FINANCIAL TATEMEN DE
THE YEAR ENDED 31 DEC£ Trnstee4 (Chwrch Committee) Andrew Bethune Tony Burns Brend Boyle Susan Tombs Celia Jame5 Sylvaim Van de Wey Eiden Horn¢r Rest0d- 21A>412024 Resied- 2110412024 ResigttoJ- 2110412024 EleL#ed- 2110412024 ElectrAI- 2110412024 Elected- 2110412024 ElectrAI- 2110412024 Regkniered Ch•rity . 1202376 Addresg: Emmanuel Road Cambrid8e CBI IJW B*Td&ers: CAF Bank Lirnit¢d POBOX 389 West Mailing Kent M19 4TA d¢p¢lld¢t ExAmlntrs: Matthew P¢ttyfw FCA Staffords Unit l. Cambridge H¢)us¢ Camboro Business Pa Oakin8ton Road Girton Cambridge CB3 (QH
R THE YEAR ENDED 31 DE MBER 2024 Unithri8n Church Cwnbrid8e CIO is a ebaritabl¢ ineorwat&J or8an1satic, re81Stere with the Charity commi10n. It tk over the opeAtions and ass5 of th¢ M¢moriai Church Iunitsrian) C4mbrid8e. an ¢xc¢pted Charity on JI December 2023. This Charity w8s by Trnst deed and cOnveyaEe dthl 25 M2rch 1928, afftended by wbsequent conveyance dated 15 Octcèer 1945, attd deeds dated 6 July 1967. 28 December 1987 and 18 September 2002. A new Constitioll was adopted on 24 April 2005. The ChuT¢h Membership Prctedure was Tevisol in April 2017. Objetts of tbe thrSty The Prom10t) of re]igico in aecothc with the of the rrtneral Assembly of Unitsri8n and Free Christi Cbur¢h¢s, as stated itt its wn5tityuon (publithrAI in th¢ haTrdbtk i$8u¢d n(lIllY to m¢mber ¢owewion$) R¢vYw Of d¢Y¢lopm¢n4 aftsvitiu #Dd #chievements during th¢ ye4r The past year has been. l thinK a g(XMf one for us fortwo mtiitsr reasons. The first r80. in two part5, has an obvious fetl-g(KMJ factor ab(t Èt. But the seumd re850n will not instantly feel 50 80(yJ to rnany peopl4 but when IIM)ked at propuly. l think 1¢ wtll a150 be seen to be good. So. let's take alook at the first. Th8h(rt the year- ewi8lly in th¢ FUeDiTtiOnS gr(P (which orn to any memberof the chltrch vtho wished tojoin)- we have c4)ntinued carefully to tslk tether abiuL and thth thculate. a shared sd of prinCI¢S that we fed trujy UndeinS aod guides ug. These Are now prominendy displayed on r newwebsite and ncrtictknoATds. They d a& follows". Within this creativ4 inquirin& fr¢¢ and libera¢iv¢ r¢ligiou$ 8#thin& we aeek to: l) Nurture ¢xu8dve$- destring to 8row intothe rn(t ¢r¢&tiv¢, kxi8bl4 compassionate and aulC0M(Ajs indiv1th]$ we can be. 2) Support Ixw neighbcrS- an4 in so doin& remembu th&t each Individu we mttt deserves the same love and 3) Build a¢WperVc 50ciety- baUSe all lives are intertwined. none of u5 ¢xists in isolation. A OF¢ratiVe society. in which we find solidarity. fdlow$hip and community, lights the way for us all. 4) Find strength in ¢cmmunity- ojr loc41 gathuÉn8 can be a Mir(6 of the c(wtive gocicty we seek to build Her4 we 5UPPOrt one another in LY]r journey& sharin8 oJr joys and sorrows as we wth together tOW8rd$ N better world.
