## PRIVATE & CONFIDENTIAL K Weir & W Hampton Wokingham Methodist Church Rose Street Wokingham RG40 1XS 18 March 2026 Our Ref: WOK01 Dear Kerry & Wesley ## WOKINGHAM METHODIST CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 The financial statements are now finalised and are enclosed for your attention, as follows: ## Financial statements If approved please sign the financial statements where indicated. In addition, I enclose a letter of representation setting out our understanding of various issues relating to the accounts. Please would you read this carefully and, if you are in agreement with all the points listed, would you please sign and date the letter where indicated. ## General matters I look forward to receiving the signed documents in due course, however, if you would like to discuss any of the above before signing please do not hesitate to contact me. Please note that our work is subject to our Terms of Engagement and Terms of Business, which are available to view on our website at www.bwbca.uk/legalbits. Yours sincerely ## Paul Williams FCA Signed for and on behalf of BWBCA Limited BWBCA Limited tel 01837 512512 Registered in England and Wales, company no 09839023 e-mail admin@bwbca.com www.bwbca.com A list of directors is available at registered office vat no 225 4086 23 Registered office: Office 44, A30 Business Centre, Higher Stockley Mead, Okehampton, Devon EX20 1BG **REGISTERED CHARITY NUMBER: 1127336** ## **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 August 2025** ## **for** ## **WOKINGHAM METHODIST CHURCH** BWBCA Limited Office 44, A30 Business Centre Higher Stockley Mead Okehampton Devon EX20 1BG **WOKINGHAM METHODIST CHURCH** ## **Contents of the Financial Statements for the Year Ended 31 August 2025** ||**Page**| |---|---| |**Report of the Trustees**|1 to 4| |**Independent Examiner's Report**|5| |**Statement of Financial Activities**|6| |**Balance Sheet**|7| |**Notes to the Financial Statements**|8 to 16| |**Detailed Statement of Financial Activities**|17 to 18| ## **WOKINGHAM METHODIST CHURCH** ## **Report of the Trustees for the Year Ended 31 August 2025** The trustees present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The purposes of the Methodist Church are and shall be deemed to have been since the date of union the advancement of: a) The Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church; and b) Any charitable purpose for the time being of any Connexional, district, circuit, local or other organisation of the Methodist Church; c) Any charitable purpose for the time being of any society or institution subsidiary or ancillary to the Methodist Church; d) Any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodist Church. The Church is one of a group of local churches within the Berkshire Surrey Borders Methodist Circuit. (As of 1 September 2025 there was a merger of circuits and the Church became one of a group of Churches within the Blackwater Valley Circuit). Circuits combine to form 23 districts in Britain. Although there is some autonomy, all Methodist organisations in Britain are governed by statutes determined by the Methodist Conference and which are published in the Constitutional Practice and Discipline of the Methodist Church. The Conference is the body that agrees policy for the Methodist Church. Business for the Conference to decide upon is prepared by the Methodist Council, an elected body that meets regularly. Both Conference and Council consist of lay and clerical members. ## **Public benefit** The trustees have considered the guidance provided by the Charity Commission in connection with public benefit and the work of the church. Summary of the main activities undertaken for the public benefit in relation to the objects of the charity: a) Provision of regular public acts of worship open to members of the church and non-members alike b) Pastoral work including visiting the sick and bereaved c) Promotion of Christian activities through the staging of events and services - d) Supporting other charities in the UK and overseas financially and with prayer e) The teaching of Christianity through sermons, courses and small groups f) Taking religious assemblies in local schools ## **Grant-making** The Church does not make grants to organisations outside the Methodist Church from its own funds, but it does often provide a channel for its members to make contributions to other charitable organisations working in the local community or globally to further objectives that are complementary to our own objectives. ## **Volunteers** In line with many other charities, the Church relies on its volunteers to carry out its work in the community. The Church Council and Minister thank all the members and adherents who assist in this way for their support. 