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COUNCIL OF THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED
31 DECEMBER 2021
Charity No: 251033
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THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
CONTENTS
| Page | |
|---|---|
| Council Members' Annual Report | 3 - 5 |
| Independent Examiners Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Accounts | 9 - 13 |
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THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
COUNCIL MEMBERS' ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021
The Trustees present their report and independently examined financial statements for the year ended 31 December 2021.
Objectives and Activities
The object of the Charity is the encouragement and support of its constituent congregations in the promotion of religion in spirit and in truth.
Achievements and Performance
The Council met on two occasions during 2021/2022 to conduct business, following the lifting of Covid restrictions. It also held its annual assembly at Plymouth in September 2021, when Sheila Evans was elected President.
The President, Edgar Mihas, represented the District at the General Assembly Meetings, which were conducted by Zoom because of Covid restrictions.
A Group to consider the future of the District has been convened and met for the first time, via Zoom, in February 2022. It is facilitated by Helen Mason, Director of Unitarian College Manchester.
A successful Retreat was held at Hillfield Priory in Dorset, in October 2021, and will be repeated in 2022. Grants totalling £11,581 were made to cover net losses, due to Covid lockdown periods in 2020 and 2021, to two chapels which were unable to meet losses from their own reserves.
A one-off grant of £5,000 was made to Bridgwater Chapel from Ilminster Trust designated funds to enable them to have a building survey carried out.
Grants totalling £14,850, for 2022, were approved for pulpit supplies or ministry, as follows:
| Bridgwater | £1,350 |
|---|---|
| Taunton | £500 |
| Cullompton | £2,750 |
| Plymouth | £2,750 |
| Bristol | £7,500 |
| TOTAL | £14,850 |
Financial review
The trustees consider the level of funds held to be sufficient to ensure the continued operation of the Trust. At 31 December 2021, cash in current bank accounts and on deposit with the bank named on page 5 amounted to £152,592.
Structure, Governance and Management
The Western Union of Unitarian and Free Christian Churches is a charity registered with the Charity Commission under number 251033. The charity operates under a constitution ratified in May 2000.
Risk Management
The trustees continuously monitor the risks to which the Trust may be exposed and are satisfied that sufficient controls are in place to deal with any matters that might arise as a result of thereof.
Public Benefit
The charity trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties.
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THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
COUNCIL MEMBERS' ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021
Reference and Administrative Details
The Trustees of the Western Union of Unitarian and Free Christian Churches are the members of the Western Union Council. During the year to 31 December 2021 they were:
Sheila Evans President Frances Pitt (from 5 March 2022) Vice President Kay Millard Secretary Bob Goddard Treasurer Revd. Elizabeth Harley Religious Education and Youth Officer Edgar Mihas Immediate Past President
And also, the following representatives (and named deputies in parentheses) appointed to Council by their congregations:
| Bath | Kay Millard* | (Tim Powell) |
|---|---|---|
| Bridgwater | Patricia Fieldhouse | (Anne Fieldhouse) |
| Bridport | Roger Lake | (John Hinsley) |
| Bristol Frenchay | Vacant | |
| Bristol UMB | Susan Wildman | (Peter Wildman) |
| Cirencester | Closed October 2021 | |
| Crewkerne | Gerald Witcher | |
| Cullompton | Linda McCarthy | |
| Plymouth | Suzanne Bolton | |
| Sidmouth | Robert Crick | |
| Taunton | Fran Pitt | (Jay Waite) |
| Torquay | Worship Suspended | |
| Trowbridge | Barbara Smith* |
NOTE: No Council Member may exercise more than one vote.
Honorary Members:
Eleanor Dixon Arthur Brown Kath Ryder
In addition, the following people by reason of their roles or functions were entitled to attend the meetings of the Western Union Council as non-voting members:
| Revd. John Harley | Minister |
|---|---|
| Revd. Kate Whyman | Minister |
| Revd. Elizabeth Harley | Minister |
| Revd. Lindy Latham | Minister (retired) |
| Revd. Elizabeth Birtles | Minister (retired) |
| Revd. Maria Curtis | Minister (retired) |
| Revd. Michael Dadson | Minister (retired) |
| Eleanor Dixon | Lay Pastor (retired) |
| Mrs Fran Pitt | Lay Leader |
*Those marked with an asterisk are currently members of the Executive Committee.