TARIAN R THE YEAR ENDED 31 DE 5) Draw on insi8hts 011 Thtiv4 inquirin% free and libmtive rdiBicw and philosophies- s#kin8 to und¢rstsnd their ess¢n¢¢ Rnd ideal4 and findin8 Ways to apply these io the moderD wIKld in which we liv¢. 6) Care f(r the worfd 4round us- Cel¢brlD8 bein8w of nattwq th¢rishin8 the b¢auty we witn¢55, and sttknngto repir damage and tread a5 lightly as we ¢4n. 7) Aifirni that there is no fundamental distinction b¢tween the sttcrtd End the se{ar- and that all human activitie8- )litics, econimlly, educ4tiiHJ. &tL labw and even dom¢stic affaits- Gan also be expressions of free rdtgi The SeCd demfflt of the first reawi i¥ thai fdlowittg its introdudion thwing the COVID-19 p4ndernic, the Sunday ServieL of Mindful Meditstion. Music and Conver$4tim is now our settled way of mefflins together on a Sunday mornin8. Before 2020 Y Thill remember thai this service in all ential details, ]r evenin8 seThice, and had bee for the pr¢vious ten years. Naturally. there were some memben of the pre-Pdemtc community, who wished io rwrn IO OUT old %rvi¢¢ f¢)rnal 8nd I want to note that I fully 8pprecia* that for the5¢ ppIethI8 change wa5 not wd¢omoJ. But l also need to note that all the evid¢nc¢ available to us- 81¢ both from ongoin& offi¢i81 survry4 out Owtt (xJaE exlence9- strongly suggests that Mrhilst there really does now seem to be an incfeA8e in iDter¢st in rdigiou5 and spirityai matlers among the generni powlatiw4 our dd way of doing reli8.ion is simply no longer the way we c4ti best meet this tntff¢5t and nttd. But what we do know is that meditstion is 50methin8 inlSiY valued in trfAh the r¢ll8io8 and 8ec4dar sereS. as. too. 15 thou8htful, woul vnitiD8 atsd civilised conver1 about th¢ k¢y, existentia] questi¢)n5 that human Itfe continues to pl&cebefore us. Natyrally. there will be other ways of respcfflding appropriately as a liberal. fr¢¢-rdi8i(K]s community to these but our post-p#ndemic Sunday gatherin underpinned by OUT geven principle4 is now ( currenl settlrt collective offer to the city of Cambrid8e. Tak¢nto8&her, these ttvo things mean we can now Y clearly and succincdy say what r WrnmUTtity stands fot. and we can 8150 ¢fiden1Y offer people a liberal And fretrrelious pra¢tic¢ that is des18n to help u4 in a genY dÈlP1in way, to become better, more ¢ffe¢tiv< libenl, free-re1toll$ people playin8 Iwr 0. mode8L but still imF8)rtant part in the life of (xJr City. ADd now to the thin8that is less obwously 8cod but which, if we fa the challenge reIn8 c(rfidently dr¥wirt8 Ort the things I have just reheaTSed. will, in tim4 bjrn ¢Mt to be s1. Thr(MLgh the course of this year we hav¢ b¢en able to See more and more de4r]y that ow buÉlth'n85 are simply no lon8¢T Jitsble f(r our wmmutiity'5 sma]I shze and modest neu1$ or the ne•Js of the loc commulliry. E5sentiaily, we have two buildin8$ that are exalxly tht sam< only one of which be used thIou8hoJt the year and rented t. Added to thii basic problem. th¢ physi wnditi¢)n of ojr building$ (churth h8Jl. o]d manse) is farfrom 8oc4J and 1$ Bettin8 W¢Y5q the ioofs are at the end of th¢ir lives, th¢re is till8 w(¥JJwork everywhere, and the he4tin8 5y$t¢ms and insul10 of all the buildings is hop¢l¢$sly bad The cost of putting jum one of these buildiTh8s, Id alone three. into excdlent order is tnjly hu8e.
