## **Essex Hall** **Registered as a charity, number 248442 Incorporated under the Companies Act A Company Limited by Guarantee, number 00023132** ## **REPORT AND ACCOUNTS 31 DECEMBER 2022** |References and Administrative details|1| |---|---| |Trustees’ Annual report|2-4| |Report of the Auditors|5-8| |Statement of Financial Activities|9| |Balance Sheet|10| |Statement of Changes in Equity|11| |Cashflow|12| |Notes to the Accounts|13-17| Page 1 ## **ESSEX HALL** ## **REFERENCE AND ADMINISTRATIVE DETAILS** **Registered charity name Essex Hall Charity Registration Number 248442 Company Registration Number 00023132** **Trustees during the year and up to the date of signature of the financial statements** Rev Peter Hewis (Chairman - resigned 25 May 2022) Alan R Ruston Dr David L Wykes Derek McAuley (resigned 25 May 2022) Jeffrey J Teagle (Treasurer) Mike Barber Andrew G Mason (Secretary) Elizabeth Slade John M Barber (resigned 17 May 2023) Rev Martin Whitell Martin Gienke Christine Martin **Directors during the year and up to the date of signature of the financial statements** Alan R Ruston Dr David L Wykes Jeffrey J Teagle (Treasurer) Andrew G Mason (Secretary) Elizabeth Slade Rev Martin Whitell Sarah Boyce Joanna T O’Sullivan ## **Principal and Registered Office** Essex Hall 1/6 Essex St London WC2R 3HY ## **Auditors** Shaw Gibbs (Audit) Limited 264 Banbury Road Oxford OX2 7DY ## **Bankers** CAF Bank Ltd 125 Kings Hill Avenue West Malling, Kent ME19 4 JQ ## **Investment Managers** Redmayne Bentley 9 Bond Court, Leeds LS1 2JZ Page 2 ## **TRUSTEES’ ANNUAL REPORT INCORPORATING STRATEGIC REPORT Charity Registration Number 248442 Year ended 31 December 2022** Trustees of the charity for the purposes of Company Law, have pleasure in presenting their report and the financial statements of the charity for the year ended 31 December 2022. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The charity is registered with the Charity Commission in England and Wales, and is a company limited by guarantee registered at Companies House. The charity was incorporated on 5[th] August 1886 and is governed by its Memorandum and Articles of Association, which were amended in May 2019. ## **Trustees of the charity** The trustees and directors who have served during the year and since the year end were as follows: Trustees during the year and up to the date of signature of the financial statements Rev Peter Hewis (Chairman - Andrew G Mason (Secretary) resigned 25 May 2022) Elizabeth Slade Alan R Ruston John M Barber (resigned 17 May 2023) Dr David L Wykes Rev Martin Whitell Derek McAuley (resigned 25 May 2022) Martin Gienke Jeffrey J Teagle (Treasurer) Christine Martin Mike Barber Directors during the year and up to the date of signature of the financial statements Alan R Ruston Elizabeth Slade Dr David L Wykes Rev Martin Whitell Jeffrey J Teagle (Treasurer) Sarah Boyce Andrew G Mason (Secretary) Joanna T O’Sullivan ## **Risk Management** The Committee have examined the major strategic and operational risks which the charity faces and confirms that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks. ## **Membership** There were 8 Members at the end of 2022 (2021: 9). ## **Public Benefit** The trustees have taken into account the Charity Commission guidance on public benefit and believe that the activities of the charity are in line with that guidance. ## **OBJECTIVES AND ACTIVITIES** The objects for which the Company is established are specifically restricted to: 1. the promotion of religion in accordance with the principles of the General Assembly of Unitarian and Free Christian Churches; and 2. such other object or objects, religious, educational or otherwise exclusively charitable, and in such manner in all respects as the Directors of the Company shall from time to time in their unfettered discretion decide. Page 3 ## **TRUSTEES’ ANNUAL REPORT INCORPORATING STRATEGIC REPORT Charity Registration Number 248442 Year ended 31 December 2022** The Charity’s activities have included: - a) Making accommodation available for the General Assembly of Unitarian and Free Christian Churches and the British and Foreign Unitarian Association (Inc) - b) Providing a meeting place for Unitarian and kindred bodies in the London area - c) Renting surplus accommodation to commercial organisations - d) Occasional lettings of meeting rooms to outside bodies - e) Providing a grant to the General Assembly of Unitarian and Free Christian Churches ## **FINANCIAL REVIEW** ## **Reserves Policy** Rent Reserve – The Trust ’ s policy is to maintain sufficient reserves to meet current anticipated liabilities. Repairs Reserve – The Trust’s policy is to maintain sufficient reserves to meet anticipated repairs. Sinking Funds – Sinking Funds have been set up to meet predicted future costs for known large capital items: the roof, lift and heating system. ## **Investment Policy** The investment objective is to maximise a balanced return from income and capital over the longer term without taking undue risk. This is achieved by investing principally in listed common investment trusts and fixed interest stocks. The following ethical restriction applies to the portfolio – direct investment in armament, tobacco and gambling involvement is not permitted. ## **Tenants’ Report** Retail floor: the shop front is unoccupied and has been since 2020. The General Assembly intend to occupy this space in future. Ground Floor: Whitestone Chambers, a firm of barristers, occupy the Martineau Hall. First Floor: The upper level is occupied by the General Assembly of Unitarian & Free Christian Churches, along with the Lindsey Room at the front. The General Assembly also occupies storage space in part of the basement (including the Harman Room) and a Ground Floor Reception. The lower level of the first floor is occupied by Little Essex Street Service Company (previous Brick Court Chambers), a Barristers’ Chambers. Second Floor: Little Essex Street Service Company (previous Brick Court Chambers) occupy the entire second floor office space. Third Floor: Little Essex Street Service Company (previous Brick Court Chambers) occupy the entire third floor office space (excluding the Caretaker ’ s Flat). ## **PLANS FOR FUTURE PERIODS** The Trustees will continue to let out space in the building in order to further the Trust’s activities and objectives. The building is now fully occupied apart from the shop but there have been reductions in the rents payable following the pandemic. As a consequence of this, there is a deficit of £205,388 for the year 2022. The situation is predicted to improve when the rental values return to normal and stock values recover. Page 4 ## **TRUSTEES’ ANNUAL REPORT INCORPORATING STRATEGIC REPORT Charity Registration Number 248442 Year ended 31 December 2022** ## **ACHIEVEMENTS AND PERFORMANCE** ## **Impact of Covid19.** The Trust’s investments have been subject to fluctuations in value during the year. The impact of these factors has been to reduce income but has not resulted in a crisis. The location of Essex Hall in a central area for the legal profession has given hope for recovery and long-term security. The surplus for the year, and reserves built up over the past decade, should ensure that the Trust remains in robust financial health until the London property market recovers. The Trustees cannot take this for granted and remain alert to the impact of Covid19. ## **RESPONSIBILITIES OF THE TRUSTEES** The trustees (who are also directors of Essex Hall for the purposes of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to: - Select suitable accounting policies and then apply them consistently - Observe the methods and principles in the Charities SORP (FRS 102) - Make judgements and estimates that are reasonable and prudent - State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: - There is no relevant audit information of which the charity’s auditors are unaware; and - The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. ## **Auditor** A resolution to re-appoint Shaw Gibbs (Audit) Limited as auditor for the ensuing year will be proposed at the Annual General Meeting. Andrew Mason Registered Office Essex Hall 1-6 Essex Street London WC2R 3HY Signed by order of the trustees Andrew G Mason, Secretary Date: 19 Sep 2023 Page 5 ## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF ESSEX HALL Year Ended 31 December 2022** ## **Opinion** We have audited the financial statements of Essex Hall (the ‘ charitable company ’ ) for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Balance Sheet, statement of cashflows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - ’ - give a true and fair view of the state of the charitable company s affairs as at 31 December 2022, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor ’ s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC ’ s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## **Conclusions relating to going concern** We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where: - the trustees ’ use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or - the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charitable company ’ s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Page 6 **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF ESSEX HALL Year Ended 31 December 2022** ## **Other information** The trustees are responsible for the other information. The other information comprises the information included in the trustee’ annual report, other than the financial statements and our auditor ’ s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Opinions on other matters prescribed by the Companies Act 2006** In our opinion, based on the work undertaken in the course of the audit: - the information given in the trustees’ report for the financial year for which the financial statements are prepared is consistent with the financial statements; and - the trustee’s report has been prepared in accordance with applicable legal requirements. ## **Matters on which we are required to report by exception** In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustee’s report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of directors’ remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit; or - the trustees were not entitled to prepare the financial statements in accordance with the small companies ’regime and take advantage of the small companies ’exemptions in preparing the trustees ’report and from the requirement to prepare a strategic report. Page 7 **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF ESSEX HALL Year Ended 31 December 2022** ## **Responsibilities of trustees** As explained more fully in the trustee’s responsibilities statement set out on page 4, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company ’ s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. ## **Auditor** ’ **s responsibilities for the audit of the financial statements** Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor ’ s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council ’ s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor ’ s report. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below: 1. At the planning stage of the audit we gain an understanding of the laws and regulations which apply to the company and how the management seek to comply with those laws regulations. This helps us to plan appropriate risk assessments. 2. During the audit we focused on relevant risk areas and review the compliance with the laws and regulations by making relevant enquiries and undertaking corroboration, for example by reviewing Board Minutes and other documentation. 3. We assessed the risk of material misstatement in the financial statements including as a result of fraud and undertook procedures including: - a. Reviewing the controls set in place by management - b. Making enquiries of management as to whether they consider fraud or other irregularity may have taken place, or where such opportunity might exist - c. Challenging management assumptions with regard to accounting estimates - d. Identifying and testing journal entries, particularly those which appear to be unusual by size or nature Page 8 ## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF ESSEX HALL Year Ended 31 December 2022** Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. ## **Use of our Report** This report is made solely to the charitable company ’ s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company ’ s members