# **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **REPORT OF THE TRUSTEES** ## **AND** ## **STATEMENT OF ACCOUNTS** **FOR THE YEAR ENDED 31 MARCH 2021** **CHARITY NUMBER 235642** ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **CONTENTS** ||**Page**| |---|---| |Legal and Administrative Information|1| |Report of the Trustees|2| |Report by the Chapel Chairperson|3| |Summary of Receipts and Payments|4| |Chapel Account|5-6| |Trustees' General Account|7| |Great Meeting Sunday School Fund|8| |Arthur Hydon Organ and Music Fund|8| |Holding Account|9| |Publicity Account|9| |Henshaw Chapel Repair Fund|9| |Manse Maintenance Fund|10| |Craft Class Fund|10| |Brewin Dolphin Accounts|11| |Brewin Dolphin Fabric Fund|11| |Brewin Dolphin Stipend Fund|11| |Statement of Assets|12| |Property and Investments held by Trustees|13| |Investments - Brewin Dolphin Portfolio|14-15| |Accounting Policies|16| |Independent Examiner's Report to Trustees|17| |Supplementary Information:-|| |Subscribers and Gift Aid Subscribers|18| |Friends of The Great Meeting Unitarian Chapel Hinckley|19| |Bequests|20| ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2021** ## **Name and Registry Number** The name of the Charity is The Great Meeting Unitarian Chapel, Hinckley and the Charity Commission Number is 235642. ## **Address** The correspondence address is 37 Duport Road, Hinckley, Leicestershire, LE10 2RN. ## **Governing Document and Rules** The Governing Document is a Trust Deed. The primary duty of the Trustees is to execute the Trust in accordance with it's terms, which are set out in the original Trust Deed. This created the Trust by which the land and buildings belonging to the Chapel were given to the Trustees for use as a Meeting House or place for the execution of religious worship of Protestant dissenters. The present rules were adopted in June 2005. ## **Object of the charity** The object of the Charity is the advancement of Unitarianism in Hinckley. ## **Trustees** The Trustees at 31 March 2021, all of whom have acted as Trustees throughout the year, are:- Eric L Oliver Christine M Everton (Chapel Treasurer) Geoffrey H Oliver (Secretary to the Trustees) Kathryn M Cross Hugh A Beavin Margaret R Horton Patricia Holbrook (Treasurer to the Trustees) V Jane Russell Gillian F Hague Cyril Taylor Michael W Everton New Trustees are appointed and approved by those still in office. ## **Bankers** HSBC Bank PLC, 10 Market Place, Hinckley, Leicestershire, LE10 1NU ## **Investment Advisors** Brewin Dolphin, Waterfront House, Waterfront Plaza, 35 Station Street, Nottingham, NG2 3DQ, 0115 852 5580 ## **Independent Examiner** Mrs K Wright FCCA Integra Accounting Limited 5 Station Road Hinckley Leicestershire LE10 1AW 1 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** ## **Summary of the main activities undertaken in relation to the objects of the charity** The Trustees are an independent body working in conjunction with the Chapel Committee and the Minister. Their responsibilities include the upkeep and the improvement of the Chapel premises, the support of the ministry and the regulating and maintenance of funds and investments. ## **Summary of the main achievements of the charity during the year and future aims** Due to the National Restrictions, because of the Covid 19 Pandemic, the Trustees have not been able to hold their normal quarterly meetings but have kept in touch by email and telephone, in order to ensure that the usual business, and any exceptional matters, have been dealt with. A major concern was the discovery, in September, of rainwater getting into the upper schoolroom. This was especially disappointing after the extensive refurbishment of the roofs and gullies that was carried out by Bonsers in late 2019. Bonsers worked with the Trustees to find the source of this leak, making at least five visits to modify suspected areas until the leak was finally cured at the beginning of December. The Trustees, in agreement with the Chapel Committee, have for the time being suspended grants to the Chapel Account, which were made to assist with ministerial expenses. These grants will resume as and when they are required again. ## **Financial Review** The statement of financial activities shows a drop in overall income for the year of around 22%, mainly due to the lower investment dividends, reduced bank interest and the lack of activity within the Chapel. Some of this is offset by reduced expenditure due also to the lack of activity and by the fact that there have been no major projects during this year. The Chapel Account was the worst hit but managed to end the year with only a 4% reduction in its total funds. Surprisingly, during this period, the ‘market value’ of our combined investments rose by nearly 30%, resulting in an overall increase of our ‘total assets’ of 23%. The Trustees are confident that they have sufficient funds available for future projects and further investment to offset inflation whilst maintaining sufficient reserves. ## **Policy on Reserves** The Trustees, whilst not having a formal reserves policy, are aware of the need to have available sufficient income and funds to finance the Charity adequately for the foreseeable future. ## **Public Benefit** The Trustees have noted the advice provided by the Charities Commission with regard to the need for religious charities to exhibit a recognition of the public good, to which they ought to contribute. They consider that the support of the Great Meeting Chapel as a moral force near the centre of Hinckley, open to all for religious services, supporting