2024-12-31-accounts - Jesmond United Reformed Church - Trust Funds And Property Held In Connexion Therewith -

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Jesmond United Reformed Church Trust Funds and Property Held in Connexion Therewith Registered Charity No. 242567

Trustees’ Annual Report for the year January 1[st] 2024 to December 31[st] 2024

This report includes information required by the Charities (Accounts and Reports) regulations 2008 and the Statement of Recommended Practice for Accounting by Charities 2005 as applicable to charities entitled to prepare accounts on the receipts and payments basis.

Administrative information

Jesmond United Reformed Church is a local church of the United Reformed Church in Great Britain and is a member church of the Northern Synod of the Church.

Jesmond United Reformed Church is situated at Burdon Terrace, Jesmond, Newcastle upon Tyne NE2 3AE Tel: 0191 281 4676 Email: office@jesmond-urc.org.uk

The Church Office is normally open on Mondays and Wednesdays from 9.30am to 4.00pm, and on Fridays from 9.30am to 11.30am.

The Trustees during the period of this report were:

Revd Ryan Sirmons (Chair of Trustees) Mrs Moira Copeland Mrs Lindsay Cross (to April 2024) Miss Jean Degenhardt Mr Chris Hodder Mrs Helen Hodder Dr Alison Shiel

The appointed independent examiner is Mr David L. Kilner FCA, 7 Eldon Square, Newcastle upon Tyne, NE1 7JG.

The church buildings and Haldane House (formerly the Manse) are vested in the Northern Synod Trust of the URC as trustees and held for the benefit of Jesmond URC in accordance with the trusts applicable to URC properties.

Structure, Governance and Management

The governing document is the Trust Deed dated 5[th] February 1955, which concerned the house at 33 Clayton Road, Jesmond, purchased as the manse for Jesmond Presbyterian Church.

Objectives and Activities

The Trust Deed provides (paragraph 4) for the sale of this house and the use of the proceeds to purchase another manse. It also provides (paragraph 3) for the manse to be let and the net rental income to be used to meet the housing costs of the minister, and (paragraph 7) gives the congregation of Jesmond Presbyterian Church the power to appoint Trustees. Between 1955 and 1999 the individual trustees had been replaced by The United Reformed Church (Northern Province) Trust Limited and the property held as the manse had become the flat in Haldane House (known as 51 Burdon Terrace).

This trust exists to support the work of Jesmond United Reformed Church (Jesmond URC). (Jesmond Presbyterian Church became Jesmond United Reformed Church as a result of The United Reformed Church Act 1972),

The activities of Jesmond United Reformed Church are overseen by the Trustees within the Elders’ Meeting of the Church in accordance with the provisions of The Structure of the United Reformed Church determined by the General Assembly of the United Reformed Church and supplemented by the rules of the Church. The Elders’ Meeting is aware of the Charity Commission’s guidance on public benefit in ‘The Advancement of Religion for the Public Benefit’ and has regard to it in the administration of the Church. The Elders’ Meeting believes that the Church provides benefit to the public by providing resources and facilities for public worship, pastoral care, and spiritual, moral and intellectual development, both for the congregation and for anyone else who wishes to benefit from what the Church offers, and by promoting Christian values and service by members of the congregation to the community, for the benefit of individuals and society as a whole.

Achievements and performance

Jesmond United Reformed Church is part of the Northwest and Central Newcastle Joint Pastorate of the URC Northern Synod, along with St Andrew’s Kenton, St James’s, and West End URCs, with the Revd Ryan Sirmons as Minister of the Pastorate.

The Elders’ Meeting continues to work hard to develop mission and outreach activities, and to develop relationships with other local churches.

The Manse flat is let at a market rate. The net rental income is applied firstly for the maintenance of the flat, and then to pay a housing allowance to the minister or, during any vacancy, for the promotion of the religious work of the congregation.

The Trustees have reviewed the risks to the Trust. They insure Haldane House, of which the Manse forms part, arrange regular gas and electricity inspections, and employ an agent to oversee the tenants. In any year without rental income, the reserve would permit continuing maintenance expenditure with no housing allowance payable to the minister.

