The church building and contents are adequately insured – see note 7.
4. RESTRICTED FUNDS & FUND TRANSFERS
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The General Missionary Fund seeks to distribute approx. 15% of the churches Income.
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The restricted funds at the period end were £0 (2023 £0) .
5. ANALYSIS OF NET ASSETS BY FUND
Unrestricted Restricted Total Purposes Purposes Net Assets £ £ £ Fixed Assets 186,015 0 186,015 Current Assets 170,264 0 170,264 Creditors {all under one year} ( 8,708) 0 (8,708) Trustees Fund at 31[st] DECEMBER 2024 £ 347,571 £0 £ 347,571
UNION HALL EVANGELICAL CHURCH CIO NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31[ST] DECEMBER 2024
6. TRUSTEES & CONNECTED PERSONS CONTRACTS & EXPENSES
No expenses have been reclaimed by Trustees as Trustees, nor has there been any transactions with Connected Persons.
7. INSURED VALUES OF FIXED ASSETS
The church has used Congregational Insurance to insure the church building and its contents, over many years. In Note 3, the Fixed Assets show the church building and its contents, bought and improved at the cost incurred by the church over many and in recent years. Accounts policy is to write off the assets over their useful life to the church.
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The Church building, including the recent improvement costs are written off at 4% on cost, or over 25 years. The book value of the church stands at just under £154k. However, the insured value of the church building is £3,609,824 {2023:-£ 3,609,824} . This does not mean the church building is worth this amount, as insured values reflect the cost of having to rebuild the church, if it were destroyed and any related costs. Current building costs are far greater than they were 30-40 years ago . The title deeds were held as a Custodian Asset by The Evangelical Trust Limited, as the Church has been a Trust. Now the legal status has changed to a CIO {Charitable Incorporated Organisation}, the trustees were able to confirm that on 31[st] December 2024, the year- end date, the CIO have the title deeds in the name of UNION HALL EC CIO. The trustees believe the value of the church and land to be around £1 million and its insured value is over £3.5 million – see Note 7. A professional valuation still needs to be obtained by the Trustees before incorporating accurately the land and building at valuation.
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The Contents within the church building, per note 3 are largely written off. The NBV is small, because they are being written off over 5 to 6 years. Also, items costing less than £1000 have been written off in the Income and Expenditure Account. During the year new chairs were purchased for the sanctuary, and 2 new audio visual speakers costing £16,374. These were capitalized in the year, see Note 3 Fixed Asset note, and will be written off at 15% on net book value, or 15 years approximately . The Church contents are insured for a value of £114,243 {2023:- 114,243 }. It is hoped in the future the CIO will reflect a fairer value for the Church fixtures and equipment based on a Fixed Asset Register that was taken in May 2024 in preparation for the Fixtures to be acquired by the CIO from the UHEC church trust. When properly valued, the revalued amount will be included in Fixed Assets and any surplus accounted for as a Revaluation Reserve. Future depreciation will then be charged against any revaluation surplus arising.
Page 6
UNION HALL EVANGELICAL CHURCH CIO
APPENDIX TO THE FINANCIAL STATEMENTS YEAR ENDED 31[ST] DECEMBER 2024
ANALYSIS OF MAIN INCOME & EXPENSES
{ all expenses are unrestricted ;
| ANALYSIS OF MAIN INCOME & EXPENSES {allexpenses are unrestricted; |
ANALYSIS OF MAIN INCOME & EXPENSES {allexpenses are unrestricted; |
|
|---|---|---|
| there are no expenses for restricted purposes} 1. OFFERINGS & DONATIONS 31st Dec. 31st Dec. 2024 2024 Unrestricted Restricted £ £ Covenanted Giving 72,712 0 General Offerings, Missionary & Other Gifts 27,858 0 Gift Aided Tax Recovered/Recoverable re 2024/2023 Gift Aided Donations 18,236 0 Legacies Received 70,000 0 Café International & Other Hire 2,450 0 Bank Deposit Interest Received 3,492 0 PER INCOME & EXPENDITURE ACCOUNT £194,748 £ 0 2. PASTORAL SALARIES & COSTS 31st Dec. 2024 £ Pastoral Salary 47,718 National Insurance – {net of NIC allowance} 0 Pension Provision 3,028 FIEC Membership 1,570 Conferences, Books & Training 4,203 Northwest Partnership 0 PER INCOME & EXPENDITURE ACCOUNT £56,519 3. PROPERTY EXPENSES 31st Dec. 2024 £ Water, Light and Heat 11,290 Repairs, & Assets below £1k 2,553 Insurance 3,675 PER INCOME & EXPENDITURE ACCOUNT £17,518 |
UHEC CIO UHEC CIO 12 months 12 months |
|
| 31st Dec. 31st Dec. 2024 2024 Unrestricted Restricted |
31st Dec. 31st Dec. 2024 2023 Total Total |
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| £ £ 72,712 0 27,858 0 18,236 0 70,000 0 2,450 0 3,492 0 £194,748 £ 0 31st Dec. 2024 £ 47,718 0 3,028 1,570 4,203 0 £56,519 31st Dec. 2024 £ 11,290 2,553 3,675 £17,518 |
£ £ 72,712 76,065 27,858 25,409 18,236 19,536 70,000 0 2,450 1,625 3,492 60 £194,748 £ 122,695 31st Dec. 2023 £ 36,055 0 2,866 1,476 604 1,500 £42,501 31st Dec. 2023 £ 5,492 4,687 3,431 £13,610 |
Page 7
UNION HALL EVANGELICAL CHURCH CIO APPENDIX TO THE FINANCIAL STATEMENTS YEAR ENDED 31[st] DECEMBER 2024
4. ADMIN, MANAGEMENT & GOVERNANCE
| Admin Expenses £ 11,854 {2023:-£ 7,569} Website, Licences, & Office Supplies Phone Bank Charges Fellowship Weekend in Quinta/Keswick Governance Costs £ 3,487 { 2023:- £5,388} Legal re Employment advice & C.I.O {2023} Salary Preparation Fees Charity Accounts & Independent Examination PER INCOME & EXPENDITURE ACCOUNT |
31st Dec. 2024 £ 4,300 1,037 68 6,449 1,287 515 1,685 £15,341 |
31st Dec. 2023 £ 4,503 898 248 1,920 3,318 420 1,650 £ 12,957 |
|---|---|---|
Page 8
UNION HALL EVANGELICAL CHURCH CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF UNION HALL EVANGELICAL CHURCH CIO
I report on the accounts of the UNION HALL EVANGELICAL CHURCH CIO for the Year Ended to 31st DECEMBER 2024, as shown on pages 2 – 6 attached.
