C'lwrits rryi$rr#rion nurnbtr. 1200046 I.1111.AIIIEL iINITEO REFORIIED CHLIRCH SOL,THBoLRE AYNI'.41. RFPORT Af4D I IliA)CJAL ¥tA TE.IIENTS )"EAR ETr4DED JI DECEIIIBER 202J
14J.11..lTriLIF.I. [INITED RFFOR%IF.D CHI'RCH.SOIITHBOI'RYE ,INNI'41. REPORT AND FIN.4NCI.4L ST.4TEIIEliTS I"E.IIi ENDED JI DEC"E.IIBFR ?O?J Pi8t ChaTilTrs rtferertet adminismi%e delails TrusLe¢>' annual rtwi IndeNIent euaminerfs Icwrt SLMen1 orrinanLiiI 15111& Balthntt th¢rf Noi¢s w th¢ fiTranriul >N*m¢n 61 l?
1%1%1.4NiIF.i. IINITED REFORII IED CIII',RCII SO('THBOI":RhE pagt CH.4RITI REFEREI%CE.4ND 4DIIINIST114TII'E DET.4ILS I'EAR F.>4f)F.D JI DEC"E.IIRER ?O?J CH.4RITI' REGISTIi4TJON II'IIBER 120(X)56 TRI,"STEES R Bradl B Crniiford 11 Ih)¥¥nion N Ilbr¢s A Illrq L Ilir SN¢ii k Pil RilL?- PRINCIP..11. ADDRESS IZO SwiliixMWs Rthwj Sourhboume rsoUn*mL1h Bllfv 3QJ INDF.PENDF.Tr4T F.I..IJII%FR Mark A Robinwn FIC'A A Breit PiiiMtKxI Chan¢r¥d ccnif1 Suiic 8 Ilourne C•8lC ?5 Bourn¢ v10 Ilood P(K)l¢ B1112 IDY
TRUSTEES, ANNUAL REPORT For the period Irom.. 01.01.2023 to.. 31.12.2023 Charity naine.. IMMANUEL UNITED REFORMED CHURCH SoHBOuRNE Charrty rtglstration number.. 1200056 OBJECTIVE5 AND ACTIVITIES Summary of the purposes olthe charity 35 sel out ils governing document The object of the Charity is the advaneènnt of th8 Christsan failh ltsr the benefrt of public in aci>ydance wth the Scheme of Unhtin of the United Relorrn Church. Summary ofthe main activities In ¥el8lK)n lo those purposes for the public benefit. in particular, the activities. projec15 or seNiTrs identrfied in the accounts. Tha main activitEs undertaken by lrnmanuel Swthboume in 2023 are listeil below. In adVaing these activit$, thè trusie&s o)nfvm Ihal they have complied wth thg rewIrerynIs ol seGtK)n 17 of the Charitses Act 2011 and have had du¢ regard lo the publt¢ benefit gidance publishe(I by the Charity Cornmi8son for England and Wales Worthlp S•Nk•s The Church h2hl one main service at 10.15am èv8ry Sunday which was al30 live sirèamèd via YouTube rgaing Ihose vtho wuld not attend in pèrsor). Holy Comrnunk)n was Ceated on It 1 # Sunday ofeath Month and mi¢thveek every Thuisday momirvJ al 11arn. We held evening serViS on the 4th Sunday ol oath month al 6.30pm (excluding December August) and monihly Sunday moming services were also heky at one of the bcal care homo$ we $UPPDrt Th¢ quarterly meebngs ol'churches Together in Soulhbourne, were held 81 Immanuel and events sud) a5 the Gi)od Friday Walk of Witness were well 5UPPOrted by rnemters of our congregabon. On Easter Sund¥y a 6.15•m sunrise seryicfj was h8kJ overtooking lh Lath. AIChiislm35 an autism-fviendly chilsting servi. Carol$ by Candknlighl. a memonal SsyvKe In ce¢)lunetion with a k)cal uertaker and Rolary's'Tfa8 of Light, c•knbrath)n hèld. In February 2023 we iointhl IhÈ Wortd Day Of Prayer wilh Olher thurches in Soulhboume. Disclpleghlp In the Chrlsllan Falth Thiee 8iblè Study gr(YJp5 fflet throu9hovt the year and an Alpha c(xJis•, and follow-on disc#pleship cour8e. wwe lun in the first hall 012023. Weekly prayer meelTNJS wÈre held in the church In between Ascensh)n and Peniew$l, Imrnanuel i0ed wlh a natsonat prayer iniliafyve call¢d 'Thy Kingdom Come. by organising 3 wayer events in ¢onjunclion with other10¢81 ¢hurthes Support and Activities for the Elderly One of our ernployees had oversight of many vfftkty 8¢DWtS lor the elderty, esFecially those liVg wrth demenb'a. and Ih•ir carers These in¢lude(J' Memory Lane, Songs for ttTe Mind. WednegJay Lunch Club. Frndship Club. arKJ Fnday Film Club. love[Ten1 for the Mind. a seated exereisÈ ck5S. finished ITr SepteFDber 2023 Our Carers Supporr Group and After Care Support Group (for who have been be8ved) met monthty tt)roughtyJt thÈ year. Ind¢vlua1 $10raI svpport and end of life prajei was also offered in several local care home5. Pa8elof7