those matters we are required to state to them in an auditor ’ s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company ’ s members as a body, for our audit work, for this report, or for the opinions we have formed. Samantha Daniels 20 Sep 2023 **Samantha Daniels (Senior Statutory Auditor) For and on behalf of Shaw Gibbs (Audit) Limited, Statutory Auditor** **264 Banbury Road, Oxford, OX2 7DY** Page 9 EX HALL Inco oratsd under the Com nies Act Acom Limited Guarantee F FINANCIAL ACTIVITIE R THE YEAR ENDE ATEMEN 1 DECEMBER Unre51ricted Funds include DesvJnated Funds and Unr•sir1￿ Revaluation ReseNe. Fubmls I￿￿OmIng Re$our¢e$ Incoming resources from charitable actwibes R&nts Receivab - SeNice Charges Misc Income Olh&r income Investment Income and Interest Total incoming r8sourc85 2022 Total 2021 Totsl Fund* 346.645 48.757 346,645 59,444 389,405 120.245 2,000 16 37.398 549,064 389,405 128,844 2.000 29 37,398 S57.676 10.687 8,599 13 39.039 434,441 522 11.209 39,561 445.650 8.612 Re$our¢•s Expmd charitab￿ 8clivitias rant to the General Assemb 226.0Tr) 226,C#X) 226.OC(I 226.000 -service Cost$ Other Costs 82.748 86.760 82.748 86.760 193,8 87.412 193.890 87,412 Totsl Ro•OU￿¢9 ¢x￿nd0￿ Not Incomlng l outgolng r880urc08 b8fore transfers 395.508 $07,302 $07,302 38.933 11.209 50.142 41,762 8,612 50.374 Gross Transf•rs bohv••n lunds Net Incomlng l outgoing r880urcea bofor• oth•r rKo9nlMd g•ln• and IoM•• 38.933 11.209 50.142 41,762 8.612 SO.374 Other recognised gains I Ilossesl GainsllLossesl on Investrnenl assets 4 1 255.5301 1 255.5301 102,61S 102.615 N¢t movgm8nt Sn funds 216.597 11.209 20S.388 144.377 8.612 152.989 Funds brought forward at 1st January 2022 Nel movement in funds Funds ¢arried forward at 318t O•c•m￿r 2022 12040284 216.596 11 823.688 141756 11.209 152.964 12.182.040 205.388 11.976.652 11.895.907 144.377 12.040 284 133.144 8.612 141.756 12.029.051 152.989 12 182.040 Company Registration No 00023132 Page 10 ESSEX HALL Incor orated under the Com anies Act Acom Limited b Guarantee BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2022 an Notes 2022 2022 2021 2021 Flxed Assets Investment property Listed Investments 10.500.000 1.022.490 10,500.000 1,286,028 11.522.490 11.786,028 Sundry Debtors Debtors.. amounts falling due within one ye., Cash al bank and in hand 27,640 ,300 616,621 644,261 524,681 620,981 Creditors amount$ falling due within one year 1190,099 224,969 454,162 396,012 11.976,652 12,182,040 Capltal Accounts Unrestricted Funds Reslricled Funds Designated Funds Revaluation reserve 13 1.298.732 152. 370.682 13 10,154,274 1,515.328 141.756 370,682 10,154,274 11.976,652 12,182,040 These financial statements have been prepared in accordance with the provIs￿n$ applicable to companies subject lo the small companies, regime. These financial statement5 were approved by the members of the Comrnittee and authori$ed for issue on and are signed on their behalf by'.- Jeffrey J Teagle Treasurer 20 Sep 2023 The notes on es 13to 18fom rt of these accounts Company Registration No 00023132 Page 11 ESSEX HALL Incor orated under the Com anies Act Acom an Limited b Guarantee esinE for the ear ended 31st December 2022 Restricted and Unrestricted Designated Funds Funds Statement of Chan ui Revaluation Reserve Total Balance at 01 January 2021 10.154.274 1.370.951 503.826 12.029.051 Year ended 31 Decernber 2021 Net movement in funds Transfers Balance at 31 December 2021 144,377 8,612 152,989 10.154.274 1.515.328 512.438 12.182.040 Year ended 31 December 2022 Net movement in funds Transfers B•lan¢o at 31 Do¢ombor 2022 216,5971 11,209 1 205,3881 10,154,274 1,298,731 523,647 11.976,652 Company Registration No 00023132 Page 12 ESSEX HALL Inco oraled under the Com anies Acl Acom Limiied b Guarantee an Statement of Cashflows for Ihe y8ar ended 31 Decemter 2022 2022 2022 2021 2021 Cash flow from opèrating artivltiès 44.371 199,274 Nel cash fl¢)w frrxn Charntab￿ activities 44,371 199,274 Cash flow from investing activitles Payments lo acquire Investments PrO￿ed$ on disposal of fixe(l asset Invesbnent Intsffj$t received Dividends received 1246,2101 39.561 37,382 Net cash flow frrjn invests.ng activities 47.569 1208,7981 Cash flow