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2024-03-31-accounts

South Aston United Reformed Church

Annual Report - Year ended 31 March 2024


Structure, Governance and Management

The Church is a constituent part of the United Reformed Church that was formed by Act of Parliament in 1972. South Aston Church (SAC) is a separately registered charity with a charity number allocation 516837 and therefore complies with the reporting requirements for charities in the preparation of its financial statements as outlined in the Charities Act 1993 and subsequent Statements of Recommended Practice: Accounting and Reporting by Charities (SORPs).

The Church’s business is conducted through the means of quarterly church meetings and an annual general meeting held in May of each year. Elders of the Church meet on a monthly basis to deal with business between Church meetings.

The following committees are responsible for specific elements in the life of the Church:

Finance Buildings and Fire Safety South Aston Youth and Community Work Working with Older People (WWOP)

The Finance Committee has responsibility to prepare annual budgets and associated information necessary for the reporting of the commitments and financial position of the Church. These matters are tendered to the Trustees (Elders) for their consideration along with recommendations as appropriate.

The Finance Committee is made up of the Church Treasurer, a Trustee (Elder), Church Accounts Advisor, Church Centre Co-ordinator and two other persons nominated by the Church meeting.

Appointment of New Officers and Trustees

Members become Trustees on being appointed as Elders. Elders serve a three-year term and retire by rotation and can be re-elected for further terms. All Officers and Committee Members are appointed by the Annual General Church meeting and elected or re-elected annually.

Related parties

The Church is an active participant in the group of Churches from various denominations in the area, known as Aston Churches Working Together.

Objectives and Activities

The objectives of the Church are to advance the Christian religion in accordance with the doctrines, principles and usages of the United Reformed Church in the South Aston area of Birmingham.

Ref. Finance/Accounts/Annual Report 2023-24

Page 1

South Aston United Reformed Church

Annual Report - Year ended 31 March 2024


Members, volunteers and four paid members of staff, which include a Minister, provide guidance, support and outreach to develop these objectives. These are broadly classified as Ministry and Mission, work in the community at large, work with older people and provision of other outreach activities. Numerous activities are carried out at the premises during the week including Local History, English lessons, South Aston Café Active, Wednesday Welcome, etc. Of these paid members of staff the Minister is funded directly from the United Reformed Church of England and Wales.

The ministerial allocation to SAC is 50% with the remaining 50% of time allocated equally between Wilton Road United Reformed Church and Bishop Latimer Church. Whilst this is a joint pastorate each church is a separate entity in both organisational and accounting functions. The Minister also assists other churches in the area.

Finance Review

The Trustees are responsible for preparing financial statements which give a true and fair view of the state of affairs of the Church as at the end of each annual financial period and of the financial activities for that period. In preparing the financial statements they should ensure that they:

The Trustees, who meet monthly, are also responsible for maintaining adequate accounting records, to prepare financial statements that comply with the Charities Act 1993 and sufficient internal controls to safeguard the assets of the Church and to prevent fraud and other irregularities.

The Church’s income and expenditure is below the level requiring an audit by a Registered Auditor. Instead a review by an Independent Examiner is appropriate and in this direction the Trustees have appointed Mrs Gillian Wall to act in this capacity.

Financial Statements

The Financial Statement for the year ended 31 March 2024 has been prepared in compliance with Statement of Recommended Practice: Accounting and Reporting by Charities (SORP) as revised in 2005. The analysis of income and expenditure reflects the classification of activities, together with costs relating to administration. The Church does not sell goods or services for commercial profit but does generate income from hiring of rooms, etc. and other events to help defray expenses.

Ref. Finance/Accounts/Annual Report 2023-24

Page 2

South Aston United Reformed Church

Annual Report - Year ended 31 March 2024


Statement of Financial Activities

In regard to the General Fund account, it will be seen that in the financial year under notice, there was an excess of expenditure over income of circa. £5,000. By far and away the largest item on the income side of the account is hire of rooms, parking etc., and this has again held strong albeit the sum received is slightly down against the 2022/23 account.

The Church Centre was built in 1973 and we are continuing to address the need to replace or improve items relating to the fabric of the buildings of the centre.

The Elders/Trustees are continually examining the Charity’s finances with a view to seeking means of endeavouring to increase giving and fund raising. Outgoings are constantly under review.