the institute of marriage and as a meeting place for many community based activities, accords with their responsibilities in that regard. ## **I declare, in my capacity as Charity Trustee that:** - the Trustees have approved the report above - have authorised me to sign it on their behalf G H Oliver Trustee Secretary 2 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **REPORT BY THE CHAPEL CHAIRPERSON FOR THE YEAR ENDED 31 MARCH 2021** At the end of last year's report I referred briefly to the arrival of the pandemic and the closure of the chapel and all its activities. Little did we realise then that this situation would still be affecting us a year later. The last service was held on 15 March 2020. It wasn't until the autumn that the committee started to discuss the possibility of resuming services at the chapel. In conjunction with the trustees, a risk assessment was carried out and PPE and other materials were obtained to comply with government regulations. A service planned for November had to be cancelled because of further restrictions, but a service was able to take place on 20 December with a Christmas theme. Since then we have managed to arrange a service on the third Sunday of each month, which has worked well. We have followed all the guidelines with regard to social distancing, mask-wearing etc. in chapel, and it was always appreciated that not all members would wish to attend until they felt able and safe to do so. Nevertheless it was good to be back in chapel after such a long absence, and see familiar faces. On the Sundays when we were not meeting, some members tuned in to online services from other chapels held by Zoom, especially from Mansfield, where the Rev Maria Pap always gave us a warm welcome. A District meeting took place online in October 2020 with the GA Chief Officer as guest speaker. Although the chapel committee has not been able to meet in person during the year, we have kept in touch by phone and email, to discuss items of business as necessary. We were able to send a good donation to the West Leicestershire Community First Responders, which had been our charity for January to March 2020. Subsequent donations were also sent to the other charities that we had already chosen for the year: the Send a Child to Hucklow Fund, Hinckley Homeless Group (Lawrence House) and Leicester Hospitals Charity (Renal Fund). We believe it is important to support local and national charities where we are able. We are grateful to Christine Everton for her continuing work as chapel treasurer. Our indefatigable secretary, Eric Oliver, continued to prepare the monthly calendar (a very important means of communication for members), using most attractive photographs on the cover. He also made sure that the chapel was ready and safe when monthly services resumed. We are very grateful to him for all his work, and to Roger Oxley for keeping the grounds tidy, to Margaret Horton for sending out The Inquirer and to all the other volunteers who put so much time in to keep the chapel going. During the year we did receive one enquiry from an experienced minister about the vacant pulpit, and the Search Committee followed this up diligently. However, while discussions were continuing he informed us that he had decided to accept another appointment. Very sadly a number of members and friends have died during the year: Pat Tyrrell on 8 April, Robert Hodges on 11 April, George Hoult on 21 May, Freda Grayson on 16 September, Jose McCulloch on 6 December and David Russell on 20 January 2021. Funeral services for Freda, Jose and David took place at the chapel observing Covid guidelines. A wedding was able to take place on 24 October 2020, conducted by Dr Jane Russell. For obvious reasons the September heritage events were not able to take place. Nevertheless Mike Everton was able to put together an excellent presentation entitled 'Connections: the Atkins Family and the Great Meeting Chapel' which will be found on the Atkins Building website: www.atkinsbuilding.co.uk/gallery/exhibition/robert-atkins-story - much of this material came from the chapel archives. There are photos of members of the Atkins family, of their memorials in chapel and other items relating to the history of the chapel. In November 2022 we will mark three hundred years since the opening of our wonderful old building. Clearly this has been a very difficult year for all of us, and we hope it is not too long before normal activities can resume. Perhaps one trend that may continue after the pandemic is the use of online worship to reach people in different ways, and I think this is something that we should be aware of for the future. Mr Howard Hague, Chapel Chairperson 3 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **SUMMARY OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 MARCH 2021** |**Incoming Resources**
**Incoming resources from**
**generated funds**
Donations, legacies and similar receipts
Activities for generating funds
Rents received
Dividends & interest received
**Total Incoming Resources**
**Resources Expended -**
**Costs of generating funds**
Subscriptions and donations
Activities directly related to
work of the church
Chapel expenses
Houses expenses
Manse expenses
Administration costs
Investment management costs
Other costs
**Total Resources Expended**
**Net incoming resources**
**before transfers**
Transfer from other funds
Transfer to other funds
**Net incoming resources before**
**other recognised gains and losses**
**Gains/(losses) on investment assets**
Realised gains
Unrealised (losses)/gains
