Church Accruals Accounts 2023-2024 THE METHODIST CHURCH TEMPLATE REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2024 Chandler's Ford Methodist Church R•ql8t•r•d Charlty. R•gl#tratlon numbor 1127449 Winchester, Easlleigh & Romsey CITcuIt No 2612 Mlnl•ter• Rgv Ruth F Church St•ward• BartiAra A¢kroyd.------..~-- Diane PuAh Barbar8 Lowe artln Waldron Church Treasurer Chri5 Goodhead
Chandler'5 Ford Methodist Church Annual Report for the year ended 31 August 2024 Chandler's Ford Methodist Church is a reglstered charity, number 1127449 Address: Winchester Road, Chandlerfs Ford, Eastleigh, Hampshlre S053 2GJ Minister and Chair of Trustees.. Revd. Ruth Fry The church ha5 a total membership of 230 as at Novernber 2024 (November 2023: 2381, of which 32 served as trustees durlng the year. We take our place within the Winchester Eastlei8h & Romsey Circuit and the Southampton District as part of the national Methodist Church. Vlslon: 'Moking morefoithfulfollowers of Jesus., Mlsslon Statement; Our purpose Is to worshlp God and, helped by the Holy Spirit, to love each other, to care for those In need and to share the love of Jesus wlth those in the communlty around us. The Methodlst Church We are part of the wider Methodist Church, a Chrlstian denomination. The callln8 of the Methodist Church is to respond to the 8ospel of God's love in Christ and to live out Its dlscipleshlp in worship and mlsslon. Church prlorltles In September 2020 we a8reed on four church prioritles, which are ongolng.. Worship, Learning, Caring and Service. Worshlp which nurtures people in dlfferent stages of Ilfe Chandler's Ford Methodist Church lor "CFMC'I contlnues to offer worship which nurture5 people of all ages and sta8e5 of faith, and which embrace5 a variety of worship styles. As a church we worship God each Sunday, both mornlng and evening and durlng a Thursday midweek service. The Sunday 11 am mornlng service and the Thursday 10.30 am morning service continue to be available in hybrid form Iboth in person and online). These services are led by Ministers and Local Preachers from the Circuit with church members and adherent5 as well a5 authorised worshlp leaders contributing prayers, readings, and music. The 'Breakfast Church. service which meets at 9.30 am on the first Sunday of each month goes from 5tren8th to strength. This is a service in which those who come along share breakfast together followed by an informal, creative, and contemporary style act of worship. It is popular
with people of all a8es but partlcularly with families, children, and young people. These are planned and lead by a team of volunteers working with an accredited worship leader, Local Preacher or Minister. The weekly worship at home sheet sent out by the circuit admlnlstrator to all churches in the clrcult to distribute to those who would otherwise be unable to p3rtlcSpate In a weekly act of wor5hlp is very much appreciated by those who continue to receive it. There have been several Local arrangements for worship at the 11am Service this year which have been led by members of the con8re8ation and have been very well received by all. The Minister has taken funeral servlces over the year as have Supernumerary Mlnlsters. There have not been any weddings. There was one baptlsm. The annual remembering service to whlch recently bereaved members are Invlted once again proved to be popular and very well received. Learnlng which equip5 us as disciples to share God's love and our faith in the church and the world. The learnln8 pro8ramme In the year for our church was called '1 belleve and Is based on statements from the Apostles, Creed. The aim is to provide opportunities for members of the worshipping community to reflert upon the fundamentals of the Christian faith and learn how to best share these reflections wlth others, including non-chrlstlans. This is an occaslonal series which began wlth '1 believe in . God, the Father almi8hty' in October 2023 and ha5 been followed by '1 believe in . Jesus Christ, God's only Son, in January 2024 and '1 belleve In . the Holy Spirit, In April 2024. As well as a Personal Blble Study, there is a Group Bible Study that explores each theme in greater depth for use by House Groups. Durin8 Autumn 2023, our own minlster, Ruth, in conjunction wlth another minister from the circult ran an 8-week course entitled Compass on Tuesday evenin8s. This explored what it means to know Je5U5 more deeply and was equally sultable for those slmply w15hlng to find out more, new Chrlstlans and Ilfelong followers of Jesus alike. Varlous Fellowship and House Groups continue to meet on a re8ular basis. Each is responsible for its own pro8ramme. but typically this includes a combination of outside speakers, Bible study and topical discussion. Coring which deepens our fellowship and enables US to be an inclusive community. Pastoral Care 15 led by our minister Ruth. falthfully assisted by Jane Padley a5 Lay Pastoral Assistant, and pastoral visitors (who are volunteers drawn from the church membership). There 15 an annual Pastoral Visitors, Rededication Service which this year took place In July and a Remembering Service which is held on a Sunday close to All Saints, Day (November I").