As was mentioned in last years Future Plans, because of personal circumstances it had been necessary for the postholder of the Development Worker with Older People Practioner to resign from the position. It was decided not to fill the position. A decision was also taken to withdraw from the Thrive Partnership effective from the end of September 2023 and funding from this source ceased at that time. This was mainly due to the fact that the administrative resources needed to monitor and report could not be guaranteed by the South Aston church Charity.

Balance Sheet

The Church Centre buildings, a small area of land in the district of Lozells Birmingham and the Manse are the property of the United Reformed Church of England and Wales and as such are not valued in these accounts.

Reserves

Unrestricted funds are needed to cover continual new works and property maintenance outgoings. In this direction and pursuant to previous stated intention, a new maintenance account was established in recent times. The ninth full year of this account appears in this report.

Sources

The Trustees are continually conscious of the need to provide for funds for the upkeep of the Church Centre buildings and in this regard are constantly seeking innovative and new means of fundraising as has been mentioned earlier in this report.

Ref. Finance/Accounts/Annual Report 2023-24

Page 3

South Aston United Reformed Church

Annual Report - Year ended 31 March 2024


Future Plans

There are no significant plans for the 2024/25 year apart from the matter of the Church sanctuary heating system. This is a warm air system dating back to the buildings construction in 1973 and although the main boiler was replaced some 10 years ago, it is an expensive system to run and now well beyond its useful life. Alternative systems are therefore to be considered together with the associated costs involved.

Under the heading of Objectives and Activities the current Church Minister is intending to retire at the end of July 2024. A churches reorganisation has now taken place such that existing arrangements will be replaced by one involving 6 churches across West Birmingham and Walsall. New Ministerial provision will come into place in September 2024.

These accounts were accepted and adopted on

By order of the Trustees

Mrs Ann Tempest - Treasurer and Chair of the Finance Committee


Date: ______

Mrs Lynn Purchase - Member of Finance Committee (elected by Church Members)


Date: ______

Ref. Finance/Accounts/Annual Report 2023-24

Page 4

South Aston United Reformed Church RECEIPTS AND PAYMENTS ACCOUNTS 2023-2024

Charity No.516837

THE GENERAL FUND - 1st April 2023 to 31st March 2024

THE GENERAL FUND- 1st April 2023 to 31st March 2024
AN UNRESTRICTED FUND FOR THE GENERAL PURPOSES OF THE CHURCH 2023-2024 2022-2023
RECEIPTS:
A1a - Giving Cash offerings
Envelope offerings
Donations
Tax reclaim on Gift Aid
Fund raising
Savings Club donatedinterest
495.39
11,653.14
850.31
2,905.35
0.00
27.57
15,931.76
433.33
10,515.03
4,022.58
2,701.09
0.00
10.20
A1b - Operating Hire of rooms, halls and parking
Caretaking
Office use payments Age
Office use payments Co-ordinator
LunchClubrental(Day CentreFnd)
25,717.00
1,175.00
846.00
0.00
0.00
27,738.00
27,449.09
3,150.50
1,692.00
0.00
0.00
A1c - Investments Ground rent on land in Lozells
Bank interest
Church Flat rent
Net dividends on investments
4,100.00
306.73
5,773.00
5,433.12
15,612.85
5,125.00
128.53
6,022.00
5,384.07
A1d - Other Ministerial Contribution - Wilton Rd
Ministerial Contribution - Bishop Latimer
Pulpit Supply Reimbursement
Redeemed from COIF to Co-Ord Acc
Other
795.00
795.00
0.00
0.00
0.00
1,590.00
597.80
597.80
0.00
0.00
0.00
60,872.61 67,829.02