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|Chapel
General
Account
Fund
4,902.61
1,400.00
-
14,502.00
58,546.81
4,902.61
74,448.81
1,445.00
6,455.61
5,795.20
2,629.94
533.17
1,560.00
11,085.74
30.00
8,463.78
21,070.88
(3,561.17)
53,377.93
700.00
2,784.28
2,861.17
-
56,162.21
47,110.21
404,422.02
**Unrestricted Funds**|Sunday
Holding
Publicity
Craft
Fabric
Stipend
School
Account
Account
Class
Fund
Fund
-
379.05
3.93
0.39
4.46
2,768.96
2,137.96
379.05
3.93
0.39
4.46
2,768.96
2,137.96
-
-
-
-
-
-
-
-
379.05
3.93
0.39
4.46
2,768.96
2,137.96
(2,784.28)
-
379.05
3.93
0.39
4.46
(15.32)
2,137.96
4,268.69
2,578.55
1,944.06
19,896.04
8,635.61
**Unrestricted Funds - Designated**|Henshaw
Manse
Arthur Hydon
Chapel Repair Maintenance Organ & Music
389.15
4,315.57
741.05
389.15
4,315.57
741.05
-
-
-
389.15
4,315.57
741.05
(700.00)
389.15
4,315.57
41.05
2,236.02
18,524.51
4,335.39
**Restricted Funds**|**Total**
**Total**
**2021**
**2020**
6,302.61
11,067.55
-
5,091.46
14,502.00
14,400.00
69,287.33
84,792.30| |---|---|---|---|---| |||||90,091.94
115,351.31| |||||1,445.00
3,580.00
6,455.61
13,785.31
5,795.20
46,767.88
2,629.94
4,901.18
-
-
2,093.17
1,920.27
11,085.74
11,293.75
30.00
120.00| |||||29,534.66
82,368.39| |||||60,557.28
32,982.92
3,484.28
10,922.56
(3,484.28)
(10,922.56)| |||||60,557.28
32,982.92
53,957.45
11,523.88
459,993.65
(327,075.22)| ||2,861.17
-
507,694.44
79,357.89
2,052,076.67
76,496.72
2,559,771.11|2,323.11
3.93
0.39
4.46
24,149.41
13,352.12
16,430.50
4,625.73
453.90
2,230.64
104,419.62
63,807.33
18,753.61
4,629.66
454.29
2,235.10
128,569.03
77,159.45|2,625.17
22,840
4,376.44
19,072.63
111,791.75
22,697.58
21,697.80
134,631.83
27,074.02|574,508
(282,568.42)
2,476,964.24
2,759,532.66| |||||3,051,472.62
2,476,964.24| 4 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** **CHAPEL ACCOUNT (UNRESTRICTED FUNDS) FOR THE YEAR ENDED 31 MARCH 2021** |**Opening balance at bank**
**Receipts**
**Donations, legacies and other similar receipts**
Grants: Craft Class, Quilt & Textiles
Donations
Cash collections
Carol service
Gift Aid collections
Envelope collections
Subscriptions
Gift Aid subscriptions
Income Tax repayment
Funeral fees and collections
Wedding fees and collections
Calendar fund
Inquirer subs
Miscellaneous
Rites of Passage fund
**Operating activities to generate funds**
Use of rooms
Air Ambulance
Monton Unitarian Chapel
Lymphoma Association
Macmillan Cancer Support
Send a Child to Hucklow
Rainbows Hospice
Hinckley Mencap
Smile Train
Carried forward (page 6)|**2021**
79,357.89
-
591.00
421.00
-
94.00
112.00
595.00
1,387.00
542.61
300.00
385.00
50.00
270.00
35.00
120.00
4,902.61
-
-
-
-
-
-
-
-
-
-|**2020**
**Payments**
74,584.82
**Subscriptions and donations**
Subscriptions:
E.M.U. (inc. donation)
Donations:
1st Responders
Air Ambulance
British Heart Foundation
250.00
Send a Child to Hucklow
2,193.11
Lawrence House
2,660.90
Lymphoma Association
210.00
Macmillan Cancer Support
1,548.40
Rainbows Hospice
619.00
Hinckley Mencap
180.00
Smile Train
620.00
Monton Unitarian Chapel
587.49
Unitarian College
1,080.00
Prostaid
408.00
The Enquirer
76.37
Leics Hospital Charities-Kidney
300.00
334.28
11,067.55
900.00
97.00
**Activities directly relating to the work of the chapel**
82.10
Chapel telephone
224.00
Pulpit supplies
200.00
Organists
376.56
Delegate & course fees and expenses
125.00
Gas
450.83
Electricity
733.97
Chapel water rates
3,189.46
Carried forward (page 6)|**2021**
75.00
500.00
-
-
200.00
200.00
120.00
-
-
-
-
-
150.00
-
-
200.00
1,445.00
-
-
195.00
-
3,399.52
679.00
127.20
4,400.72|**2020**
50.00
-
100.00
200.00
400.00
210.00
120.00
200.00
125.00
475.00
750.00
100.00
250.00
500.00
100.00
-| |---|---|---|---|---| |||||3,580.00| |||||311.88
3,121.61
1,080.00
292.00
3,605.30
650.27
107.88| |||||9,168.94| 5 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **CHAPEL ACCOUNT (UNRESTRICTED FUND) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021** |**Receipts (continued)**
**Opening balance at bank**
**Operating activities to generate funds (continued)**
Brought forward (page 5)
Unitarian College
Community First Responders
Gresley Choir Concert
Prostaid
**Other receipts**
C.O.I.F. (Transfer from A Hydon Fund)
Transfers from Trustees General Account
Transfer from Holding Fund (Benches)
**Total receipts**|-
-
-
-
-|**2021**
79,357.89
5,602.61|3,189.46
136.64
497.95
170.00
10.00|**2020**
**Payments (continued)**
**2021**
74,584.82
**Activities directly relating to the work of the chapel (continued)**
Brought forward (page 5)
4,400.72
Organ maintenance
-
Inquirer subs
330.00
G.A. Quota
1,190.00
General maintenance
89.89
Cleaning materials
-
Rights of passage payments
445.00
Miscellaneous
-
6,455.61
**Costs of generating funds**
Performing Right Society
128.40
**Chapel management & administration**
Postage and stationery
404.77
Printing
-
404.77
**Other payments**
In memory
30.00
Gifts
-
30.00
**Total payments**
8,463.78
21,671.60
**Closing balance at bank**
76,496.72
96,256.42
84,960.50|**2020**
9,168.94
178.30
330.00
1,190.00
99.35
256.73
840.00
570.94| |---|---|---|---|---|---| ||-||4,004.05||| ||||||12,634.26| ||700.00
-
-||-
6,600.00
-||| ||||||124.80
122.47
317.00| ||700.00||6,600.00||| ||||||| ||||||439.47| ||||||90.00
30.00| ||||||120.00| ||||||16,898.53
79,357.89| |||84,960.50|||| ||||||| ||||||96,256.42| 6 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **TRUSTEES' GENERAL ACCOUNT (UNRESTRICTED FUNDS) FOR THE YEAR ENDED 31 MARCH 2021** |**Opening balances at bank**
Current account
Deposit account
Building Society account
**Receipts**
Rents
**Dividends**
C.O.I.F.