Pastoral visitors meet together three times a year to discuss common issues and receive training. Over this past year that has included a session on dementia led by an external speaker Valerie Down from the charity dernentia friends. Servlce through which we share our faith by serving the local community and the wider world. The service action team coordinates our support for people suffering from injustlce both locallv and globally. Locally we support the work of Eastleigh Basics Bank, coordinatin8 regular donations and volunteers, and also support local community organisation SCRATCH in its Chrlstmas toy appeals, Our Dovetall Café contlnues to provide a meetin8 place for IndivSduals and groups within the community and has continued to grow In popularity as a place where a warm welcome can be found. More Globally we support and promote the work of All We Can and Chrlstlan Ald and coordinate responses to Emergency appeals when these arise. Our community larder contlnues to provide an open access store outslde the church whlch members ofthe local community can access anonymously according tothelr need, Thi5 IS stocked by donations from local stores and from the church and community. The larder Is much used and has received appreclative comments on local social media. This year the Church is developin8 a 'Wellbeing Creatin8 Church, initlatlve, with funded support from local chaplaincy charity IBEX. Throu8h this we hope to explore new ways to support the varied facets of wellbein8 not only of our own members but also ofthe local community, throu8h workln8 wlth the many groups who use our premises and collaboratln8 With others such as local soclal prescrlbers. Work wlth ¢hlldren, famllles, and youn8 people CFMC has employed someone In thls area of our mission for many years. Our chlldren, young people and famllles. Pastor, Ellie Purkiss, continued to lead the work untll resl8nin8 in January 2025 to take up other employment. However, we are extremely fortunate that the work with children and youn8 people has also been supported by many volunteers, and since January manv more volunteers have stepped up and there are now over 23 people working across the many different clubs and activities. Thls does not include all the uniformed 8roups that are also connected with CFMC. It has been a very busy period of applying for DBS checks, undertaking Safeguarding Trainin8 and finding new ways of workin8 in order that we Still offer all that we did before with an employed worker. We are grateful to our Circult Safeguarding Officer, Marilyn Pack. and to our Circuit Youth Worker. Sam Barnes, for their input and support. DoveTots. Kids, Club, Youth Club, Who Let the Dads Out, Breakfast Church, and Sunday Kids, Church are all operating well at the time of wrltin8, but as before it is very difficult to predict numbers attending on a week-to-week basi5 particularly with so many other activities for children and young people acr055 many disciplines in our community. We hope that what we do offer
brin85 children and parents into the orbit of church life and that our welcome and hospitality make5 a lasting impression for the future. We are grateful for Sandy Coates stepping up as Steward for Children and Families, offering support, administration, continuity and support where needed. We are using this time for reflection and review- we hope to employ a part-time Youth Worker in the coming months after discussion and exploration with our new Minister; we continue to hope and pray that our work with children and youn8 people wlll 8row. In addition, Peter Pan Pre-school Is a semi-autonomous facility offered by the church and run by quallfied staff. Thls provides OFSTED approved educatlon and care for 2-5 year olds. on weekdays duringterm time. Resources The year under review saw increasing use of ourwonderful 5uSte of premises, both church-related and extemal users. Our paid staff team play a vStal role In malntalnln8 the church as a widely appreciated communlty centre at the heart of Chandlerfs Ford. Katrlna Neale our Church Centre Manager, has overseen all matters relatingto lettlngs and helps maintain good relations with a wide variety of community groups operating in the fields of health and welfare, fitness, education, art, music, etc. Our Property Mana8er Shaun Fletcher retired in December 2023 after many years of good stewardship of the premises and we welcomed Glenn Stephen5 a5 his replacement. We also sald farewell to our long-standing caretaker Kebth Cole In April 2024, and we are pleased to now have Graham Alders in post. These paid roles are of course supported by a large number of volunteers. Thls Is exemplified