Jubilatte Café At the end of 2022 the Church h5d a new full-titne c3fé manager. Togelhar with the assistant manager ar team of vOlunr siaff from both Ihe thurch 2nd thè k)cal community. Jubila¢te became a p)pular venue ar¥J a great success thffjughout 2023. Dvring th8 day the café was a thriving wmmunity hub wilh svJnificanl foDtfall. In Ihe aftemoons and even4)gs, it seThed as a venue lor Youth Café. tt Alpha course. Church wting5 and partEs. Wellbeing for All Wellbeing 120- a weekty support group for those wilh mental health Issues Men's Shed- a week Tuesday Stroll- short local walk. followed by 8 free hol drink Ladies. and Men's 8reaklasts- with an Inspiratsonal talk Friday Night LNe~ a very and successfvl ovening ol INe music hekl quèrtefty In the calé Chlldren & Yolrng People Alongsidè th& Ttr9ular proVisn fo¥ Junh?r Church on Sundays. we held the Y?Lrth Café afler xhool on Tue5day$ and 2 Youlh Clubs on Wednesday evenings during lemi linE Durng the wk prorfed a 2x thEekly Mums Toddkrs group for 20+ undor school age thihjren. Church also has a Soft Play area whith is very popular all waak. We ran Sparth Tiff. a rnonlbty support group loi Ihose with autistic children. Support for Mlsslon• & ¢harltl•s Through prayw and financial gNing we supported Christons at hom• and aiound the wodd. Each monu) £300 wa5 given trgm Churth funds to support olhw worthy eausas including 8ible Socsety. An African Dream, Prama Carg. k4oonands Biblè Collw. YWAM Kyiv. Compassion UK. The Leprosy Mission. Medair. Link to Hope. FailhvKKks Wessex. Teathjnd, Ttt• Walgrfily ProJect and The southbou1e Men's Hub. Th• lirsl anniversary of the inVaSn ol Ukrain• wa$ meMbered wlth 8 spèciol prayèr meètwig and donab¢J)s were given for tharities Won9 In the counlry. Foodbank Irnmanuel continued to house and thè Soulhboum• Foodbank from thè ¢hur¢h Fyamisas. Other Events Throughoul Ihe year the chvreh was used lo pul a wYe variety of concerts. InlomalKn evenings. cekbralions aThJ other events. inclUd1g.. A talk on Slars & Aslronomy from a bollcal persp8ctivè Polling statn for local ekctions A Safeguayding Trainn9 sessb)n for 35 people Silver SuTrJay Cfearn Tea A free 5-%%tek coftwulèl awareness coul A lalk given on'men's Fall17. 8owel & Prostat& C8nRr' Live screening gf the King's Coronation follow by a Church Lunch for over 80 people Surnmer Fun Day and December Craft FayTe sUpr & Skrtllès Night for Churches Togèther Southbourne The Christrrras 2-daY'FOll the Stsrf event wrth over 600 attendèes Fvnem Paee2of7
Additlonal Inf0rn7ation Policy on grant rnaking Immanuel does not have any fom)al pdicy on grani making. There sre funds avail-ble for small donatrons to be rnade to iTrYividuals on an ad-boc basis according to spectfic ed. The reoves15 are agreed upon by the Finan Tearn andlor the EhleF$ Conifibulion made by volunteers Thg contribution made by Volunteer5 19 the life of the church at Imrnanvel Southboume is fftcalculable. The Church has a huge impact on thè bcal Community and is wel known and loved in Soulnboume. The many group5 and club5 Ihat a run by the Church could nol est withDUt a whok army ol volunteers who ensure that these acb'vsts run regularly and srnoothly. Volunteers assist the Elders aThJ Ihe Staff In all aspècts of the Church, actNilies. ACHIEVEMENTS AND PERFORMANCE Summary of Ihe main a¢hevemenl$ of the Gharily, identifying the difference the charity'6 work ha3 made lo the circumstancès of its bènéficiariés and any wlder tserffts to socty Immanu¥l Southt¢urn& ¢onb"nued lo ftjifil its If15ion slaternenl of Worshipping God. Strengthenin9 ow Fath, Sharing the Good Ns, Making DssdpS, SèThing the Communrty and Impactww th8 Workj. Immanu•l Church oll•i•d liv¥ly chLwth Tery15 8WKI the church membership grew to over 1Cx) members dulg 2023. V+sltors came regulaity, especially in the sun1 months. 