from flnancln8 actlvltles N81 Increa58 I Idecreasel In cash and cash •quiVal￿ts 91,940 19,5241 Cash and cash equivabnls at start date 524.681 534,206 Cash and Cash equivabnls at eno date 616.621 524,681 Cash and cash equlvalents conslsts of.. Cash at bank and in hand 616.621 524,681 Cash and cash equiv8￿n1S at eThJ date 616.621 524,681 Rewncilialion of net income I Iexpendrtu￿} to net cash frcm i)perating acts"¥￿.es 202Z Z021 N8t incorne I18xpendrtur•l lor year I ￿ric4 1x6.3881 152,989 Dividends re￿iVed Interest receivab18 Dep￿CiatIOn and Impaimient of tsngible fixed assets IGainsl I Ios8es on investh)ents IGainslllosses on tsngible assets lInc￿ase) I ￿e￿)se In deblo Increase I Idecreasel in ¢￿dItorS 139.5611 137,3821 255.5 1102,6151 68.6[ 134.8701 94,322 91.049 Net cash flow frcm operating activthes 44,371 199,274 Page 13 **ESSEX HALL** ## **NOTES TO THE ACCOUNTS - 31 DECEMBER 2022** ## **1) ACCOUNTING POLICIES** ## **a) Basis of preparation** The financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (FRS 102), the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime and Statement of Recommended Practice Accounting and Reporting by Charities (SORP FRS 102). The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared on the historical cost convention, modified to include listed investments and freehold property at fair value (effectively market value). The principal accounting policies adopted are set out below. Essex Hall meets the definition of a public benefit entity under FRS102. ## **b) Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are represented by income received for specific purposes as laid down by the donors. Expenditure meeting the criteria of the specified purposes is charged against the funds, together with a fair allocation of overheads and support costs. Designated funds are unrestricted funds earmarked by the Board for particular purposes. ## **c) Investment income** Investment income is accounted for in the period in which the charity is entitled to receipt of the income. Income from rent and service charges is recognised when invoiced with amounts invoiced in advance of the rental period (which excludes rent free periods) carried forward as deferred income. ## **d) Resources expended** Resources expended (including grants) are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered, and are classified under headings that aggregate all costs related to that activity as detailed in note 2 to the financial statements. Page 14 **ESSEX HALL** ## **NOTES TO THE ACCOUNTS - 31 DECEMBER 2022** ## **e) Depreciation** Furniture and fittings are depreciated so as to write off their cost over their estimated useful lives at the rate of 10% on the written down value. ## **f) Pensions** The pension costs charged in the financial statements represent the contribution payable by the company during the year. ## **g) Investment properties** Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in ‘net gains/(losses) on investments’ in the SoFA. ## **h) Fixed asset investments** Listed investments are stated at market value. Changes in market value are credited or charged to the Statement of Financial Activities. Gains and/or losses arising from the disposal of shares are recognised as being realised whereas gains and/or losses arising from the movement in share prices are recognised as being unrealised. ## **i) Taxation** Essex Hall is a charitable institution with exemption from UK Corporation Tax under Section 478 of the Corporation Tax Act 2010. ## **j) Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. ## **k) Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operation existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. Page15 ESSEX HALL Incor orated under the Com anles Act Acom Limited b Guarantee For tho gar ended 31 December 2022 an 2- RESOURCES EXPENDED Service Costs Other Costs Total 2022 Rates Water Rates Insuran Lighting and Heating Caretaking and c￿aning Management and Office Expen585 Audit incl Service charge audit Professional Fee$ Oeprecialion ol Fixtures and Fthngs Repairs Bad debls Irrecoverable VAT 42.068.(M) 1.364.00 42.068. 1,384.(Kl 14,038. 9,508.(KI 36,195.CKJ 836.