1 ## **WOKINGHAM METHODIST CHURCH** ## **Report of the Trustees for the Year Ended 31 August 2025** ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** Our Church continued to offer a wide range of Christian worship and community service this year. Worship takes place in the church building each week, and a recording of the service is provided online the same day. A weekly pastoral letter and notice sheet is distributed by email, and we have also taken care to maintain contact and support for the housebound and those without internet connections. We also offer alternative forms of worship. 'Creative Spirit' is our monthly midweek art and craft-based worship sessions, exploring Biblical and spiritual themes and our monthly Wednesday Worship, in conjunction with our Alzheimer's Café, which offers a short service particularly suitable for those attending the café, including the carers. The Bradbury centre continued to be used for a variety of both Church sponsored and community-based activities, and we are pleased that the use of the centre has increased again this year. As in previous years, we have held regular fund-raising events for local and national charities such Royal Berkshire Hospital, Macmillan Cancer Care, Chiltern Academy and The Lord Mayor’s Charity and we are grateful for the assistance of pupils and staff of Chiltern Way Academy in running these events. We again ran our popular August Thursday Afternoon sessions, open to anyone to drop in free of charge for refreshments, entertainment, board games, knitting and companionship in a month when many other activities take a break. We have continued our work with young people and young families in the Church and surrounding community. Our Little Fishes play café offers free safe play space for preschool children and their carers and is very popular. We continue to explore opportunities for activities for school-age children and young people and maintain contact with their families. Our outreach worker left during the year and we are currently working on the funding and job descriptions for a replacement for this vital work The Alzheimer's café for people living with dementia and their carers, and its associated support group for carers, continued to be very popular, vital services, attracting a number of new people. Café Mosaic continues to thrive, offering light refreshments and lunches in a pleasant place to sit and chat. The café is a popular meeting place for several community and charity groups. We are delighted to have the assistance of our friends from CLASP, a local charity helping people with learning disabilities. Our work is supported by a number of volunteers, particularly in Café Mosaic. All our workers dealing with children, young people and vulnerable adults are DBS checked and participate in safeguarding training as required by The Methodist Church. We are finding it more difficult to recruit new volunteers than in the past. ## **FINANCIAL REVIEW** ## **Reserves policy** It is the policy of the Church to maintain unrestricted funds, which are the free reserves of the Church, at a level which equates to at least four months unrestricted expenditure in order to provide sufficient funds to cover management, administration and support costs in the immediate future, plus a sum to cover future maintenance liabilities. The Property Fund (part of the Restricted Funds) stands at £17,967 after net expenditure of £6,737 in the year. Quinquennial inspections take place every five years to identify any refurbishment work required. The trustees reviewed the report of the inspection carried out in the summer of 2023 and determined that no significant additional works were required beyond the existing programme of care and maintenance. Given the age of the building, we feel it prudent to maintain the property reserve. 