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2024-03-31-accounts

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

REPORT OF THE TRUSTEES

AND STATEMENT OF ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

CHARITY NUMBER 235642

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

CONTENTS

Page
Legal and Administrative Information 1
Report of the Trustees 2
Summary of Receipts and Payments 3
Chapel Account 4-5
Trustees' General Account 6
Great Meeting Sunday School Fund 7
Arthur Hydon Organ and Music Fund 7
Holding Account 8
Publicity Account 8
Henshaw Chapel Repair Fund 8
Manse Maintenance Fund 9
Craft Class Fund 9
Brewin Dolphin Accounts 10
Brewin Dolphin Fabric Fund 10
Brewin Dolphin Stipend Fund 10
Statement of Assets 11
Property and Investments held by Trustees 12
Investments - Brewin Dolphin Portfolio 13-14
Accounting Policies 15
Independent Examiner's Report to Trustees 16
Supplementary Information:-
Subscribers and Gift Aid Subscribers 17
Friends of The Great Meeting Unitarian Chapel Hinckley 18
Bequests 19
AGM Minutes 2023 20

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2024

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 2024, all of whom have acted as Trustees throughout the year, are:-

Eric L Oliver (deceased) Christine M Everton (Chapel Treasurer) Geoffrey H Oliver (Secretary to the Trustees) Kathryn M Cross (Resigned) 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 2024

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

At the beginning of the year, we were faced with the problem of a squatter occupying our house, No. 6 Baines Lane, a situation that was resolved only after considerable efforts and some Solicitor expenses. Once empty, and in view of its poor condition, the Trustees decided to completely renovate it, including dealing with damp and structural aspects. It was then decided that it should become a Manse for the Minister, the work finally being completed in January 2024.

Outside painting of all upper and lower Chapel window frames was carried out during the year.

After the survey last year on all drains servicing the premises, the Trustees commissioned two repair contracts which included, amongst other work, the installation of a new inspection chamber. It is expected that any problems in future will be more easily dealt with.

Financial Review

The Trustees rely on income from their investments and rents, now reduced to two properties, to provide the funds to meet their responsibilities in the maintenance of the buildings and lifts, plus having good insurance cover and supporting the Chapel Committee in financing a full time Ministry.

The Market Value of the Trustee investments, despite world upheavals over the past year, has risen and we have ended the year with a small increase of 7.4%, as opposed to a decrease of 3% the previous year. Overall, the total assets for the Trustees and Chapel as a whole, also saw an increase which amounted to 4.6%.

Again, the Chapel Account was the worst hit, whilst funding a full time Ministry and having less income due to reduced activity within the Chapel and buildings over the past years. This has resulted in its reserves being down by 42.8%. The current plan, put in by the Trustees in 2022, to give yearly increases in the Trustee grant should alleviate this situation and they will continue to review the matter in order that the Chapel Committee can service its responsibilities, without exhausting its funds.

The Trustees are confident that they have sufficient funds available for future projects and unexpected repairs plus 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:

G H Oliver Trustee Secretary

2

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

SUMMARY OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 MARCH 2024

Chapel
General
Account
Fund
11,630.41
1,000.00
3,741.06
2,601.38
10,500.00
85,710.79
15,371.47
99,812.17
3,779.00
53,934.73
15,154.99
96,584.98
400.92
1,838.80
13,304.63
185.91
58,300.56
126,883.40
(42,929.09)
(27,071.23)
24,000.00
3,480.75
(24,000.00)
(18,929.09)
(47,590.48)
1,315.50
186,111.19
Unrestricted Funds		 Sunday
Holding
Publicity
Craft
Fabric
Stipend
School
Account
Account
Class
Fund
Fund
710.00
455.05
53.37
8.05
45.67
3,604.75
2,606.16
455.05
53.37
8.05
755.67
3,604.75
2,606.16
100.00
744.99
100.00
-
-
744.99
-
-
355
53.37
8.05
10.68
3,604.75
2,606.16
-
(3,480.75)
355
53.37
8.05
10.68
124
2,606.16
(224.20)
(208.16)
654.40
10,510.19
6,090.70
Unrestricted Funds - Designated		 Total
Total
Henshaw
Manse
Arthur Hydon
2024
2023
Chapel Repair Maintenance Organ & Music
12,630.41
11,972.81
4,451.06
4,206.89
2,601.38
-
10,500.00
15,302.00
417.37
-
776.50
93,677.71
84,299.44
417.37
-
776.50
123,860.56
115,781.14
3,779.00
3,598.00
54,779.72
53,538.21
15,154.99
19,656.63
96,584.98
4,064.40
-
2,239.72
2,625.40
13,304.63
13,010.32
185.91
1,578.96
-
-
-
186,028.95
98,071.92
417.37
-
776.50
(62,168.39)
17,709.22
27,480.75
74,179.67
-
(27,480.75)
(74,179.67)
417.37
0.00
776.50
(62,168.39)
17,709.22
883.14
(20,731.14)
1,250.96
(1,812.15)
2,425.48
205,230.77
(117,779.55)
Restricted Funds

