TRUSTEE’S REPORT
I begin my report on a very sad note. After deteriorating health, our much-esteemed member, David Cooke, sadly passed away in Bury Hospital in January. As my fellow warden, his passing is a personal tragedy as we spent so many hours together doing so many jobs for the benefit of our Chapel. His wide knowledge on so many subjects was also a great asset to our whole Chapel community.
With the exception of one meeting in December the others were online. The work in the kitchen is now completed and I wish to place on record the assistance of a former colleague Brian Healey who is also an interior designer for his pro bono advice on so many varied aspects of design and colour schemes for the kitchen and wider areas. The Secretary and David Cooke carried out the tiling above the work surfaces and created racks in the kitchen store.
Satisfactory quotes were obtained for the necessary sanitary ware for all the toilets and boxing in of all the pipework, lowering the ceiling and adding LED lights in the ladies’ toilets and updating the two radiators there.
The Trustees agreed to extend and erect a substantial fence on our land on the Church Street side because of encroachment by trespassers. This has now been completed. On this same subject the Secretary obtained legal advice on blocking up the gateway from an adjoining house on to our land. This was effected with a minimal charge for a labourer and I wish to place on record our thanks for the building side to Mr. Morley.
With regard to investments, the Trustees made no changes to the Chapel’s portfolio during the last financial year.
The Secretary would like to place on record his thanks for the unanimous support of members for the actions we have taken during a most difficult period.
Barry R. Brown Hon. Secretary Trustees
NAZARETH UNITARIAN CHAPEL FINANCIAL STATEMENTS for the year ended 31 December 2021
Prepared by
IAN DALZELL LTD CHARTERED ACCOUNTANTS
Broughton Lodge Mews Field Broughton Grange-over-Sands Cumbria LA11 6HL
NAZARETH UNITARIAN CHAPEL INCOME AND EXPENDITURE ACCOUNT for the year ended 31 December 2021
| 2021 | 2020 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| INCOME : | ||||
| Collections (Open & Envelopes) | 5,241 | 6,013 | ||
| Subcriptions, Donations & Grants | 17,780 | 25,060 | ||
| Bequests | - | - | ||
| Tax Reclaimed (Gift Aid) | - | - | ||
| Rentals & Function Fees Received | 8,508 | 6,599 | ||
| Musical Extravaganza Account Receipts | 225 | 32 | ||
| Event Receipts | 1,973 | 27 | ||
| 100 Club Receipts (2019 Nett Receipt) | - | - | ||
| Bank & Building Society Interest | - | - | ||
| Dividends & Investment Income | 4,557 | 4,210 | ||
| Realised Gains/(Losses) on Sale of Investments | - | - | ||
| ---------- | 38,284 | ---------- | 41,941 | |
| EXPENDITURE : | ||||
| Event, Function & Musical Extravaganza Expenses | 706 | 1,141 | ||
| Property Running Expenses (inc Caretaker Wages) | 24,863 | 19,769 | ||
| Salaries, Pensions & Preaching Fees | 18,150 | 18,187 | ||
| Subcriptions, Donations and General | ||||
| Assembly Fees & Contributions | 1,920 | 1,692 | ||
| Administrative Expenses | 917 | 807 | ||
| Repairs, Renewals & Refurbishments | 6,042 | 8,215 | ||
| Depreciation on Fixtures, Fittings & Equipment | 1,164 | 1,203 | ||
| ---------- | 53,762 | ---------- | 51,014 | |
| --------- | --------- | |||
| SURPLUS/(DEFICIT) | (15,478) | (9,073) | ||
| ====== | ====== |
NAZARETH UNITARIAN CHAPEL BALANCE SHEET as at 31 December 2021
| NAZARETH UNITARIAN CHAPEL BALANCE SHEET as at 31 December 2021 |