2 ## **WOKINGHAM METHODIST CHURCH** ## **Report of the Trustees for the Year Ended 31 August 2025** ## **FINANCIAL REVIEW** The Charity recorded a deficit of £10,609 (2024: £9,054) on its unrestricted funds for the year. No legacies were received or notified during the year or prior year. ## Unrestricted funds (note 16) Unrestricted funds have decreased to £1,299,565 (2024: £1,310,174). Included in these reserves is a revaluation fund of £1,186,652 for the freehold property based on a valuation undertaken in 2004. The trustees have previously agreed to designate certain funds to aid the future work of the church; accordingly, there is a Future Staffing fund and a Technology fund, both of which can be re-allocated to general purposes, if need be. Other designated funds include the Alzheimer's Café. ## Restricted funds (note 16) Total restricted funds are £373,012 (2024: £436,976). The main expenditure in the year is the depreciation charge on the Bradbury development of £57,228 (2024: £57,228) which relates to the redevelopment project. ## **FUTURE PLANS** The Minister, Stewards and Church Council are considering ways to increase our activities and the use of our premises in line with our charitable objectives. The ongoing work in the Community Centre is an ever present challenge to us all as we shall continue to need many volunteers and committed members to organise the various planned activities. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** Deed of Union (1932) Methodist Church Act (1976) ## **Recruitment and appointment of new trustees** Certain members are appointed to Church Council by virtue of the office they hold within the Church. Church Council is responsible for making such appointments. Church Stewards and Representatives of the congregation are appointed at the Church Annual General Meeting normally held in March or April each year. ## **Organisational structure** Church, the nation and the world. The Local Churches forming part of the Methodist Church are formed by the Conference into Circuits, in which the Local Churches express and experience their interconnexion in the Body of Christ. Circuits are similarly formed into Districts, whose primary purpose is to advance the mission of the church in a region. The areas of responsibility and authority which are located at each level is set out in the Deed of Union and in the Standing Orders of the Methodist Church. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Financial procedures and controls are reviewed regularly. 3 ## **WOKINGHAM METHODIST CHURCH** ## **Report of the Trustees for the Year Ended 31 August 2025** ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1127336 ## **Principal address** The Methodist Centre Rose Street Wokingham Berkshire RG40 1XS ## **Trustees** W Hampton, H Ani, J Bonney, S Colbourn, I Cole, J Horsnell, M Jackson, J Jones, G Manning, C Morgan, R MorganBarry, N Oborski, C Rooke-Matthews, M Shepherd, M Souter, K Tame, K Weir, M Wells, L Wheaton and J Williams. The following Trustee was appointed during the year to 31 August 2025: K Tame (September 2024) The following Trustees were appointed after 31 August 2025 but prior to the date of this report: W Hampton (September 2025) N Orborski (September 2025) The following Trustees ceased to be Trustees during the year to 31 August 2025: C Bowstead (August 2025) C Knight (November 2024) J Rodhouse (August 2025) The following Trustee ceased to be a Trustee after 31 August 2025 but prior to the date of this report: D Morgan (passed away October 2025) ## **Independent Examiner** BWBCA Limited Office 44, A30 Business Centre Higher Stockley Mead Okehampton EX20 1BG ## **Bankers** Lloyds Bank PLC Victoria Branch PO Box 1000 BX1 1LT Approved by order of the board of trustees on ............................................. and signed on its behalf by: ..................................................................... W Hampton Trustee 4 ## **Independent Examiner's Report to the Trustees of Wokingham Methodist Church** ## **Independent examiner's report to the trustees of Wokingham Methodist Church** I report to the charity trustees on my examination of the accounts of Wokingham Methodist Church (the Trust) for the year ended 31 August 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no material 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 Trust as required by Section 130 of the 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. ## BWBCA Limited BWBCA Limited (Mar 21, 2026 21:36:51 GMT) P Williams FCA BWBCA Limited Office 44, A30 Business Centre Higher Stockley Mead Okehampton EX20 1BG Date: ............................................. 21/03/2026 5 ## **WOKINGHAM METHODIST CHURCH** ## **Statement of Financial Activities for the Year Ended 31 August 2025** |Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
5
Church activities
Other trading activities
3
Investment income
4