Charifund
Charifund bequests
Brewin Dolphin income:
Stipend fund
Fabric fund
**Interest**
Bank interest
Building society interest
**Miscellaneous**
Bequest
**Total receipts**|34,875.98
304.32
123,761.45|**2021**
158,941.75
45,099.07|44,721.69
303.72
123,145.72|**2020**
**Payments**
Donations - Chapel account
**Chapel expenses**
168,171.13
Insurance
Repairs and maintenance
Lift - BT & maintenance
Miscellaneous
**Houses**
Insurance
Rent collection
Repairs and refurbishments
**Administration**
Independent examiners' fee
**Investments**
Charifund bequests
Berwin Dolphin
**Total payments**
**Closing balances at bank**
Current account
Deposit account
Building Society account
50,395.68
218,566.81|3,333.94
1,303.10
832.62
325.54|**2021**
-
5,795.20
2,629.94
1,560.00
400.00
100,000.00|3,168.33
42,634.69
781.26
183.60|**2020**
6,600.00
46,767.88
4,901.18
1,356.00
-
-| |---|---|---|---|---|---|---|---|---| ||14,502.00
8,578.06
13,578.95
3,918.53
-
2,784.28||14,400.00
8,409.32
17,578.94
5,068.53
501.72
3,820.84|||||| ||||||643.94
1,392.00
594.00||619.58
1,382.40
2,899.20|| ||||||68,252.66
304.43
25,098.59||34,875.98
304.32
123,761.45|| ||28,859.82
0.11
337.14||35,379.35
0.60
615.73|||||| ||337.25
1,400.00||616.33
-|||||| |||||||110,385.14
93,655.68||59,625.06
158,941.75| |||||||||| |||204,040.82||||204,040.82||218,566.81| 7 **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **GREAT MEETING SUNDAY SCHOOL FUND (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2021** |**Opening balance**
Building society and cash
**Receipts**
C.O.I.F. dividends
Charifund dividends
Bank interest|219.26
153.51
6.28|**2021**
7,378.15
379.05|214.94
198.73
10.53|**2020**
**Payments**
6,953.95
Childrens activities
**Closing balance**
Building society and cash
424.20
7,378.15|**2021**
-
7,757.20
7,757.20|**2020**
-
7378.15| |---|---|---|---|---|---|---| |||||||| |||7,757.20||||7,378.15| ## **Investments at 31 March 2021** 238 units in Charifund - Market value £3,504.34 (2020: £2,845.22) 418.75 units in C.O.I.F. - Market value £7,492.07 (2020: £6,207.13) ## **ARTHUR HYDON ORGAN AND MUSIC FUND (RESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2021** |**Opening balance at bank**
**Receipts**
C.O.I.F. dividends
739.78
Bank interest
1.27|**Opening balance at bank**
**Receipts**
C.O.I.F. dividends
739.78
Bank interest
1.27|**2021**
1,754.61
741.05|725.23
1.31|**2020**
1,028.07
**Payments**
Transfer to Chapel Account
towards organists' fees
726.54
**Closing balance at bank**
1,754.61|**2021**
700.00
1,795.66
2,495.66|**2020**
-
1,754.61| |---|---|---|---|---|---|---| |||||||| |||2,495.66||||1,754.61| ## **Investments at 31 March 2021** 1,412.87 units in C.O.I.F. - Market value £25,278.36 (2020: £20,942.97) 8 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **HOLDING ACCOUNT (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2021** ||**2021**|**2020**||**2021**|**2020**| |---|---|---|---|---|---| |**Opening balance**|||||| |Building society and cash|4,625.73|4,618.80|||| |**Receipts**|||**Closing balance**||| |Bank interest|3.93|6.93|Building society and cash|4,629.66|4,625.73| ||4,629.66|4,625.73||4,629.66|4,625.73| |**PUBLICITY ACCOUNT (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2021**|||||| ||**2021**|**2020**||**2021**|**2020**| |**Opening balance**|||||| |Building society|453.90|453.22|||| |**Receipts**|||**Closing balance**||| |Bank interest|0.39|0.68|Building society|454.29|453.90| ||454.29|453.90||454.29|453.90| |**HENSHAW CHAPEL REPAIR FUND (RESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH**|||||**2021**| ||**2021**|**2020**||**2021**|**2020**| |**Opening balance**|||||| |Building society|8,271.11|7,889.40|||| |**Receipts**|||||| |COIF dividends|381.56|374.05|**Closing balance**||| |Bank interest|7.59|7.66|Building society|8,660.26|8,271.11| ||8,660.26|8,271.11||8,660.26|8,271.11| ## **Investments at 31 March 2021** 728.70 units in C.O.I.F. - Market value £13,037.54 (2020: £10,801.52) 9 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** **MANSE MAINTENANCE FUND (RESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2021** |**Opening balance**
Current account
Deposit account
**Receipts**
Charifund dividends
Deposit account interest|29,792.10
2,034.66|**2021**
31,826.76
4,315.57|24,206.47
2,030.58|**2020**
26,237.05
**Closing balance**
Current account
Deposit account
5,589.71
31,826.76|34,106.74
2,035.59|**2021**
36,142.33|29,792.10
2,034.66|**2020**
31,826.76| |---|---|---|---|---|---|---|---|---| ||4,314.64
0.93||5,585.63
4.08|||||| |||||||||| |||36,142.33||||36,142.33||31,826.76| ## **Investments at 31 March 2021** 6,689 units in Charifund - Market value £98,489.50 (2020: £79,964.99) ## **CRAFT CLASS FUND (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2021** |**Opening balance**