Financial review

Copy accounts period end 31 Dec 2024 attached

Receipts	£32568
Payments	£37961
Deficit	(£5394)

JESMOND UNITED REFORMED CHURCH REGISTERED CHARITY NUMBER 1137613 Pago 1 FINANCIAL 8TATEMeNT8 YEAR ENDED JI DECU18ER 2024 RECEIPTS AND PAYMENTS A¢¢OUNT Th1$ Y•4r 2024 Total £ Pr•vlou# Ye•r 2L723 Total £ Unrèstrltted Funda £ Deslgnatod Funds £ R•$trlcl?d Fund8 £ Not8 RECEIPTS Offerings Fund ralslno 8nd d¢nallons Programme activity income Monles ralsed for outslde causes Gift Aid lax repayments Properly,. churchlhall letunos Prop8rty.' church flat lelllngs Property.. Haldano House lelllFvJs Relmbu160m$n16 Rg¢olvfjd Grants recelved Bonk Interè81 and Inv081menl Incom6 Recolved from Man6e Fund 33.308 211 33,308 973 1,540 11,398 11,911 63.081 7,200 58,124 32,095 8,395 300 4.35T 8,520 L54,019 7.200 63.194 762 11.398 693 11.150 53.981 66.124 864 14,96 854 14,909 4,885 Total i¢e•lpt• 170 318 930 11,991 192 238 172965 PAYMENT$ Mlnlslry & Ml$$lon Fund MlnlslrylGroup exp•ns98 Church runnlno cost8 Haldane Houso runnlng ¢os13 Programm8 8cllvlly ¢081s Support of oul8ld8 caudes Malntenance of thurch bulldln08 Mfjlnlenoncé of Haldane House 23,551 2,435 88,010 1,333 3.494 8.320 6.927 1.1al8 23,551 2,435 88,010 1,333 3,494 18.985 6,122 1.148 23,486 3,900 88,063 1,288 2,511 12,587 14,792 1.360 10,645 195 10 Total paym•nls 134,219 19S 14S Osg 147.047 NET RECEIPTSI IPAYMENTSI 4S.098 730 25,017 ,' TFiAN8FER8 b•tw•on fundj CASH FUNDS blfwd l January X.'...:f10,731 :, , 192,904 708 204,342 179324 CASH FUNDS c1fv4d 31 Oecembei 251519 204,342 STATEMENfoF AS8ET8 ANO LIA81LITIE8 Th1• Year 2024 Tol•l £ Prévlous Ye•r 2023 rot41 £ Vnwstilcted Fund• £ 0•$1gn)l•d Funds £ Re•til¢l•d FundM£ Monatary 088at8 Bonk and Cash A¢¢oun18 238 002 2,062 201619 204 342 Olhor a8a6t& Inv8slfnenls 81 rn4rkel value 12 107.372 107,372 104,991 Assets used lor church purposes Buildings Contents 13 13 Clwrth btmklwws and Haldane Hous& Organ. lumishirvJs aThJ equiprnenl Significant creditors . APPROVED by th• Chur¢h M¢etlng on // +y75T"-£i? Z and slgned on It$ behalf by namel 151gnalurél The notes pages 2- 4 lotni e.art ollhl$ fin*n¢i&l st818ment