**Total**
**EXPENDITURE ON**
**Charitable activities**
6
Church activities
Other
8
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
**118,159**
**78,147**
**106,782**
**2,615**
**305,703**
**250,020**
**66,292 **
**316,312**
**(10,609)**
**1,310,174**
**1,299,565**|Restricted
funds
£
**-**
**-**
**-**
**1,961 **
**1,961 **
**57,970**
**7,955**
**65,925**
**(63,964)**
**436,976**
**373,012**|**31.8.25**
**Total**
**funds**
**£**
**118,159**
**78,147**
**106,782**
**4,576**
**307,664 **
**307,990**
**74,247**
**382,237 **
**(74,573)**
**1,747,150**
**1,672,577**|31.8.24
Total
funds
£
131,496
75,888
108,064
6,268
321,716
320,100
71,485
391,585
(69,869)
1,817,019
1,747,150| |---|---|---|---|---| The notes form part of these financial statements 6 ## **WOKINGHAM METHODIST CHURCH** ## **Balance Sheet 31 August 2025** |Notes
**FIXED ASSETS**
Tangible assets
12
**CURRENT ASSETS**
Debtors
13
Investments
14
Cash at bank
**CREDITORS**
Amounts falling due within one year
15
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
16
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
**1,186,654**
**56,496**
**20,000**
**103,217**
**179,713**
**(66,802)**
**112,911**
**1,299,565**
**1,299,565**|Restricted
funds
£
**360,711**
**-**
**-**
**12,301 **
**12,301**
**-**
**12,301 **
**373,012**
**373,012**|**31.8.25**
**Total**
**funds**
**£**
**1,547,365**
**56,496**
**20,000**
**115,518**
**192,014**
**(66,802)**
**125,212**
**1,672,577**
**1,672,577**
**1,299,565**
**373,012**
**1,672,577**|31.8.24
Total
funds
£
1,604,856
49,459
20,000
116,570
186,029
(43,735)
142,294
1,747,150
1,747,150
1,310,174
436,976
1,747,150| |---|---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. W Hampton ## Trustee Kerry Weir Kerry Weir (Mar 20, 2026 10:53:53 GMT) ............................................. K Weir Trustee The notes form part of these financial statements 7 **WOKINGHAM METHODIST CHURCH** ## **Notes to the Financial Statements for the Year Ended 31 August 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': - the requirements of Section 7 Statement of Cash Flows. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material. Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the facility or item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised and refer to the Trustees' report for more information about their contribution. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. ## **Expenditure** 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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Volunteers and donated services and facilities** The value of services provided by volunteers is not incorporated into these financial statements. ## **Going concern** The trustees have continued to adopt the going concern basis for preparing these financial statements. They have done so on the grounds that the charity has and continues to have sufficient funds to meet its obligations as they fall due. 8 **WOKINGHAM METHODIST CHURCH** **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **1. ACCOUNTING POLICIES - continued** ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Development expenditure - 10% on cost and 4% on cost Furniture, fittings & equipment - 25% on cost, 20% on cost and 10% on cost Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is not charged on freehold land. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Funds structure** General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. ## **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. ## **Liabilities and provisions** Liabilities 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. Liabilities 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. Provisions are measured at the best estimate of the amounts required to settle the obligation. ## **Investments** Investments are included as current assets at their market value. ## **2. DONATIONS AND LEGACIES** |Tax recovered under covenant and gift aid
Standing orders, donations and collections
Collections for external organisations
Sundry donations|**31.8.25**
**£**
**21,516**
**85,458**
**1,203**
**9,982 **
**118,159**|31.8.24
£
22,902
88,192
909
19,493| |---|---|---| |||131,496| 9 ## **WOKINGHAM METHODIST CHURCH** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** |**3.**
**OTHER TRADING ACTIVITIES**
Lettings
Coffee shop
Reprographics & printing
Feed in tariff
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Income from internal church organisations
Circuit grants
**6.**
**CHURCH ACTIVITIES**
Church activities