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:-
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examine the accounts under section145 of the Charities Act
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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
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to state whether particular matters have come to my attention
BASIS OF INDEPENDENT EXAMINER'S REPORT
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 give 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 EXAMINER'S STATEMENT
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 130 of the Charities Act and
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to prepare accounts which accord with the accounting records and comply with the
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accounting requirements of the Charities Act
have not been met, or
- (2) to which, in my opinion, attention should be drawn, in order to enable a proper understanding of the accounts to be reached.
DAVID R S WELCH FCA, DChA. CHARTERED ACCOUNTANT
3 ALVINGTON GROVE, HAZEL GROVE, STOCKPORT, CHESHIRE, SK7 5LS
Date: October 21st 2025
Page 9
UNION HALL EVANGELICAL CHURCH CIO Registered Charity 1198660
REPORT OF THE TRUSTEES YEAR ENDED 31[ST] DECEMBER 2024
The following served as Trustees during 2024, and have continued to serve during 2025.
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Adam Beattie, Pastor and Elder
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Matt Blake, Church Secretary
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Shalom Srirangam, Elder
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Dr Courtney Owens, Treasurer
History and Legal Status
Union Hall Evangelical church was started in 1894 with a mission to reach the inner-city area of Hulme in Manchester with the good news of Jesus Christ. The church became well established and from early days served not only Hulme but further afield sending missionaries to various parts of the world. Over the last 130 years a lot has changed in Hulme, but the church still stands with the same purpose to make Jesus known in Hulme, Manchester and beyond. In line with the latest charity legislation, Union Hall became a registered charity (CIO) in April 2022.
Activities and performance for year
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Over the past year Union Hall has sought to advance the Christian faith primarily through our regular meetings and activities.
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For the first time in Union Halls history we appointed an Assistant Pastor, James Matthews, who joined us on 1[st] September.
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Regular services and meetings - Our Sunday morning services are regularly attended by more than 100 people each week, plus others via zoom. Our congregation is made up of many ages, ethnicities and nationalities. Our numbers have been growing on a Sunday morning, with new families and students joining us over the past year.
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We currently have a keen core group of students and Sunday school has around 40 children registered who are regularly taught about the Christian faith. We’ve also been encouraged by some baptisms over the past year. Our Sunday evening service is smaller in number, but a faithful group regularly attend and enjoy fellowship and teaching together. We have a weekly midweek meetings on a Wednesday evening that alternate between Bible Study and Prayer Meetings. This is attended both in person at our building and via Zoom.
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The key times of Christmas and Easter were encouraging with services well attended as visitors joined with us to celebrate and to learn about Jesus Christ. Both Easter Sunday and Christmas services were joint with Grace Church, held at Union Hall, which was a blessing to celebrate both the incarnation and resurrection of our Lord with them.
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Outreach In term time we run “Coffee and Chat” where we seek to engage with people in our community with a book stall and free tea and coffee outside the church building. We have had many great conversations through this, given out many drinks, Bibles and leaflets, and seen people coming along to church we wouldn’t otherwise have met.
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We also host an international Cafe at our building, which is run by Friends international. This regular meeting seeks to help internationals with language and cultural challenges as well as engaging them with the Christian faith.
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We seek to engage local schools with the gospel through regular assemblies at nearby primary schools and special events that school children are invited to.
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Our building has also been used by local students to run a week long mission sharing the Christian faith across the campus’ of Manchester. We have also hosted occasional events like walks, quiz nights, music evenings, with the intention of inviting people along to get to know them, to share our lives and the Christian faith.
World Mission
- We have committed to a target of 15% of our budget going to mission further afield. Through our mission partners we support the training of Bible teachers in Brazil, the Christian education and support of abandoned girls in Zimbabwe, gospel outreach in West Africa, and ministry to internationals within the UK.
Finances and Risk Assessment:
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Despite high inflation and a cost-of-living crisis, Union Hall has been wonderfully provided for over the past year as reflected in our attached financial report.
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Child Protection procedures have been reviewed and updated.
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Church insurance policy has been reviewed and updated.
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The gas appliances have been serviced and checked.
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Fire protection appliances have been serviced and checked.
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Financial reserves are held in a no-notice savings account.
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Our building is still in need of further upgrades and maintenance, and we are in the process of assessing these needs.
Signed on behalf of the Trustees on October 21st 2025, by
……………………………………………………………………………….