Page 1

South Aston United Reformed Church RECEIPTS AND PAYMENTS ACCOUNTS 2023-2024

Charity No.516837

THE GENERAL FUND - 1st April 2023 - 31st March 2024

AN UNRESTRICTED FUND FOR THE GENERAL PURPOSES OF THE CHURCH

2023-2024 2023-2024 2022-2023
PAYMENTS: A2a, Fundrse Fundraising costs
A2b CharityURC National Ministry Fund
Ministerial costs
Donations and gifts
MANSE: Water Supply
Insurance
Telephone
Security system
Maintenance
Council Tax
Major Works
WORSHIP: Pulpit supply
Church Music
Worship and Outreach
BUILDING: Cleaning
Cleaning Materials
Church Gas
Church Electric
Water Supply
Insurance
Maintenance
Major Building Maintenance Works
Church Flat costs
ADMIN.: Telephone
Stationery copying and postage
OTHER: Minibus
Church Catering
Church Caretaking
Church Gardening
Equipment
Bank Charges
Other
Trans to Co-ordinators ac. (from General Fund Acc)
DBS check
Commitment for Life
0.00
16,926.00
645.20
990.69
314.55
0.00
323.95
65.00
910.00
1,270.48
0.00
960.00
560.00
644.15
5,690.72
2,044.58
2,389.87
3,243.14
1,954.58
4,346.38
3,243.98
0.00
1,131.84
1,398.12
1,862.63
0.00
623.94
2,644.54
2,648.74
0.00
244.60
56.50
8,673.60
38.00
46.25
65,892.03
0.00
18,111.00
294.50
266.76
382.62
0.00
245.70
85.00
96.60
1,205.50
0.00
840.00
560.00
550.09
5,785.44
2,105.02
3,650.87
3,161.87
969.47
4,012.99
7,807.67
0.00
8,558.93
1,056.42
2,231.46
0.00
48.40
3,052.52
2,529.04
0.00
181.45
10.00
3,250.00
0.00
0.00
A2c Other
-
Net receipts (payments) for the year
Combined cash & bank assets, 1st April 2023
Combined cash & bank assets, 31st March 2024
65,892.03
-5,019.42
25,529.86
20,510.44
65,892.03 71,049.32

Page 2

South Aston United Reformed Church RECEIPTS AND PAYMENTS ACCOUNTS 2023-2024

Charity No.516837

AGE FUND - 1st April 2023 to 31st March 2024

2023-2024 2023-2024 2022-2023
RECEIPTS:
B1a Grants Grant from B'ham City Council (Partnership)
Fundraising
Donations
PAYMENTS:
B2b Charity Salary (Development Worker)
Employer's N.I. Contribution
Employer's Pensions Contribution
Office Use Payment (to Gen. Fund)
Desk Space Admin Support (to Gen Fund)
Admin Support (to Co-Ord Account)
Supervision Payment (to Minibus Fund)
DBS Check
Bank Charges
Net receipts (payments) for the year
Monies held at bank at 1st April 2023
Balance at bank on 31st March 2024
4,523.00
0.00
0.00
18,780.00
0.00
0.00
4,523.00 18,780.00
1,275.00
0.00
38.25
446.00
400.00
195.00
832.00
0.00
0.00
12,020.00
0.00
360.60
892.00
800.00
390.00
1,664.00
38.00
0.00
3,186.25
1,336.75
17,303.71
18,640.46
3,186.25 16,164.60

SOUTH ASTON YOUTH & COMMUNITY WORK ACCOUNT - 1st April 2023 - 31st March 2024 A RESTRICTED FUND FOR THE CHURCH'S YOUTH AND COMMUNITY WORK

RECEIPTS
Bank Interest
Local Pantry
Funeral Offertry
Junior Church
Tree Planting Appeal (Jubilee)
DEC Earthquake Appeal
Commitment for Life
Shoe Box Appeal
PAYMENTS
John Taylor Hospice
Junior Church
Local Pantry
Tree Planting Appeal (Jubilee)
DEC Earthquake Appeal
Gifts to support a Family
Gifts and Donations
Commitment for Life
Shoe Box Appeal
Net receipts (payments) for the year
Monies held at bank and cash at 1st April 2023
Combined Cash and Bank Assets 31st March 2024
ASSETS AT 31st March 2024 Cash Float
Bank Balance - Current Acc
Bank Balance - Deposit Acc
2023-2024
0.84
0.00
0.00
0.00
0.00
0.00
609.22
140.00
2023-2024
0.84
0.00
0.00
0.00
0.00
0.00
609.22
140.00
2022-2023
0.33
1,000.00
0.00
120.00
185.00
225.00
558.93
0.00
750.06
0.00
120.00
0.00
0.00
0.00
0.00
0.00
609.22
140.00
750.06 2,089.26
0.00
8.65
1,000.00
185.00
225.00
0.00
0.00
558.93
0.00
869.22
-119.16
1,464.95
1,345.79
24.00
1,240.19
81.60
1,345.79
869.22 1,977.58