**7.**
**SUPPORT COSTS**
Management
£
Other resources expended
**-**
Church activities
**235,392 **
**235,392 **|Direct
Costs
£
**72,130**
Finance
£
**-**
**468**
**468**|| |---|---|---| |||| 10 ## **WOKINGHAM METHODIST CHURCH** **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **7. SUPPORT COSTS - continued** Support costs, included in the above, are as follows: ## **Management** |Insurance
Postage and stationery
Circuit assessment
Depreciation
Youth & community and admin costs
Charity running costs
**Finance**
Bank charges
**Governance costs**
Independent examiner fees
Accountancy
Bookkeeping
**8.**
**OTHER**
Coffee shop costs
Cleaning
Repairs - routine maintenance
Repairs - service contracts
Telephone & internet
Utilities
Repairs - programmed refurb
Support costs|**31.8.25**
Church
activities
**£**
**3,865**
**1,762**
**99,350**
**58,812**
**68,021**
**3,582 **
**235,392 **
**31.8.25**
Church
activities
**£**
**468**
**31.8.25**
Other
resources
expended
**£**
**500**
**993**
**1,740**
**3,233**
**31.8.25**
**£**
**6,039**
**27,789**
**6,787**
**7,712**
**2,707**
**12,025**
**7,955**
**3,233**
**74,247**|31.8.24
Total
activities
£
**4,489**
**2,110**
**94,600**
**58,508**
**93,881**
**5,263**
**258,851**
31.8.24
Total
activities
£
**377**
31.8.24
Total
activities
£
**500**
**855**
**1,478**
**2,833**
31.8.24
£
8,779
25,906
2,853
10,110
2,359
10,956
7,689
2,833
71,485| |---|---|---| 11 ## **WOKINGHAM METHODIST CHURCH** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **9. TRUSTEES' REMUNERATION AND BENEFITS** C Knight was a Trustee of the Charity was employed by the Circuit as a Church and Community Outreach Team Leader. She provided the Charity with services including youth and community outreach as well as management of the Bradbury Centre and its support team. In the financial year 2024-25 the Charity contributed £6,496 (2023-24 £30,400) to the Circuit towards the cost of providing those services. No other trustee or member of the Church Council has received any remuneration although some have been repaid for sums paid out on behalf of the church. ## **Trustees' expenses** There were no expenses reimbursed to trustees for the year ended 31 August 2025 nor for the year ended 31 August 2024. ## **10. STAFF COSTS** The church has not paid any salaries, although a contribution has been made to the Circuit towards the ministers' stipends and a contribution is also made towards the salary of Church and Community Outreach Team Leader. These costs are shown under support costs. ## **11. 2024 - COMPARATIVE FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Church activities
Other trading activities
Investment income
**Total**
**EXPENDITURE ON**
**Charitable activities**
Church activities
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
129,996
75,888
108,064
2,924
316,872
262,130
63,796
325,926
(9,054)
1,319,228
1,310,174|Restricted
funds
£
1,500
-
-
3,344
4,844
57,970
7,689
65,659
(60,815)
497,791
436,976|Total
funds
£
131,496
75,888
108,064
6,268
321,716
320,100
71,485
391,585
(69,869)
1,817,019
1,747,150| |---|---|---|---| 12 ## **WOKINGHAM METHODIST CHURCH** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** |**12.**|**TANGIBLE FIXED ASSETS**||||||| |---|---|---|---|---|---|---|---| |||Freehold||||Furniture,|| |||land|&
|Development||fittings|| |||buildings||expenditure||& equipment|
Totals| |||£||£||£|£| ||**COST**||||||| ||At 1 September 2024|**1,186,652**||**1,466,448**||**50,278**|**2,703,378**| ||Additions||**-**||**-**|**1,320**|**1,320**| ||At 31 August 2025|**1,186,652 **||**1,466,448**||**51,598**|**2,704,698**| ||**DEPRECIATION**||||||| ||At 1 September 2024||**-**|**1,051,824**||**46,698**|**1,098,522**| ||Charge for year||**-**|**57,227**||**1,584 **|**58,811**| ||At 31 August 2025||**-**|**1,109,051 **||**48,282 **|**1,157,333**| ||**NET BOOK VALUE**||||||| ||At 31 August 2025|**1,186,652 **||**357,397 **||**3,316**|**1,547,365**| ||At 31 August 2024|1,186,652||414,624||3,580|1,604,856| |**13.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||| |||||||**31.8.25**|31.8.24| |||||||**£**|£| ||Trade debtors|||||**2,494**|2,203| ||Gift aid receivable|||||**9,317**|9,602| ||Prepayments & accrued income|||||**44,685**|37,654| |||||||**56,496**|49,459| ||**CURRENT ASSET INVESTMENTS**||||||| |**14.**|||||||| |||||**Year Ended**||Year Ended|| |||||**31.8.24**|||31.8.23| |||||**£**|||£| ||Central Finance Board Accounts - TMCP TIF||||**20,000 **||20,000| |**15.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**||**YEAR**||||| |||||||**31.8.25**|31.8.24| |||||||**£**|£| ||Trade creditors|||||**540**|195| ||VAT|||||**1,454**|418| ||Accruals and deferred income|||||**63,708**|42,022| ||Accrued expenses|||||**1,100**|1,100| |||||||**66,802 **|43,735| 13 ## **WOKINGHAM METHODIST CHURCH** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **16. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