in the Dovetail Café which is open six mornin85 a week and run entirely by volunteers. Our overall alm is to ensure that we make the most of the wonderful facilltles we have, offerlng support and hospltality to all, at a fair cost. Our multi-phase 30Years On project contlnued in the year under review, followlng the Installatlon of solar panels and batteries In 2023. The name 30 Years On encapsulates a vision.. con5ClOUS that the church layout was dramatically changed 30 years ago with the buildin8 of the Dovetail Centre and various elements, includ ing heatin8, needln8 overhaul- but more importantly it focusse5 on the future and making the premises fit for purpose for the next generation, including acce55ibility as well as environmental improvements. The fundraislng aspett of 30 Years On was formally launched in October 2023 with a target of £200,000, and the church family and wider community has risen to this significant challenge. At the same time grant funding has been secured both from Methodist sources (District and Circuit) and other grant making trusts. With guidance from experienced church design and planning consultants, at time of writing we have completed two significant phases of work,. Heating
(including new boilers) and Accessibility (including a lift to the upstairs rooms and a re-working of tollet facilitlesl. Work is on80in8 in respect of the remaining phases focusing on sustainability. Oversight and Governance Thetrustees are members of the Church Council. Members, representatives and Church Stewards are elected at the Annual Church Meeting. A number of committees take responsibility for speclflc areas of church Ilfe and report to the Church Council, includin8 Worship and Service, plus 3 Resources Committee which oversees the mana8ement of staff, property and finance. The Church Councll meets quarterly, to review the mission of the church and to discharge Sts dutles as trustees. The Church Council maintains the hi8hest Possible standards in safeguarding children and vulnerable adults. It continues to monitor safeguarding risks, as well a5 Other risks relating to finance and operation5 lincludln8 use of the church premises) and to manage them in as effective a way as possible. During the year, the leadership team has also continued to meet re8ularly, with Revd Ruth Fry as the Chair. The leadershlp team, and wider church, were deva5ted by the sudden death of Ken Richardson in Au8USt 2024. Ken took a leading role in CFMC'S Learnln8 actlvities Isee abovel as well a5 being a Lay Preacher and involved in rnany other aspects of church life, Around the same time we also sald farewell from leadership positions to Mark Downer and Anne-marie Jenkin5, and we thank them warmly for thelr very significant contributlons over many year5 of active Service. Fulfllllng alms and Publlc Beneflt The church mls5ion statement is achleved throu8h a wide variety of worship services. fellowshlp meetings, 8roup activities, learning opportunities, and the presence of the church and it5 members in the local communlty. More detalls can be found on the church website www.cfmethodist.church Byway ofexample5, the Dovetail Centre Cafe offers a friendly welcome to all for six mornlngs a week, and the Peter Pan Pre-school provides OFSTED approved educatlon and care for 2-5 year olds. We confirm the trustees have had regard to the Charity Commission's 8uidance on public benefit. Flnance and Reserves Our main source of unrestricted income is the regular and committed givlng by members and friends. The largest item of expenditure is the assessment paid to the Winchester, Eastleigh and Romsey Methodist Circuit. A significant amount of the circuit assessment is used to pay the stipends and related costs to Ministers, and the upkeep of their manses. The unrestricted funds income lincluding de5i8nated funds) for the year was £231,26912023: £240,101). There was a deficit on general funds of £8,640 12023: deficit of £4.0971, after
transferrin8 IO% of regular membership giving to the Benevolence Fund which is used for donating to other charitable causes near and far, includin8 Methodist charitles. The trLJStees are satisfied that the level of reserve515 sufficient to enable the church to continue to meet its charitable objects. After excludlng £2.5million which is the valuation of the church premlses on the balance sheet, unrestricted reserves at 31 August 2024 were £164,47412023: £153,382}. Thi5 include5 a designated Development Fund of £33,7(1012023: £18,244) for major repairs and costs relatin8 to the church premises, and General Funds of £98,52812023.' £107,1671. Our reserves policy is to maintain at least 3 months, worth