TARIAN R THEYE EN This me4rts this yw we have to take someMAJOR dpxisic4Js abwt how we are 80in8 to 80 abrt secwin8 for selves. aod fcthe locai c4)mmunity, at least one, exc¢llenL sustsin8bl¢ and appropriately wuipped buildin8. The good newj is that we ¢in DOW see ¢learly that this 1$ the case and that w¢ musl Dow do somdhing about Lt. Doin something brings with i( of Cr risks, but li offers us a positive &t)d ¢T1ve way of going forward that ha5 some r¢al Iw of SUC$$. But Vell the state ofthe buildin8s, the lack of wfficient hirers, etc.. doing nothing is now no Iger ao qjtson. All we will be doin8 is terIng a p¢riod of Mana8 dline. Rttwusin8 thi& y(w tru5ttts have be¢Th Working dili8¢ndy over th¢ past year so as tobe in a FK)sitioTh durin8 the comingyear present loy( a properly costed and researched plan showin8 Wh we can genuinely do with c IlIding$. At that winL 8oJnetime thts eornirt8 ye4r, it be up to as church members dlde what is to be ch a project will, inevÈtably, brinB with Trt a certain and a rsIderable arncrtmt of dtsnjption to our fonnerways of doing thin8& Bu¢ Thith our principles of livin8 dear]y in sighl and a secure liber. free-reliOll1 dis¢iplin¢ in play, the stron8 mirtivAtin8 REASON for undertakin8 thÉ5 pr¢¥ttt sh(xdd also be absdutely clear to u% namely. the opporbjnity to 8iftboth oJfsdves and our city with a secure. beautiM hom¢for libera], fre¢-reli8Éon that is itAble for (Xlr own times and necds. In other word4 we will be responsibly carrying forward the projIbesun by our ¢hurch's f(XLDdern irt 1904. I cornm¢nd th¢ pmjKt Io y(XL. Andrew Browo Nfjnister. Cam]dge UDitsTian Church
TARIAN H CAMBRIDGE CIO AR ENDE Revlew of developmeD& ACtfvitle5 achitvewents duriDg th¢ y¢4r (conL) Y(w ttustee¥ Sylvain Van de Weyer, Sue Tombs, Elden Horn and Cdia James have met nine times sio¢e the 2024 AGK with Andrew Browi and Courth¢y van de Wey¢r in attgnd¢e. Courtth¢y vart de Weyer has especially &ssisttyJ 4 with the wtrk toward8 the Plannin8 ApplIclOn. Trustee$ hav¢ ¢rnpl0Y Thoma5 Carlile a5 Church Admitiistr&tor on a w lime basi$. Thomas has made a 8rut diff¢rence to the workload of Sue and Sylvgin in the day-to4ay oversi8btof out finan¢e$. He r¢poTts to Trte¢S ¥nd ives cw minute5. Vhile we appreciat¢ that many major aspKts of th¢ buildin84 such the roof5 and windows of the Chuh. Hdl. the Common room are dl at the very eod of their walertit lif¢ that th¢Man5e is uDinhabitsble, we Ire making we that runntn8 repiirs are done asthey are needed. and that rwlar maint¢nan¢¢ 1$ keptup thr(gh the yw Annual maintenance chth have been caTried out on the 8Utomaiic d¢y)r& boil, rf 8Utter8 and fi extinguish the Pl0$ h8Y¢ be¢n tun¢d. Ail utility bills And inwrance wli¢ies are up to date. Durin8 the cold mThJths of the year, we have again used the H4EI inste4d of the Church for i)ur SuDdAy Services". this is to 58ve OD hIn8 COSt5, as the Hail heitt8 18 more ttoncxnical and is iem11ttentlY heai&l for hirers. The remotely controlleA Nest System ha8 been a Breat hdp with thi&, thou8h it s(xn¢tim¢s 8¢ts WnfU8¢ such ay wh¢n 1STets tum off indiNidual radiators. We continue to rent 30 New Squ¢ as a Manse for the nIster a1 hi5 Thryf4 while the origina] Martse is uninhabitable and while th¢ plans for#tt¢ndsn8 to aEI the buildings on cr site are ongcAng. Tmstees have explored many possible ways forward to 8af¢8uard and d¢v¢lop ourbuildin8s have ftiways taken advice from profe5sional& arcbitKts and Huitsge advisot4 looking at what has been achieved elsewhu¢ TnESt¢es have receiveAI cA)stings for all ideas aod have narrowed th¢ p0$6ible wwys forward ttF one much prefe¥red (w"on and the Architts. detsiled plans have been sent off to th¢ Planning Departsnent for comrnent an hopefidly, approval. As sc¥)n as Trustees kmw th¢ dl$l{l of the Planners. they will brin8 the d¢tsils lo th¢ Congregation at an Extrn(xdinary Genera] Merfin8 for theiT inst*aio and w¢ Shall be able to decide bow we wantto tske iyjr Church estate forward into the fuwre. We have wel¢Ied Lizzie Kin8Ston itsto CKMnmunity over the past few months. LI1¢ is b¢in8 m¢DttMryE by Attdrew Brown while she trains for the Ministy. aThd we have been one of her plac£mettts. Lile has attended some of our IDdividuais have oc¢]0n41jY contributed a for th¢ Day during OW rn¢)rniD8 suvi¢e aftd more corttributions ue alway$ wdcome. rd8rianna Trchl has provided the music for u5 and has put tO8¢th¢r a 5m411 ¢hoir which ocusionaily sings at Services. Several of u$ hav¢ workryl to utlderstand how to W up the IT f(K the best expuience fcff those attending our s¢Tri¢¢ viY4 z(). We became aware of all the thShI that this and thank Jwui for her photW4phi¢ record of h<)w it shouid be.