8rhY wero wamily wekomed lo worship wilh us. Intgrdenominatsonal •venls encouragad wilh Chur¢h?5 To9ether Southbourne and outrgath took place. bringing Ihe church out of the building into the slreels of Soulhbourne. New beli6veTS were added lo our wmter and the home groups en¢¢uragad peop to go deeper in their faith. All the groups. clubs arKJ evenis organi5ed by Immanuel were well supported and much appreckaled by attèndaes. Familiès tonlinuéd to Comè inio our building regulaty. not only for the everts we put on bul also hiring tyJr facilit$ for birthday pJrts, ¢Janeè classès and the sott play. Young pecplts re helped and eDcourapJ and the Ministry to Older Peotye ctind to grow in popularity. Pétsp wilh additional needs were supported and charnpioned The Jubilalle Café served as a popular community hub where many peop Irom outside th6 ehurch fouTrJ a frfidlY kn*lcomè, a Iislening ear and a deliciw5 5nackl ment)n must be made here of the Thanksgiving Service. held on 2F4 August 2023. the ljfe of the late Revd. Peter South¢ornbe Over 400 people attènded In pèrson. de5Plte mclement weaiher. 8n¢ it was also live stream&d lo farnily and friends argund UK aThJ abroad Peter was well.known and much loved in Southboume. His visK)n for contributing to Ihe local communty and making a differen wa5 unriv31j He has left a huge legacy which Imrnanuèl intends to coniinue. Poge3of7
FINANCIAL REVIEW Revew ol Ihe charity financial po%tion at the end of tre pertod Immanuel southbou[r Crth improved ils finanoal situalion in 2023 by afeftjl tAJdgeling aniy reduong costs where possib Income from leth.ngs an<J donatsons grew which enabled u5 to managE wgnificanl InL¥èasè in Ihe cost of utslities repairs & renewals. Stslement explaing the policy lor holding reserves slating why they a held It was agreed that in order lo wov¥Je for pJlentk81 Lnforeseen expenditu and in particular the zeable payroll ccxnfflitnÈ. a raserve lund of£63,000 was kept as a suitable 3.rrnnth serve. Amount ol reserves held £63.000 Reasons for holding zero reserves Details ol fund materially in deficit nla There are no lunds li tsficit. Explanation of any uncertainties about the charity conlin(Jing a5 a oln concem nla Addltlonal Flnartcral Infctnnation The charity's prinupal sour$ ol funds lineludSng any lunilraislngl The Ma sourc6 ol our income corres Irom users of the building. this r¢presenlin9 53% of 2023 ncome. There is also a ¢onsNlerable amounl of income genwated from règular glving frorn members and ¥isitors lo the Church, vthieh p1sentS 47% of all incorne In 2023 lft Apiil 2023 è ¥PVLial Glft Day tai58d lust over £15.OCKI for Church funds. Fundiaising. 9rarF15 and rnaior donaion8 duriThJ 2023 ware 8$ folloW$'. Donatlon In June 2023 a $Th#ent ol a Cao we offer pastoral support to. donaled £25.000 specifically for the okjer people's mwtistry. Dor$•t Community Fund In July 2023 Ilie diartly reiVed £4,?48 to pay Ihe salary of a Voluntser Coordinator for 6 mLMths and in November contract was extended by 2'A months Ihanks to a fijrther graTrl of £1.485. An additional Surn of rnoney received fvom the Dorset Community Fund wa5 distributed . £300 fcf the Men's sh and £200 for SrArkkn Tr. Valentlne Tr1 In November 2023 V• r•eeiv8J £5.(M)O thich was allocated as bll¢M." £2.000 to Wellb•ng 120 and £3.000 lo Cycling Wilhoul Age, a ministry of Hope In If Community (the £3.000 fea¢ur¢s in th9 2024 accounts) Church Fundraisers A Summer Fun Day was hekj in June. raLslng £3.OCK) for Church ndS whilst the Cfaft Fayre in Decernter raised £540. The saè ol donated artwoiks 'Artobèr'l raised £190 and the Frklay Ni9hl Live events raised £869.04 The 2-day Christm8s event raised E1.700. Inv8slment p)Ilcy and objecllves No A dÈscriplion of the principal risks lacifjg the ¢haril The cosi-ol-Iivin9 Crisi5 means that people poienbally will give tess money 10 the churth. There 15 a150 the 5lIty of a reduction in churoh attendance Poge4of7
