**Charity registration number**
**1127082**
**REIGATE METHODIST CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025**
**REIGATE METHODIST CHURCH**
## **CONTENTS**
## **YEAR ENDED 31 AUGUST 2025**
||**Page**|
|---|---|
|**Reference and administration details**|**1**|
|**Trustees’ report**|**2 to 4**|
|**Statement of financial activities**|**5**|
|**Balance sheet**|**6**|
|**Notes to the financial statements**|**7 to 12**|
|**Independent examiner’s report**|**13**|
**REIGATE METHODIST CHURCH REFERENCE AND ADMINISTRATION DETAILS**
## **YEAR ENDED 31 AUGUST 2025**
**Minister** Rev Elisabeth Brooks **Managing trustees** Mrs H J Austin Rev G Baalham (resigned 31[st] August 2025) Rev E Brooks Mrs K Burman Mr M Burman (resigned 31[st] August 2025) Rev A Cavanagh (appointed 1[st] September 2025) Mrs A Dorlandt Mrs M Gordon Mrs E Grant Ms E Gregory (resigned 31[st] August 2025) Mr J S Hill Mrs K Jefferies Mrs L Jobling Mrs L Lawrence (appointed 1[st] May 2025) Ms B Lawrence (appointed 25[th] February 2025) Mrs S Leppard Mrs G Mason Rev C McKie Mrs P Mullan Mrs S Nelson Mr R Nelson Mr G L Norman Mrs R M Norman Mrs P Palmer Mr I Pattison Mrs M V Pulfer Mr J Pulfer Mrs A Rayner Ms E Smith Mrs J Strydom Mrs L J Thompson Mr S Tickell Mrs J Waters (resigned 27[th] February 2025) Mr M Woods
**Custodian trustee** Trustees for Methodist Church Purposes Central Buildings Oldham Street Manchester M1 1JQ **Principal Address** High Street, Reigate, Surrey RH2 9AE **Bankers** CAF Bank Limited HSBC Bank PLC Central Finance Board of the Methodist Church
1
**REIGATE METHODIST CHURCH**
**REPORT OF THE TRUSTEES**
## **YEAR ENDED 31 AUGUST 2025**
The Trustees submit their annual report and unaudited financial statements for the year ended 31[st] August 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102, effective 1 January 2019).
## **Structure, governance and management**
Reigate Methodist Church is one of the five churches of the Redhill & East Grinstead Circuit within the South East District of the Methodist Church. It is governed by the Constitutional Practice and Discipline of the Methodist Church. It is a registered charity 1127082.
Rev. Elisabeth Brooks is the minister who has pastoral charge at Reigate Methodist Church, which has a membership of 130 people, plus 79 adherents. She chairs the Church Council which is the managing body of Reigate Methodist Church. It consists (currently) of 30 ex officio members and members elected at the church’s Annual Church Meeting. Church Council is responsible for setting policy and for monitoring adherence to policy. It is assisted by various committees and groups, including:
- Church stewards – working with the minister to plan and implement church activity
- Property Committee – maintaining the buildings, ensuring compliance with legislation
- Finance Committee – preparing budgets, scrutinising financial activity
- Pastoral groups – care and support for the church family
## **Objectives, activities, achievements and performance**
Reigate Methodist Church provides a service of Methodist worship every Sunday of the year as well as special services particularly at Christmas and Easter and during Lent. It provides for the introduction of children, young people and adults to the Christian faith and encourages the establishment of House Groups for members and adherents to explore aspects of faith together.
For those outside the church who wish to explore the Christian faith, the Taketime project was launched in 2016 and provides on-line meditation for all people. For those wishing to explore Church membership, an annual membership course is also run.
Reigate Methodist Church is committed to serving the people of Reigate, with an emphasis on the children, young people and the elderly of the local community. This is achieved by running children's activities such as Sunday school, youth groups and supporting attendance at youth events like 3Generate; and by supporting the Tuesday drop-in and Thursday lunch club sessions.
The church runs various fellowship groups with invited speakers and with bible study. Pastoral activity (including newsletters, phone calls and visits) aims to make sure that members of the church family who cannot visit the church itself are able to stay in touch.
By making available its premises, including the attached Reigate Community Centre which opened in April 2011, the needs of the community are met by organisations such as Alcoholics Anonymous, a children’s nursery and a variety of other health and leisure activities. The Hub café is open most days of the week. Further information is available on the Reigate Methodist Church and Reigate Community Centre web sites.
2
**REIGATE METHODIST CHURCH**
**REPORT OF THE TRUSTEES**
## **YEAR ENDED 31 AUGUST 2025**
## **Public benefit reporting**
The trustees have had due regard to the Charity Commission guidance on public benefit whilst setting the objectives and activities of the Charity.
## **Reserves policy**
The church’s policy for unrestricted funds is to hold not less than 50% of annual expenditure in order to meet unexpected and unbudgeted demands, especially considering the age of the church building and the increase in regulatory requirements.
The policies for restricted funds are as follows:
Organ & Music Funds To make available funds to support the music life of the church including building a reserve to contribute to the cost of major overhaul to the organ and to assist in the training of organists.
Benevolence Fund
To be used at the discretion of the minister for meeting urgent local need.
## **Risk assessment policy**
The church maintains a risk register covering strategic, operational, financial and people risks. The register is reviewed and updated by the governing committees of the church and by Church Council. Specific policies and procedures exist covering areas such as health and safety, food hygiene, protection of children and vulnerable adults, finance and data protection.
## **Financial review**
The church is funded by donations and regular contributions made by the congregation. This source of income amounted to £67,793 including Gift Aid (2024: £77,151). Rental income from the Community Centre amounted to £81,554 (2024: £82,132).
The church held total funds of £2,473,169 (2024: £2,499,051) at the end of the year. The majority of the funds are held as fixed assets; at the year-end totalling £2,110,202 (2024: £2,138,977) as well as an accumulated surplus in restricted funds of £8,311 (2024: £8,334). The church therefore had free reserves at 31[st] August 2025 of £354,656 (2024: £351,740).
The Charity’s reserves are sufficient to maintain its activities for the foreseeable future.
## **Plans for future periods**
Church Council meets regularly to discuss and approve annual budgets, initiatives to encourage membership, worship and faith, and maintenance of and improvements to the premises.
## **Statement of trustee responsibilities**
The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
3
REIGATE METHODIST CHURCH
REPORT OF THE TRUSTEES
YEAR ENDED 31 AUGUST 2025
The law applicable to charities in England & Wales 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 charity and of the incoming
resources and application of resources of the charity for that period. In preparing these financial
statement5, the trustees are required to-.
select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgements and estimates that are reasonable and prudent-
state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements,. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the association will continue in busines5.