of general expenditure lapprox. £65kl in our General Fund and 0.5% of the insurance value of our premlses {approx. £33,7kl in our Development Fund. Fund movements and balances are set out In note 17 to the accounts and are In Ilne wlth the reserves pollcy. We are forecastlng a small financial deficit for 2024125. Thls wlll be met from existing reserves, as a result of which the trustees are confident there are no significant uncertainties about the charit¢s ability to continue as a 8oln8 concern. Chris Goodhead FCA acted as the treasurer overseeing the day to day financlal management and accounting for the church durin8 the year. Independent examiner- Warner Wllde Ltd, 4 Marlgold Drlve, BSsley, Surrey GU24 9SF Investment Bankers: Central Flnance Board of the Methodist Church Trustees for Methodlst Church Purposes The Charity's annual report and accounts for the year ended 31 August 2024 have been prepared in accordance with Accountln8 and Reportlng by Charities,. Statement of Recommended Practice applicable to charities preparlng their accounts In accordance with the Financial Reportin8 standard appllcable In the UK and Republic of Ireland IFRS102) leffectlve l January 2019} {Charities SORP {FRS 102)). Sl8ned on behalf of the trustees: Date.. Revd Ruth Fry
Trustees who served during the year and to date: Revd. Ruth Frv Revd. Peter Rayson Revd. Kate Cambridge Revd. Bryan Coates (from Oct. 20241 Jane Merryman Anne Heath Derek Lowe Chris Goodhead Mark Downer (to Aug. 20241 David Wrighton Barbara Ackroyd Susan Gulliver Jane Padlev Dlane Pugh Tony Hlll Sara Goodhead Ruth Johnson Michael Waterson Rachael Hunt {to Aug. 20241 Kelth Cole Anne-marie Jenkins (to Aug. 20241 John Evans Ito Sep. 20241 Barbara Lowe Ken Richardson {to Sep.20241 Jenny Heal TIM Padlev AlSce Wrighton (to Feb. 20241 Eleanor Carter {to Sep.20241 David Jenklns (to Aug. 20241 Hilary Singer Brenda Syratt Martin Waldron (from Feb. 20241 Allson Fenwlck (from Aug. 20241 Julie Pearce (from Sep. 20241 Sandy Coates (from Feb. 20251
Name of Church Chandler's Ford Methodist Church Charity No. 1127449 Statement of Financial Activities (SOFA) for the year ended 31 August 2024 Notes to Designated the General Fund Funds accounts (Unrestricted> (unrestricted) Restrl¢ted Funds Tolal 2023.24 Income 1 Offerings including Gift Aid 2 Gift day appeal 3 Donatiolls and legacies 3a Grants 147.815 147,815 23,990 170.006 15.000 193,996 15,000 2,237 55,686 159,595 17 4 Investment income 2,237 55,686 5 Property income 6 Internal organisations 7 Other charitsble income 17 159.595 1,541 231,269 8 Tolal Income 344,601 575,870 Expenditure 9 Circult assessment 131,284 131,284 17,724 8,720 39,274 5,000 75,964 21,971 136,542 436,479 4,121 10 Grants and donations 14,750 2,974 11 Property maintenance 12 Insurance.ulilities etc 8.720 39,274 13 Depreciation 14 Staff costs 5,000 60,964 9,104 15,000 12,111 136,542 166,627 15 Other expenditure 16 Intemal organis81ions 17 Total Charitable expenditure 18 Losses on monetary investments 19 Gainl(loss) on investment properties 20 Net Incomellexpendlturel 21 Transfers between funds 756 249,346 4,121 20,506 13 .13,956 5,316 -20,506 40,238 177,974 45,554 143,512 17 22 Other gainslllossesl 23 Net movement in funds ,640 107,167 98,527 19,732 2.546,215 2,565,947 132,420 70,315 202,735 143,512 2,723,697 2,867,209 24 Total funds brought fonNard 25 Total funds carried forward
Chandler's Ford Methodist Church Balance Sheet as at 31 August 2024 Unrestricted Designated Iunrestrlctedl Restricted Tota15 thi5 year 2024 Tota15 last year 2023 TangSble Flxed Assets Notes Land & Buildings Equipment Investment properties Investments 12 2,500,000 30,000 2,500,000 31,580 2,500.000 38,160 12 1.580 13 11151 11151 33,700 2,563,700 33,585 2,565,165 52,060 2.590,220 Totalfijted 05sets 1,580 Current A55et5 Debtor5 and Prepayment5 Cash at Bank and in hand Trustees or Met odist C Purposes deposits Central Finance Board Deposits OthÈr 14 51,769 59.780 51,769 263,182 40,378 140,741 14 2,247 201,155 urc Total current Gssets 111,549 2.247 201,155 314.951 181,119 uein 15 12,907 12,907 47,642 Net current asset5 Iliabilitiesl Tott7 assets ess current 98,642 2,247 2,565,947 201,155 202,735 302,044 2,867.209 133.477 Itles 98,527 2.723,697 Loans and credltors due after l year Provisions for liabilities and charges Net ussets 98.527 2,565,947 202,735 2,867,209 2,723,697 Funds ol the Chur¢h 17 Unrestricted funds 98,527 2,565,947 2,664,474 202,735 2,653,382 70,315 RestrictEd funds Endowment funds 202,735 rot&lFunds 17 98,527 2,565,947 202.735 2,867,209 2.723,697