Building society
Cash in hand
**Receipts**
Deposit account interest
Subscriptions
Non member social payments
Craft sales and donations|1,884.05
346.59|**2021**
2,230.64
4.46|1,909.05
385.23|**2020**
**Payments**
Materials
Chapel funds donation
2,294.28
Christmas meal
Outing
Flowers in memory
**Closing balance**
Building society
Cash in hand
1,087.41
3,381.69|-
-
-
-
-|**2021**
-
2,235.10|227.26
250.00
268.79
380.00
25.00|**2020**
1,151.05
2,230.64| |---|---|---|---|---|---|---|---|---| ||4.46
-
-
-||-
423.00
287.00
377.41|||||| ||||||2,188.51
46.59||1,884.05
346.59|| |||||||||| |||||||||| |||2,235.10||||2,235.10||3,381.69| 10 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** **BREWIN DOLPHIN ACCOUNT (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2021** |**Opening balance**
Deposit account
Income account
**Receipts**
Dividends
Deposit account interest
Disposal of investments
Trustees account transfer|44,329.69
1,929.33|**2021**
46,259.02
462,555.07|39,648.13
2,645.38|**2020**
**Payments**
Nominee and admin fee
Purchase of investments
42,293.51
**Closing balance**
Deposit account
Income account
343,977.04
386,270.55|11,085.74
442,200.94|**2021**
453,286.68
55,527.41|11,293.75
328,717.78|**2020**
340,011.53
46,259.02| |---|---|---|---|---|---|---|---|---| ||32,117.89
16.13
330,421.05
100,000.00||39,752.28
149.55
304,075.21
-||53,945.85
1,581.56||44,329.69
1,929.33|| |||||||||| |||||||||| |||508,814.09||||508,814.09||386,270.55| ## **BREWIN DOLPHIN FABRIC FUND (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2021** |**Opening balance**
Income account
Deposit account
**Receipts**
Dividends
Deposit account interest
Disposal of investments|61.97
4,740.72|**2021**
4,802.69
32,256.74|231.55
3,247.19|**2020**
**Payments**
Trustees account transfer
Purchase of investments
3,478.74
**Closing balance**
Income account
Deposit account
26,798.78
30,277.52|2,784.28
28,412.54|**2021**
31,196.82
5,862.61|3,820.84
21,653.99|**2020**
25,474.83
4,802.69| |---|---|---|---|---|---|---|---|---| ||2,767.14
1.82
29,487.78||3,637.96
13.30
23,147.52||46.65
5,815.96||61.97
4,740.72|| |||||||||| |||||||||| |||37,059.43||||37,059.43||30,277.52| ## **BREWIN DOLPHIN STIPEND FUND (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2021** |**Opening balance**
Income account
Deposit account
**Receipts**
Dividends
Deposit account interest
Disposal of investments|44.60
3,892.91|**2021**
3,937.51
22,011.63|200.44
1,780.27|**2020**
**Payments**
Purchase of investments
Trustees account transfer
1,980.71
**Closing balance**
Income account
Capital account
14,378.37
16,359.08|22,253.09
-|**2021**
22,253.09
3,696.05|11,919.85
501.72|**2020**
12,421.57
3,937.51| |---|---|---|---|---|---|---|---|---| ||2,136.56
1.40
19,873.67||2,428.07
8.25
11,942.05||33.09
3,662.96||44.60
3,892.91|| |||||||||| |||25,949.14||||25,949.14||16,359.08| 11 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **STATEMENT OF ASSETS FOR THE YEAR ENDED 31 MARCH 2021** |**Investments**
**Current Assets**
Cash at bank and in hand
**Funds**
Restricted Funds
Henshaw Chapel Repair Fund
Manse Maintenance Fund
Arthur Hydon Organ & Music Fund
Unrestricted Fund
General
Chapel Account
Trustees & General Fund
Designated
Great Meeting Sunday School
Holding Account
Publicity Account
Craft Class
Fabric Fund
Stipend Fund||Investments
13,037.54
98,489.50
25,278.36|Bank & Cash
8,660.26
21,697.80
36,142.33
134,631.83
1,795.66
27,074.02|**2021**
**2020**
2,754,559.65
2,127,124.48
296,912.97
349,839.76| |---|---|---|---|---| |||||3,051,472.62
2,476,964.24| |||||183,403.65
153,561.96
2,636,267.83
2,131,434.56
231,801.14
191,967.72| |||136,805.40|46,598.25
76,496.72
76,496.72
149,183.09
2,559,771.11|| |||-
2,410,588.02||| |||2,410,588.02|225,679.81
7,757.20
18,753.61
4,629.66
4,629.66
454.29
454.29
2,235.10
2,235.10
5,862.61
128,569.03
3,696.05
77,159.45|| |||10,996.41
-
-
-
122,706.42
73,463.40||| |||207,166.23|24,634.91|| |||||| |||||3,051,472.62
2,476,964.24| ……………………………………… P Holbrook Treasurer to the Trustees 12 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **PROPERTY AND INVESTMENTS HELD BY TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021** |**Property**
Chapel
-
Baines Lane, Hinckley
Retained for Charity's use
3 Houses
-
Baines Lane, Hinckley
Investment property earning
rental income
**Investments**
**Cost**
**Market value**
Brewin Dolphin Portfolio
(per schedule page 14)
1,426,737.17
1,717,692.74
Brewin Dolphin Portfolio - Fabric Fund
(per schedule page 15)
114,482.05
122,706.42
Brewin Dolphin Portfolio - Stipend Fund
(per schedule page 15)
70,188.24
73,463.40
1,611,407.46
1,913,862.56