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THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
COUNCIL MEMBERS' ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021
Reference and Administrative Details of the Charity (continued)
| Charity Name: | The Western Union of Unitarian and Free Christian Churches |
|---|---|
| Charity registration number: | 251033 |
| Registered Office: | 26 Fountain Court |
| West End | |
| Westbury | |
| BA13 3JY | |
| Principal Bankers: | CAF Bank Ltd |
| PO Box 289 | |
| West Malling | |
| Kent | |
| ME19 4TA | |
| Independent Examiner: | D C Cox FCA, Harwood, Lane & Co |
| Chartered Accountants and Registered Auditors | |
| Units 1 - 4 Crossley Farm Business Centre | |
| Swan Lane | |
| Winterbourne | |
| Bristol | |
| BS36 1RH |
Independent Examiner
D C Cox FCA of Harwood, Lane & Co was re-appointed as the Charity's independent examiner during the year and has expressed his willingness to continue in that capacity.
Approval
This report was approved by the Trustees and signed on its behalf.
Sheila Evans President Date:
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INDEPENDENT EXAMINERS' REPORT TO THE TRUSTEES OF
THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
I report on the accounts of the Trust for the year ended 31 December 2021, which are set out on pages 7 - 13.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is needed.
It is my responsibilty to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that, in any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and to comply the accounting requirements of the 2011 Act have not been met; or
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name of principal: David Cox
Name of firm:
Harwood, Lane & Co Chartered Accountants
Relevant professional qualification or body:
FCA (ICAEW)
Address:
Units 1 - 4 Crossley Farm Business Centre Swan Lane Winterbourne BRISTOL BS36 1RH
Date:
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THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
SUMMARY INCOME AND EXPENDITURE ACCOUNT
| Notes INCOME Income from donations & legacies 2 Investment income 3 Separate material item of income 4 Other 5 Total Income EXPENDITURE Expenditure on raising funds 6 Expenditure on charitable activities 7 Other 8 Total Expenditure Other Recognised Gains Gain/(losses) on Investments Unrealised Realised Net incoming/(outgoing) resources before transfers Gross transfers between funds Reconciliaition of Funds Total Funds Brought Forward 13 Total Funds Carried Forward 13 |
2021 2020 Unrestricted Designated Endowment Total Total 1,149 0 0 1,149 1,248 4,520 1,142 9,551 15,213 16,871 0 74,372 0 74,372 314,034 1,735 0 0 1,735 282 |
2021 2020 Unrestricted Designated Endowment Total Total 1,149 0 0 1,149 1,248 4,520 1,142 9,551 15,213 16,871 0 74,372 0 74,372 314,034 1,735 0 0 1,735 282 |
|---|---|---|
| 7,404 75,514 9,551 92,469 332,435 0 0 0 0 0 30,301 0 0 30,301 16,800 165 0 0 165 5,060 |
||
| 30,466 0 0 30,466 21,860 7,511 19,390 36,443 63,344 1,009 0 0 0 0 -326 |
||
| 7,511 19,390 36,443 63,344 683 -15,551 94,904 45,994 125,347 311,258 9,551 0 -9,551 0 0 187,242 664,124 294,377 1,145,743 834,485 |
||
| £181,242 £759,028 £330,820 £1,271,090 |
£1,145,743 |
Statement of Recognised Gains and Losses
There were no recognised gains or losses other than those disclosed in the two reported financial years.