Page 3

South Aston United Reformed Church RECEIPTS AND PAYMENTS ACCOUNTS 2023-2024

Charity No.516837

CHURCH CO-ORDINATOR ACCOUNT - 1st April 2023 - 31st March 2024

A RESTRICTED FUND FOR THE WORK OF THE CHURCH'S CO-ORDINATOR

A RESTRICTED FUND FOR THE WORK OF THE CHURCH'S CO-ORDINATOR
RECEIPTS
Grant from Church
From South Aston URC General Fund
Donations
Admin Support from Age Account
Reimbursement of Pension from Age Account (SS)
Reimbursement of Pension from Gen Fund (BK)
PAYMENTS
Salary Church Co-ordinator
Employers N.I.
Employers Pension Payment
Payment for Age Pension (Direct Debit) (SS)
Payment for Pension from Gen Fund (BK)
Employees N.I. Caretaker
Office Accom. To SAURC General Fund
Net receipts (payments) for the year
Monies held at bank and cash at 1st April 2023
Combined Cash and Bank Assets 31st March 2024
2023-2024
0.00
7,800.00
0.00
195.00
102.00
873.60
2022-2023
0.00
3,250.00
0.00
390.00
0.00
961.60
8,970.60
7,855.02
0.00
0.00
102.00
873.60
0.00
0.00
8,970.60 4,601.60
7,166.74
0.00
0.00
961.60
0.00
0.26
0.00
8,830.62
139.98
4,604.74
4,744.72
8,830.62 8,128.60

Page 4

South Aston United Reformed Church RECEIPTS AND PAYMENTS ACCOUNTS 2023-2024

Charity No.516837

SOUTH ASTON MAINTENANCE ACCOUNT - 1st April 2023 - 31st March 2024

A RESTRICTED FUND FOR THE MAINTENANCE OF THE BUILDING

RECEIPTS
No Receipts
PAYMENTS
Church Sanctuary Lighting
Fire Door Installation Small Hall Final Payment
Church Sanctuary Re-decoration
Fire Escape Path Large Hall
Net receipts (payments) for the year
Monies held at bank and cash at 1st April 2023
Combined Cash and Bank Assets 31st March 2024
2023-2024
0.00
2023-2024
0.00
2022-2023
0.00
0.00
0.00
3,834.00
0.00
0.00
0.00 0.00
1,600.00
3,834.00
3,264.00
1,896.00
3,834.00
-3,834.00
25,756.14
21,922.14
3,834.00 10,594.00

CAFÉ ACTIVE ACCOUNT (WEDNESDAY WELCOME) 1st April 2023 - 31st March 2024

A RESTRICTED FUND FOR THE RUNNING OF THE CHURCH'S CAFÉ PROJECT

RECEIPTS
Transfer from Lunch Club
Donations
Donations - Ladywood NNS
Takings
Transfer from Outabout BACS
Transfer from Outabout Cash
Transfer from Lunch Club BACS
Transfer from Lunch Club Cash
Bingo/Raffle
PAYMENTS
Volunteer Exes (chq))
Volunteer Exes (from takings)
Food (from takings)
Food (chq)
Equipment Cash
Equipment Cheque
Activity Cash
Activity Chq
Advertising Posters
Net receipts (payments) for the year
Monies held at bank and cash at 1st April 2023
Combined Cash and Bank Assets 31st March 2024
Assets at 31st March 2024
Cash Float
Bank Balance
2023-2024
0.00
170.00
0.00
1,142.50
0.00
0.00
0.00
0.00
324.65
2023-2024
0.00
170.00
0.00
1,142.50
0.00
0.00
0.00
0.00
324.65
2022-2023
0.00
1,127.00
2,000.00
1,460.57
56.30
123.24
152.92
359.43
0.00
1,637.15
0.00
605.80
1,366.93
394.97
64.00
32.99
494.94
87.74
0.00
1,637.15 5,279.46
25.50
242.70
1,625.49
57.67
274.95
461.87
445.00
25.00
20.00
3,047.37
-1,410.22
6,326.93
4,916.71
247.87
4,668.84
4,916.71
3,047.37 3,178.18

Page 5

South Aston United Reformed Church RECEIPTS AND PAYMENTS ACCOUNTS 2023-2024

Charity No.516837

OTHER MONIES HELD:

Communion Fund
INCOME
EXPENDITURE
Net receipts (payment) for the year
Assets at 1st April 2023
Assets at 31st March 2024
Bequest Fund
INCOME
EXPENDITURE
Net receipts (payment) for the year
Assets at 1st April 2023
Assets at 31st March 2024
This is a restricted fund in which is
held donations given at Holy
Communion and expended by the
Minister for pastoral and community
gifts.
This is a restricted fund in which is
placed money bequeathed to the
church for expending on special
projects in the Church Centre for the
benefit of the disabled, aged, hard of
hearing and so on attending the
premises.
2023-2024
2022-2023
133.45
131.44
30.00
210.00
103.45
-78.56
236.26
339.71
0.00
0.00
0.00
0.00
0.00
0.00
585.62
585.62

Page 6

South Aston United Reformed Church RECEIPTS AND PAYMENTS ACCOUNTS 2023-2024

Charity No.516837

STATEMENT OF ASSETS & LIABILITIES at 31st March 2024

TSB Perry Barr Current/Deposit a/c
COIF deposit account
Cash in hand
Lloyds Bank Accounts
COIF and Deposit Acc (other monies)
Representing balances on the following funds:
General (unrestricted) Fund
Lunch Club
Age Fund
Outabout Club
Youth and Communities Fund
Co-Ordinators Account
Maintenance Fund
Café Active
Communion Fund
Bequest Fund
2023-2024
35,812.07
4,660.62
271.87
31,335.70
925.33
2022-2023
39,829.96
4,444.56
126.39
36,585.42
821.88
73,005.59 81,808.21
20,510.44
0.00
18,640.46
0.00
1,345.79
4,744.72
21,922.14
4,916.71
339.71
585.62
25,529.86
0.00
17,303.71
0.00
1,464.95
4,604.74
25,756.14
6,326.93
236.26
585.62
73,005.59 81,808.21
D3a INVESTMENT ASSETS:
735 M&G Charifund income units
2,000 Royal and Sun Alliance Preference Shares
18325.356 Jupiter Fund Mgrs (formerly Old Mutual)
45339.55 COIF Income and Growth Units
Value as at 1st
April 2023
Value as at
31st March
2024
Difference in
Value
10,901.30
10,702.19
-199.11
2,040.00
2,424.60
384.60
19,371.73
19,806.92
435.19
127,707.91
140,439.26
12,731.35
160,020.94
173,372.97
13,352.03

D3b FUNCTIONAL ASSETS:

Church Centre Premises in Upper Sutton Street, Aston, Birmingham (freehold with a restrictive covenant) Manse at 155 Victoria Road, Aston, Birmingham (freehold with a restrictrive covenant)

Contents of the Church Centre premises including organ, furniture, kitchen, office and audio equipment, etc.

D2 LIABILITIES:

NOTE:

These accounts have been prepared on the "receipts and payments" basis. They were approved by the Trustees

Ann Tempest, Treasurer

Page 7

qDEPEIqDANT EXAMINERS REPORT Report on the financial statements of South Aston United Reforn]ed CILur¢h for the year ended 31" March 2024 which are set out on pages one to seven-of the accounts on the General FunLt Church Co-ordinators AccounL Age Account, Youth and Conllnunity Work AccounL Communion Funil Bequest Fulld, Café, Active and Matntenance Account. Respective responsibilitnes The Church is responsible for the preparation of the financial statements, and considers that the audit requirement of Section 144(2) of the Charities Act 2011 (the Act) does not apply. It is my responsAbility to state, on the basis of procedures specified in the General Directions givcn by the Charity Commission￿S under Section 145(5) of the Act. whether particular matters have come to my attcntion. B&sis of Independent Lxaminer's sthtement My examination was carried out in accordance with General Directions of the Cbarity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of tbe accounts presented with tbose records. It also includes consideration of any unusual items or disdosures in the financial statements. and seeking explanations concerning any such matters. The procedures undertaken.do not provide all the evidence that would be required in an audi( and consequently I do not express an audit opinion on the view given by the financial statements. Independent Examiner's statement In connection with my examination of the church funds, nothing came to my attention which gave me cause to believe otherwise than that the financial statements accord with the accounting records of the church, and that those records satisfied the requirements of the Act. I am not aware of any matter to which attention should be drawn in order to enable a proper understanding of the financial statements to be reached. Signed 406, Sutton Road Walsall WS5 311A Date: