## **Midland Unitarian Association Incorporated** 

**Registered Charity No.1200862** 

## _Annual Report & Accounts_ 

_FOR THE YEAR ENDED 31st December, 2025_ 

********************** 

_**Managing Trustees**_ President - Mr David Taylor Vice President - Ms Ann Matthews Immediate Past President - Ms. Debra Burbery Secretary - Rev Sue Woolley Hon.Treasurer - Rev. Kieren Mardle-Moss Mrs Jane Couper    Rev Winnie Gordon Mr Peter Flower  Mr David Mearman Ms Diane Rutter  Mr David Healey Ms Aleks Zglinska     Mr Kevin Watson 

********************** 

_**Custodian Trustee**_ 

The British & Foreign Unitarian Association.Inc Essex Hall, 1 Essex Street, London WC2R 3HY 

## _**Independent Examiner**_ 

Mr Richard Shaw, 188 Widney Road, Bentley Heath, Solihull B93 9BH 

## _**Bankers**_ 

Bank of Scotland, 300 Lawnmarket, Royal Mile, Edinburgh EH6 2PH 

## _**Solicitors**_ 

Mr. Stanley Willets, Talbots Law Ltd, Inhedge House, 31 Wolverhampton Street,Dudley DY1 1DB 

## _**Investment Managers**_ 

Mr Rorie Evans, Newton Investment Management Ltd, 160, Queen Victoria Street, London EC4V 4LA 

Unitarian New Meeting Church 31, Ryland Street, Five Ways, Birmingham B16 8BL 



## **MIDLAND UNITARIAN ASSOCIATION INCORPORATED** Reg. No.,1200862 **BALANCE SHEET AS AT 31st DECEMBER, 2025** 

|**BALANCE SHEET AS AT 31st DECEMBER, 2025**||
|---|---|
|2024<br>MUA Inc<br>Fund<br>**THE FUNDS MANAGED BY THE MIDLAND UNITARIAN ASSOCIATION INCORPORATED:**<br>1,347,799.96<br>Value of Funds at the Start of the Period<br>38,098.26<br>Net Movement of Funds in the Period<br>1,385,898.22<br>Value of Funds at End of the Period<br>**HAVE BEEN INVESTED IN :**<br>150,000.00<br>Leasehold Property<br>Investments at Market Value<br>1,203,922.60<br>Newtons Growth & Income Ethical Fund<br>0.00<br>Sundry Amounts owed to us<br>30,000.00<br>Cash in Deposit Account<br>2,818.08<br>Cash in Current Account<br>1,386,740.68<br>(842.46)<br>Less Sundry Amounts owed by us<br>(842.46)<br>1,385,898.22|2025|
||MUA Inc<br>Fund|
||1,385,898.22<br>58,190.83|
||1,444,089.05|
||150,000.00<br>1,225,914.96<br>0.00<br>65,944.06<br>3,111.89|
||1,444,970.91|
||(881.86)|
||(881.86)|
|||
|1,385,898.22|1,444,089.05|



## **Responsibilities of the Trustees** 

The Trustees are responsible for keeping proper accounting records, for safeguarding the assets of the Trust, for taking reasonable steps to prevent and detect fraud and any other irregularities, and for preparing annual financial statements which both accord with the accounting records, and which comply with both the Statement of Recommended Practice for Accounting by Charities and with the relevant governing documents and which give a true and fair view of the affairs of the Trust. To the best of our knowledge and belief, these obligations have been met, and accordingly these Accounts were approved at a Meeting of the Trustees held on 27th January, 2026 

## K.MARDLE-MOSS Treasurer 

Having carried out an examination under Section 43 of the Charities Act, 1993 in accordance with any applicable directions given by the Commissioners under Subsection (7)(b) thereof, of the information supplied by the Midland Unitarian Association Trustees. I believe that proper accounting records have been kept in respect of the Charity in accordance with Section 41 thereof, and that the Accounts set out on pages 12-19, in respect of the funds administered by the Midland Unitarian Association during the period and of the resources available as at 31st December, 2025 accord with those records. I have detected no other during my examination to which your attention should be drawn to enable you to reach a proper understanding of the accounts. 