JESMOND UNITED REFORMED CHURCH REGISTERED GHARITY NUMBER 1137613 Page 2 FINANCIAL8TATEMÈNTS YEAR eNOED 31 DECÉMBER 2024 1 ACCOUNTING POLICIES AND PRACTICES The linan¢ial slalemenls hav6 been prepared in accordance with the Charities Act 2011 Section 130, using the Receipts and Payments basis available lo small tharbt*s. and the United Reformed Church guidance. All ligules have been rounded lo the nearesl Thd. 2 FUND ACCOUNTING Unreslrlcted Funds may be used by the clwrch for any of ordinary purposes. Designated Funds represent unreslricled lunds sel aside by ihe thurch for spacificdesignaled purpDSèS '. Ihay can bo transferred back into eneral funds al Ihe chutGh'$ decL8kJn. Balanca PaymbntB In r#&r £ Tr&n8for8 for gar£ Balanco cld £ Fund name & purpose RècelptS ear£ Joye• Herbert Bequest Star Fund al tho Communlty Foundallon Or an Fund 8,447 760 1,S34 195 8,252 750 2,464 930 Total d081 natgd fund$ 10,732 930 196 11,487 Rèslrl¢led Funds r8pr838nl Income whl¢h may b6 expended onty on those re8lrfded oiije¢l$ provld•d In Ihe terms of a trust or b8quosI, or donallons or grants received or Invited for a $po¢lfl¢ purpo$?. These fund8 can only be spent on the spe¢ift¢ puw for whlch IY wer• given. Any balanc• remalnlng unspent musl ba carried loard as a balan on Ihal fund forfulure expandiluie on that spe¢ifi¢ purpose, oy returned,, 11 cannot ba Absorbed Into ginor81 funds. Balance Reco5pt8 In ear£ PAymant• r£ Tr•n•fbrs for ar£ Bolanets Ifwd £ Fund namo & purpoAg Outsldo Caus66 Commltment tor Llle Cornmunlty Garden Fund other Th5rd Partl•$ 76 211 400 71 191 2.175 221 1,463 46 923 490 9.032 8,961 Total re•trlctBd lunds 707 11.398 Th1• Yoar 2024 Total £ Last Y•4r 2023 Totol t Unrestrf¢tod Fuhds £ Deslgnated Fund> £ Rèstrlctod Fund8 £ ' 3 MONIE8 IiAISED FOR OUTSIDE CAUSES Donallon8 for Oul$ld& Causes Commitment for Llle Othèr Ihlrd partle8 191 2,176 9,032 181 2,175 9,032 627 1,6QO 2,130 Total ral••d for oul8ld• ¢au80• 11,398 Th1$ Year 2024 Total £ Last Ye?r 2023 Total£ Unrestrlctod Funds £ Dèslgnated Fund& £ R&strlGled Funds £ 4 PROPERTY.. HALDANE HOUSE LETTINGS Haldane House ground floor Haldane House flat 51A Haldane House.. Garage Rents 44,580 6,394 2.220 -11 --Ji.-IL--I': 6.240 2.220 6,240 2,220 Total Haldane House propgrtii income 56.124 56,124 53,194 5 GRANTS RECEIVED Olher Grants Received 854 854 Total grants roed 854 854

JESMOND UNITED REFORMED CHURCH REGISTEREO CHARITY NUMBER 1137613 Page 3 FINANCIAL STATEMENT8 YEAR ENDED 31 DECEMBER 2024 NOTES - contlnuod Th1$ Yoar 2024 Total £ Last Yoar 2023 Tot81 £ Unrestricted Funds £ Deslgnated Fund$ £ Rostrlcied Fund$£ 6 CHURCH RUNNING COSTS Gas and electricity Insurance Water iales Telephone Salarles Slallonery 2nd pholocopylng Publl¢¥lions and other expenses LSc8nce3 and muslc Cl8anlng Organlplano malnlenan Equlpmant Accountancy And Payroll Fee& Profe881onal Fees Flower81garden Conlacll888 Admln 17.355 9.207 133 1.229 33,421 1.753 281 1.237 8,640 1,844 2.977 3,864 2,930 3.015 123 17,355 9.207 133 1,229 33,421 1,753 281 1,237 8,640 1,844 2,977 3,884 2,930 3,016 123 28.476 8,992 122 852 27. 751 1,668 518 I,ioo 8,193 2,657 1.052 2,795 2,077 150 Total church iunnlng ¢ost$ 88,010 7 HALDANE HOUSE RUNNING COSTS In$uran¢e 1,333 1,333 1,268 Total H•ldanè Hou•9 runnln ¢o•ls 1,333 . 8 SUPPORT OF OUTSIDE CAUSES Subscrlptlons Donallons from Gener81 Fund Oul$ldo Cousas Commllmenl for Llfe Olh6r Ihlrd artle8 25 25 25 8.295 221 1,463 8,961 7, 756 750 1,866 2.201 221 1,463 8,981 Total 4u 9 MAINTENANCE OF CHURCH 8UILDINOS De¢oraling Electrfcal Repalrs Plumblng Rap8lr8 Roof Repalrs Olher property Repalr8 SeNl¢ing Chur¢h Flat Renovation¢ Church Flat Olh8r Payments Lellino Agents Fee 1,160 1,916 60 77 414 878 1,160 1,918 80 77 414 878 280 2,904 1,771 1,123 3,002 2,311 319 196 195 1,080 342 1,080 1,451 342 Total malntenance ol Ghurch bulldlngg 195 10 MAINTENANCE OF HALDANE HOUSE Repair, redecoration and olher work Agent's fees for flat 51A Upkeep ol Flat 51A Servicing 51A Ulililies 347 g59 54 936 10 202 936 10 202 Total maintenance of Haldane Housè 1.148 1,560 Ii MONETARY A88ET8 The chur¢h monles af¢ not held In segregated acco)1$, bul (or Ihe sake of this finandal 81atemenl the lolal ol each account 1$ allocated -p.pr¢prlalely.over the varlou8 funds.