Revaluation fund - property
Technology fund
Internal church organisations
Minister's Discretionary fund
Rose St fund
Future staffing fund
Alzheimers cafe fund
Fish Mosaic fund
Night shelter
Charity pass through
Appeal fund
**Restricted funds**
Redevelopment fund
Property fund
**TOTAL FUNDS**|At 1.9.24
£
**64,108**
**1,186,652**
**1,516**
**18,426**
**974**
**1,200**
**12,237**
**(306)**
**2,217**
**348**
**259**
**22,543**
**1,310,174**
**412,272**
**24,704 **
**436,976**
**1,747,150**|Net
movement
in funds
£
**(16,698)**
**-**
**-**
**3,900**
**-**
**-**
**-**
**(181)**
**-**
**-**
**-**
**2,370**
**(10,609)**
**(57,227)**
**(6,737)**
**(63,964)**
**(74,573) **|At
31.8.25
£
**47,410**
**1,186,652**
**1,516**
**22,326**
**974**
**1,200**
**12,237**
**(487)**
**2,217**
**348**
**259**
**24,913**
**1,299,565**
**355,045**
**17,967 **
**373,012**
**1,672,577**| |---|---|---|---| 14 ## **WOKINGHAM METHODIST CHURCH** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **16. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Internal church organisations
Alzheimers cafe fund
Charity pass through
Appeal fund
**Restricted funds**
Redevelopment fund
Property fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
Revaluation fund - property
Technology fund
Internal church organisations
Minister's Discretionary fund
Rose St fund
Future staffing fund
Alzheimers cafe fund
Fish Mosaic fund
Night shelter
Charity pass through
Appeal fund
**Restricted funds**
Redevelopment fund
Property fund
**TOTAL FUNDS**|Incoming
resources
£
**226,555**
**74,050**
**748**
**1,980**
**2,370**
**305,703**
**-**
**1,961 **
**1,961 **
**307,664 **
At 1.9.23
£
58,201
1,186,652
1,516
18,981
974
1,200
25,299
1,038
2,217
348
259
22,543
1,319,228
469,499
28,292
497,791
1,817,019||Resources
expended
£
**(243,253)**
**(70,150)**
**(929)**
**(1,980)**
**-**
**(316,312)**
**(57,227)**
**(8,698) **
**(65,925)**
**(382,237)**
Net
movement
in funds
£
5,907
-
-
(555)
-
-
(13,062)
(1,344)
-
-
-
-
(9,054)
(57,227)
(3,588)
(60,815)
(69,869)|Movement
in funds
£
**(16,698)**
**3,900**
**(181)**
**-**
**2,370**
**(10,609)**
**(57,227)**
**(6,737)**
**(63,964)**
**(74,573) **
At
31.8.24
£
64,108
1,186,652
1,516
18,426
974
1,200
12,237
(306)
2,217
348
259
22,543
1,310,174
412,272
24,704
436,976
1,747,150| |---|---|---|---|---| |||||| |||||| |||||| 15 ## **WOKINGHAM METHODIST CHURCH** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2025** ## **16. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Internal church organisations
Future staffing fund
Alzheimers cafe fund
Charity pass through
**Restricted funds**
Redevelopment fund
Property fund
**TOTAL FUNDS**|Incoming
resources
£
254,148
57,648
-
2,407
2,669
316,872
-
4,844
4,844
321,716|Resources
Movement
expended
in funds
£
£
(248,241)
5,907
(58,203)
(555)
(13,062)
(13,062)
(3,751)
(1,344)
(2,669)
-
(325,926)
(9,054)
(57,227)
(57,227)
(8,432)
(3,588)
(65,659)
(60,815)
(391,585)
(69,869)| |---|---|---| ## **Unrestricted funds** Unrestricted funds comprise those funds which the trustees are free to use in accordance with the charitable objects. As can be seen from the above table, the trustees have chosen to designate some of these funds for particular purposes. Designation is for internal reporting purposes and can be revised by the trustees at a later date. ## **Restricted funds** Restricted funds are funds provided for a particular purpose or projects and accordingly cannot be used for any other purpose without the consent of the donors. ## **Redevelopment fund** It is intended to hold any excess funding over the capital cost of the Bradbury Centre as a fund to meet future repairs and maintenance costs of the Centre. At present the depreciation on this building work is being charged to the fund. ## **Property fund** The property fund has been set up from the balance of funds from the development and will be used to defray maintenance and repair costs which are likely to accrue in the future. ## **17. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 August 2025. 16 ## **WOKINGHAM METHODIST CHURCH** ## **Detailed Statement of Financial Activities for the Year Ended 31 August 2025** ||31.8.25|31.8.24| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Tax recovered under covenant and gift aid|**21,516**|22,902| |Standing orders, donations and collections|**85,458**|88,192| |Collections for external organisations|**1,203**|909| |Sundry donations|**9,982 **|19,493| ||**118,159**|131,496| |**Other trading activities**||| |Lettings|**77,692**|80,189| |Coffee shop|**25,191**|23,608| |Reprographics & printing|**258**|246| |Feed in tariff|**3,641**|4,021| ||**106,782**|108,064| |**Investment income**||| |Deposit account interest|**4,576**|6,268| |**Charitable activities**||| |Income from internal church organisations|**74,049**|57,648| |Grants|**4,098**|18,240| ||**78,147**|75,888| |**Total incoming resources**|**307,664**|321,716| |**EXPENDITURE**||| |**Charitable activities**||| |Costs incurred by internal church||| |organisations|**68,300**|56,653| |Donations by the church|**1,980**|2,669| |Donations by internal organisations|**1,850**|1,550| ||**72,130**|60,872| |**Other**||| |Coffee shop costs|**6,039**|8,779| |Cleaning|**27,789**|25,906| |Repairs - routine maintenance|**6,787**|2,853| |Repairs - service contracts|**7,712**|10,110| |Telephone & internet|**2,707**|2,359| |Utilities|**12,025**|10,956| |Repairs - programmed refurb|**7,955**|7,689| ||**71,014**|68,652| This page does not form part of the statutory financial statements 17 ## **WOKINGHAM METHODIST CHURCH** ## **Detailed Statement of Financial Activities for the Year Ended 31 August 2025** ||31.8.25|31.8.24| |---|---|---| ||£|£| |**Support costs**||| |**Management**||| |Insurance|**3,865**|4,489| |Postage and stationery|**1,762**|2,110| |Circuit assessment|**99,350**|94,600| |Depreciation|**58,812**|58,508| |Youth & community and admin costs|**68,021**|93,881| |Charity running costs|**3,582 **|5,263| ||**235,392**|258,851| |**Finance**||| |Bank charges|**468**|377| |**Governance costs**||| |Independent examiner fees|**500**|500| |Accountancy|**993**|855| |Bookkeeping|**1,740**|1,478| ||**3,233**|2,833| |Total resources expended|**382,237 **|391,585| |**Net expenditure**|**(74,573) **|(69,869)| This page does not form part of the statutory financial statements 18 Wokingham Methodist Church Rose Street Wokingham RG40 1XS **For the attention of: Paul Williams BWBCA Limited Office 44, A30 Business Centre Higher Stockley Mead Okehampton Devon EX20 1BG** Dear Sirs The following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in connection with your report on the charity’s financial statements for the year ended 31 August 2025. These enquiries have included inspection of supporting documentation where appropriate and are sufficient to satisfy ourselves that we can make each of the following representations. All representations are made to the best of our knowledge and belief. ## **General** 1. We acknowledge that the work performed by you is substantially less in scope than an audit performed in accordance with International Standards on Auditing (UK) and that you do not express an audit opinion. 2. We confirm that the charity was entitled to exemption under section 144 of the Charities Act 2011 from the requirement to have its financial statements for the financial year ended 31 August 2025 audited. 3. We have fulfilled our responsibilities as trustees as set out in the terms of your engagement letter dated 9 January 2019 under the Charities Act 2011 for preparing financial statements in accordance with applicable law and United Kingdom Accounting Standards (UK Generally Accepted Accounting Practice), for being satisfied that they give a true and fair view. 4. All the transactions undertaken by the charity have been properly reflected and recorded in the accounting records. 5. All the accounting records and related financial information, including minutes of all management and trustee meetings and correspondence with The Charity have been made available to you for the purpose of your work. ## **Assets and liabilities** 6. The charity has satisfactory title to all assets and there are no liens or encumbrances on the charity’s assets, except for those that are disclosed as applicable in the notes to the financial statements. 7. All actual liabilities, contingent liabilities and guarantees given to third parties have been recorded or disclosed as applicable. 