Richard Shaw - Independent Examiner 


14th January 2026 



## **MIDLAND UNITARIAN ASSOCIATION INCORPORATED** 

## Reg. No.,1200862 

## **CHARITABLE GRANTS MADE DURING THE PERIOD ENDED 31st DECEMBER,2025** 

|2024|2024|2025|
|---|---|---|
|MUA INC<br>Fund|**LEADERSHIP OF CONGREGATIONS**|MUA INC<br>Fund|
|18,352.00<br>Evesham Congregation<br>8,314.00<br>Coventry Congregation<br>1,724.00<br>Shrewsbury Congregation<br>3,338.00<br>Northampton Congregation<br>1,135.00<br>Kingswood Congregation<br>694.00<br>Warwick Congregation<br>738.00<br>Birmingham Congregation<br>308.00<br>Cheltenham Congregation<br>396.00<br>Stourbridge Congregation<br>2,071.01<br>Coseley Meeting House||5,295.00<br>4,000.00<br>8,700.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>0.00<br>2,037.68|
|37,070.01||20,032.68|
|**MINISTERIAL & LAY LEADERSHIP TRAINING & SUPPORT**<br>500.00<br>Ministers'  Meeting<br>10,000.00<br>Unitarian College<br>0.00<br>Individual Grants<br>500.00<br>MUA Inc Lay Preachers||500.00<br>5,000.00<br>600.00<br>0.00|
|11,000.00||6,100.00|
|**OTHER DENOMINATIONAL INSTITUTIONS**<br>0.00<br>General Assembly<br>1,000.00<br>The Inquirer<br>0.00<br>MU Now Magazine<br>0.00<br>National Unitarian Fellowship<br>4,658.00<br>Sundry Other Causes||0.00<br>500.00<br>0.00<br>0.00<br>0.00|
|5,658.00||500.00|
|0.00<br>**CHURCH MAINTENANCE AND REPAIRS**<br>0.00||0.00<br>0.00|
|0.00||0.00|
|53,728.01<br>**TOTAL GRANTS MADE**||26,632.68|





## **MIDLAND UNITARIAN ASSOCIATION INCORPORATED** 

Reg. No.,1200862 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st DECEMBER,2025** 

|2024<br>2025<br>MUA INC<br>MUA INC<br>Fund<br>Fund<br>TOTAL RESOURCES ARISING IN THE PERIOD<br>25,273.10<br>Dividends Received<br>26,374.17<br>382.08<br>Bank Interest Received<br>269.69<br>10,968.00<br>Rent Received<br>10,968.00<br>452.40<br>412.00<br>3,867.69<br>Banbury Fund Grants ex GA<br>2,490.41<br>5,000.00<br>Oldbury Trustees Grant<br>5,000.00<br>3,571.15<br>Northampton Trustees<br>0.00<br>0.00<br>Asset Liquidation<br>75,000.00<br>146.00<br>Asset Transfer<br>0.00<br>32.25<br>ABC Book of Lay Preachers<br>10.00<br>89.60<br>Insurance Refund<br>0.00<br>0.00<br>Donations<br>0.00<br>49,782.27<br>120,524.27<br>**TOTAL EXPENDITURE**<br>53,728.01<br>**CHARITABLE GRANTS**<br>26,632.68<br>**OTHER EXPENDITURE**<br>34,371.51<br>District Ministry<br>33,047.36<br>120.74<br>Exec.Committee Members Exps<br>290.75<br>3,400.00<br>Secretary's Honorarium<br>3,570.00<br>3,400.00<br>Treasurer's Honorarium<br>3,570.00<br>665.09<br>Administrative Expenditure (Ptg, Postage,Tel.&Sec.Exps)<br>951.54<br>247.10<br>AGM & Lunch Expenses<br>0.00<br>135.00<br>Conference Fees<br>551.00<br>128.88<br>Website Costs<br>149.40<br>450.00<br>Independent Examiner's Fee<br>450.00<br>278.40<br>Professional Fees<br>12,830.00<br>0.00<br>Investment Management Costs<br>192.00<br>2,117.46<br>Insurance Premiums<br>1,932.07<br>146.00<br>Publicity & Training<br>159.00<br>45,460.18<br>57,693.12<br>**NET INCOMING RESOURCES BEFORE INVESTMENT ADDITIONS,DISPOSALS & REVALUATION**<br>(49,405.92)<br>36,198.47<br>**INVESTMENT SURPLUS/(DEFICIT) ON DISPOSAL AND REVALUATION AT YEAR END**<br>0.00<br>Surplus/(Deficit) on Sale of Investments<br>(94.47)<br>87,504.18<br>Investment Revln Surplus/(Deficit)<br>22,086.83<br>87,504.18<br>21,992.36<br>38,098.26<br>**INCREASE/(DECREASE) IN FUNDS**<br>58,190.83<br>Affiliation Fees & Personal Subscriptions|2025|
|---|---|
||MUA INC<br>Fund|
||26,374.17<br>269.69<br>10,968.00<br>412.00<br>2,490.41<br>5,000.00<br>0.00<br>75,000.00<br>0.00<br>10.00<br>0.00<br>0.00|
||120,524.27|
|||
||26,632.68|
||33,047.36<br>290.75<br>3,570.00<br>3,570.00<br>951.54<br>0.00<br>551.00<br>149.40<br>450.00<br>12,830.00<br>192.00<br>1,932.07<br>159.00|
||57,693.12|
||21,992.36|
|||
|38,098.26|58,190.83|