3

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

CHAPEL ACCOUNT (UNRESTRICTED FUNDS) FOR THE YEAR ENDED 31 MARCH 2024

Opening balance at bank
Receipts
Donations, legacies and other similar receipts
Grants: Craft Class, Inspire
Donations
Cash & online collections
Carol service
Gift Aid collections
Envelope collections
Subscriptions
Gift Aid subscriptions
Income Tax repayment
Christening fees and collections
Funeral fees and collections
Wedding fees and collections
Calendar fund
Inquirer subs
Booklets
Miscellaneous
Gift
Operating activities to generate funds
Ukraine Appeal
Macmillan Cancer Support
British Heart Foundation
Send a Child to Hucklow
Age UK
Rainbows Hospice
Mansfield Stay & Play
Air Ambulance
Shrewsbury Trip
Carried forward (page 5)		 2024
44,242.84
200.00
1,404.60
1,256.90
-
4,028.00
218.00
428.67
510.51
1,117.28
150.00
1,480.00
385.00
27.80
61.65
-
312.00
50.00
11,630.41
200.00
175.00
820.00
-
-
-
-
360.00
1,555.00		 2023
Payments
61,990.46
Subscriptions and donations
Subscriptions:
E.M.U. (inc. donation)
Unitarian College
Donations:
Canine Partners
Ukraine Appeal
540.00
Macmillan Cancer Support
671.00
British Heart Foundation
1,459.97
Send a Child to Hucklow
188.72
Age UK
3,973.00
Rainbows Hospice
261.00
Mansfield Stay & Play
237.00
Air Ambulance
460.40
Simon Mapp Appeal
1,122.92
Lymphoma
304.00
Hinckley & District Museum
755.00
Sketchley Hill Menphys Nursery
385.00
LE8 Five
86.70
Shrewsbury Trip
461.00
245.00
82.00
-
11,232.71
Activities directly relating to the work of the chapel
175.00
Ministers' salary, NIC & pension contributions
230.00
Organists
203.00
G.A. and other expenses
381.32
Gas
152.00
Electricity
146.50
Chapel Wifi
150.00
Inquirer subs
1,209.65
G.A. Quota
132.00
Manse water rates
2,779.47
Carried forward (page 5)		 2024
100.00
250.00
-
-
200.00
175.00
820.00
-
-
-
-
275.00
180.00
379.00
700.00
200.00
500.00
3,779.00
44,278.89
515.00
1,237.00
1,883.44
1,336.84
439.10
111.00
1,050.00
29.00
50,880.27		 2023
100.00
250.00
15.00
175.00
230.00
203.00
400.00
152.00
150.00
150.00
1,213.00
560.00
-
-
-
-
-
3,598.00
42,065.41
525.00
967.38
2,540.45
1,098.68
395.34
333.00
1,050.00
-
48,975.26

4

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

CHAPEL ACCOUNT (UNRESTRICTED FUND) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Receipts (continued)
Opening balance at bank
Operating activities to generate funds (continued)
Brought forward (page 4)
Simon Mapp Appeal
Lymphoma
Hinckley & District Museum
Sketchley Hill Menphys Nursery
Concordia theatre
LE8 Five
Other receipts
Transfer from Holding Fund (Website)
Transfer from Holding Fund (Tercentenary)
Transfers from Trustees General Account
Total receipts		 1,555.00
275.00
180.00
379.00
691.80
546.26
114.00		 2024
44,242.84
39,371.47		 2,779.47
560.00
-
-
-
-
-		 2023
Payments (continued)
2024
61,990.46
Activities directly relating to the work of the chapel (continued)
Brought forward (page 4)
50,880.27
Chapel water rates
220.23
General maintenance
503.40
Pulpit supplies
460.45
Rights of passage payments
880.00
Cleaning materials
427.91
Miscellaneous
507.47
Christmas expenses
-
Organ Maintenance
55.00
Ministers Discretionary Fund
-
53,934.73
Costs of generating funds
Performing Right Society
44.42
Chapel management & administration
Postage and stationery
155.60
Printing
50.91
Printer
149.99
356.50
Other payments
Tercentenary Celebrations
-
Website
-
DBS (CRB Checks)
-
Bank charges
87.91
In Memory
50.00
Food Hygiene Courses
48.00
185.91
40,011.96
Total payments
58,300.56
Closing balance at bank
25,313.75
102,002.42
83,614.31		 2023
48,975.26
188.44
152.30
153.90
1,000.00
33.40
868.42
12.50
205.60
128.00
3,741.06 3,339.47
51,717.82
-
-
24,000.00		 879.00
560.78
24,000.00
138.02
168.78
558.00
24,000.00 25,439.78
726.78
560.78
879.00
48.40
90.78
-
-
1,578.96
57,759.58
44,242.84
83,614.31 102,002.42

