**Charity registered number 1041888** **The Reverend T A Turney Charity for the Maintenance of the Ministry of the Methodist Church** ## **Unaudited accounts** **for the year ended 31 August 2023** ## **The Reverend T A Turney Charity for the Maintenance of the Ministry of the Methodist Church** ## **Contents** ||**Page**| |---|---| |Report of the trustees|**1**| |Independent examiner's report|**2**| |Receipts and payments account|**3**| |Statement of assets and liabilities|**4**| ## **The Reverend T A Turney Charity for the Maintenance of the Ministry of the Methodist Church** ## **Report of the trustees** The trustees present their report along with the financial statements of the charity for the year ended 31 August 2023 and confirm they comply with the requirements of the Charities Act 2011 and the charity's constitution. The charity is registered with the Charity Commission under number 1041888. ## **Legal and administrative information** The trustees who served during the year are stated below: John Nunn Rev Nick Sissons The Church Council of St John's ## **Principal office** Ty Hebog Llangoed Beaumaris Ynys Mon LL58 8SA ## **Structure, governance and management** The charity was established by a constitution adopted on 21 April 1994. ## **Objectives and activities** The advancement of the religious or charitable work of the Methodist Church and in particular the support of Methodist ministers. ## **Achievements and performance** The charity made donations of £2,250 and contributed £6,000 towards the work of the Methodist Church in Bangor and Holyhead. ## **Financial review** Net receipts for the year were £15,175 (2022 £8,258) which resulted from increased interest and dividend income. Cash reserves at the year end were at £35,378 (2022 £20,203). The trustees consider these reserves adequate to meet their primary obligation of maintaing the property of the charity. This report was approved by the trustees on 23 June 2024 and signed on their behalf by John Nunn ## **Trustee** Page 1 ## **Independent Examiner's Report to the trustees of The Reverend T A Turney Charity for the Maintenance of the Ministry of the Methodist Church** I report on the accounts of the charity for the year ended 31 August 2023 set out on pages 3 to 4. ## **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 period under section 144(2) of the Charities Act 2011 and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act 2011, - follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011 and - state whether particular matters have come to my attention. ## **Basis of the 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 seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the accounts. ## **Independent examiner's report** In the course of my examination no matter has come to my attention: - 1 which gives me reasonable cause to believe that, in any material respect, the trustees have not met the requirements to ensure: - proper accounting records are kept in accordance with section 130 of the Charities Act 2011 and - accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Charities Act 2011 or - 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Mr N A Christian FCPA** Christian Sykes & Company Suite 5A, 30 Dean Street Bangor Gwynedd LL57 1UR Dated: 23 June 2024 Page 2 ## **The Reverend T A Turney Charity for the Maintenance of the Ministry of the Methodist Church** ## **Receipts and payments account for the year ended 31 August 2023** |**Receipts**
Bank interest
Dividends
Rent
Insurance claim
**Total receipts**
**Payments**
Property insurance
Property repairs and maintenance
Property management charges
Travelling
Donations
Investment manager's charges
Accountancy
Bangor and Holyhead Methodist Church
**Total payments**
Net receipts for the year
Cash funds at 31 August 2022
Cash funds at 31 August 2023|£
£
-
19,851
4,500
1,104
25,454
259
1,247
523
-
2,250
-
-
6,000
10,279
15,175
20,203
35,378
2023|£
£
1,573
9,886
4,056
-
15,515
229
2,586
523
336
1,250
2,116
216
-
7,256
8,258
11,945
20,203
2022| |---|---|---| Page 3 ## **The Reverend T A Turney Charity for the Maintenance of the Ministry of the Methodist Church** ## **Statement of assets and liabilities as at 31 August 2023** |2023
£
Cash funds
35,378
Investment assets:
Equity investments (at valuation)
716,905
Fairbank, Menai Avenue, Bangor, LL57 2HH
1
752,284|2022
£
20,203
716,905
1
737,109| |---|---| …............................................................................... Signed by John Nunn on behalf of all the trustees Page 4