¢YJ 9.043. s2,(￿7.￿> 14.038.CKI 9.508.00 36.195. 9.043.￿) 32,c￿7.00 22.171.￿? 22.171. 2.218.CM) 86.760.00 2,218. 169,508.(KS 82.748.00 O¢hgr Total 2021 Costs Rates W8ler Rai•s Insurance Lighlirs and Heating Caretaking and Cbaning Management an(J Office Expense$ Audit Ind Service charge audit Professional Fe&$ 08preciaiion of F￿￿r•S and Frtb'ngs Repairs ead debts Irrecoverable VAT 42.193.00 1.04311 42,193. 1,0431 13.743. 10.6S6.IY) 37.208.C 1.040.CIJ 5.308. 24,507. 940.C 131.243.(KJ 9,779.(X) 5.728.¢X) 281,302.¢J) 13.743. 10.656.CQ 37.208.C#) 1.040.C#) 5.308.C#) 24.507.00 131,243.LKI 9.779.00 5.728.00 87.412.00 193.8￿).00 Caretaking and ¢￿￿NIng costs indude the folbwiNJ siaff costs 2022 31.168 2021 28,077 W8ges and 58larie5 Social secunty costs Pension costs" see Note11 1.447 31.168 29.524 The average number of full time equivalent emplo>tes vras 212021:.21 No empk)yee eamed In excess of £80.CX)J Total Iru5tees' remuneration in Ihe )Yarvd5 nil 12021:_ £NILI Expenses dairned by Trustees in the yearwas £4912021.'nill 3.INVESTMENT PROPERTY The investment property is the tsu1￿1￿9 at 1-6 Essex st￿1. Ivs wrrEnt valuatK)n ts £10.500,000 The directors have rewewed available irtrortnation. induding insurance valuation and those from propetty professionals and are of the opinion Ihal the value of the freehohd prcperty thrcughout the year Yds £10.5M. Company R418traton No 00023132 Page 16 ESSEX HALL Incor orated under the Com anies Act Acom an Limited b Guarantee For the ear ended 31 December 2022 4-FIXED ASSET INVESTMENTS 2022 2021 Opening Balance at 1st January Add.. Acquisitions al cost less." disposals al opening book value Net gainlllossl on revaluation Realised gainll lossl on disposal Market Value as al 31st December 2022 1,286,028 0.000 (5.0201 {261,5061 2,988 1,022.490 937,202 387,688 1141.4811 105,390 2,771 1.286,028 Historical Cost as at 31st December 2022 1,088,189 1,093,829 S-DEBTORS 2022 2021 Trade Debtors Prepayments and Accrued Income Total Oeblors 9,773 17.867 27,640 78,433 17,867 96,300 6- CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Other Creditors and A￿r￿al3 Deferred income VAT, Taxation and Social Security Trade creditors Total Credilory 130,671 48,205 5.468 5.755 190.099 133,057 75,953 13,779 2,180 224,969 Company Registration No 00023132 ESSEX HALL Incor orated under the Com anies Act Acom an Limited b Guarantee For the ear ended 31 December 2022 Page 17 7-UNRESTRICTED FUNDS 2022 30.461 66,446 1,201.825 2021 30.461 66,446 1,418.421 Capitsl Ac￿￿nI Appeal Fund Income and Expendrture Account from SOFA 1,298.732 1,515,328 8-DESIGNATED FUNDS BALANCE INCOMING OUTGOING 8ALANCE 01101122 RESOURCES RESOURCES 31112122 Repairs Reserve Rent Reserve 295.682 75,000 370,682 295,662 75,000 370,682 9- RESTRICTED FUNDS BALANCE INCOMING OUTGOING 8ALANCE 01101122 RESOURCES RESOURCES 31112122 90,016 5.937 95,953 29.263 3,166 32,429 22.141 1.s83 23.724 336 522 858 Needs transfer between unrestricted and restricted. 11.208 152,964 Sinking Fund-Roof Sinking Fund-Lift Sinking Fund- Healing Bank Interest 141.7S6 The Sinking Fund represents contributions received from tenants to be used towards future Capitsl expenditure. 10-CAPITAL COMMITMENTS There were no capital commitments a'ther contracted for or authorised al the Balance Sheet dale12021.. £Nill 11-LIABILITY OF MEMBERS In the event of the So¢iety being wound up during the peri¢xl of membership or within one year afterwards, every member undertake5 to contribute to the assets of the Company an amount not exceeding £5 for the payment of debts ctsnlracled up lo the dale of cessation of membership together wrth the costs of winding up. The number of member5 al 31st December 2022 was 1112021-. 111. 