5

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

TRUSTEES' GENERAL ACCOUNT (UNRESTRICTED FUNDS) FOR THE YEAR ENDED 31 MARCH 2024

Opening balances at bank
Current account
Deposit account
Building Society account
Receipts
Rents
Dividends
C.O.I.F.
Charifund
Charifund bequests
Charifund MM
Brewin Dolphin income:
Fabric fund
Interest
Bank interest
Building society interest
Miscellaneous
Transfer from Manse A/c
In memory
HBBC Grant (Atkins tomb5)
Refunds re 6 Baines Lane
Bequest
Ins claim & refund
Total receipts		 146,348.06
305.80
25,231.21		 2024
171,885.07
58,485.10		 98,416.85
304.44
25,161.63		 2023
Payments
Donations - Chapel account
Chapel expenses
123,882.92
Insurance
Repairs and maintenance
Lift - BT & maintenance
Miscellaneous
Gardeners
Houses
Insurance
Rent collection
Repairs and refurbishments
Refurbishment of No. 6 incl legal fees
Administration
Independent examiners' fee
Bank charges
Investments
Charifund bequests
Total payments
Closing balances at bank
Current account
Deposit account
Building Society account
Building Society account
97,428.78
221,311.70		 2024
2023
24,000.00
24,000.00
5,038.52
3,754.54
5,658.95
13,294.03
3,204.03
2,518.06
503.24
90.00
750.25
-
15,154.99
19,656.63
844.54
752.80
1,008.00
1,468.80
391.20
1,842.80
95,405.24
-
97,648.98
4,064.40
1,776.00
1,644.00
62.80
61.60
1,838.80
1,705.60
1,000.00
-
139,642.77
49,426.63
23,492.59
146,348.06
311.24
305.80
5,900.07
-
61,023.50
25,231.21
90,727.40
171,885.07
230,370.17
221,311.70
10,500.00
8,925.38
18,105.27
5,357.65
5,752.87
3,480.75		 15,302.00
8,925.38
17,578.95
5,201.90
869.62
2,928.67
844.54
1,008.00
391.20
95,405.24
41,621.92
5.44
1,692.36		 35,504.52
69.58
1.36		 1,776.00
62.80
1,697.80
-
-
-
1,064.00
1,000.00
2,601.38		 70.94
45,811.22
240.10
500.00
-
-		 23,492.59
311.24
5,900.07
61,023.50
4,665.38 46,551.32
230,370.17

6

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

GREAT MEETING SUNDAY SCHOOL FUND (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2024

Opening balance
Building society and cash
Receipts
C.O.I.F. dividends
Charifund dividends
Bank interest		 113.24
204.68
137.13		 2024
7,685.53
228.14
198.73
20.41
455.05
8,140.58		 2023
Childrens Activities
8,163.25
Christmas expenses
Sponsorship Burbage FC U11
Logo on shirts
Closing balance
447.28
Building society and cash
8,610.53		 2024
2023
100.00
-
-
800.00
-
125.00
100.00
925.00
8,040.58
7,685.53
8,140.58
8,610.53

Investments at 31 March 2024

238 units in Charifund - Market value £3,465.47 (2023: £3,529.94) 418.75 units in C.O.I.F. - Market value £8,556.15(2023: £7,837.28)

ARTHUR HYDON ORGAN AND MUSIC FUND (RESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2024

Opening balance at bank
Receipts
C.O.I.F. dividends
769.73
Bank interest
6.77		 Opening balance at bank
Receipts
C.O.I.F. dividends
769.73
Bank interest
6.77		 2024
3,320.63
769.73
0.21
776.50
4,097.13		 2023
2,550.69
769.94
Closing balance at bank
3,320.63		 2024
2023
4,097.13
3,320.63
4,097.13
3,320.63

Investments at 31 March 2024

1,412.87 units in C.O.I.F. - Market value £28,868.61 (2023: £26,443.13)