UNIT R THE YEAR ENDED 31 DE MBER 2024 Jacqui and Sue have orgatt11 and ovvs¢en a rota forcovin8 the SeThices of hfjndfuj Meditstion while Andr¢w is his Sabbatical leave durin8 April and May. and we thank th0 who will play & W in them. Some provision f PasLoral care is in plact. The Carol Servic¢ was held on 22nd December- organisd by MaTianna ¢belI and Andrew Bethune. LizaeKingstthJ was tsble to attend ith hw husband and two girls and a friend of MarianDa's also brimwhi his two 3 chiltren. thty were ail invo]ved in makin8 rnU5ic with hand bells. CIMnmwiil S¢FvI were Jlso Lxlebrntl 4t FAst¢r, P*lle£ostand Christtnas Eve. e of Chori Unitarian Churth Cambridge CIO was r¢8i5t¢r¢d with the Chatity Commission on 17 March 2023 but the tha08¢ of ownership of the church PToperry has not yd been reg2SteteAI with th¢ Land Re8iStry. This is bse the original application was incorre£tly submitted by ojr Iwwyer. who died duTing the pr(ws and the Law Firni who took over hi$ c&8eload was nirt proiGtive on our Eccount so that the application lapsed. Truste¢s have ¢nga8d 8noth¢T L4w Firn Ashton4 and Sue Tombs ha5 done the pap&wotkio enable the old Tnths on the application to SI their agreement to our cl8¢ to a CIO.. this was done on Mwch 18th, when two LiinEnt Tnjstees Sied the new applItiOn fthetrdsFer0f cthurch e5tdte to the CIO and Asht.$ IMMlatelY submitted thatto the Land R4istry. Workwill ned to be done to lay dowll the otd charity. We have wnunued our sharvj lunthe5 after ¢i>ffee ort the fi1 Sundays of each month. Aftu coffee on the sec4Jnd Sundays of the when we c4n. some of us have met lo continue the w(Yk of tillning our old kneelers it)to Cushions. Marianna Mich¢ll laun¢hed a monthly P(w Gr(NJp last summer. whith now indud¢swrit¢TS in a]1 geDres, meeting on the 1aM W>thesday of th¢ moDth in the Common Room at 2 for 2.1Spm. Asha Madhh nn 8 Self Compassion ¢aT$¢. Celia James three Sandplay event$. Two church munbus died IhLrin8 the yeRT and two new membersjoined. There were 27 SI)edJp Ything members at the end of 2024. Cknst's lie¢es Residents, ASl8tion have hdd meetin8s in the Church. The churd) also hosts wexkly sessions f Atctholi¢s AnrnyrniNJs, as well &5 a variw of ¢¥trarycurri¢ular aaivities and rneetin8S. The S(Kiai mentoring Grwp. which meets in the CommoD-fiKXD and Hail on Fridays between 12 and 4pm. it is 8ath¢rin8 strenh and is much appre¢iatsJ. Church Policy do¢llm¢nts ar¢ displayed on the church websits and revie¥ved annUly. Andr¢w Brovrn h&8 been hogtin8Z(M)m Sessions for Seiumeditstion follow by Conversation on 8lttrn&te Thursdayg, atwidd by porticipants both in the UK and abroad.. weeks one three at 7..30 pm weeks two and four at 10..30 am". norte on a fifth week.