The notes on pages 9 to 13 form part of these accounts
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THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
BALANCE SHEET AS AT 31 DECEMBER 2021
| Notes FIXED ASSETS Fixed Asset Investments 10 CURRENT ASSETS Current Asset Investments Cash Held in Investment Accounts Cash at Bank and in Hand CREDITORS: amounts falling due within one year 11 Net current assets Total Assets less Total Liabilities 12 Capital Unrestricted Income Funds 13 Endowment Income Funds 13 |
49,834 144,941 152,592 |
2021 924,551 924,551 49,572 15,730 381,180 446,482 -6,157 346,539 |
2021 924,551 924,551 49,572 15,730 381,180 446,482 -6,157 346,539 |
2020 705,418 |
|---|---|---|---|---|
| 705,418 440,325 |
||||
| 347,367 -828 |
||||
| £1,271,090 | £1,145,743 | |||
| 940,270 330,820 |
851,366 294,377 |
|||
| £1,271,090 | £1,145,743 |
Approved by the trustees and signed on its behalf.
Sheila Evans President Date:
The notes on pages 9 to 13 form part of these accounts
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THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
1 ACCOUNTING POLICIES
1.1 Basis of preparation of accounts
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
1.2 Income recognition
All income is recognised once the charity has entitlement to that income, it is probably that the income will be received and the amount of income receivable can be measured reliably.
Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
1.3
Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocate or apportioned to the applicable expenditure headings.
1.4 Investments
Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of activities includes the net gains and losses arising on revaluation and disposals throughout the year.
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value.
2
Income from donations and legacies
| Income from donations and legacie Donations and gifts Gift Aid Legacies Grants Membership subscriptions |
s 2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 10 0 0 10 4 11 0 0 11 0 0 0 0 0 12 0 0 0 0 0 1,128 0 0 1,128 1,232 |
s 2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 10 0 0 10 4 11 0 0 11 0 0 0 0 0 12 0 0 0 0 0 1,128 0 0 1,128 1,232 |
s 2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 10 0 0 10 4 11 0 0 11 0 0 0 0 0 12 0 0 0 0 0 1,128 0 0 1,128 1,232 |
s 2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 10 0 0 10 4 11 0 0 11 0 0 0 0 0 12 0 0 0 0 0 1,128 0 0 1,128 1,232 |
s 2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 10 0 0 10 4 11 0 0 11 0 0 0 0 0 12 0 0 0 0 0 1,128 0 0 1,128 1,232 |
|---|---|---|---|---|---|
| £1,149 | £0 | £0 | £1,149 | £1,248 |
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THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
| 3 Investment Income Interest Income Dividend Income B&FUA - Bath - Exeter 4 Separate material item of income Trowbridge Unitarians Ilminster Trust Yeovil Trust 5 Other Retreat Payments GA Booking Fee (refund) Miscellaneous M Savory - WS Course (contra) 6 Expenditure on raising funds Donations |
2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 611 0 0 611 990 3,909 1,142 2,253 7,304 7,349 0 0 2,313 2,313 2,704 0 0 4,985 4,985 5,828 |
2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 611 0 0 611 990 3,909 1,142 2,253 7,304 7,349 0 0 2,313 2,313 2,704 0 0 4,985 4,985 5,828 |
2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 611 0 0 611 990 3,909 1,142 2,253 7,304 7,349 0 0 2,313 2,313 2,704 0 0 4,985 4,985 5,828 |
2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 611 0 0 611 990 3,909 1,142 2,253 7,304 7,349 0 0 2,313 2,313 2,704 0 0 4,985 4,985 5,828 |