The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the financial statements comply
with the Charities Act 2011, the Charity (Accounts Reportsl Regulations 2008 and trust deed. They are also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Approved by the trustee5 on
and slgned on their behalf by
Rev E Brooks
Chalr
**REIGATE METHODIST CHURCH**
**STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31 AUGUST 2025**
|Unrestricted Restricted
Notes
funds
funds
£
£
**INCOME FROM:**
Donations and legacies
2
67,793
-
Investments
5
4,797
-
Other trading activities (Lettings)
81,554
-
Other
19,801
**-**
**TOTAL INCOME**
173,945
-
**EXPENDITURE ON:**
**Charitable activities**
3
199,909
23
**TOTAL EXPENDITURE**
199,909
23
**Net income / (expenditure) before**
**(25,964)**
**(23)**
**gain on investments**
Net gains / (losses) on investments
105
-
**Net income / (expenditure)**
(25,859)
(23)
**Net movement in funds**
(25,859)
(23)
Total funds brought forward at 1 September 2024
2,490,717
8,334
**Total funds carried forward at 31 August 2025**
2,464,858
8,311|**Total**
**funds**
**2025**
**£**
**67,793**
**4,797**
**81,554**
**19,801**
**173,945**
**199,932**
**199,932**
**(25,987)**
**105**
**(25,882)**
**(25,882)**
2,499,051
**2,473,169**|_Total_
_funds_
_2024_
_£_
_77,151_
_5,600_
_82,132_
_19,413_
_184,296_
_170,361_
_170,361_
_13,395_
_4,090_
_18,025_
_18,025_
_2,481,026_
_2,499,051_|
|---|---|---|
5
REIGATE METHODIST CHURCH
BAIANCE SHEET
AS AT 31 AUGUST2025
Notes
2025
2024
Fixed assets
Tangible fixed assets
2,110,202
2,138,977
Fixed asset investments
57.065
56,960
Current assets
Debtors and prepayments
Cash at bank and in hand
194,340
113 878
190,440
125171
315 611
Creditors- amounts falling due
within one year
io
Net current a55etS
305,902
303,114
Total a55ets less current liabilities
47
Funds
Restrlcted tunds
12
8,311
8.334
Unrestrlcted funds
General
Designated
li
2,431,749
33,109
2,467,608
23,109
2 464 858
2490 717
Approved by the Church Council on
io¥
and signed on behalf of the Council by
ITh4 -Ik',~ 7¢&v
20£
Rev E Brooks
lan Pattison
Chair
Treasurer
The accompanying note5 on pages 7 to 12 form part of these financial statements.
**REIGATE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2025**
## **1 Principal accounting policies**
## **Basis of preparation and assessment of going concern**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), and the Charities Act 2011.
The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The church constitutes as a public entity as defined by FRS 102.
## **Going Concern**
The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
## **Income recognition**
All income is recognised once the charity has entitlement to the income, there is sufficient certainty or receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably.
Donations are recognised when they have been communicated as received in writing with notification of both the amount and settlement date.
Legacies are recognised on a case by case basis following the granting of probate when the administrator/ executor for the estate has communicated in writing both the amount and settlement date.
Income from lettings is recognised in the Statement of Financial Activities in the period to which it relates.
Interest on funds held on deposit is included upon notification of the interest paid or payable by the Bank.
## **Expenditure**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate costs related to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of resources. The trustees consider all costs to be incurred in the course of carrying out the charitable objectives and there are no support costs.
## **Grant making policy**
Where the charity gives a grant, this is done so without performance conditions and therefore such grants are recognised in the Statement of Financial Activities when the commitment has been made.
## **Funds and reserves**
Funds held by the charity are:
Unrestricted funds – these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
Designated funds – these are funds made up of monies set aside by the charity out of unrestricted funds for specific future purposes or projects.
Restricted funds – these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
7
**REIGATE METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2025**
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Creditors**
Creditors are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Creditors are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
## **Donations and volunteers**
A certain amount of time is expended on the charity’s activities, which is donated free of charge. It is not possible to quantify the value of time given and accordingly it is neither recorded as donated income or as an expense in the financial statements.
## **Fixed assets**
Fixed assets are included in the balance sheet at cost. Large items are capitalised in the accounts at the discretion of the Trustees. Depreciation is calculated on the cost (excluding land), less estimated residual value over its useful life as follows:
Buildings 50 years straight line Equipment 4 years straight line
## **2 Donations and legacies**
||||**Total**|_Total_|
|---|---|---|---|---|
||Unrestricted|Restricted|**funds**|_funds_|
||funds|
funds|**2025**|_2024_|
||£|
£|**£**|_£_|
|Sundry donations and collections income|55,065|
-|**55,065**|_62,566_|
|Gift Aid received and receivable|12,728|
-|**12,728**|_14,585_|
||||||
||67,793|
-|**67,793**|_77,151_|
In 2024, income attributable to Restricted funds totalled £0.