12-PENSION COSTS AND RELATED CONTINGENT LIABILITY The company used to contribute to a define(l con1ributi￿ scheme. The final amount payable lo the Pensions Trust was £256 in 202212021.. £256) Company Registration No 00023132 ESSEX HALL Incor orated under the Com anies Act Acom an Limited b Guarantee For the ear ended 31 December 2022 Page 18 13- ANALYSIS OF NET ASSETS BETWEEN FUNDS Unro$trlct Funds Deslgnat•d Funds Rostrl¢tsd Revaluatlon Funds Reserv• 2022 Total Tangible Fixed Assets Investments Net Current Assets 345.726 1,022.490 69.4841 1,298,732 10,154,274 10.500,000 1,022,490 454, 162 11,976,652 370.682 370.682 152.964 152,964 10,154,274 Unr•strlct Funds D•slgnattd Funds Ro$trl¢t•d Revaluatlon Funds Reserve 2021 Total Tangible Fixed Assets Investments Net Current Assets 345.726 1,286,029 116,427 1,515,328 10.154,274 10.500,000 1,286,029 369,011 12,155,040 370.682 370,682 114,756 114,756 10.154,274 Company Registration No 00023132 ## **Issuer** Shaw Gibbs **Document generated** Fri, 25th Aug 2023 7:10:09 UTC **Document fingerprint** ea825556bb3ca91e773ad1d7bb524cbb ## **Parties involved with this document** ## **Document processed** ## **Party + Fingerprint** Tue, 19th Sep 2023 16:25:11 UTC Wed, 20th Sep 2023 6:40:08 UTC Wed, 20th Sep 2023 8:19:41 UTC Andrew Mason - Signer (a3123b1993412c0acb79ea61d087e8bf) Jeffrey Teagle - Signer (9baf458b2cb6c8ea2a4d50698c4e39a4) Samantha Daniels - Signer (0ae95da5f6679bbee320caa3c3efa5bc) ## **Audit history log** ## **Date** ## **Action** Wed, 20th Sep 2023 8:19:42 UTC Wed, 20th Sep 2023 8:19:41 UTC Wed, 20th Sep 2023 8:19:41 UTC Wed, 20th Sep 2023 8:18:34 UTC Wed, 20th Sep 2023 6:40:09 UTC Wed, 20th Sep 2023 6:40:09 UTC Wed, 20th Sep 2023 6:40:09 UTC Wed, 20th Sep 2023 6:40:08 UTC Wed, 20th Sep 2023 6:34:41 UTC Tue, 19th Sep 2023 16:25:12 UTC Tue, 19th Sep 2023 16:25:12 UTC Tue, 19th Sep 2023 16:25:12 UTC Tue, 19th Sep 2023 16:25:11 UTC Tue, 19th Sep 2023 16:24:29 UTC Tue, 19th Sep 2023 16:24:18 UTC Tue, 19th Sep 2023 16:24:18 UTC Tue, 19th Sep 2023 16:09:21 UTC Samantha Daniels viewed the envelope. (85.255.232.158) This envelope has been signed by all parties (85.255.232.158) Samantha Daniels signed the envelope (85.255.232.158) Samantha Daniels viewed the envelope. (85.255.232.158) Jeffrey Teagle viewed the envelope. (31.52.114.58) Document emailed to samantha.daniels@shawgibbs.com (18.130.164.197) Sent the envelope to Samantha Daniels (samantha.daniels@shawgibbs.com) for signing (31.52.114.58) Jeffrey Teagle signed the envelope (31.52.114.58) Jeffrey Teagle viewed the envelope. (31.52.114.58) Andrew Mason viewed the envelope. (109.73.121.94) Document emailed to jeffteagle@btinternet.com (3.11.79.13) Sent the envelope to Jeffrey Teagle (jeffteagle@btinternet.com) for signing (109.73.121.94) Andrew Mason signed the envelope (109.73.121.94) Andrew Mason viewed the envelope. (109.73.121.116) Andrew Mason opened the document email. (109.73.121.153) Andrew Mason opened the document email. (109.73.121.153) Andrew Mason opened the document email. (109.73.121.84) Wed, 13th Sep 2023 14:57:21 UTC Wed, 13th Sep 2023 14:06:57 UTC Wed, 13th Sep 2023 14:06:56 UTC Mon, 11th Sep 2023 17:12:06 UTC Mon, 11th Sep 2023 15:51:56 UTC Wed, 6th Sep 2023 9:28:46 UTC Tue, 5th Sep 2023 15:11:39 UTC Tue, 5th Sep 2023 15:11:38 UTC Mon, 4th Sep 2023 11:35:45 UTC Fri, 25th Aug 2023 7:12:31 UTC Fri, 25th Aug 2023 7:12:31 UTC Fri, 25th Aug 2023 7:11:25 UTC Fri, 25th Aug 2023 7:11:25 UTC Fri, 25th Aug 2023 7:11:25 UTC Fri, 25th Aug 2023 7:10:18 UTC Andrew Mason opened the document email. (92.207.38.255) Document emailed to amason@unitarian.org.uk (13.43.89.216) Sent Andrew Mason a reminder to sign the document. (89.197.20.206) Andrew Mason opened the document email. (109.73.121.84) Andrew Mason opened the document email. (109.73.121.153) Andrew Mason opened the document email. (109.73.121.153) Andrew Mason opened the document email. (109.73.121.84) Andrew Mason opened the document email. (109.73.121.84) Andrew Mason opened the document email. (109.73.121.84) Document emailed to amason@unitarian.org.uk (35.178.114.67) Sent the envelope to Andrew Mason (amason@unitarian.org.uk) for signing (89.197.20.206) Samantha Daniels has been assigned to this envelope (89.197.20.206) Jeffrey Teagle has been assigned to this envelope (89.197.20.206) Andrew Mason has been assigned to this envelope (89.197.20.206) Document generated with fingerprint 8f97589906b9961198fca43b344f5883 (89.197.20.206) Fri, 25th Aug 2023 7:10:15 UTC Document generated with fingerprint ea825556bb3ca91e773ad1d7bb524cbb (89.197.20.206) Fri, 25th Aug 2023 7:10:09 UTC Envelope generated by Vinay Bahl (89.197.20.206)