**Charifund**
**Value per unit**
Trustees Account
21,052.632 units
£14.7241
309,981.06
Manse Maintenance Fund
6689
£14.7241
98,489.50
Great Meeting Sunday School Fund
238 units
£14.7241
3,504.34
Bequest
6098.876
£14.7241
89,800.46
**C.O.I.F. Charities Investment Fund**
**Value per unit**
Trustees Account
16,382.85 units
£17.8915
293,113.76
Arthur Hydon Organ & Music Fund
1,412.87 units
£17.8915
25,278.36
Henshaw Chapel Repair Fund
728.70 units
£17.8915
13,037.54
Great Meeting Sunday School Fund
418.75 units
£17.8915
7,492.07
**Total Market Value of Investments at 31 March 2021**
2,754,559.65|**Property**
Chapel
-
Baines Lane, Hinckley
Retained for Charity's use
3 Houses
-
Baines Lane, Hinckley
Investment property earning
rental income
**Investments**
**Cost**
**Market value**
Brewin Dolphin Portfolio
(per schedule page 14)
1,426,737.17
1,717,692.74
Brewin Dolphin Portfolio - Fabric Fund
(per schedule page 15)
114,482.05
122,706.42
Brewin Dolphin Portfolio - Stipend Fund
(per schedule page 15)
70,188.24
73,463.40
1,611,407.46
1,913,862.56
**Charifund**
**Value per unit**
Trustees Account
21,052.632 units
£14.7241
309,981.06
Manse Maintenance Fund
6689
£14.7241
98,489.50
Great Meeting Sunday School Fund
238 units
£14.7241
3,504.34
Bequest
6098.876
£14.7241
89,800.46
**C.O.I.F. Charities Investment Fund**
**Value per unit**
Trustees Account
16,382.85 units
£17.8915
293,113.76
Arthur Hydon Organ & Music Fund
1,412.87 units
£17.8915
25,278.36
Henshaw Chapel Repair Fund
728.70 units
£17.8915
13,037.54
Great Meeting Sunday School Fund
418.75 units
£17.8915
7,492.07
**Total Market Value of Investments at 31 March 2021**
2,754,559.65|**Property**
Chapel
-
Baines Lane, Hinckley
Retained for Charity's use
3 Houses
-
Baines Lane, Hinckley
Investment property earning
rental income
**Investments**
**Cost**
**Market value**
Brewin Dolphin Portfolio
(per schedule page 14)
1,426,737.17
1,717,692.74
Brewin Dolphin Portfolio - Fabric Fund
(per schedule page 15)
114,482.05
122,706.42
Brewin Dolphin Portfolio - Stipend Fund
(per schedule page 15)
70,188.24
73,463.40
1,611,407.46
1,913,862.56
**Charifund**
**Value per unit**
Trustees Account
21,052.632 units
£14.7241
309,981.06
Manse Maintenance Fund
6689
£14.7241
98,489.50
Great Meeting Sunday School Fund
238 units
£14.7241
3,504.34
Bequest
6098.876
£14.7241
89,800.46
**C.O.I.F. Charities Investment Fund**
**Value per unit**
Trustees Account
16,382.85 units
£17.8915
293,113.76
Arthur Hydon Organ & Music Fund
1,412.87 units
£17.8915
25,278.36
Henshaw Chapel Repair Fund
728.70 units
£17.8915
13,037.54
Great Meeting Sunday School Fund
418.75 units
£17.8915
7,492.07
**Total Market Value of Investments at 31 March 2021**
2,754,559.65| |---|---|---| ||1,611,407.46|1,913,862.56
309,981.06
98,489.50
3,504.34
89,800.46
293,113.76
25,278.36
13,037.54
7,492.07| ||**Value per unit**
£14.7241
£14.7241
£14.7241
£14.7241
**Value per unit**
£17.8915
£17.8915
£17.8915
£17.8915|| |||2,754,559.65| 13 **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **INVESTMENTS - BREWIN DOLPHIN PORTFOLIO FOR THE YEAR ENDED 31 MARCH 2021** |**General Fund**
3,850
25 cent US Ordinary
BP
2,000
25p Ordinary
Glaxo Smithkline
400
10 10/19p Ordinary
Reckitt Benckiser
900
3.1p Ordinary
Unilever
36,316
Units
Henderson JH Preference Bond
15,000
1p Ordinary
J P Morgan GL EM Inc
73,150
K inc net
J P Morgan AM UK Ltd US Equity Inc
16,500
Units
First State Inv UK GBL Infrastructure
34,723
Units
FIL Inv Services Emerging Markets
25,000
GBP 0.01
UK 4% Treasury Gilt 07/03/22
35,000
Henderson Investment UK
340
Twentyfour Am Investment Funds
20,650
Threadneedle Investment Funds
22,000
Blackrock Fund Managers Limited
2,635
Pimco Global Advisors lrl LTD
3,000
Ishares PLC Core FTSE 100 Ucits ETF
1,500
Close Bros Group
43,596
Jupiter UT Mngrs Strategic bond
15,825
Invesco Fd Mngrs Perp Asian Z
10,000
T Bailey Fund Serv TB Evenlode
1,350
Compass Group PLC
18,118
Merian UK
22,700
Man Fund Management UK
5,000
Baillie Gifford & Co
21,925
Artemis Fund Managers US Select
2,485
Coupland Cardiff F CC Japan Inc&grwth
2,400
Polar Capital fund North Amer
500
Croda Intl Ord
70,000
Schroder Unit Tst Global Cities real est
40,000
Maitland Instl Celect Mngrs bond
540
Relx plc
1,200
Hiscox Ord
850
Inditex Euro
60,000
Investec Fund mgrs diversified income
20,000
Ninety One FD Mgrs diversified income L2
8,300
Ishares II Plc USD Tips
2,500
Vanguard Funds Plc S&P
7,000
Legal & General GP Ord
12,000
First Sentier Invr Stewart Invrs
1,650
Smith & Nephew Ord
1,200
Ishares Physical M Ishs Phys Gold
285
Novartis AG
700
Experian Ord
1,000
Baille Gifford Japanese
16,000
T Bailey Fund Serv Envelode Gbl
4,400
Blackrock AM UK Charishare
11,000
Schroders Charity Equity Fund|**Cost**