2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 611 0 0 611 990 3,909 1,142 2,253 7,304 7,349 0 0 2,313 2,313 2,704 0 0 4,985 4,985 5,828 |
|---|---|---|---|---|---|
| £4,520 | £1,142 | £9,551 | £15,213 | £16,871 | |
| 2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 0 0 0 0 0 0 0 0 0 0 0 74,372 0 74,372 314,034 |
|||||
| £0 | £74,372 | £0 | £74,372 | £314,034 | |
| 2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 1,685 0 0 1,685 0 0 0 0 0 272 0 0 0 0 10 50 0 0 50 0 |
|||||
| £1,735 | £0 | £0 | £1,735 | £282 | |
| 2021 2020 Unrestricted Designated Endowment Funds Funds Funds Total Total 0 0 0 0 0 |
|||||
| £0 | £0 | £0 | £0 | £0 |
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THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
| 7 | Expenditure on charitable activities | Expenditure on charitable activities | 2021 | 2020 | ||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | Endowment | ||||
| Funds | Funds | Funds | Total | Total | ||
| Grants - Taunton |
500 | 0 | 0 | 500 | 500 | |
| - Cullompton | 2,750 | 0 | 0 | 2,750 | 2,750 | |
| - Bristol Group | 7,500 | 0 | 0 | 7,500 | 7,500 | |
| - Plymouth | 2,750 | 0 | 0 | 2,750 | 2,750 | |
| - Bridgwater | 1,375 | 0 | 0 | 1,375 | 1,375 | |
| Covid Fund Grants | 11,581 | 0 | 0 | 11,581 | 0 | |
| Travelling expenses | 329 | 0 | 0 | 329 | 61 | |
| Premises hire | 75 | 0 | 0 | 75 | 0 | |
| Annual meeting | 50 | 0 | 0 | 50 | 0 | |
| GA booking fee & expenses | 0 | 0 | 0 | 0 | 272 | |
| WUCDO expenses | 0 | 0 | 0 | 0 | 0 | |
| Training meeting expenses | 0 | 0 | 0 | 0 | 55 | |
| Bursaries - Worship Study Course | 420 | 0 | 0 | 420 | 0 | |
| Independent examiner | 828 | 0 | 0 | 828 | 816 | |
| Honorariums | 600 | 0 | 0 | 600 | 600 | |
| Postage & stationery | 118 | 0 | 0 | 118 | 121 | |
| The Inquirer - Grant | 0 | 0 | 0 | 0 | 0 | |
| Society of St Francis (2020 Retreat) | 1,425 | 0 | 0 | 1,425 | 0 | |
| £30,301 | £0 | £0 | £30,301 | £16,800 | ||
| 8 | Other | 2021 | 2020 | |||
| Unrestricted | Designated | Endowment | ||||
| Funds | Funds | Funds | Total | Total | ||
| Bank charges | 115 | 0 | 0 | 115 | 60 | |
| Annual meeting gifts | 0 | 0 | 0 | 0 | 0 | |
| M Savory - WS Course (contra) | 50 | 0 | 0 | 50 | 0 | |
| Bridgwater grant (Ilminster Fund) | 0 | 0 | 0 | 0 | 5,000 | |
| £165 | £0 | £0 | £165 | £5,060 | ||
| 9 | Staff costs | |||||
| The charity had no paid employees. Total expenses reimbursed to council members in the year | ||||||
| was £217 (2020 - £237). Honorariums were paid to the | secretary amounting to £300 (2020 - | |||||
| £300), and to the treasurer amounting to £300 (2020 - £300). | ||||||
| 10 | Investments | 2021 | ||||
| Historical Cost at 31.12.2021 | £526,746 | |||||
| Market Value at 31.12.2021 | £924,551 |
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THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
| 11 CREDITORS: amounts falling due within one year Bank Overdraft Accruals 12 Analysis of fund balances between the net assets Unrestricted Fixed Assets 119,584 Current Assets 62,487 Current Liabilities -828 £181,243 13 Movement in funds Brought Forward Income Unrestricted Funds General Funds 187,242 7,404 Designated Funds Trowbridge Fund 328,527 0 Ilminster Fund 21,563 1,142 Yeovil Fund 314,034 74,372 £851,366 £82,918 Endowment Funds Cowl Street Fund 2,747 148 Crediton/Christchurch/ Colyton Chapel Funds 6,064 199 B&FUA Investments - Bath Fund 69,937 2,313 - Exeter Fund 150,716 4,985 Shepton Mallet Cowl Street Chapel Fund 8,790 258 Crediton Ministers Fund 56,123 1,648 £294,377 £9,551 Total £1,145,743 £92,469 |