AMBRll)GE CIO PE life of the Churth Thts group h8s met four times in the last year. on zoom Its main bcty Of work has been to redesi8n the Churdj Website, to make it more &ttractiv¢ user friendly and infirnative of wr range of spiritual and s(Ki8] engagemettts. ltt ffijtt¢ we plan that the 8roup will m¢¢t three tsrnes i ye. We thank Clare ScJthall fcff having led us through that pirf¢ wort whicb we called Future Directiffls. (Mjrnext meeting 8hall decid¢ how best to organige ojrgdves forthe eA)mknB year. Celia JArne8 #nd Sue Tombs Rtyk The t$t hav¢ identified rnai risks to which the clmrity is exposed and miewed and implemented syst¢m5 to mitigate these risks. StatemeDt of Trnstees, RespoDsibilitie Law applicable to chatities in EAalld at)d Wales rquires thetrustees to pr¢pw¢ finan¢ial staternents for each financi year which 8ive a tw¢ and fair vi¢w of th¢ th4rity'$ finan¢iai Activities thjftng the year and of its finan¢ial tttiOn at the d of theye4r. Jn prewin8 financial stat¢m¢nts Viti8 4 true and fiirview, the tmste¢s are requir&J to.. select suitable accau)tin8 polici¢s and th¢n 4)ply them ¢onsistendy" makejudgements and estimate5 that ar¢ reag)nthle and prud. • stAte wthetherapplicable Aca)untirtg Standards and Statements of ReciMnm¢nded Practice have beth followe bje£t to any departures disdosed and explaind in th¢ financial statements; prepa the financial statements on an IMJ80ing concern basis unless it is inapproprial¢ to presurne that the cIMrity will c4)MiTwe in owation. The trusttts are rejponshble for ke£pin8 proper accounting rtcords whtth disdos¢ wtth Trasonable ¢raCY the financial position of the Chwity and which enable them to ensure that the financiai statements wmply with the Cknities A¢t 1993. They are Also respcSible for safe8uaTdin8 th¢ assets of the ch*yty 8nd henct fcf taknng re4sonable sw5 for the pt¢v¢ntion #nd dete¢¢ion of fraud and crther irregularities. Approved by the TnJste¢s ( O 2025 .
TARWI IR ECIO CH I TWI on the aCts foT the year ended 31 Dmber 2024 set (yjt on pages nine to •gh1. R¢8p¢rtive rupoDgibHitieJ of trnstees and examiner The Ctwity's trnstees are restsIble for th¢ preparation of the accwnts. The Charity's tnjstees consider that 8n audit is rt tequired for this year under 5e¢tion 14412) of the Charities Act 2011 (the 2011 Act) and th2t gn Indep¢nd¢nt Examination 15 required. Havin8 5ati8fRed mys¢lf that the ¢hwity is not subjox w audit and 1$ eli8ible for indewdent examinatio it is My r&8pmsibility to.. arnine th¢ accounts under seaion 145 of the 2011 Act. to follow the procedures laid dowm th¢ Gener41 DIrOn$ BiY¢n by the Charity Commissioners {der I1[0 145(5Mb) of the 2011 Act). and to stste whether partiaJar matters h&ve come to my attention. B*Jti IndeptDdent Exarni4erfJ Report My examination carried oui ID a¢¢ordance with the gettenl dilOn& 8tve4J by the Chwity Commission. An examin4ti¢)n indudes a review of the a¢c(Kuhin8 iecords kept by the Charity and a cornparis of the counts ptesented with those records. It also includes crnsideratiffi of any unus1 it¢m$ or di10$ur¢S in the ac¢c and seekin8 explanations from you as 1ry5tee5 concenung any wch mattus. The procedures undertoke# do not provide all th¢ evidenee that w(x]]d be rwuired a fvll audiL and consequetrtly no opinion is 8tven as to whdherthe acc4Rts presujt a and fair and the re)rt is limited to those matters 5¢t wt in the statements below. JnthpeDdent Examittr'j itstetht#t In connection with my ex8minatioT4 no rnatter has come to my att¢nti'. (l) which 8ives m¢ re4sonabl¢ caus¢ to bdieve that in any mawial respect the requiremet • io keep accowitit)g records in ac¢orth¢e with section 130 of th¢ 2011 Act; 4nd . to prepare acc(xints which aecord the accounting rwds and to wnply with the requirernrnts of the Act d with the methods and prilpleS of the Accwt)ling Reporting by Ch8rititg". Statement of Recommended Prauice applicable to charities preparing their accounts in acc4)Tdance with the Financial R¢wting Stondard applicable to the UK and Republic of Ir¢14nd IFRS 102X¢ffKtive l Januhry 2015) hav¢ not b¢en m¢L or (2) to whicl in my illiOn. attention sh¢xdd be drat in order io enable a proper understandin8 of the 4¢¢(xu io be reh¢d. Dat¢.. M8ttbewPrttif¢rFCA Staffords Charter&l ACCnI9nts Unit l. Cambtidge H(se CambLYo Business Park Oakington Girton Cambridge CB3 QQH Unit1 Kin8dom
HIRCH MEA DE ITAR ENDED 3 ER Not¢ Unrestricted R¢stri¢ted funds Totsl To INCOME FROM Donlon$ and Lx84oies Donlon from predeser chuity Othertradtn8 athivtties Inv¢5tments 23.295 23,295 3.701.544 21.677 21.677 TOTAL Raising fi]nds Cknitable 4clivitie3 (Gainyloss on disposal of fixeAJ assets (Gainjaoss on reVUation of investrnents 133.193 133,193 TOTAL ET COmE 13.805 13,805 3.701.544 TrANsFE1 BETWEEN FUNDS NET MOVEMENT IN FUNDS 3 701544 TOTAL FUNDS BROUGHT FORWARD 3 684 358 TOTAL FUNDS CARRIED FORWARD 3 698 163 3 715 349 3 701 544 CONTINUING OPERATIONS All in¢ome and expendlture h&s Arisen from contiTwill8 activiti¢B.