8
**REIGATE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2025**
## **3 Resources expended**
|Unrestricted Restricted
funds
funds
£
£
**Charitable activities**
Circuit assessment
70,000
-
Grants and donations
1,933
23
Repairs, maintenance and cleaning
49,707
-
Insurance and utilities
25,242
-
Church and ministry sundries
12,239
-
Depreciation
38,488
-
Independent exam fee
2,300
-
199,909
23|**Total**
**funds**
**2025**
**£**
**70,000**
**1,956**
**49,707**
**25,242**
**12,239**
**38,488**
**2,300**
**199,932**|_Total_
_funds_
_2024_
_£_
_60,000_
_1,400_
_42,700_
_25,593_
_11,610_
_26,958_
_2,100_|
|---|---|---|
|||
_170,361_|
In 2024, expenditure attributable to the restricted fund totalled £100.
## **4 Trustee remuneration**
The trustees have received no remuneration or expenses from the Charity during the year and the previous year.
|Employee remuneration -|**2025**|_2024_|
|---|---|---|
||**£**|_£_|
|Wages and salaries|**-**|-|
|Average number of staff employed weekly|**-**|-|
|No employee earned at a rate greater than £60,000 per annum (2024: Nil).|||
## **5 Investment income**
|Interest and dividends received|**2025**
**£**
4,797
**4,797**|_2024_
_£_
_5,600_|
|---|---|---|
|||
_5,600_|
## **6 Corporation tax**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent these are applied to its charitable objects.
9
**REIGATE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2025**
## **7 Fixed assets**
|**7 Fixed assets**||
|---|---|
|**Cost**
At 1 September 2024
Additions
At 31 August 2025
**Depreciation**
At 1 September 2024
Charge for the year
At 31 August 2025
**Net book value**
**At 31 August 2025**
At 31 August 2024|**Land and**
**Buildings**
**Equipment**
**Total**
**£**
**£**
**£**
2,307,948
226,846
2,534,794
9,713
-
9,713|
||
2,317,661
226,846
2,544,507
232,997
162,820
395,817
17,968
20,520
38,488|
||
250,965
183,340
434,305
**2,066,696**
**43,506**
**2,110,202**|
||
2,074,951
64,027
2,138,977|
The property title is held by Trustees for Methodist Church Purposes as custodian trustee. The property is incorporated into the financial statements in accordance with agreed guidance.
## **8 Fixed asset investment**
There is a single investment with the Methodist Central Finance Board Managed Mixed Fund.
||**2025**|_2024_|
|---|---|---|
||**£**|_£_|
|Market value at start of year|56,960|_52,869_|
|Net unrealised (losses) / gains|105|_4,090_|
|Value at cost at end of year|**57,065**|_56,960_|
|**9 Debtors**|**2025**|_2024_|
||**£**|_£_|
|Loan to YMCA East Surrey|150,000|_150,000_|
|Debtors and prepayments|44,340|_40,440_|
||**194,340**|_190,440_|
|Included within Debtors is a loan to YMCA East Surrey which is due|greater than 1 year.||
|**10 Creditors: amounts falling due within one year**|**2025**|_2024_|
||£|_£_|
|Creditors and accruals|**2,316**|_12,497_|
10
**REIGATE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2025**
## **11 Funds**
|**11 Funds**||||
|---|---|---|---|
|Unrestricted
Unrestricted
Restricted
general
designated
funds
funds
funds
£
£
Balance brought forward at 1 September 2024
2,467,608
23,109
8,334
(Deficit)/Surplus for the year
(25,859)
-
(23)
Transfers between funds
(10,000)
10,000
-
Balance carried forward at 31 August 2025
2,431,749
33,109
8,311
**11a Funds prior year**
Unrestricted
Unrestricted
Restricted
general
designated
funds
funds
funds
£
£
_Balance brought forward at 1 September 2023_
_2,462,934_
_9,658_
_8,434_
_(Deficit)/Surplus for the year_
_24,674_
_(6,549)_
_(100)_
_Transfers between funds_
_(20,000)_
_20,000_