. JESMOND UNITED REFORMEO CHURCH , REGISTERED CHARITY NUMBER 1137613 Pago 4 FINANCIALSTATEMENTS YEA1< eN020 31 DECENIBER 2024 NOTES. ¢ontlnu•d 12 INVESTMENTS HELD FOR CHURCH PURPOSES These14rgely comprise three bequesls- The Col. JR Hall. the GL Young bequest and th6 TW Cr8wford b8qu¢$l. The income from thes6 bequests is paid to the Cenaral fund. Tho holdings and value of the inveslmenls Is shovm as follows- 2024 ark•t Valua £ 2023 Markat Vdlue £ Unlts Incom8 £ Unlts Hall bequesl Young boqu•st Crawford b•qu08t Other 23 639 4.188 441 467 12,967 84,988 8,949 13 363 2,313 244 23 639 4,188 441 456 12,660 83,104 8,761 Total Inv¢olmenls 107373 5,291 All unlts, markat VAlue8 and Income h8v8 beén roundéd lo Iha nearest wholè numbèr. 13 AS8ETS USED FOR CHURCH PURPOSE8 Tha ¢hur¢h end hall bulldlng$ are Insurad by the thurth for £16.112.768 and Haldane Houso lor £1,936,794. In addlllon. tinanls Improvement$ lo Hakjang House are insured and shown separately as £13,558, The or an, furnllura, ei. ment and Con115 ol the ¢hur¢h arKI Hahjane House are In$urod b the church for £1,440,867,

' JESMOND UNITED REFORMED CHURCH REGISTERED CHARITY NUMBER 1137613 Page 5 , FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 Appendlx 1 , JOINT PASTORATE ACCOUNT MINISTERIAL EXPENSES This Year 2024 Total £ Last Year 2023 Total £ Receipts Support from West End Support from Jesmond Support from St James Support from St Andrews 1,691 2,111 1,271 1,691 1,691 2,111 1,271 1,691 Total racelpt8 6,766 6,768 Payments Car mlleage Car Allowance and Employers Nl Mlnlsler's expenses Contrlbutlon to Holy Island retreat Tralnlng Council tax Phone (including broadband) Water rates Inductlon costslgifls Set up fund Manse repairslimprovements Manse- Council Tax Manse- Building Insurance Manse - Boiler Service Manse - Phone Manse- Water Rates 1,366 643 150 468 2,265 724 334 1,366 1,251 299 2,157 531 309 Totsl payments ' CASH FUNDS blfwd l January NET RECEIPTS I {PAYMENTS> 448 449 Jolnt Pastorate Account ,,'Ii 3,013 2,665 Balanca apportloned between West End Jesmond st James St Andrews 753 934 573 753 641 898 385 641 35% Balance at 31 December 2024

. JESMOND UNITED REFORMED CHURCH MANSE FUND Page 6 FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 MANSE FUND RECEIPTS AND PAYMENT ACCOUNT REGISTERED CHARITY NUMBER 242S67 This Year 2024 Total £ Last Year 2023 Total £ Recelpts Rent {see note a} Utilities Bank Interest and Investment Income 32,292 29,484 276 1,083 Total recelpts 32,568 30,667 Payment818e6 notes b and c) Jolnt pa8loTate houslng ¢onlrlbullon Agent's fees uiiiitles management fees Furnl6hlngs and fittlng8 3,380 8,135 5,360 &602 740 125 Insurance Servl¢lng, r8palrs and maintenance Gardenlng, ¢leanlng and other Payments to JURC General Fund 1,298 25,129 1,298 1,268 5.968 2,109 Total paymentÈ 37,961 18,432 NET RECEIPTS I (PAYMENTS) 5,394 12,135 TRANSFERS botween funds (se6 nole d) CASH FUNDS blfwd 1 Januaw_ 114,449 102,316 CASH FUNDS clfwd 31 Decombor 109,055 114 449 Note; a) The Manse Fund receives Income from the letling of the manse. b) The cost of mainlalnlng Ihe manse 1$ Charged to the Manse Fund. cl Where approprlate, the cost of work at Haldane House is apportioned bewn Jesmond URC General Fund and the Manse Fund, dl Any balance above £5,01)O In Ihe Manse Fund Can be applled for general thurch purpo8e8.