10 N£rte FIXED ASSETS T4n8ible Awts Investmerrts 2.631.423 907 756 2.637.069 839 198 3.476.867 3,539,179 CURRENT ASSETS Debtors Cash at bank and in Iwid 5,779 6,569 180.120 228.798 CREDfroKs: Awowits falliThg due iYithiD 0e yur 176 170 224 677 TOTAL A&SETS LESS CURRENT LIAB]LrrtEs 49 3 701544 Restric in¢4)me fimds UnrestriLMed fimds 17,186 3 698 163 17,186 3 684 358 3 715349 3 701544 Th¢ accixmts were &pp[oV by the ttee5 on IQ 2•a si on behalf of th¢ rjwrth wmmittee by .. TreasuTer Chairma
MBER 2024 Utiitarian Church Cambrid8¢ CIO 1$ a rwster¢d charity. with clty mm?ber 1202376 I ACCOUNTING POLECtES The financial statements have been prepued in aCCordte with the Ctwrities SORP (FRS 102) 'Accounting and Reponing by Ch&]ities'. Statement of Recommended PTadice ttpplicable lo chaTiti¢s prepating their aCCnts in accordance 7th the FinaDcfftai Keponin8 Statthrds applicabl¢ in the UK and iiepublic of Ireland (FRS 102XeffectiYe 15anuary 2015),, FInela1 Reportsn8 Stsndard R02 The FInGil ReDorfinH Standard 8pplithle in th¢ UK and R¢publi¢ of Irdand. and the Charities Act 2011. The financial statements haye been Prepared under the historicai cost conventi(M4 except vknere as ID previous years historic fix&i assets hav¢ b¢¢rt r¢vaJwl to their r¢pla¢ement buildin8 Cost. Revaluation of the Church aThJ Hhll is Undertak aRtll]aily by the church's Insu$. The ¢haTity is a publi¢ b¢n¢fit entity. The Trustee5 considw that there ar¢ no meriai uncenainties about the ChIty'S ability to contitw¢ as a SignifKn¢ judgemeots Apart from those judgements involving estimations, the mana8emellt h&% not made anyjud8emenls in the pr(Kess of applyin8 th¢ ¢Thtity'$ acwwrtin8 policies that have si)Ificant effect on the arn¢xmts rwnised in th¢ aOUnt$. There ar¢ no key assumptions ¢on¢erntnB the fiffure other kty soJrc¢s or estimatii>n uncertainty at th¢ reportitlg date thai hav¢ siwjificattt risk of cwsing & mer11 adjusts))ent to the ¢awiD8 amounts of assets and liabilities within the rewLin piod. Firt*neial reporting it#tsdard 102- reduced diidosure utmptk)1 The charity taken advantage of the following dixlosure exemption in Preparing these financial statemenw pItt by FRS 102 The Finattcia] Rwtittg Ststtdard •pplic&ble in the UK and Republi of Irel,. the rty4uirements of Section 7 Ststement of Cash Flows. Rejourcu Ezpend•J Expenditure is &¢C4YJThted for on an accn[S basig and ha5 been classifigj under headin8s that a88re8at¢ all cost related to the category. Wher¢ costs cannot be diredly attsibuted partiwlar h¢adin86 they have bttn allo¢atd to activities OD a ba515 consistent with the use of resources. lffj¢omin8 Rtjoure A]1 income is recowiwj in the Statement of Financiaj A¢tivitse8 0e th¢ thwlity ha5 entid¢menito the fimd& itis probable that the income will be received and the amount call be measured reliably.