7

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

HOLDING ACCOUNT (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2024

2024 2023 2024 2023
Opening balance Payments
Building society and cash 3,023.70 4,452.97 Transfers to Chapel A/c: -
- Tercentenary celebrations - 560.78
- Website - 879.00
Receipts Closing balance
Bank interest 53.37 10.51 Building society and cash 3,077.07 3,023.70
3,077.07 4,463.48 3,077.07 4,463.48
PUBLICITY ACCOUNT (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2024
2024 2023 2024 2023
Opening balance
Building society 456.75 455.52
Receipts Closing balance
Bank interest 8.05 1.23 Building society 464.80 456.75
464.80 456.75 464.80 456.75
HENSHAW CHAPEL REPAIR FUND (RESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2024
2024 2023 2024 2023
Opening balance
Building society 9,449.13 9,051.26
Receipts
COIF dividends 396.99 396.99 Closing balance
Bank interest 20.38 0.88 Building society 9,866.50 9,449.13
9,866.50 9,449.13 9,866.50 9,449.13

Investments at 31 March 2024

728.70 units in C.O.I.F. - Market value £14,889.24 (2023: £13,638.28)

8

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

MANSE MAINTENANCE FUND (RESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2024

Opening balance
Current account
Deposit account
Receipts
Charifund dividends
Deposit account interest		 -
-		 2024
-
-		 39,108.78
2,035.87		 2023
Payments
Bank charges
Transfer to Trustees General A/c
41,144.65
Closing balance
Current account
-
Deposit account
-
4,721.57
45,866.22		 2023
Payments
Bank charges
Transfer to Trustees General A/c
41,144.65
Closing balance
Current account
-
Deposit account
-
4,721.57
45,866.22		 2024
2023
-
55.00
-
45,811.22
-
-
-
-
-
45,866.22
-
-		 4,716.01
5.56
-

Investments at 31 March 2024

6,689 units in Charifund - Market value £97,402.65 (2023: £99,214.80)

CRAFT CLASS FUND (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2024

Opening balance
Building society
Cash in hand
Receipts
Subscriptions
Sale of goods
Coffee morning proceeds
Bank interest		 2,188.51
368.95		 2024
2,188.51
396.92
2,557.46
481.00
386.42
-
-
755.67
3,313.13		 2023
Payments
Materials
Christmas meal
2,585.43
Outing
Chapel grant
Deposit boat trip
Closing balance
Building society
Cash in hand
867.42
3,452.85		 74.99
180.00
190.00
200.00
100.00		 2024
2023
53.39
172.00
470.00
200.00
-
744.99
895.39
2,188.51
368.95
2,568.14
2,557.46
3,313.13
3,452.85
436.25
142.75
131.00
45.67
2,234.18
333.96

9

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

BREWIN DOLPHIN ACCOUNT (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2024

Opening balance
Deposit account
Income account
Receipts
Dividends
Deposit account interest
Equalisation income
Bond interest
Disposal of investments		 53,766.59
3,880.32		 2024
57,646.91
315,011.81		 82,811.03
2,432.59		 2023
Payments
Nominee and admin fee
Purchase of investments
85,243.62
Closing balance
Deposit account
Income account
324,167.05
409,410.67		 13,304.63
261,197.30		 2024
2023
13,010.32
338,753.44
274,501.93
351,763.76
53,766.59
3,880.32
98,156.79
57,646.91
372,658.72
409,410.67
32,932.54
994.67
-
11,944.61
269,139.99		 39,717.41
187.33
21.20
-
284,241.11		 93,456.24
4,700.55
372,658.72

BREWIN DOLPHIN FABRIC FUND (UNRESTRICTED FUND) FOR THE YEAR ENDED 31 MARCH 2024

2024
2023
Opening balance
Payments
Income account
185.34
47.99
Trustees account transfer
3,480.75
Deposit account
5,518.69
3,392.23
Purchase of investments
12,833.54
5,704.03
3,440.22
Receipts
Closing balance
Dividends
2,541.52
3,040.61
Income account
301.42
Deposit account interest
74.88
25.41
Deposit account
2,365.06
Bond interest
988.35
-
Disposal of investments
9,671.99
25,850.45
13,276.74
28,916.47
18,980.77
32,356.69
2024
2023
Opening balance
Payments
Income account
165.56
35.26
Purchase of investments
Deposit account
5,356.33
4,395.78
5,521.89
4,431.04
Receipts
Dividends
1,567.44
2,294.81
Deposit account interest
83.96
17.48
Closing balance
Bond interest
954.76
-
Income account
213.35
Disposal of investments
8,302.89
10,999.80
Capital account
2,369.81
10,909.05
13,312.09
16,430.94
17,743.13
BREWIN DOLPHIN STIPEND FUND (UNRESTRICTED FUND) FOR THE YEAR ENDED		 3,480.75
12,833.54		 2024
2,928.67
23,723.99
16,314.29
185.34
5,518.69
2,666.48
18,980.77
2024
13,847.78
165.56
5,356.33
2,583.16
16,430.94
31 MARCH 2024		 2023
26,652.66
5,704.03
301.42
2,365.06
32,356.69
2023
12,221.24
5,521.89
17,743.13

10

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

STATEMENT OF ASSETS FOR THE YEAR ENDED 31 MARCH 2024

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
14,889.24
97,402.65
28,868.61		 Bank & Cash
9,866.50
24,755.74
-
97,402.65
4,097.13
32,965.74		 2024
2023
3,006,159.03
2,798,281.37
247,561.80
311,493.94
3,253,720.83
3,109,775.31
155,124.13
152,065.97
2,842,700.67
2,721,793.55
255,896.03
235,915.79
141,160.50 13,963.63
25,313.75
25,313.75
188,884.19
2,817,386.92
-
2,628,502.73
2,628,502.73 214,197.94
8,040.58
20,062.20
3,077.07
3,077.07
464.80
464.80
2,568.14
2,568.14
2,666.48
140,785.09
2,583.16
88,938.73
12,021.62
-
-
-
138,118.61
86,355.57
236,495.80 19,400.23
3,253,720.83
3,109,775.31

………………………………………

P Holbrook

Treasurer to the Trustees

11

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

PROPERTY AND INVESTMENTS HELD BY TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

Property

Chapel
-
Baines Lane, Hinckley
Retained for Charity's use
3 Houses
-
Baines Lane, Hinckley
1 retained for charity use, 2 Investment
properties earning rental income
Investments
Cost
Market value
Brewin Dolphin Portfolio
(per schedule page 15)
1,515,699.93
1,895,456.29
Brewin Dolphin Portfolio - Fabric Fund
(per schedule page 16)
120,831.39
138,118.61
Brewin Dolphin Portfolio - Stipend Fund
(per schedule page 16)
78,485.07
86,355.57
1,715,016.39
2,119,930.47
Charifund
Value per unit
Trustees Account
21,052.632 units
£14.5608
306,543.16
Manse Maintenance Fund
6,689.375 units
£14.5608
97,402.65
Great Meeting Sunday School Fund
238 units
£14.5608
3,465.47
Bequest
6,301.787 units
£14.5608
91,759.06
C.O.I.F. Charities Investment Fund
Value per unit
Trustees Account
16,382.85 units
£20.4326
334,744.22
Arthur Hydon Organ & Music Fund
1,412.87 units
£20.4326
28,868.61
Henshaw Chapel Repair Fund
728.70 units
£20.4326
14,889.24
Great Meeting Sunday School Fund
418.75 units
£20.4326
8,556.15
Total Market Value of Investments at 31 March 2024
3,006,159.03		 Chapel
-
Baines Lane, Hinckley
Retained for Charity's use
3 Houses
-
Baines Lane, Hinckley
1 retained for charity use, 2 Investment
properties earning rental income
Investments
Cost
Market value
Brewin Dolphin Portfolio
(per schedule page 15)
1,515,699.93
1,895,456.29
Brewin Dolphin Portfolio - Fabric Fund
(per schedule page 16)
120,831.39
138,118.61
Brewin Dolphin Portfolio - Stipend Fund
(per schedule page 16)
78,485.07
86,355.57
1,715,016.39
2,119,930.47
Charifund
Value per unit
Trustees Account
21,052.632 units
£14.5608
306,543.16
Manse Maintenance Fund
6,689.375 units
£14.5608
97,402.65
Great Meeting Sunday School Fund
238 units
£14.5608
3,465.47
Bequest
6,301.787 units
£14.5608
91,759.06
C.O.I.F. Charities Investment Fund
Value per unit
Trustees Account
16,382.85 units
£20.4326
334,744.22
Arthur Hydon Organ & Music Fund
1,412.87 units
£20.4326
28,868.61
Henshaw Chapel Repair Fund
728.70 units
£20.4326
14,889.24
Great Meeting Sunday School Fund
418.75 units
£20.4326
8,556.15
Total Market Value of Investments at 31 March 2024
3,006,159.03		 Chapel
-
Baines Lane, Hinckley
Retained for Charity's use
3 Houses
-
Baines Lane, Hinckley
1 retained for charity use, 2 Investment
properties earning rental income
Investments
Cost
Market value
Brewin Dolphin Portfolio
(per schedule page 15)
1,515,699.93
1,895,456.29
Brewin Dolphin Portfolio - Fabric Fund
(per schedule page 16)
120,831.39
138,118.61
Brewin Dolphin Portfolio - Stipend Fund
(per schedule page 16)
78,485.07
86,355.57
1,715,016.39
2,119,930.47
Charifund
Value per unit
Trustees Account
21,052.632 units
£14.5608
306,543.16
Manse Maintenance Fund
6,689.375 units
£14.5608
97,402.65
Great Meeting Sunday School Fund
238 units
£14.5608
3,465.47
Bequest
6,301.787 units
£14.5608
91,759.06
C.O.I.F. Charities Investment Fund
Value per unit
Trustees Account
16,382.85 units
£20.4326
334,744.22
Arthur Hydon Organ & Music Fund
1,412.87 units
£20.4326
28,868.61
Henshaw Chapel Repair Fund
728.70 units
£20.4326
14,889.24
Great Meeting Sunday School Fund
418.75 units
£20.4326
8,556.15
Total Market Value of Investments at 31 March 2024
3,006,159.03
1,715,016.39 2,119,930.47
306,543.16
97,402.65
3,465.47
91,759.06
334,744.22
28,868.61
14,889.24
8,556.15
Value per unit
£14.5608
£14.5608
£14.5608
£14.5608
Value per unit
£20.4326
£20.4326
£20.4326
£20.4326
3,006,159.03