11 CREDITORS: amounts falling due within one year Bank Overdraft Accruals 12 Analysis of fund balances between the net assets Unrestricted Fixed Assets 119,584 Current Assets 62,487 Current Liabilities -828 £181,243 13 Movement in funds Brought Forward Income Unrestricted Funds General Funds 187,242 7,404 Designated Funds Trowbridge Fund 328,527 0 Ilminster Fund 21,563 1,142 Yeovil Fund 314,034 74,372 £851,366 £82,918 Endowment Funds Cowl Street Fund 2,747 148 Crediton/Christchurch/ Colyton Chapel Funds 6,064 199 B&FUA Investments - Bath Fund 69,937 2,313 - Exeter Fund 150,716 4,985 Shepton Mallet Cowl Street Chapel Fund 8,790 258 Crediton Ministers Fund 56,123 1,648 £294,377 £9,551 Total £1,145,743 £92,469 |
11 CREDITORS: amounts falling due within one year Bank Overdraft Accruals 12 Analysis of fund balances between the net assets Unrestricted Fixed Assets 119,584 Current Assets 62,487 Current Liabilities -828 £181,243 13 Movement in funds Brought Forward Income Unrestricted Funds General Funds 187,242 7,404 Designated Funds Trowbridge Fund 328,527 0 Ilminster Fund 21,563 1,142 Yeovil Fund 314,034 74,372 £851,366 £82,918 Endowment Funds Cowl Street Fund 2,747 148 Crediton/Christchurch/ Colyton Chapel Funds 6,064 199 B&FUA Investments - Bath Fund 69,937 2,313 - Exeter Fund 150,716 4,985 Shepton Mallet Cowl Street Chapel Fund 8,790 258 Crediton Ministers Fund 56,123 1,648 £294,377 £9,551 Total £1,145,743 £92,469 |
2021 0 828 |
2021 0 828 |
2020 5,341 816 £6,157 Total 924,551 347,367 -828 £1,271,090 Carried Transfers Forward 9,551 181,242 0 345,921 0 25,537 0 387,570 |
2020 5,341 816 £6,157 Total 924,551 347,367 -828 £1,271,090 Carried Transfers Forward 9,551 181,242 0 345,921 0 25,537 0 387,570 |
|---|---|---|---|---|---|---|
| £828 | £6,157 | |||||
| Designated Endowment 474,147 330,820 284,880 0 0 0 |
||||||
| £181,243 | £759,027 | £330,820 | £1,271,090 | |||
| Income 7,404 0 1,142 74,372 |
Realised/ Revenue Unrealised Expenditure Gains -30,466 7,511 0 17,394 0 2,832 0 -836 |
|||||
| £851,366 | £82,918 | (£30,466) | £26,901 | £9,551 | £940,270 | |
| 2,747 6,064 69,937 150,716 8,790 56,123 |
148 199 2,313 4,985 258 1,648 |
0 367 0 815 0 8,258 0 17,795 0 1,246 0 7,962 |
-148 3,114 -199 6,879 -2,313 78,195 -4,985 168,511 -258 10,036 -1,648 64,085 |
|||
| £294,377 | £9,551 | £0 | £36,443 | (£9,551) | £330,820 | |
| £1,145,743 | £92,469 | -£30,466 | £63,344 | £0 | £1,271,090 |
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THE WESTERN UNION OF UNITARIAN AND FREE CHRISTIAN CHURCHES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
14 DESIGNATED FUNDS
Trowbridge Fund
Following the closure of the Chapel at Trowbridge, in September 2019 the Western Union was entrusted with the net proceeds of the sale of the bungalow in which the services and the congregational activities there had been held, on the understanding that this money was to be used primarily to support Unitarianism within Trowbridge and it surrounding area.
Ilminster Fund
Following closure of the Ilminster Trust in late 2019, the Western Union received some assets which were allocated to the Western Union on the understanding that they would be used primarily to support Unitarian chapels and churches in Somerset.
Yeovil Fund
In late September 2020, the Western Union was entrusted with the care of the funds resulting from the closure of the former Yeovil Trust and the sale of its property. The wishes of the former trustees at Yeovil are that this money should be used primarily to support Unitarianism within the County of Somerset, and thereafter within the District.
15 Related Party Transactions
There were no related party transactions in the year ended 31 December 2021.
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