and the factor of when a legacy or largo donatk)n might be made lo lrnmanuel The high cosl of Immanuef Southboume's payroll is a r¢sk, should the be downtum in church revenue. (Xhar In 2019 bans were iaken ¢)ut from both the URC Synod indrikual church members. in order lo out extensN)ns lo the Immanuel Chuid) building. thus enabling further chantsble a¢tivits and supporting our local community outreach progratvmes. RegLlar repayments rneant the loans wrre reduced by approx¢malely 50Yfj by the end 012023. STRUCTURE. GOVERNANCE AND MANAGEMENT Type ol goveming doeument How is th8 charity on$iiluled? The Charity Is ¢ontrolbd by its govemuw document. dated 15th August 2022. Trust Deo(I iJisti11811 from th8 Unit8d Rèformèd Churth A¢ts11972 and 19811 and Scheme of Union119721 adopted 21 June 1972 Trustee selection melho¢Js Thé inilid charty trustefys were existing Elders ai Ihe lime of the foundation ol the chafity In the URC Elders are eknled by the church memb•rs al a Church Meeting and at Immanuel URC au e¢ted Elder5 are con5equenNy appointed a5 Tlustees. In seletling individuals for apptiintm8nt as Eld¢rs and Tru6t895, ijue regard Is paKI to the S11$. knOwdge and expwknce needed for Ihe eff&etNe adminislrath)n of th@ Charity Additional Informatlon Policiès and procedures adoptsd for the induction and training of trustees Trustees undergo safewarding training and othar mand810ry Ir8ining appropiiaiè to Ihèii role as w911 a5 any hJrther training which Ihe denornination shall detemine from bme 10 lime. All Tru51ees and rn•mbers of staff are reqvirad to be ¢onversanl with the Chwch's pobcies and procedures. in particular those pertaining to Safeguarding. H$allh & Safety. Fira Safely. GDPR. ond Online Safety. Rlsk assessments are reqLNre(l from all users of the building. Th? charity s organisalional siructure and any wider neNvork with which the charity works Imrnanuèl United Relofmed Church Soulhboume comés under the Wessex Synod and is governed by Scheme of UnK)r+ of ihe URC and thD5e consiituts.onai decisK)ns of thè URC General Assembty whith are binding at l¢)cal thurch Durin9 2023 ImmanLI Southbouine had no Ministèr so oversght of the Church was provKJed by the lo Ekler5. who rrel mwlhly and were answtrrae lo the quarterly Church Meetings. The ijay lo day runnfflg of the church was assured by the Se¢trry. the Treasurer. and each El who had jurisdiction over a ¢Jiffefenl a3 of wwn&bility. 1 emyoyees of Immanuel Sgulhbtsumè had 8 Lme Managv to whom they answerable. Relationship with any rele1 parties lrnmanuel SouthbOur is a ffjernber of tpte EYallgelal Allisnce aTr Churches Together In SoulhboLsmè We work closety wilh Hope In the Community and Failhworks Wessex. n)e Cibzen's Advite Bureau offers ils sery1$ weekly frorn the thwch emISes. Pa8eSof7
NOTE When preparing the 2024 submission Issues were found In 2023 Annual relvm which was submitted on 19 Oclobei 2023 11 wa5 agoeil by all Trustees the 2023 5ubm1S510n shoukj be ¢orrÈcted 2nd r&submitted wilh the urKJerstanding the CeNed date will te reo)rded as late on Ihe Charity Commission website. AND ADMINISTRATIVE DETAILS Charity name Other name the charity uses Regislefed charity numtef Charily's principal address Immanwl Uruted Reforme(I Church Southbourne Immanuel SOUthume 1200056 120 Soulhbwme Roal. Bovrnernouth BH6 3QJ Names of thg Gharhy tru¥tee5 who rnanag• th• chartty Name of pernon lor body) entitled to appolnt Iruste¢ Iir an Tiustee nam? Ofllc• Dates acled if nol for whoje year Mr Neil Bowèr Mrs Roz81ind Bra¢Jbury Mrs Elizabeth Cott¢ll Mr Blalr Crawford Elder Ekler Church Meeting Church Meeting Church Meeting Church Meetr'ng Ekyer Chaii ol Trustees Until 17" November Mrg Heathèr Oownton Mr Nig&1 Har•s Mr Andrew Hirsl Mrs Lena Hirsl Mrs Sally Nevrtt Mr Ken Pilts EbJ8r Church Me81ing Chureh M•eling Church Meeting Church Meetsng Church Meeting Chur¢h mèets.ng Church Eecrelory Ekjer Church Tieasurer El(Jer 10 Ekler Narne and address of advl>er ol advlser Name Independent Examiner Mark Roljnson ACCA Addr•ss Brett PitNvo¢yJ Chart•re(J Certifed Accwntsnl$ Suite 8 Bourne Gats 25 Bourne Valky Road p0e BH12 1DY P38e6of7