_-_
_Balance carried forward at 31 August 2024_
_2,467,608_
_23,109_
_8,334_
**12 Restricted funds**
Brought
Income
Expenditure
Forward
£
£
£
Benevolence fund
1,783
-
(23)
Organ & Music fund
4,181
-
-
Organist training
2,370
-
-
8,334
-
(23)
**12a Restricted funds prior year**
Brought
Income
Expenditure
Forward
£
£
£
_Benevolence fund_
_1,833_
_-_
_(100)_
_Organ & Music fund_
_4,181_
_-_
_-_
_Organist training_
_2,370_
_-_
_-_
_8,434_
_-_
_(100)_||Total
funds
£
**2,499,051**
**(25,882)**
-||
|||**2,473,169**
Total
funds
£
_2,481,026_
_(18,025)_
_-_||
|||_2,499,051_
Carried
Forward
£
**1,760**
**4,181**
**2,370**
**8,311**
Carried
Forward
£
_1,783_
_4,181_
_2,370_
_8,334_||
||||
_8,334_|
The restricted funds are as follows:
- Organ & Music, Organist training: To make available funds to support the music life of the church, including building a reserve to contribute to the cost of major overhaul to the organ and to assist in the training of organists
- Benevolence: To be used at the discretion of the Minister for meeting urgent, local need
The designated fund is monies put aside by the charity for the purpose of large refurbishments.
11
**REIGATE METHODIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 AUGUST 2025**
## **13 Analysis of net assets between funds**
|**13 Analysis of net assets between funds**||||
|---|---|---|---|
||Unrestricted|Restricted|**Total funds**|
||funds|funds|**2025**|
||£|£|**£**|
|Fixed assets|2,110,202|-|**2,110,202**|
|Fixed asset investment|57,065|-|**57,065**|
|Debtors|194,340|-|**194,340**|
|Cash at bank and in hand|105,567|8,311|**113,878**|
|Creditors: amounts falling due within one year|(2,316)|-|**(2,316)**|
||2,464,858|8,311|**2,473,169**|
## **13a Analysis of net assets between funds prior year**
|Unrestricted
Restricted
funds
funds
£
£
_Fixed assets_
_2,138,977_
_-_
_Fixed asset investment_
_56,960_
_-_
_Debtors_
_190,440_
_-_
_Cash at bank and in hand_
_116,837_
_8,334_
_Creditors: amounts falling due within one year_
_(12,497)_
_-_
_2,490,717_
_8,334_|Total funds
2024
£
_2,138,977_
_56,960_
_190,440_
_125,171_
_( 12,497)_|
|---|---|
||
_2,499,051_|
## **14 Related party transactions**
There were no related party transactions in the current or prior year that require disclosure under SORP 2019 (FRS 102).
12
**REIGATE METHODIST CHURCH**
## **INDEPENDENT EXAMINER’S REPORT**
## **FOR THE YEAR ENDED 31 AUGUST 2025**
## **Independent Examiner's Report to the Trustees of Reigate Methodist Church**
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 August 2025.
This report is made solely to the Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) regulations 2008. My work has been undertaken so that I might state to the Trustees those matters I am required to state to them in an Independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s Trustees as a body, for my work or for this report.
## **Responsibilities and basis of report**
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
Having satisfied myself that the accounts of the charity are not required to be audited and are eligible for an independent examination, I report in respect of my examination of the charity’s accounts carried out under section 145 of the Charities Act 2011(‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(B) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Tames SPeach
**James Peach BSc FCA**
**For and on behalf of Kreston Reeves LLP**
**Springfield House Springfield Road Horsham West Sussex RH12 2RG**
**Date:** 24.03.2026
13