Name of Church Chandler's Ford Methodist Church Charity No. 1127449 SOFA for the year ended 31 August 2023 (previous year) Notes to Deslgnated the General Fund Funds accounts (Unrestricted) (unrestricted) Restricted Funds Total 2022-23 Income 1 Offerings including Gift Aid 2 Gift day appeal 3 Donations and legacies 38 Grants including furlough 4 Investment income 151,986 18,307 14,594 151,986 18,307 22,354 33,240 1,749 50.583 129.189 2.882 410,290 7,760 33,240 1,749 50.583 5 Property income 6 Internal organisations 7 Other charitable income 129,189 2,882 240,101 8 Total income 170.189 Expenditure 9 Circuit assessment 129,264 129,264 17,701 8.506 49.384 5,500 66,891 23,021 104.530 404.797 -2,309 10 Grants and donations 14,750 2,951 11 Property maintenance 12 Insurance,utilities etc 13 Depreciation 14 staff costs 8,506 44,384 480 5,000 5,020 51,891 6,954 15,000 685 15 Other expenditure 16 Internal organisalion8 17 Total charitable expenditure 18 Gains on monetary investment5 19 Gainsl{losses) on investment properties 20 Net in¢omel{expenditure) 21 Transfers between funds 15,382 104,530 128.166 241,479 -2,309 35,152 13 -3,687 410 -35,152 37,757 42,023 -37,347 3,184 17 22 Other gainsl{lossesl 23 Nel movement in funds 4.097 111,264 107.167 2,605 2,543.610 2,546.215 4,676 65,639 70.315 3,184 2,720,513 2,723,697 24 Total funds brought forward 25 Total funds carried forward
Chandler's Ford Methodist Church Notes to the Accounts l. Basis of accounting The f1nantsal starements havo been prepÈd underthe Charities Act 2011 and in accordante wlth the St3tement of Recommended Practice ISORPI applicable to charlties preparing rheir accounts in accordance with FRS 102 leffeciive from I january 20191. The charity has taken advantage of the provlslons ID the SORP for charities applying FR5102 Upd8ie 6ulletin I not to prepare 8 statement of Cash Flows. The rynanclèl statèments ère prepared in sterling. which is the functional Currency of the chaiity. Monetary amounts In Ihese linaniial Statements are rounded to the nearest £. 2. Funds The funds held constitute.. General Funds held for any purpose of the Churih which are Unrestricted. Resiricted funds which ère held for 3 narrower PUfpDse IntludSng those for internal or8anisatian5. There are also Designated funds which have been earmarked bythe trustees for particular purposes within LJnre5tricted funds Detalls of each matefial fund are disclosed in note 17. Any funds may be represented by tnorp thanivst cash. 3. Accounting policles Basis These account5 have been prepared the basis of h15torical cost except that Investments are shown attheir market value ai the end of the year, on the accrua15 basi5 to show a true and fair viewof the Church's financial position and activlties. Income Income is Included the Statement of Flnancial Aciiviries150FAI when the Churth become5 entitled to It, the trusteesiudEe it Pfobable th31 they will receive ii, and ihe monètaryvalue can be measured with sufficient reliabilitv. Expenditure This 15 reco8nised when a liabillty Is incurred, or a constructive obligation Brise5, that results In the payment bein8 unavoidable. Grants Grants madè by the Church from its own fund5 are recognlsed in full at the time of aBrEement or when the Church accepts that there is a legal or opefational obligation to make the payment. VAT Since the Church is not VAT registered, èll iftpuIVAT is Charged with the expenses to whlch it refers. Tangible fixed assets for use by the Church rhese are capit8lised If they can be used for merethan one year. and individually cosi at least £l.000. The freehold propertv 15 shown ai deemed historical tost. Dtherfixed assets are depreciated on a sttsight line basis over periods as set out In note 12. Tangible fixed asset5 are iriitially measured at cosr and subseouÈntly measured at cost or valuation. net of depreciatlon and Impairment1055es. Investment Propertie5 Investment properties- no property is currently deemed ro not be held forthe Ion8terrn purposes of the charitv. Investments Investments are valued in thE balance sheet at rnarkel value at the yearend. Investment Sncome is irTrcluded in ihe accounts when receivable and anygains or losses on revaluation at the year end are 5huwn in the SOFA. Debtors and Prepayments Debtors include Gift not yet reteived in respect of donatlons up to the balance sheet date, Hnd prepayments such as CircuitAssessment paid fcr subsequent periods. Credltars Creditars include Dutgtsndin8 loan bal3nces from church member5 which are repayable on demand and Interest free. Pension The charity operate5 a defined contributlon penslon schemè. Cost5 arè allocated rothe statement of Flnancial Activities when incurred. Going Concern The accounts have been prepared on the ba515 that the charity is a going concern.