DECLARATIONS The frustees declare that they have approved the Trustees. Report above. Slgned on behalf of the Charlty's Trustees. Signaturo Full name Elyzabelh COThELL Neil Bower Posltlon Chwch Secreiary Elder Date 0110412026 0110412026 Page7of7
I.N[}1.4yIIEL LIIITED RETr"OR.)IED CHlbRCH SOI'THBOIIRIE page 3 I%DEPENDEP4T EX41111F.R'.S RF.PORT TO TTIE TRIISTEES OF I.)I.11.4NLIEL LTNITLD REFOR.IIED CHIIRCH SOI'THBOI'RNF LoftfIrm l am qualified 10 urtJ'¢ the e¥amingtion Lvause l Hm a I)r of th¢ .&wci81ion Lif Lhanercd CertifiL'd ,licountynis. iihiih is one ofihc liJ1id knlics. I rcport io ihe chariiN' trustccs on m! cuminaiion of ihe aciuunts ol ITnmanucl Llniicd RelortnLTrd Church 5ouihiM)urnc for rht lear ¢tKkd 31 tkcemkr ?0?3 Mhich arr 5cI out PaBC5 4 10 1 Respective re5p0115ibilities oftrvsttts hd exathitt As the Lhrit,5 Irustces iou arc resws1bIC IOT ihc prcpllJllion of the accounts in accordance Hith ihc requircmcnis of the ChariLiCS Act 2011 1.the Aei-i. Th¢ LhdriN's tru¢¢8 ¢oniTder an iudii is Nil re4uite loilhis i"ew. I rLPOn in rL'SPLI of m%. examinthiion ol. th¢ TN4'> w¢oun15 ctsrried out uThJ¢r %¢L1iiin 145 Ikl'iht 2UI l Ail uThJ in Lurning out m> ¥Kuminln, I Ivllo%%¢(l ?11 Th¢ appli41¢ Dir¢Liiun> Lhdrii! C¢)mtni5siTrn und¢r 5wiion 14515iibl ulthe A¢1. lthdtptndent eiimitttr's sir¢iemtTrt I hJ¥¢ iOtnpl¢t¢d tn! cxJminaliiin. l ¢fftfirni thal no maiuial m1<15 haie come m). aiitniion in iortntLLion with the examinution which ¥i&ts rrrt cause li) beli¢v¢ Ihai in. an%. n¢ri Ihe llccourtling records %ser¢ Th)1 I1¢ in &YODJan¢¢ ii'ith geaion 130 of the Lhariiies rlci: OT th¢ ai£oun15 noi aciord IllEh Ihc aLYiwniing rLf(Kd&' or the ULLi>iinib did twl compl% lIh ihi appliiabli fLY4ujf¥'ments concerning t. forn) and conieni of aLrounts sei Qui in Ihe I'hJfillL% IKl£iounis WMI Rrp)nsl R¢¥ukniions 21M oth¢r Ihan T¢q¥ir¢m¢ni Ihai lh¢ KOUn¢$ 81%¢ 4 'IN¢ un rair. vi¢%5 which 15 nol a rn1¢r con5idercd 45 parf oran in¢kr¢n&tti examinaiion. I hui¢ no LunLerns halt Lome aLfDs5 no urhtt mJirs in LL¥ifttiiim with rhe examin1 10 kn1¢h attention should be droivn ID Ihi% r¢p?rt in ardcr lo ¢nabl¢ a pN)per und¢rs1andin8 ofiht &Lciunts rtr be rcach¢d. lark A IliibinsDn F'C.CA A"n' Lhurt¢r¢d C¢rtili¢J Ai¥ountttnt Lhort¢rknJ L'trtified ALxounthnL% 25 Buumt ,11¢1. Road PLN)It 7 April 206
1111.11.4INI EL lIlTED RETr'ORNIII) CHL'.RCII SOL,THBOI'RLNE pale 4 STATEIIENT OF FIN.4YCI.4L.4crii'iTIF.S I"E.4R E.NDED 31 DECENI IBER 20?3 Ie I nrestritted Fund5 General DeSIgted Tot*1 2023 1.118122 to J1112122 lTr¢ome= Dvnaiions le¥Acies Trading dLIISILie lJ)li're5t 115.1 163.613 880 9,570 ?04.676 163.fA3 3).982 56.057 173 I'otal income ?79,L?9 89.570 369.199 92,212 F.xpertdlturt: Supwrt LUS15 l'harlble aLii%iiies IJL'%ignuied fuThJs 2.055 251.817 253.81 ? 73.780 102.146 6.940 14 73.780 Total exptmdiiure •55,1167 73.7¥0 3?9.1 110.226 el mov¢mtrJl ITh 23.762 15.79YI 3Y.552 l.'unQs bwu8hi 1on4ard l January. 2023 59.563 59.975 119,338 l.'unds bmu8hL 15 Augu# 21122 137.55? l.L¢ndi ¢arriLLi loniarJ 31 IkLYtnE¢r 2023 83,3?5 159. All income txpendilurr drrlvt froth ¢othiin¥iTr$ operAIiDn
I171.LIE1. I'NITED REFORNIED CHI"RCH SOIITHbOI'RNE B_4L.4NC£ SHEET ,K5..IT31 DECENIBLR 2023 2015 2012 Cwrrethi assets Siock Tlcbtors Cash bank and in hand 10 8,1(rf) 2W,747 5.710 178.$26 1114.236 Creditors.. Amtsunis fallin¥ due iiithin one 12 {l&(N)7 Toi•l gss¢ts l¢ss curreul lixblltlts 2(XI.504 171,697 Crtditors: AnnIS f•llin8 due after more than one i'eor 152.1391 Tr•¢t ASSet5 f159,(Nl Ch4rity (und%'. 59.563 59,975 IltsiriLied lujxls 75.7fy5 T11 churlty fundi £189. £119.538 'Ih¢K finMn¢ial SthWWKllLS ivere ¥pro)ed b). Lhe Ttrusites on l April 20?6 and sid on its half b).: Bo*tr. Tr$¢¢¢ E C'oiitll. Trtystee l April 2026 l April ?0?6 The nott5 pait 6 to 12 lorm parr ofthe financial JtatemeThl
IlIb1_5[.EL I ryITED REFOR.IIED CIII'"RCH SOL.THBOIIRIE
page 6
OTES TO TIIE FIN.4NCI.4L ST.4TF.IIENTS
I'EAR ENDED 31 DECENI IBER 207J
,ICCOIINTJNG POLICIES
C.hAriiAble objEcts
The naiurL uf Ihi char¢ts'$ otKY41ions anJ priniipal actiiiii under FR% IV?
&nd liubililies arL' iniiiallN' rt¢ogni¥d hIOr1¢1 or tTHni¥tion Unl¥5 0ih¥Ni% in IbL relL'Trsoni
couniing poliri noi¢$ ThL finJnLial iraithnL'nlS arL' pre1 in steTlin¥ iihiih is thL funLiii>nal LurrLmC> of Ihc
'The si8nificoni ac¢ouniinB poli¢i¢s applied in rht ryepirniion ofthese fin111 stttwmthis are SLI our belovtr. Tht
li¢i¢s hol¥ bc¢D ¢onsi)aentl%" applid 10 ill vews kyexnkd unlessothmi'ise swed.
E¥emptkon frvm prtPArltyg # tfv now stsi¢m¢ni
"I"he thariii OPTLYI Iv L'¢1). adopi Bullthin I published on 2 1.¢bnw> 2016 and th¢r¢fO includd floiy
sIJIL'meni in f¢narKial siBim¢ois.
Funds
I.#51r&(led funds ar¢ akDilabl¢ (QT us¢ ai th¢ disrmion ofrh¢ Lrustrts in further31 of ttL¢ 8¢thyal obj¢Llii¢s of Ihe
Iharii!. iihi¢h hai¢ n¢)L dL1nt¢ for tstr Pre5.
r)L¥i8nat¢d lunds UTe Unrcsirict fund5 SLY lde fvryiif purrA)ses tsi ihe discrthion of1 Injsitts. ltht Lim and usc
of¢a¥h d¢s18¢1 fund 15 set oul in the ne5 10 the fir1$] llennl
Restriiicd lunds fun& i%hi¢h are 10 be used in cOrdIn¢¢ with ¥¢¢ifi¢ T¢5ui¥1i0Th4 imwsl b> Jonors ur h)ch
hdi¢ bein rJiyed b! th¢ chariii for pffii¢ular Pu5¢5.
rettrgthitlo
Illl illioininbTr feiibufie% ste inLluded in the Siaienni of FiMrKial Acii&iiie5 wh¢n th¢ ¢harii! is.l¢ylli tniiil¥d 10 lh¢
i#LomL ali¢1 wfoman¢e ¢on¢Jiiions hase t¢¢n th¢ amouni r4n b¢ m¢&sur¢d r¢li¥bltr it 1$ probable thai the
inLoYnL .111 b¢ rtigiied.
or io k reCOniSed lh¢ ¢hwiN %%ill ha%e tr¢n nOlifi¢d ofihc amunis and Ihe 5ailcmcni date in i%niinB. Ir
Ihere ore Londili(Trns aits¢htyJ 10 Ihe dimJtion and thi5 requir<5 a leiel olpcrlortZLince befure enEltlcnienl Cdll bc obLiincd
Ihen illLvm¢ is def¥rrtd uniil IboK ioTrditiuns ar¢ f¥ll) md or th¢ fuifilThKni ofih05e conditions is 1th1 the coTrirol or
Ihe LhIrl1V anJ li is probable th iiill IK luifilled.
For liYaCIL.5. ¢ntiilem¢nr is the earliLY of the chariii" beittg M)iified oran imrnding disthbuiion or the legacy being
receiied. Ai Ehi5 wiinl income is fvy0gn1x. (M Icgaiics Hill noiified 10 Ihi chanii hO¢¢T 11 IS TIOI
P055iblL' 10 mL'&siire Ihc amouni b¢ di5EribuwL On these (aS7On the kgaD." i5 treaied Js a Ll)lliin8eni
sei and disi1(.
Tncom¢ from trddino ariisiii¢s iniludes inc( eamed from furMlrai5int e&en15 irnding 8LII¥Tiies 10 iSe funds lor
the chJrit). Incomc i5 rccciicd in L'.x¢hange fLW sNppI%Tng 8thJs and xri¢es in onlir 10 rJis¢ futyjs aThJ i) rcwgnised
"hen eniitlcmcnt ha5 OCCUTred.
IkllF41.4IL,EL IINITED REFOR.IIED CHIIRCH SOI"THBOL.'R%4E
pale 7
NOTFS TO THE FIN.4..%CJ.41. ST.4TEIIENTS
I"E.4R EYDED JI DECLIIBER 202J
ExpeditUrt it¢o%nliityn
klll eipendiiure 1% on aicrnttls basis alld clas5ifi¢d wider h¢adin¥ ih• aegregyate all co515
relai¢d 14) I. LMIL'8LYN. E.xp¢nJiiure is ihert is a legdl oreons7nJLiiie d>ligaiivn io mdkL pHimeni> io
Ihiid parties. ir i) pri)bablL Lhdl lh¢ Y¢u1¢nni %%ill k T¢quir1 and th¢ dnK)uni of lh¢ i>bli¥aiii?n 18n niilL%ured
ltrteoerabl¢ I'AT is chty a> tlK Corwhich exp¢ndiiur aros¢.
Support ¢O5ts
Suppnn Jre Ihoie Lkn rhe knork. of Lhrii> bul d(1 not direLiI!" reres¢nT ehoriioble aLii¥'illts. They are
inLurrcJ direthlj in support oreXnd1IUTt on th¢ objeths ofthe clwii%'. lTh¢ analvsis ofi]Ks¢ WSL% is incluthd in Th)
L••nJ And
l.oan% aiilt bOrroan85 ar¢ iniiiajli. r¢wiscd ihc rrdnsaciion inLlding iran5aL1kOll Costs. Sub5C4Lnily. Ihty
ar¢ tneusur¢d ai amLKti5¢d Losr Uiinb, thc ¢ft¢Llji¢ initr¢ ra l¢ss impainneni. If on arrdngemLYJI Lonsiitul¢> a
finllnLe IranNaL4ion it is measu ai ryeseni ialu¢.
ConetsslonrLrY loins
ConLL'bsionary loans inLlud¢ Ihoge pg!.4blc ir thiTrl pmi¢5 7Athi¢h ar¢ ini¢r¢M fr¢¢ or mark¢i in[¢r¢ Tw¢% und arL'
made 10 adYan¢¢ ¢haTithbl¢ purw.
GoiD% roncern
'I'h¢ linunii#l %lUl¥m¢nb ho1.¥ 'L'n prLTAtLbd on a concern blsis LS Ihe Iwsttes lie4¢ M mJieritsl unLrtaintic%
L'X1. Im¢ irusi¢¢s has¢ ¥un)id¢r¥ Lli¢ leiLI r (uTrJs IK'ld dnJ LhL LAPLXLL ILILI trl. IllLW1 Lxpindiiiiri fur 12
month5 Irom auihorjsins rhL'Se finantial srjiLXnI The bud8eid and is sufficicni 1¢h Ihc liirl
ofr¢L'rwes for IhL' Lhariii li) be ablt 10 ¢oni¢nw as a going4on¥¢rn
"I'hL Lharili i¥ LonsiderLxI io PL%S Ihe I¢sts L¥Jl in PgJa8rdph I Sch¢thk 6 orth¢ Finantt ilci 2VIO arhl Ih
Jhlll.4,NUEL IINITED REF'ORILIED CHIIRCH SOI:"TIIBOI",RNE p8t 8 OTE.S TO TFIF FI).4%CI.4L sT.TEIENTs I'E.4K LDED 31 DLCLIIBER 2023 IWCOhlF. FRO41 DOiN.4TIOYS.4YD LEf..4CIES Jntomt from doTratioos IlTrresirirted Funds GtTreral l)e5ienated Totsl 2023 1518122 DonaiTons indi%'1dS Cpift,lid DLqignAtLTrd dOnlonS 98.?18 16.8x8 98.?111 ?4,990 89.570 IU.99 Toiul £115.1( £89.570 £?(Jl.676 t35,gX? INCOIllF. FRQ.11 T114DlING AlI.1T1ES l.'nrestriettd Funds G¢n¢rl Desv4naied Tot•1 1518122 10 31112112 2023 Intomt fr(xn Cafe leiiings £163.ts13 £163.613 156.1157 SLIPPORT COSTS IlTrresiricitd FuTrd5 Gtntrl Dtsi%fy*ied IW81?Z to 31112122 2023 A¢LouniaThA Y 315 3(Xl 314 31K) Inik'tKnJeni ¢x4minuiion f- pr¢11 y¢ £2.1155
IIINI..I.YI,'EL VN41TED REFORhlED CHL""RLH SOIITHBOI"iknNL
page 9
NOTES TO THE FI)_.KILI.*L ST.4TEIIE.YTS
I'E.4R ENDED 31 DECEP4lBF.R ?02J
.4I.ILI'SIS OF EIPENDITI"RE ON CH.4RIT.4BI.F.4CTII'JTIES
Gtn¢NI Vnrt5trtcted Funds
15181?2 to
3AII2122
JlllJ23
JJJnk ihartTe
CJrJ paytlleni f
IIllNI.4NLEL iINITED REFOR.IIED CHL,RCH SOI"THBOIIILIE NQTF.S TO TIIE FII 4NCT..11. ST.4TEIIFYTS I"FAR ENDED 31 DECEIIBER 2073 TRLISTEES RE.NIUNERA TIO?4 AP4D EIPEliSES l)uring (he Near the charitN" madc t1&n11?S with J¢¢5. ST.4FF COSTS Tht aggrega pavToII ii"¢r¢ as lollo%b Tot1 2073 15ffl122 to Swn'c05ES during Iht star uLY¢'. 5alJries 2nd Emplo)e¢N NI 12¥.1?0 4,?44 45.39? 13?364 L4h,581 TIK. monihls a%erag¢ numb¢r ofrwnS linc1ling s¢nior rw)a8¢nI ¢mplo)¢d bN' lh¢ ¢hariiv dvrin8 the )'edr expre$SL full iirrK ¢4Ut>al¢ni> fullous.. 2023 2022 A%'era¥e nUMr ofLynpIo)tt Nu Lmplcis¢es r¢ceii'ed kntal tmploiee knefiis lexcludin8cmplo%cr wsion Ihan £fiO,11(X). 1418122 to INTER£ST Prll'.4BLE 2023 (Jiher loons £669 STOC'KS 8EnLk tsfLulé dnd c{suM¥bI £604 10. DLfsTORS Tradi dLbivr Prep4iimènt 2.390 5.71 £¥.160 C,ISH.4NID C.4SH EQL'lI..4LElS ljaftk and ¢a>h balJniiS £?IP),747 f178.5?6
I[lAllEL ITNITED REFORIIED CHI"RCH SOIITHBOI'RINE page 11 NOTF.S TO TIIE FIJ.4NCI_4L ST.4TEIIE.YTS I EAR ENDED 31 DECE.%IBER 2023 12. CREDITORS 1418122 to ?0?3 31112122 Creditors.. amoun15 filling due wiihiTr Lt j't•r Loart5 borroii'in2S 10.345 10,199 TriMIL' Lredilu 1.473 T110n and gxiJl securi .838 4.095 .Iccnidls 2,340 Oihtr £l&(M)7 £12.539 Creditors.. Arnounts falllng dut after more Ih•n >tr l.V&inb'.md £41.414 £5? 159 13. l.ii:In li)r Lafé ¢LL ¢Xl¢nsiun £51.759 £62.358 l.oan5 wmrn¢ni¢d 30 kPtrrnr 2019 £S0.IMKJ for 10 %'eJrs 3010 (from S)mod ofihc IlnitJ RefornKd Churrhl Pri%aiL for 7 %¢ars -. £35.¢W al Igq and £111,(XM) Ir/.
IhlP+l..IhLEL Ll%1 41TED REFORIIED CHI,"RCH sOL"THBOI'.RlE p#gt 12 NOTES TO THE FIN.4.YCI.IL STA TENIEYI TS I'EAR FNDF.D 31 DECFP+JBLR ?O?J 14. DESIGN.4TED FUIDS 2023 ExpeDditllre 2012 LKlbank Armknn'frus1 LhurLhes lugether %outhh)wn¢ Congo tksigndlil lions Iksigtiaied- 5%5ILYi) t)iirs¢i Ci)mmuni1 FuJ)d Cirdni lin's.Sh¢d Nem" Youih Rnom Gardening atxl PL15 Spark.1¢ Tirrne Htspii¢ Eeo thLli%ities- Income FACF. rr<'e I".1}r frid8e donli)n$ G liibbs fund E""runiLII (Ironl Lll'A. Val¢nLinc I'rn (ifdni inLomL IIOPI.. in LhL' C'omrnunily 3.136 13.1 23.3(h) 24.131 36 175 164 11.265 6.765 3.?31 415 6.15% 6.1511 546 20 4,868 45 39,780 744 425 195 3.70? 3( 26.1)25 344 261 ?tJ,795 73 195 5(rt) 21 155 75 769 23 7641 15,054 M¢mur% 1.9n¢ 101'¢1n¥ni lor th¥'.¥linJ PLiltr Souihcombt- d()1105 in nEmY on l?1IE J flindlb1llB Spori¢d- yI1h fund Ilkrnine Ih)ndLiun> Voluni¢er Lo orJiDaEor fundiJ)8 IIK'.FI I'Lllbcing. (irnni 1.755 49Y) 40 544 45 616 5.643 75a 2,376 3.167 £75,765 £89.570 £73.780 £59.973 PREl*llSES The LhurLh premises are {h%1d . Lni1th4 Kefvrnkd Churrh. Il'e55cx S)n(vJ.