||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| £ | £ | £ | £ | |
| FIXED ASSETS | ||||
| Land at cost | 5,101 | 5,101 | ||
| Chapel | 1,000 | 1,000 | ||
| 95 Church Street | 13,000 | 13,000 | ||
| Car Park | 24,381 | 24,381 | ||
| Less Amount written off to Income & | ||||
| Expenditure Account | (24,381) | (24,381) | ||
| ---------- | 19,101 | ---------- | 19,101 | |
| Fixtures, Fittings & Equipment at cost | 74,145 | 74,145 | ||
| Additions | 1,006 | - | ||
| Less Depreciation at 20% p.a. to date | (70,495) | (69,331) | ||
| ---------- | 4,656 | ---------- | 4,814 | |
| --------- | --------- | |||
| 23,757 | 23,915 | |||
| INVESTMENTS | ||||
| Stocks & Shares at market value (see Note 4) | 164,268 | 147,296 | ||
| CURRENT ASSETS | ||||
| Santander (Fundraising Account) | 11,179 | 10,935 | ||
| Junior Bank Account | 23 | 23 | ||
| Barclays Current Account | 36,570 | 52,134 | ||
| --------- | --------- | |||
| 47,772 | 63,092 | |||
| CURRENT LIABILITIES | ||||
| Creditors | - | - | ||
| ---------- | 47,772 | ---------- | 63,092 | |
| --------- | --------- | |||
| 235,797 | 234,303 | |||
| ====== | ====== | |||
| FINANCED BY : | ||||
| Accumulated Fund brought forward | 205,760 | 214,833 | ||
| Surplus/(Deficit) for year | (15,478) | (9,073) | ||
| Unrealised Gains/(Losses) on Investments b/f | 28,543 | 38,660 | ||
| Unrealised Gains/(Losses) on Investments in year | 16,972 | (10,117) | ||
| Unrealised Gains/(Losses) on Investments c/f | ---------- | 45,515 | ---------- | 28,543 |
| --------- | --------- | |||
| 235,797 | 234,303 | |||
| ====== | ====== |
NAZARETH UNITARIAN CHAPEL
ACCOUNTANTS REPORT
We have prepared the above attached Income & Expenditure Account and Balance Sheet from the information and explanations supplied to us.
IAN DALZELL LTD
4 March 2022
CHARTERED ACCOUNTANTS
Broughton Lodge Mews Field Broughton Grange-over-Sands Cumbria LA11 6HL
NAZARETH UNITARIAN CHAPEL
NOTES TO THE ACCOUNTS for the year ended 31 December 2021
- Investments comprise:
| Investments comprise: | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Number of | Market | Number of | Market | |
| Shares | Value | Shares | Value | |
| £ | £ | £ | £ | |
| BMO Commercial Property Trust (cost £4,961) | 4,900 | 5,145 | 4,900 | 3,920 |
| GlaxoSmithKline (cost £5,971) | 430 | 6,908 | 430 | 5,771 |
| Henderson Far Eastern Income (cost £10,997) | 3,657 | 10,788 | 3,657 | 11,940 |
| Henderson High Income (cost £9,832) | 6,080 | 10,792 | 6,080 | 8,938 |
| Lazard Global Equity Income (cost £11,000) | 13,322 | 17,652 | 13,322 | 15,667 |
| Lloyds Banking Gp Ordinary (cost £6,844) | 8,176 | 3,908 | 8,176 | 2,979 |
| National Grid (cost £7,488) (11 for 12 08/17) | 1,176 | 12,463 | 1,176 | 10,172 |
| Liontrust Global Equity A Acc (cost £11,000) | 4,559 | 33,713 | 4,559 | 30,372 |
| Newton Global Growth & Income (cost £20,000) | 17,049 | 28,727 | 17,049 | 24,775 |
| Premier Foods (cost £6,129) | 2,000 | 2,236 | 2,000 | 2,004 |
| Royal Dutch Shell "B" (cost £7,509) | 342 | 5,544 | 342 | 4,438 |
| Schroder Real Estate Investment Trust (cost £2,171) | 5,530 | 2,959 | 5,530 | 2,157 |
| Tate & Lyle Ordinary (cost £3,304) | 903 | 5,972 | 903 | 6,090 |
| Whitbread Ordinary (cost £2,736) | 389 | 11,651 | 389 | 12,059 |
| Whitbread Ordinary (cost £2,910) | 194 | 5,810 | 194 | 6,014 |
| ---------- | ---------- | |||
| 164,268 | 147,296 | |||
| ====== | ====== |
-
During 2021 £18,000 (2020: £18,000) fees were paid to the Lancashire Collaborative Ministry.