Chandler's Ford Methodist Church 2024 Total 2023 Total 4. Offerings includin8 Gift Aid Unrestiltted Restrirted Standing Orders Collections ind regular giving Tax credits Total 93.844 25,071 28.900 147,815 93,844 25,071 28.900 147.815 96,266 20,720 35.000 151,986 2024 Total 2023 Total 5. Donations and le8acles Unrestricted Restricted Donations Legacies Total 20,990 3,000 23.990 170,006 190.996 3,000 193,996 12,354 10,000 22.354 170.006 2023 included £7,760 of Restricted Donations. 2024 Total 2023 Total 6. Investment income Unrestricted Restrlcted Central Finance Board Other Total 1,828 409 2.237 1,828 409 2,237 1,541 208 1,749 2024 Total 2023 Total 7. Property Sncome Unrestricted Restricted Lettings Electricity generation Total 53.244 2,442 55,686 53,244 2.442 55.686 48,102 2.481 50.583 2024 Total 2023 Total 8. Other Income Unre5trirted Restrlcted Fundraising events Don3tion5 for other charities Other Tolal 934 934 2,747 607 1,541 607 1,541 135 2.882 Unless otherwise stated all amounts included for 2023 in notes 4-8 above were Unrestricted.
Chandler's Ford Methodlst Chuith 9. Payment to Trustees 2024 2023 Payrnents rnade to trustees for additional seNices provided to the Church by agreemerst with the Church Council Meeting 12,855 20.206 Number of trustees who were paid expenses Nature of th@ empenses.. Total amount paid 10. Fee5 lor emamination or audit of the accounts Independent examiner's or auditors, fees for reportln8 015 the accounts 1,140 Other fees leg.. advice, accountancy services) paid to the independent examiner or auditor 11. Paid employees staff Costs paid durin8 the year were.. Gross wages, salaries and benefits in kind 171,083 143,382 Employer's National Insurance costs 4.399 6,916 Pension costs 2.494 1,928 Total staff costs 177,976 152,226 Average number of staff employed durfng the year were: 16 14 The above tot315 include £102.01212023.. £85,335> staff costs and 1212022.. 111 staff relating to Peter Pan Pre-school whi£h is classified as a church internal orEanlSation. No employees receivÈd Etnolument5 over £60,000 during the current or prior year. Volunteers In accordance with FRS102. the value of volunteer time is not recoEnised in the accounts. However it 15 acknowledged that the church benefits greatly from all the work done by its mèny volunteers, enriching and expanding so many areas of our worship, service and mission. This include5 the fflernbers of Church Council Itrusteesl who kindly provide tirne free of charge to oversee the church'5 operation5 and ensure compliance with Dur many obligations.