12 R¢8ourceJ from Domryucbaoge trnnsaclioDS The Chtty has benefited from the eontribution of time by unpid 8ener81 volte#s. No value has been T1$¢d in the a¢coth)ts in rdation to this. Pensioffj C•Mts The Charity makes CQtttributiOTL8 to the Ministers, Pensi¢)n Fund, A defined benefit wh¢rne at & rat¢ of I IYr of the sum of Stiprnd and Manse allowance per annum. T•DgilJlt Fixed Assets ¥And Depretit60 No depreciation has been chuged on fre¢hold land and prop¢rty wnrx the trL8tK8 wnsid¢r any suth charge to be in)m8&1. The longiem) useful estimat&J life of these assets is more than 50 yevs. Fixturts and fittin85 - 2(Ph on a stiai8ht line basis Invejtmtnts list investments are initially recogllised at COs18nd are revalved to open mats vatue atthe elld of each accounting peri(xl Debtovs Trade other debtors are r¢co8rused at the 5ettlem¢nt affjryt due after any trade discount offered. Prepaymeots are Valu the amoutkt prepaid after taking accoum of any trnde th"scounts offered. Cb It bnk #ttd in Cash at bank and in hand indudes wh and short t¢rn higbly liquid inv¢sbnents with a short matiwity of tlr¢e months or less from the date of acquisition or 0ing of the deposit or sirnilar account. Creditorj Creditors are re£ognised when the Charity has a pre5em obligation Tewlting from a past event thai will pr(A)ably result in the trnnsfer of fimd8 lo a third party and the amount due tts 8ettle the d)li8ation can be mewrd or estimatd reliably. Cwjitors aThJ provisions are normally re¢wis•J at thaT settlement amwrt afier allowinA for any trade dIsC(ts due. Uwestrithd fid$ can be u5>J in acc(JTdance with the thaTitable (tjeaiv¢s at thc di5cfdioD of the twstees. Re5trirted fimds can only be used for particular restrs¢ted PUTposes within the obje<ts of the charity. Restridion$ arise when specified by the donor or whet) funds are raised for particular restri¢ted PUTposes. Further eiplattatton of the natute purpose of e&ch fund is induded ill the note5 to the filwiciat
13 31D ER2024 2 SURPLUS FOR THE YEAR IS AFfER CHARGING: Independent Examitiefs fee 3 INCOME 2024 202 Utsrestri¢ted Restricted Subscriptions Offertory 11,714 11,714 2,927 8,594 2.927 8,594 60 Collection5 & Appeals Oiher tr*ding xthii¢ie5 Ifire & Rent 21.677 Entere$t & Dividends Earned fjoisters Brn¢Yolerrt Fuy)d 33,468 33,468 TOTAL
4 EXPENDTllTRE ON Utirestricted Restricted Totsl Ch*ritabJe Actfvltlej WORSHIP COSTS nistsvs #tpend Fkntii8teVs N.1. & p¢n8ion fjnistetrs expenges Musicians 35.231 4.594 773 360 35,23 1 4.594 773 360 ESTABLISHMENT COSTS Utilities & locat t&Kes Depreciati¢)n of fixttTh & fittings Insur8n¢e Repair4 lien¢wal& S¢ryicin& PurdJas¢s 16.922 6.246 2.895 2,688 17.731 16.922 2.895 2,688 17.731 SUBSCRIPTIONS Grnernl Aswnbly I Subgcriptions & Donations 1.015 738 1,015 738 fjniste¢s discretionary MANAGEMwf AND AD[STRATIoN Printin& Posts8¢ & Publicity Te]ephone R¢nt- T¢mporary Manse lalies loquirer, Bookstall & Music Professiot)al Fees 365 2,(M)I 31.850 6.784 509 365 ICK)i 31.650 6.784 509 133 193 133 193 TOTAL 133 193