**Market Value**
8,336.11
11,344.03
29,872.00
25,760.00
2,652.10
25,992.00
5,949.39
36,504.00
19,768.35
21,502.75
18,281.98
21,825.00
66,744.02
95,314.45
23,858.89
34,453.65
23,927.19
49,967.00
29,750.53
25,990.00
35,375.47
37,415.00
34,711.96
35,264.80
25,074.08
41,638.66
29,683.25
38,357.00
29,938.40
27,166.85
19,764.06
19,827.00
22,551.19
23,265.00
44,447.33
43,530.46
63,362.76
78,903.45
20,710.01
22,817.00
22,221.07
19,730.25
33,757.50
39,007.57
29,393.80
25,946.10
35,589.25
83,398.97
44,050.12
54,968.17
39,693.03
39,307.73
49,484.00
60,048.00
23,471.00
31,740.00
40,469.70
43,225.00
43,904.00
43,984.80
9,942.50
9,822.60
15,428.00
10,324.80
22,935.29
20,343.00
59,677.00
60,822.00
23,370.00
24,134.00
44,419.19
44,156.00
123,626.08
136,809.25
13,811.00
19,537.00
31,160.00
35,356.80
23,421.00
22,048.00
31,824.94
28,974.00
20,220.91
17,727.00
16,432.32
17,479.00
18,070.00
18,340.00
20,090.40
20,688.00
13,843.00
29,321.60
21,673.00
43,615.00| |---|---| ||1,426,737.17
1,717,692.74| 14 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **INVESTMENTS - BREWIN DOLPHIN PORTFOLIO FOR THE YEAR ENDED 31 MARCH 2021** |**Fabric Fund**
3,225
Investec Fund UK Alpha J Net
4,600
Blackrock FM Contl Eurp
1,250
Liontrust Fund
4,902
Jupiter UT Mngrs Strategic Bond
450
Pimco Global Advis Sel UK
5,500
Man Fd Mgmt UK Ltd Man Glg
1,175
Invesco Fd Mngrs Perp Asian Z
3,500
T Bailey Fund Serv TB Evenlode
5,550
JP Morgan Funds Ltd
1,925
First State Investments
2,075
JP Morgan Asset Management UK
175
Coupland Cardiff Funds
25
Muzinich Funds
830
Ishares plc
170
Vanguard Funds plc
3,500
Maitland Select Mngrs bond
230
Polar Capital Fund
1,000
First State Inv Stewart
4,250
Investec Fund mgrs diversified
3,950
Schroder unit trust global cities
3,050
Fil Inv SVCS UK
750
Ishares II Plc
95
Ishares Physical M i gold etc
4,700
Maitland Instl SVC Mi Select Mngrs
2,800
T Bailey Fund Serv Envelode GBL|**Cost**
**Market Value**
**Stipend Fund**
3,915.11
4,081.88
7,000
Henderson Global Investors
7,676.68
8,020.10
Preference and Bond
5,052.71
5,855.31
47
Twentyfour Am Investment Funds
5,107.55
4,895.13
4,157
Fil Investment Services (UK) Ltd
4,971.17
4,639.50
2,775
Blackrock Fund Managers Limited
7,669.13
7,276.50
3,929
BNY Mellon Fund Managers Asian
4,771.90
5,858.55
Newton Global Higher Income
7,434.82
7,985.95
445
Pimco Global Advis Sel UK
5,793.33
7,231.65
3,500
Man Fd Mgmt GLG Underval Ast Prof
3,685.78
4,019.59
1,725
T Bailey Fund Serv TB Evenlode
1,240.72
1,493.38
400
Ishares plc
3,002.18
2,768.15
550
CF Miton
2,534.49
2,627.00
2,900
JP Morgan Funds
6,028.14
5,485.47
1,475
Henderson Investment absolute
7,742.88
9,303.03
2,400
BMY Mellon Fd Mngrs Global Inc
3,849.70
3,848.67
2,750
Investec Fd Mngrs Diversified
4,760.30
5,754.60
700
TR Property Inv
2,479.20
2,946.40
680
Fidelity Ucits ICA
4,267.03
4,308.23
900
First Sentier Invr
2,452.02
2,439.13
150
Coupland Cardiff
2,769.27
3,382.15
85
Ishares Physical Gold Etc
4,031.98
3,990.00
65
Vanguard Funds Plc
2,537.89
2,293.78
2,700
FIL Inv SVCS UK
7,175.75
8,581.87
1,600
T Bailey Fund Serv Evenlode
3,532.32
3,620.40
114,482.05
122,706.42|**Cost**
**Market Value**
3,493.64
4,144.70
4,620.67
4,874.84
4,086.70
4,227.39
4,098.47
4,838.21
4,167.97
4,616.95
4,916.16
4,587.95
5,445.72
4,630.50
3,601.42
3,935.93
2,844.38
2,643.60
1,033.83
1,198.34
3,182.00
3,778.70
1,488.51
1,576.78
4,002.80
4,001.04
2,768.08
2,787.68
2,414.00
2,747.50
3,591.36
3,949.10
1,839.17
1,879.29
2,313.20
2,372.70
2,272.85
2,052.33
3,526.49
3,557.04
2,453.78
2,994.03
2,027.04
2,068.80| |---|---|---| |||70,188.24
73,463.40| ## **Investments Reconciliation** |**Investments Reconciliation**|| |---|---| |Market value at 1 April 2020
Purchases at cost
Disposal proceeds
Unrealised profit
Realised profit
Market value at 31 March 2021|2,127,124.48
493,266.57
(379,782.50)| ||2,240,608.55
459,993.65
53,957.45| ||2,754,559.65| 15 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **ACCOUNTING POLICIES FOR THE YEAR ENDED 31 MARCH 2021** ## **Basis of accounting** As recommended by the Statement of Recommended Pratice: Accounting and Reporting: Accounting and Reporting by Charities, the financial statements of the charity comprise a receipts and payments account and a statement of assets. The financial statements have been prepared in accordance with applicable accounting standards and statements of recommended practice, in so far as they are applicable to financial statements prepared on a receipts and payments basis. ## **Funds** **Unrestricted funds** are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have been designated for other purposes. **Restricted funds** are subject to restrictions on their expenditure imposed by the donor or the terms of an