Chandler's Ford Methodlst Church 12. Tanglble Flxed ASMIS Cost or v81uation Church (non tnvestmentl land and bulldinBS oiherlixed assets includlng motor ¥ehS¢les Coffee machine Irestflctedl Churth display Screens Solar Panels Total alance brought forward 2.5.(X)0 4,740 16,993 56,520 24.541 2,602,794 Addition5 Revalu3tion51+1_1 Oisposals l.) Transfers. l+l-I Balance czrried forward 2,500,000 4,740 16,993 56,520 24.541 2,602,794 Accumulated depre¢latlon Balance brought forward 1,580 16.993 21,520 24,541 64,634 Depreciation charge lor year l-l 1.580 5.000 6,S80 Revaluation51+1.1 Tran5fer5'1+1.1 Balance carrled forward 3,160 16,993 26,520 24.541 71.214 Net book value 8rou8ht forward 2023 2,500,000 3,160 35,0(X) 2,538.160 Carried forward 2024 2.500,000 1,580 30,000 2,531,580 Depreclatlon Istraight lihel.. 3 years 2-4 year5 8 years 3 years
Chandler's Ford Methodist Church 13. Investments The funds that support the various funds are held by TMCP in Trustee5 Interest Funds on which interest is credited to the accounts each month. These are regarded as medium and long term investments. TMCP is the legal owner and Custodian Trustee of 311 Methodist Model Trust property, including Legacies, Endowments and Accumulated Funds. Trust property is held for and on behalf of local Managing Trustees who are responsible for the day to day management of trust property. TMCP ensure that, through providing guidance and acting under their direction. the Managing Trustees comply with charity law and Methodist low and polity as determined by the Methodist Conference. Analysis of investment movements 2024 2023 Change In investment values Carrying Imarketl value at beginning of year 52,060 54,369 Add: additions to investments at cost Less: disposals at carrying value 22.596 Net gain/llossl on revaluation 4,121 2,309 Carrying Imarketl value at end of year 33,585 52,060
Chandler's Ford Methodist Church 14. Analysls of current assets 2024 2023 Debtors and prepayments Pre paid assessments Prepayments and accrued income 2,524 5,336 Other debtors 49,245 35,042 Total debtors and prepayments 51.769 40.378 Analysls of Cash at bank Lloyds Bank 142,682 39,379 Cash floats 400 400 CAF Bank & Chapel Fund 68,451 32,855 TMCP ID,093 Bank balances held by internal organisations Total Cash and Bank 51,648 58.566 263,181 141.293 15. Analys15 of current Ilabllltles PAYE 2,845 1,858 Accruals and other creditors 10.062 25.784 Loans 20,000 Total Current Llabilities 12,907 47,642 16. Capital commltments and contingent liabilities At the 31st August 2024 the Church has no capital commitments Ilikewise for 20231. No Contingent liabilities were identified at 31st August 2024 (likewise for 20231. 10
Chandler's Ford Methodist Church 17. Detailed analysis of individual fund movements Unrestri¢ted Fund5 Fund Name Opening alance Income Expendlture Transfers Revaluation 8ainsllosses 4,121 Closin8 Balance General fund 107,167 231,269 -249.346 5.317 98,528 33,700 824 Development fund Benevolence fund 18,244 792 15,456 14,782 -14.750 -756 Young People's Work Solar Panels 2,179 25,000 2,500,000 2,653,382 1.423 30,000 2,500,000 2,664,475 -5.000 10,000 Church building Totals 231.269 -269,852 45,555 4,121 Restrlcted Funds Fund Name OpeninB Balance Income Expenditure Transfers Revaluatlon galnsllosses Closlng Bzlan¢e Internal organi5ations'. Peter Pan Pre-school 52.068 3,987 3,829 1,290 61,174 119.980 32.473 4,507 2,635 159,595 5,000 -121,160 .11,041 -2,850 -1,491 -136,542 -5,000 -6,468 -21,000 -2,000 -1.531 -30,999 44.420 4.419 3.486 Dovetail Café Women's Fellowship Others 9D3 Internal organisations total Winchester Eastleigh & Romsev Methodist Circuit grants= staff & utllitiÈs 53,228 Southampton Methodist District Érants.. youthwork & solar panels 30 Years On 10,000 -10.0 3,750 166,845 -10,283 -14,556 145.756 Legacy November 2017 Other grants 4.043 1.348 -1,828 -2,973 -166 626 2,215 1,536 202 735 3,161 344 601 Totals Fund ur oses Development Fund: in case of major unplanned premises costs. set at O.S% of buildings insvrance value. Transfer includes up-front costs for 30 Years On development project paid in prior year. Benevolence Fund: for 8ivin8 to other charitable causes. funded by IO% of regular offerings income Young People's Work: funds earrnarked for mission amongst children and young people Solar panels fund- book value of 2023 array mlnus attributed loans (loans repaid this yearl. Internal orKani5ations.' funds held by grDUP5 reporting to Church Council tlovetail Café b3lance InclLJdes coffee machine book value of El,580. Legacy November 2017: received for specified use.. local aid, yovthlchildren's work & training Other grant$; funds collected on behalf of other organisations Transfers between funds A net total tsf £30,999 was recetrved into general fund5 from internal organisations to recogni5e use of premises etc 18. Related party transactlons There were no related party transactions for 2024 or 2023. There are no donations from relaled parties which are outside the normal course of business or given with conditions.