12

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

INVESTMENTS - BREWIN DOLPHIN PORTFOLIO FOR THE YEAR ENDED 31 MARCH 2024

General Fund
3,850
BP
1,600
Glaxo Smithkline
5,200
Haleon
900
Unilever
58,146
Janus Henderson Fixed Interest Monthly Income Fund FQ Inc
10,000
J P Morgan GL EM Inc
73,150
J P Morgan AM UK Ltd US Equity Inc
16,500
First State Inv UK GBL Infrastructure
50,000
Jupiter UT Mngrs Strategic bond
30,176
Invesco Fd Mngrs Perp Asian Z
1,350
Compass Group PLC
5,000
Baillie Gifford & Co
21,925
Artemis Fund Managers US Select
500
Croda Intl Ord
91,265
Schroder Unit Tst Global Cities real est
65,000
Maitland Instl Celect Mngrs bond
1,000
Relx plc
600
Inditex Euro
35,000
Ninety One FD Mgrs diversified income J2
5,600
Ishares II Plc USD Tips
3,075
Vanguard Funds Plc S&P
7,000
Legal & General GP Ord
11,000
First Sentier Invr Stewart Invrs
1,600
Smith & Nephew Ord
1,700
Ishares Physical M Ishs Phys Gold
225
Novartis AG
16,000
T Bailey Fund Serv Envelode Gbl
4,400
Blackrock AM UK Charishare
11,000
Schroders Charity Equity Fund
400
Kone OYJ Ser'B'NPV
7,500
Personal Assets TR Ord
260
Muzinich Funds
20,000
JP Morgan
400
Astead Group
7,000
Fidelity UCITS ICA US Qual
23,200
LF Gresham Hse eqt
250
RIO Tinit
400
Alcon AG
4,700
Colchester mul-strat gbl
36,700
Man fixed int ICVC man gbl
4,000
Fundsmith equity
6,500
Ishares V Plc Msci World Energy Sector ETF Eur Dis
18,000
United Kingdom (government of) 4.25% SNR BDS 07.06.32
18,000
United Kingdom (government of) 4.25% SNR BDS 07.12.27
26,000
United Kingdom (government of) 4.5%GILT BDS 07.09.2034
42,000
M&G Investment Funds (1) M&G Japan Sterling PP Dis
37
ASML Holding NV Eur 0.09
195
Nestle SA CHF0.10		 Cost
Market Value
8,336.11
19,084.45
24,202.28
27,337.60
16,787.52
17,321.20
5,949.39
35,779.50
32,967.54
29,741.80
12,187.99
13,050.00
66,744.02
119,161.35
23,858.89
36,577.20
50,478.27
41,405.00
63,362.76
75,602.62
22,221.07
31,360.50
35,589.25
65,250.00
44,050.12
78,035.46
23,471.00
24,510.00
40,469.70
41,242.79
70,720.50
60,089.58
20,357.66
34,240.00
16,189.62
23,914.94
34,807.86
31,874.50
29,969.57
27,132.00
163,139.96
243,167.93
13,811.00
17,808.00
30,311.60
34,147.30
23,421.00
15,865.60
46,234.12
59,449.00
15,789.69
17,250.59
20,090.40
24,417.60
13,843.00
32,135.22
21,673.00
50,985.00
24,048.01
14,737.38
35,009.25
36,037.50
25,188.00
24,694.80
31,120.00
31,220.00
18,241.00
22,560.00
48,212.99
55,693.75
28,159.28
30,856.00
12,629.95
12,542.50
21,748.03
26,234.46
41,233.93
41,639.31
31,387.49
36,098.12
20,805.20
25,902.40
33,130.35
37,625.25
17,952.81
18,812.77
17,634.21
18,452.17
26,512.86
27,272.30
54,754.40
62,563.20
18,413.62
28,193.18
18,483.66
16,384.47
1,515,699.93
1,895,456.29

13

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

INVESTMENTS - BREWIN DOLPHIN PORTFOLIO FOR THE YEAR ENDED 31 MARCH 2024

Fabric Fund
Cost
Market Value
Stipend Fund
2,500
Blackrock FM Contl Eurp
4,161.97
4,858.23
6,461
Janus Henderson Fixed Interest
500
Liontrust Fund
2,005.14
2,450.53
Monthly Income Fund FQ Inc
4,902
Jupiter UT Mngrs Strategic Bond
5,107.55
4,059.74
4,157
Fil Investment Services (UK) Ltd
4,150
Man Fd Mgmt UK Ltd Man Glg
5,760.40
6,768.65
1,100
Blackrock Fund Managers Limited
2,241
Invesco Fd Mngrs Perp Asian Z
4,771.90
5,613.47
3,929
BNY Mellon Fund Managers Asian
2,500
T Bailey Fund Serv TB Evenlode
5,285.49
6,446.25
Newton Global Higher Income
3,000
JP Morgan Funds Ltd
3,131.53
4,887.00
3,500
Man Fd Mgmt GLG Underval Ast Prof
1,300
First Sentier Investments
2,469.74
2,881.84
1,725
T Bailey Fund Serv TB Evenlode
1,450
JP Morgan Asset Management UK
951.90
1,010.65
400
Ishares plc
45
Muzinich Funds
4,563.09
4,274.10
1,000
JP Morgan Funds
830
Ishares plc
6,028.14
6,450.76
1,400
BMY Mellon Fd Mngrs Global Inc
220
Vanguard Funds plc
11,197.13
17,397.38
4,000
Ninety One fund manageres diversified
5,500
Maitland Select Mngrs bond
6,004.90
5,084.50
700
TR Property Inv
1,000
First Sentier Inv Stewart
2,479.20
3,104.30
680
Fidelity Ucits ICA
3,000
Ninety one fund man diversified
3,012.02
2,732.10
140
Ishares Physical Gold Etc
5,150
Schroder unit trust global cities
2,452.02
2,327.27
105
Vanguard Funds Plc
400
Ishares II Plc
2,150.39
1,938.00
1,600
T Bailey Fund Serv Evenlode
95
Ishares Physical M i gold etc
2,537.89
3,322.15
23
Muzinich funds Mznch GBL TCTL Cred
4,700
Maitland Instl SVC Mi Select Mngrs
7,175.75
10,377.25
700
Personal assets TR Ord
1,800
T Bailey Fund Serv Envelode GBL
2,261.24
2,746.98
2,000
Jupiter UT managers strategic bond
2,300
Link Fund Sol Ltd LF Lindsell Train UK Eqty D
4,220.72
4,038.80
600
HCL Infrastructure
1,900
JP Morgan AM gbl macro opps
2,977.70
2,965.90
925
Schroder Gbl Citie Gbl
900
HCL Infrastructure
1,568.00
1,137.60
110
Dodge & Cox worldwide funds
1,200
Fidelity Ucits ICA
8,261.30
9,547.50
260
Colchester multi-strat gbl bd fund
250
Ishares v plc MSCI world energy sector
1,442.07
1,447.13
1,900
Man Fixed interest ICVC man gbl
140
Dodge & Cox worldwide funds
4,145.80
4,790.80
2,400
BNFI UK4.25% SNR BDS 07.12.27
340
Colchester multi-strat gbl bd fund
3,001.43
3,012.21
3,700
BNFI UK 4.25% SNR BDS 07.06.32
2,700
Man Fixed interest ICVC man gbl
2,327.69
2,655.72
2,000
BNFI UK 4.25% SNR BDS 07.09.34
3,800
BNFI UK 4.25% SNR BDS 07.12.27
3,978.22
3,895.45
1,160
FDEQ M&G Investment Funds (1)
2,000
BNFI UK 4.25% SNR BDS 07.09.34
2,057.91
2,097.87
M&G Japan Sterling PP Dis
2,550
FDEQ M&G Investment Funds (1) M&G Japan Ste
3,343.16
3,798.48
240
FDDI Ishares V PLc MSCI World
energy sector ETF USD Dis ETP
120,831.39
138,118.61
Investments Reconciliation
Market value at 1 April 2023
Purchases at cost
Disposal proceeds
Unrealised loss
Realised loss
Market value at 31 March 2024		 Cost
3,493.64
4,086.70
1,621.57
4,167.97
5,445.72
3,601.42
2,844.38
1,097.24
2,329.96
3,957.71
2,414.00
3,591.36
3,702.49
6,293.89
2,027.04
2,329.89
3,368.10
1,813.39
1,078.21
934.46
3,261.70
2,299.92
1,643.93
2,519.93
3,706.19
2,057.91
1,531.71
1,264.64		 Market Value
3,304.64
3,379.83
2,137.62
4,605.17
5,708.50
4,447.91
3,108.80
1,629.00
2,829.26
3,642.80
2,275.00
5,410.25
4,895.80
8,303.30
2,441.76
2,184.54
3,363.50
1,656.20
758.40
794.39
3,764.20
2,303.45
1,868.84
2,460.29
3,867.07
2,097.87
1,727.94
1,389.24
78,485.07 86,355.57
2,798,281.37
288,878.62
(287,114.87)
2,800,045.12
24,183.42
181,930.49
3,006,159.03