-
Donations to charities totalling £nil (2020: £750) were made from Musical Extravaganza receipts and are included in Subscriptions, Donations, etc., paid.
-
Included in Repairs in 2020 are the remedial electrical works to bringing up the property to current standards £4,992.
| 4. Property Running Expenses (inc Caretaker Wages) comprise: Wages (including NIC and pension) Heat, Light, Power, Water + Phone Insurance Waste Removal and Cleaning Materials |
2021 £ 10,288 8,444 5,608 523 24,863 |
2020 £ 9,954 4,294 5,297 224 19,769 |
|---|---|---|
NAZARETH UNITARIAN CHAPEL FINANCIAL STATEMENTS for the year ended 31 December 2021
Prepared by
IAN DALZELL LTD CHARTERED ACCOUNTANTS
Broughton Lodge Mews Field Broughton Grange-over-Sands Cumbria LA11 6HL
NAZARETH UNITARIAN CHAPEL INCOME AND EXPENDITURE ACCOUNT for the year ended 31 December 2021
| 2021 | 2020 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| INCOME : | ||||
| Collections (Open & Envelopes) | 5,241 | 6,013 | ||
| Subcriptions, Donations & Grants | 17,780 | 25,060 | ||
| Bequests | - | - | ||
| Tax Reclaimed (Gift Aid) | - | - | ||
| Rentals & Function Fees Received | 8,508 | 6,599 | ||
| Musical Extravaganza Account Receipts | 225 | 32 | ||
| Event Receipts | 1,973 | 27 | ||
| 100 Club Receipts (2019 Nett Receipt) | - | - | ||
| Bank & Building Society Interest | - | - | ||
| Dividends & Investment Income | 4,557 | 4,210 | ||
| Realised Gains/(Losses) on Sale of Investments | - | - | ||
| ---------- | 38,284 | ---------- | 41,941 | |
| EXPENDITURE : | ||||
| Event, Function & Musical Extravaganza Expenses | 706 | 1,141 | ||
| Property Running Expenses (inc Caretaker Wages) | 24,863 | 19,769 | ||
| Salaries, Pensions & Preaching Fees | 18,150 | 18,187 | ||
| Subcriptions, Donations and General | ||||
| Assembly Fees & Contributions | 1,920 | 1,692 | ||
| Administrative Expenses | 917 | 807 | ||
| Repairs, Renewals & Refurbishments | 6,042 | 8,215 | ||
| Depreciation on Fixtures, Fittings & Equipment | 1,164 | 1,203 | ||
| ---------- | 53,762 | ---------- | 51,014 | |
| --------- | --------- | |||
| SURPLUS/(DEFICIT) | (15,478) | (9,073) | ||
| ====== | ====== |
NAZARETH UNITARIAN CHAPEL BALANCE SHEET as at 31 December 2021
| NAZARETH UNITARIAN CHAPEL BALANCE SHEET as at 31 December 2021 |
||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| £ | £ | £ | £ | |
| FIXED ASSETS | ||||
| Land at cost | 5,101 | 5,101 | ||
| Chapel | 1,000 | 1,000 | ||
| 95 Church Street | 13,000 | 13,000 | ||
| Car Park | 24,381 | 24,381 | ||
| Less Amount written off to Income & | ||||
| Expenditure Account | (24,381) | (24,381) | ||
| ---------- | 19,101 | ---------- | 19,101 | |
| Fixtures, Fittings & Equipment at cost | 74,145 | 74,145 | ||
| Additions | 1,006 | - | ||
| Less Depreciation at 20% p.a. to date | (70,495) | (69,331) | ||
| ---------- | 4,656 | ---------- | 4,814 | |
| --------- | --------- | |||
| 23,757 | 23,915 | |||
| INVESTMENTS | ||||
| Stocks & Shares at market value (see Note 4) | 164,268 | 147,296 | ||
| CURRENT ASSETS | ||||
| Santander (Fundraising Account) | 11,179 | 10,935 | ||
| Junior Bank Account | 23 | 23 | ||
| Barclays Current Account | 36,570 | 52,134 | ||
| --------- | --------- | |||
| 47,772 | 63,092 | |||
| CURRENT LIABILITIES | ||||
| Creditors | - | - | ||
| ---------- | 47,772 | ---------- | 63,092 | |
| --------- | --------- | |||
| 235,797 | 234,303 | |||
| ====== | ====== | |||
| FINANCED BY : | ||||
| Accumulated Fund brought forward | 205,760 | 214,833 | ||
| Surplus/(Deficit) for year | (15,478) | (9,073) | ||
| Unrealised Gains/(Losses) on Investments b/f | 28,543 | 38,660 | ||
| Unrealised Gains/(Losses) on Investments in year | 16,972 | (10,117) | ||
| Unrealised Gains/(Losses) on Investments c/f | ---------- | 45,515 | ---------- | 28,543 |
| --------- | --------- | |||
| 235,797 | 234,303 | |||
| ====== | ====== |
NAZARETH UNITARIAN CHAPEL
ACCOUNTANTS REPORT
We have prepared the above attached Income & Expenditure Account and Balance Sheet from the information and explanations supplied to us.