8. We have no plans or intentions that may materially alter the carrying value and where relevant the fair value measurements or classification of assets and liabilities reflected in the financial statements. ## **Loans and arrangements** 9. The charity has not granted any advances or credits to, or made guarantees on behalf of, trustee other than those disclosed in the financial statements. ## **Legal claims** 10. We have disclosed to you all claims in connection with litigation that have been, or are expected to be, received and such matters, as appropriate, have been properly accounted for and disclosed as applicable in the financial statements. ## **Laws and regulations** 11. We have disclosed to you all known instances of non-compliance or suspected noncompliance with laws and regulations whose effects should be considered when preparing the financial statements. ## **Related parties** 12. Related party relationships and transactions have been appropriately accounted for and disclosed as applicable in the financial statements. We have disclosed to you all relevant information concerning such relationships and transactions and are not aware of any other matters which require disclosure in order to comply with the requirements of charity law or accounting standards. ## **Subsequent events** 13. All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed as applicable. ## **Going concern** 14. We believe that the charity’s financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charity’s needs. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the charity’s ability to continue as a going concern need to be made in the financial statements. ## **Grants and donations** 15. All grants, donations and other income, the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of terms or conditions in the application of such income. ## **Trustee Remuneration & Benefits** 16. We confirm no trustees received any remuneration during the year and the details of reimbursed expenses included in note 9 to the financial statements are complete. Yours faithfully Kerry Weir Kerry Weir (Mar 20, 2026 10:53:53 GMT) .............................................................................................................................. Signed on behalf of the board of trustees Date ## Wokingham Methodist Church Financial Statements 31.08.25 Final Audit Report 2026-03-21 Created: 2026-03-18 By: Team BWBCA (admin@bwbca.com) Status: Signed Transaction ID: CBJCHBCAABAA_dq-1EeEd_B96AA3D8oxDPu8aHoVODuO ## "Wokingham Methodist Church Financial Statements 31.08.25" History Document created by Team BWBCA (admin@bwbca.com) 2026-03-18 - 00:35:16 GMT- IP address: 109.73.121.116 Document emailed to kerrylynweir@googlemail.com for signature 2026-03-18 - 00:35:26 GMT Email viewed by kerrylynweir@googlemail.com 2026-03-18 - 01:07:32 GMT- IP address: 172.225.208.2 Team BWBCA (admin@bwbca.com) replaced signer minister@wokinghammethodist.org.uk with Wesley Hampton (minister@wokinghammethodist.org.uk) 2026-03-18 - 08:20:59 GMT- IP address: 109.73.121.153 Team BWBCA (admin@bwbca.com) replaced signer minister@wokinghammethodist.org.uk with Wesley Hampton (wesley.hampton@methodist.org.uk) 2026-03-18 - 08:21:22 GMT- IP address: 109.73.121.153 ## Email viewed by kerrylynweir@googlemail.com 2026-03-19 - 01:07:57 GMT- IP address: 146.75.200.0 ## Email viewed by kerrylynweir@googlemail.com 2026-03-20 - 01:35:29 GMT- IP address: 104.28.31.9 Signer kerrylynweir@googlemail.com entered name at signing as Kerry Weir 2026-03-20 - 10:53:51 GMT- IP address: 148.252.156.34 Document e-signed by Kerry Weir (kerrylynweir@googlemail.com) Signature Date: 2026-03-20 - 10:53:53 GMT - Time Source: server- IP address: 148.252.156.34 Document emailed to Wesley Hampton (wesley.hampton@methodist.org.uk) for signature 2026-03-20 - 10:53:55 GMT Email viewed by Wesley Hampton (wesley.hampton@methodist.org.uk) 2026-03-20 - 11:46:34 GMT- IP address: 86.130.238.87 Email viewed by Wesley Hampton (wesley.hampton@methodist.org.uk) 2026-03-21 - 12:26:58 GMT- IP address: 18.133.247.104 Document e-signed by Wesley Hampton (wesley.hampton@methodist.org.uk) Signature Date: 2026-03-21 - 12:42:21 GMT - Time Source: server- IP address: 18.133.247.104 Document emailed to paul@bwbca.com for signature 2026-03-21 - 12:42:22 GMT ## Email viewed by paul@bwbca.com 2026-03-21 - 21:36:28 GMT- IP address: 109.73.121.84 Signer paul@bwbca.com entered name at signing as BWBCA Limited 2026-03-21 - 21:36:49 GMT- IP address: 109.73.121.152 Document e-signed by BWBCA Limited (paul@bwbca.com) Signature Date: 2026-03-21 - 21:36:51 GMT - Time Source: server- IP address: 109.73.121.152 Agreement completed. 2026-03-21 - 21:36:51 GMT