14

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

ACCOUNTING POLICIES FOR THE YEAR ENDED 31 MARCH 2024

Basis of accounting

As recommended by the Statement of Recommended Practice: 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.

15

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY FOR THE YEAR ENDED 31 MARCH 2024

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2024 which are set out on pages 3 to 15.

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

16

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

SUPPLEMENTARY INFORMATION FOR THE YEAR ENDED 31 MARCH 2024

Subscribers Gift Aid Subscribers Allen, Mrs C Beavin, Mr H Cox, Mrs B Cross, Mr and Mrs S Dent, Mr T Everton, Mr and Mrs M Harris, Mrs P Frost, Mr A Horton, Mrs M Hague, Mrs G Horslett, Mrs A Hague, Mr H Hydon, Mr T Holbrook, Mrs P Medhurst, Mrs R Meigh, Mr and Mrs H Oxley, Mrs J Oliver, Mr E (Deceased) Payne, Mrs L Oliver, Mr and Mrs G H Thompson, Mrs Y Oxley, Mr R Russell, Dr J Taylor, Mr and Mrs C Titcombe, Mr and Mrs D Wilkins, Mr H

Junior Subscriber

Everton, Miss E M

17

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

SUPPLEMENTARY INFORMATION FOR THE YEAR ENDED 31 MARCH 2024

Friends of The Great Meeting Unitarian Chapel Hinckley

Bradbury, Mrs T Brindley, Mrs J Campton, Mrs C (deceased) Coleman, Mrs S Davenport, Mrs V Everton, Miss K Hill, Mrs P Matty Mrs A Matty, Mr M

18

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

SUPPLEMENTARY INFORMATION FOR THE YEAR ENDED 31 MARCH 2024

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
2022
Mr D Russell
1988
Mr R W Young
50
2023
G Pratt
1988
Mrs A E Davies
1,000
2024
Mrs H Bennett
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
1,000
240
1,000
366,244

19

THE GREAT MEETING UNITARIAN CHAPEL HINCKLEY

SUPPLEMENTARY INFORMATION FOR THE YEAR ENDED 31 MARCH 2024

The Annual General Meeting of the Congregation, held in the Chapel at 12 noon on Sunday 28th May 2023

  1. Chairman Howard Hague welcomed members to the meeting. Apologies were received from several members.

  2. Howard asked for a few moments silence to remember those members and friends who had passed away in the last year.

  3. The minutes of the previous meeting were read.

  4. Matters arising

  5. Mike Everton reported that the Tercentenary celebrations were splendid occasions and well attended. The booklet well received. The picnic in the grounds, after a wet start, finished off in brilliant sunshine, also well attended.

  6. Trustees explained the health of the accounts saying investments income less but still okay. No questions/queries raised.

  7. Election of Officers and Committee Nominations for Chairperson, Treasurer and Secretary were Howard Hague, Christine Everton and Eric Oliver respectively.

Also nominations for Committee, Andy Frost, Howard Wilkins and Jean Oxley, to serve 3 years. All were agreed by a show of hands by members.

Thanks were given to Committee and all others who keep the Chapel running.

Due to circumstances out of our control these minutes may not be a full account.

20