15 5 TANGIBLE FLD ASSETS Freeld Ffhold Church & 5 Emmanud FixThw¢s and fittin8S Total Cost or Valu¥Atio At l Jarnwy 2024 Addition5 Diwals 1,965,567 650.(K)) 44.211 2.659,778 At 31 December 224 1965 567 2 659 778 Depreciation At l January 224 Char8¢ for year 22.109 22,109 At 31 De¢embw 2024 Net Book Val At 31 December 2¢y24 1965 567 2631423 At 31 December 2023 1965 567 2 637 669 Frtehojd pr•- W¢10 The revaluation of the Church and Hall is based the iebuild value ofthe prwhes du¢ to th¢ nwr¢ of the propety, it is dkfficult to thtsin a reliable market va]ue. Cost or VA1¢10D OlD8 cost ditions Di8fMnais Re¥ultiOn 839,198 7 DEBTORS AcciNJnts Rec*vable Prepayments & Accrued Itorne Other Debtors lliclaim th 425 2.402 206 2.603
16 8 CREDrroRS her creditors itKludin8 t8xatioft & joc1 setslty Ac¢ntals 139 9 FUNDS Balance brout Incomin8 Resources Gainlloss on forward re8ourc¢$ ¢xpend¢d rev4luation Transfers Balance cjf eller Fund FIX Assd Fund Buildin8 Fund Fieldhowe Fund Fnist&S Bettevolent Fund 926.244 2,637,669 50.((KI 20.(K)O 78.440 ( 133.193) 68.538 6346 946.295 6,246) 1631.423 50,C(K) 20.(KM) 445 50,(K) 445 50,(KM) Ministry Devdopme Fund Totsl fid9 78 440 68 558 133 193 3 715 349 BuildiD8 Fd.. iddhouse Fund Funds desiat for the repairs and D)8intenance of the Church and Hall. The FieJdho8t Fd set up to hold legacy from Shirley Fiddh5¢ 8 lon8 StatLdin8 tnembei and offkcer of the cburcl whith was int¢nd¢d for the germl Fwose of the chwch This wmprises donation5 tobe ajloctaed at the discretion of the minister Funds deJignateAI to cover aDy emergw eo$ts thxt may be incuryoj. nisty D¢vel(yment FuDd.. This fijod is altonymc5 donations for supporting mini5ty cosls Ibut not 8eneral buildin8 running Costs) nist¢4s B¢nevolent Fund The trafisfets b&wwJ funds r¢fit jU¢$m¢jTrts in respK¢ of fixed asxts. 10 ANALYSIS OF FUNDS BY ASSET TYPE fuDd$ Tangble Fixtyj Assets Fixd Asset InVeStntS Current Assets Cr¢ditths." within on¢ ye4r 2,631,423 886,987 183,703 2,631,423 886.987 200,889 17,186 3 698 163 3 715 349
17 11 RELATED PARTY TRANSACTIONS & TRUSTEES. EXPENSES Durin8the ywthe chur¢h paid Genernl A&8embly subscriptions and meeting costs of £1,015 (2023". £NIL). The British athd Forei8n Unilarian Churth A&qoci8tion 18 & Cust(xli8n TtMLgtee of the cbarity. tkning the year trustees donated atothl of £4,937 to th¢ chity (2023." £NIL). 12 ANALYSIS OF sfAFF COSTS AND TRUSTEE REMUNTIoN AND EXPENSES 2024 2023 Wages and salwi¢5 Pension costs 43.827 The average monthly number of employees during the ye4r WAS u follows.. Minister Administrator No employees reKeiwJ emoluments in excess of £60.1)IX). P¢nsion c4>sts are 8IIoc4ted to activities in lin¢ with the stJffin8 incurred alkd ate wholly chd to unre8tri¢¢¢d fiand$. The charity trnse5 tre not paid or reuived any other knefits from employment with th¢ cljarity in the year (2023. £NIL).
JJ N CHIRCH 18 TA 13 COMPARATIVLS FOR THE STATEMENT OF FINANCIALAcrivmKs Unrestii(*ed Restrid¢d funds Total fijllds INCOME AND ENDOWMENfs FROM DOnlon1 and LeIe5 Donation from prede9ewr dllrity Othertradin8 arttvities Investments 3.684.358 17,186 3,701.544 TOTAL 3,684.358 17.186 3.701.544 EXPENDTfuRE O RaisinB fvnds Ch8ritabl¢ activities (Gain)Aoss on disposal of fixed &8sets (GaÉllNloss on revaluation of inv¢sthJet)ts TOTAL NET INCOME 3,&d4,358 17.186 3.701,544 TRANSFERS BETWEEN FUNDS NET MOVEMENT IN FUNDS 3.684.358 17,186 3,701,544 TOTAL FUNDS BROUGHT FORWARI) TOTAL FUNDS CARRIKD FORWARD 3 684358 3 701 $44