appeal. The purposes of restricted funds are as follows: Henshaw Chapel Repair Fund to repair and renovate the chapel Manse Maintenance Fund to repair and maintain the manse Arthur Hydon Organ & Music Fund to repair and renovate the organ and develop music within the chapel The purpose of designated unrestricted funds are as follows: Sunday School Account to support the Sunday School Holding Account to provide for unexpected chapel expenses Publicity Account to provide for leaflets and noticeboard Craft Class to support the craft class Fabric Fund to provide additional support for building renovations Stipend Fund to support the ministerial costs ## **Incoming resources** Incoming resources are recognised on a receipts basis. ## **Resources expended** Resources expended are recognised on a payments basis. 16 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **INDEPENDENT EXAMIMER'S REPORT TO THE TRUSTEES OF THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY FOR THE YEAR ENDED 31 MARCH 2021** I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2021 which are set out on pages 4 to 16. ## **Responsibilities and basis of report** As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('The Act'). I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the Act: or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mrs K L Wright FCCA Integra Accounting Limited Chartered Certified Accountants 5 Station Road Hinckley Leicestershire LE10 1AW 17 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **SUPPLEMENTARY INFORMATION FOR THE YEAR ENDED 31 MARCH 2021** ## **Subscribers** Allen, Mrs C Bennett, Mrs H Coleman, Mrs S Cox, Mrs B Dent, Mr T Harris, Mrs P Hodges, Mrs W Horton, Mrs M Hydon, Mr T Medhurst, Mrs R Oxley, Mrs J Robinson, Mrs C Taylor, Mr and Mrs C Thompson, Mrs Y Turner, Mr G ## **Gift Aid Subscribers** Beavin, Mr H Cross, Mr and Mrs S Everton, Mr and Mrs M Hague, Mrs G Hague, Mr H Hodges, Mr R (Deceased) Holbrook, Mrs P Meigh, Mr and Mrs H Oliver, Mr E Oliver, Mr and Mrs G H Oxley, Mr R Payne, Mrs L Russell, Dr J Wilkins, Mr H 18 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **SUPPLEMENTARY INFORMATION FOR THE YEAR ENDED 31 MARCH 2021** ## **Friends of The Great Meeting Unitarian Chapel Hinckley** Bradbury, Mrs T Brindley, Mrs J Brown, Mrs B Campton, Mrs C Davenport, Mrs V Everton, Miss K Hill, Mrs P Hoult, Mr G (Deceased) Matty Mrs A Matty, Mr M McCulloch, Mrs J (Deceased) Payne, Mr M 19 ## **THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY** ## **SUPPLEMENTARY INFORMATION FOR THE YEAR ENDED 31 MARCH 2021** |**Bequests**
£
**Bequests (continued)**
1904
Mrs Sutcliffe
22
1992
Mrs Madge Martin
1910
Mr Hugh Atkins
315
1992
Mrs Winifred Grove
1910
Mr Thos Atkins
100
1993
Miss B D Cooper
1930-31
Mr Athur Atkins
200
1993
Mr Arthur Payne
1930-31
Mrs Ellen Atkins
50
1993
Mrs M King
1930-31
Mr Joseph Burton
20
1994
Mr G F Crowson
1940
Mr Joshua Clarke
200
1995
Miss A M Musson
1943
Mrs Mary R Davenport
25
1995
Mr S Cheney
1943
Mr George Warner
200
1995
Mr L C Henshaw
1947
Mrs Emma Toone
20
1996
Mr H Warren
1949
Mrs M A Price
50
1997
Mr J Olive
1949
Mrs A Simmons
40
1998
Mrs N Farmer
1954
Mrs F Jennings
100
1999
Mrs A Morris
1960
Mr J M Spring
250
2001
Mrs B Baxter
1961
Mrs Lily Farmer
50
2001
Mrs M Cheney
1965
Mrs Agnes Davenport
100
2001
Mr R A Davenport
1968
Mrs J C Grewcock
100
2002
Mrs M Hawkes
1970
Miss Puffer
25
2004
Mr J Baxter
1973
Miss E S Mason
50
2005
Mr A C Davenport
1973
Mrs M Harris
50
2005
Miss T C Crofts
1974
Miss C Sketchley
1,406
2006
Mr J Webber
1974
Mrs F Sturgess
200
2006
Mrs D Grimley
1975
Mr E Farmer
500
2006
Mrs S Sinclair
1975
Mrs A Bower
50
2007
Mrs G J Forrester
1978
Mr Leslie Arguile
100
2007
Mrs S Bailey
1978
Mrs G Chamberlain
200
2007
Mrs D Grimley
1979
Mrs G Merrett
50
2008
Mrs D Grimley
1980
Mrs Agnes Payne
300
2008
Miss R Vincent
1980
Mrs Male
200
2008
Miss J D Goadby
1981
Mr and Mrs F W King
100
2010
Mr M G Chetwynd
1981
Mr Harold Oliver
200
2010
Mrs E M Birch
1981
Mrs B M Davey
200
2010
Mr I Davenport
1983
Mr A S Townsend
100
2011
Mr J A Davenport
1983
Mr J Grove
100
2011
Mr J M English
1983
Mr D C Keen
1,000
2016
Christine Dent
1984
Miss King
100
2016
Joyce Swinson
1986
Mrs C Quinney
200
2019
M Goode
1986
Mrs C Mannion
200
2020
Mr AK & Mrs J Davey
1986
Mr E Miles
4,300
2021
Mrs J McCulloch
1986
Mrs J M S Tompkins
200
1988
Mr R W Young
50
1988
Mrs A E Davies
1,000
1988
P and F Musson
100
1989
Mrs M Fielding
100
1989
Anon
100
1990
Mrs F Naylor
100|£
5,000
55,230
400
100
100
1,000
15,200
200
1,000
27,100
500
700
500
500
200
2,000
5,000
500
1,000
530
1,000
5,000
105
200
200
11,913
42
100
1,000
42,942
3,416
1,000
162,503
150
150
2,000
1,000
400
1,000| |---|---| ||364,004| ||| 20