JESMOND UNITED REFORMED CHURCH REQISTERED CHARITY NUMBER 1137643 Page 7 RECEIPTS AND PAYMENTS ACCOUNT YEAR ENDED 31 DECEMBER 2024 ., INDEPENDENT EXAMINER'S REPORT I report on the financial slalements ofJesmoThJ URC for the year ended 31 De¢*mber 2024, which are set out on pagès I to}., Respective responsibilities ' The church is resptsnsible for the preparation of th8 financial statements. and considers that the auditrequirement of Section 144(2} of the Charities Ael 2011 (the Act) does not apply. It is my resp(M)sbility to state. on the basis of procedures specified in the General Directions given by the Charity Commissionars under Sectton 14q5)(b) of the Act, whather particular mallers have como lo my attention. Basls of Ind•pondent ExamlneV8 VOPOrt My examinatlon was corrled out In acco[dae wilh the General Dlrections of lh8 Ch3rily Commlsslon8r8. An examlnatlon Includes a rovi8w of lh8 accounllng records kept by Ihe church and a comparison of ihe accounts pr8s&nled with thosè r8cord5.11 also Includé8 ¢onsldarAllon of any unusual Items or disclosures In Ihe linancial slatemenls, and seeking explanatlon8 concèrnlng any such matt8f8. ' Th¢ proeédur08 undertaken do not provwje all tha 6vld6nce thal would be réqulred In an audS1, and con88qu&nily I do not 8xpr888 an 8udil oplnlon on the vlew glven by Iho financlal siatomenl8. Indepèndent Examln8r'8 $tat•monl In connecllon wllh my examination of thé church lund$, nothing camé lo my alienlion whl¢h gavè me causé to belleve olh8rwt88 Ihan that th8 financial statements arxord with thé a¢¢ounllng recoards of thé dwr¢h, and that thos8 records 8ali$fled the requirements of the Acl.18m not aware of any mallér to whlch altanllon should be drawn In order to enable 8 proper undèrstandlng of thè flnanclal stalèm8nt8 to be reached. Signed by the I de endent ExÈmifier'. Oal•'. NsM8 and address of thè Independent Examlner.. Davld Kllner, F.C.A. 7 Eldon Square Newcastle upon Tyne NE17JG

. JESMOND UNITEO REFORMED CHURCH PIANSE FUND REQISTERED CHARITY NUMBER 242567 Paga 8 RECEIPTS AND PAYMENTS ACCOUNT YEAR ENDED 31 DECEMBER 2024 INDEPENDENT EXAMINER'8 REPORT I roporl on the flnan¢lal Staloments of the Manse fwd for tho year ended 31 De¢xmber 2024, whl¢h Is set out on page 6. Respective responsibilitiès The church is responsible for the preparati( of th8 financial statemts. and considers that Ihe auditrequirement of Section 14412) of the Charities Act 2011 Ilhe Acll does not apply. It is my responsbilrfy to state. on the basis of procedures specified in the General Directions given by the Charity Commis$i¢*ws under Section 14515)(b) of the Ac( whether particular matters hav8 come to my attention. B&81s of Indopondent Examlnèr'j report My 8xamlnatlon was carrled out In 8ccordance wlth the Goneral Direclion8 of the CharltyCommlJ8lon8r8. An 8xamlnalion Includgs a revlow of tha aecountSng records kept by the church and a comparlson of the accounlfy pr888nled with those r8cords. It also Includes con6lderalion of any unusual il8m6 or dlsclosures In the Ilnanclal slalemenls, and 8eèklng èxplanatlon8 eoncernlng any such matters. Thè procedures undertaken do not provide all tho evldence thai woutrj b6 f+squlred In an audit, and consèquèntly I do ntsi express an audit oplnlon on the vlew glven by lh& flnanclal slal&menl8. Independ•ntExamlnér'8 8lat•m•nt In connecllon with my examlnallon of the ¢hur¢h funds, nolhlThJ came to ry attentton which gave me U$8 to belleve otherw189 than Ihal the finan¢lal Slalements 8e¢ord with thè acuunling recoards of churd). and that those records $ali$fied the requlrements of th6 Act. l am not aware of any nller to wN¢h allents'on shouhj bè drawn In order to enabl& a propèr under$tandlng of the financlal 8talemenls to b& reached. Signad by thè Inda endenl Examlnei.. Dale: Namo and address of Ilié Ii)depdlKldiil Examinor- Davld Kllnor, F.C.A. 7 Eldon Square Newcastle upon Tyné NE17JG