IAN DALZELL LTD
4 March 2022
CHARTERED ACCOUNTANTS
Broughton Lodge Mews Field Broughton Grange-over-Sands Cumbria LA11 6HL
NAZARETH UNITARIAN CHAPEL
NOTES TO THE ACCOUNTS for the year ended 31 December 2021
- Investments comprise:
| Investments comprise: | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Number of | Market | Number of | Market | |
| Shares | Value | Shares | Value | |
| £ | £ | £ | £ | |
| BMO Commercial Property Trust (cost £4,961) | 4,900 | 5,145 | 4,900 | 3,920 |
| GlaxoSmithKline (cost £5,971) | 430 | 6,908 | 430 | 5,771 |
| Henderson Far Eastern Income (cost £10,997) | 3,657 | 10,788 | 3,657 | 11,940 |
| Henderson High Income (cost £9,832) | 6,080 | 10,792 | 6,080 | 8,938 |
| Lazard Global Equity Income (cost £11,000) | 13,322 | 17,652 | 13,322 | 15,667 |
| Lloyds Banking Gp Ordinary (cost £6,844) | 8,176 | 3,908 | 8,176 | 2,979 |
| National Grid (cost £7,488) (11 for 12 08/17) | 1,176 | 12,463 | 1,176 | 10,172 |
| Liontrust Global Equity A Acc (cost £11,000) | 4,559 | 33,713 | 4,559 | 30,372 |
| Newton Global Growth & Income (cost £20,000) | 17,049 | 28,727 | 17,049 | 24,775 |
| Premier Foods (cost £6,129) | 2,000 | 2,236 | 2,000 | 2,004 |
| Royal Dutch Shell "B" (cost £7,509) | 342 | 5,544 | 342 | 4,438 |
| Schroder Real Estate Investment Trust (cost £2,171) | 5,530 | 2,959 | 5,530 | 2,157 |
| Tate & Lyle Ordinary (cost £3,304) | 903 | 5,972 | 903 | 6,090 |
| Whitbread Ordinary (cost £2,736) | 389 | 11,651 | 389 | 12,059 |
| Whitbread Ordinary (cost £2,910) | 194 | 5,810 | 194 | 6,014 |
| ---------- | ---------- | |||
| 164,268 | 147,296 | |||
| ====== | ====== |
-
During 2021 £18,000 (2020: £18,000) fees were paid to the Lancashire Collaborative Ministry.
-
Donations to charities totalling £nil (2020: £750) were made from Musical Extravaganza receipts and are included in Subscriptions, Donations, etc., paid.
-
Included in Repairs in 2020 are the remedial electrical works to bringing up the property to current standards £4,992.
| 4. Property Running Expenses (inc Caretaker Wages) comprise: Wages (including NIC and pension) Heat, Light, Power, Water + Phone Insurance Waste Removal and Cleaning Materials |
2021 £ 10,288 8,444 5,608 523 24,863 |
2020 £ 9,954 4,294 5,297 224 19,769 |
|---|---|---|