Chandler's Ford Methodlst Church DECLARATIONS Treasurer I confimi that these accrual based accounts for the year ended 31 August 2024 have been prepared from the records of Ihe Church and that they include all fun¢Js under the control of the Church Council. Signature of Treasurer Date Name of TaSrer Chris Goodhead Address 13 Merdon Avenue. Ch2ndle¢s For¢J, Easlleigh,Hants, S053 1EH Presentation lo the Church Councll for approval. I confirm Ihal the 8nnual report and accounts for the year ended 31 August 2024 were presented to the Chuich Council at its meeting on 12-Feb-25 and were approved. Signature of the Chair of the meeting Name of the Chair of the meeting Rev Ruth Fry Dale Independent Examiner's Report to the Trustees of the Chandler's Ford Methodist Church This Report is on the Church Accounts for the year ended 31. August 2024 Respective responsibilities of Trustees and Examiner The Church's Iruslees are responsible for ensuring that the annual report and accounts for the year lo 31 August 2024 present a true and lair view of Ihe chuh,$ income and expenditure for Ihe year and of its assets and liabilities at the balance sheet dale. The trustees consider that an audit is not necessary for this year under Section 144 of the Chariligs Act 2011 Ilhe Charities Acll and that an independenl examination is needed. 11 is my responsibillty lo: examine the accounts under section 145 of the Charilios Act., lo follow the procedures laid down in the general Directions given by the Charity Commission under Section 14515llbl of the Chaiilies act., and to stale whether particular mallers have come lo my attention.
Chandl•r's Ford Methodist Church Ba81• of Independent ExAmln•r's Report Kty examination was carrfed oul in accordance wilh Ihe general directions glven by the Charfly Commission. An exzrnin3b.on Indudes a reeW of ihe atcouniin9 rècords kept by the chariiy and a compar1s of the accounts piesenled wlh those ordS. 1¢ also indudes consideration of any unusual ilems, In nature or scale. or di5clo$ures In the accounts, 3geklng explanallons frcm the Trustees conceinlng such matters. The procedu5 undenakén do not provbde all the evldence Ihal would be required in an audit and, consequently no ¢¥Jinion Is given 81 its whether th• accounts present a tnje and fair wew. raportls Imltgd to those mallers set out In the sl•lernenl below. Independant Examlner's Statement In eonnectlon with my ex8minallon, no maller has ¢ome lo my allenlion whSch gIV me reasonable cause to telleve Ihal in any material respecl Ihe requlremenl8'. . lo keep 8¢counling records in accordance with Section 130 01 the Charities Ael 2011. to prep8re 8CCOUnts vthlch accord wllh the 8ccounllng rec(Yd8 and comply vllh thè accounting requirements of the Chadlies Act have not been mel,. or 121 lo which, In my oplnlon. allenlion shoubj be drawn in order to enable a proper unders18nding ol the aceounls lo be reached. 131 I have Ihave not. L*)lained Independent verlflcalion of all Investments with the Tw&lees for Methodi81 Chureh Purposes or held in other Iru8ls. bank balances and funds al the Cenlral Finance Board of the Melhodisl Church which are indivldualty in excess of £10,OIX) Ilen thousand pounds) at the balance sheel dale. Name ol Sndependenl examiner Frances Wilde Slgn81ure of Independent examlner FfLJ'J Relevant Profes8ional ualificalion or bod FCCA NBme of fimi (where 8ppropri8lel Wamer Wilde Limited Add38 4 Marigold Drtve, &'sley. Surrey. GU24 9SF Date 4 lune 2025 13