2023-08-31-accounts - Bromley Methodist Church

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BROMLEY METHODIST CHURCH ANNUAL REPORT FOR THE YEAR ENDING AUGUST 2023

The Church Council submits its Annual Report and Accounts for the year ending 31 August 2023.

Members of the church are managing trustees of the Church, and the ordinary general meetings are held three times per annum. Day to day administration of the church is delegated to the Church Stewards and the other officers, including the Treasurer and to a number of committees, including Finance and Property.

The number of members at 31 August 2023 was 107.

The purpose of Bromley Methodist Church is to glorify God, proclaim the Gospel and seek to win people for the Kingdom of God

To nurture and care for those who are committed to Christ
To extend pastoral oversight to the church’s wider family
To promote Christian values
To respond in the name of Christ to contemporary issues
To share a vision of the world church

The following is a summary of the main activities undertaken during the year in pursuit of those objectives:

Worship : The Church meets regularly for acts of worship, the weekly 10.30 am service on Sundays averaging 68 adults and 7 children. The service takes the form of Holy Communion once a month and All Age Worship once a month (with occasional attendance of the uniformed organisations). The services are led by the Bromley Circuit Ministers and local preachers.

The Church also holds mid-week prayer meetings on a Thursday with average adult attendance of 12. This attracts some of our elderly and more infirm members who cannot attend on a Sunday. This is led by both the local Methodist preachers and members of the church.

Pastoral Care: Revd Karen George continues to take pastoral charge of Bromley Methodist Church. Karen is supported by a team of pastoral visitors whose work is overseen by the Pastoral Committee. There are 2 house groups which provide opportunities for fellowship and study for the church membership. Bible study courses with other churches in the Circuit have been held at Bromley.

Service: The Church seeks to make itself available to the local community. It is open on a Thursday morning for coffee, fellowship and prayer. The Church also has close links with uniformed organisations (Scouting and Guiding) which meet weekly on Church premises and participate in regular ‘Parade’ services. Rooms are also made available for the use of a wide range of groups and organisations (including local Alcoholics Anonymous and Bromley Drug and Alcohol service). During the year several collections of food and toiletries were organized in support of the Bromley Borough Foodbank. Since January 2021 the church hall has been used during term time by an independent Preschool. Over

the school summer holidays Stay and Play sessions were organized for this local families. These were well attended and much appreciated.

Mission and Outreach: Members of the Church contribute to the mission work of the Methodist Church, both overseas and at home, through regular giving and by special fund-raising events. The Church has continued to support overseas mission work and a range of charities working at local, national and global level (including St Christopher’s Hospice, Action for Children, Bible Society and Christian Aid) as well as providing significant financial support for Bromley Town Centre Chaplaincy. Local schools visited the Experience Easter initiative held at the church.

Ecumenical: The Church is actively involved in the Churches Together in Central Bromley group. During August we shared services with the local Churches in Bromley and we participated in joint activities for the Week of Prayer for Christian Unity.

Social Events : During the year the Church held a number of social events, including some as charity fundraisers and some just for fun and fellowship.

Property: Our policy continues to be maintaining the fabric of the premises in good condition. Work was done this year to replace the glazed roof in the church concourse and to make the surrounding roof sound and watertight.

Finance: Details of the church’s financial affairs appear in the attached accounts. Normal church activities, which have recovered significantly following the pandemic, resulted in a profit of £26,923. Whilst there were no major works carried out in the year there were a number of smaller property repairs and maintenance costs incurred. Revaluation of our investments resulted in a loss of £8,544 and our Reserves stand at £186,226 compared with £194,770 at the end of the previous year. The Church Council is satisfied that the church's Reserves are adequate to meet the church's obligations and to allow for the future development of its work. To date, investments totalling £60,000 have been converted to cash to compensate for loss of income and to enable urgent repairs to be done.

Statement of Trustees’ Responsibilities: Charity legislation requires the Trustees to prepare Financial Statements which give a true and fair view of the state of affairs of the Charity as at the end of the financial year and of surplus and deficit for the period. In preparing for the Financial Statement, suitable accounting policies are to be adopted and consistently applied to the best of the Trustees’ knowledge and belief, making reasonable and prudent judgements and estimates as necessary. The statement of Recommended Practice for Accounting by Charities is to be followed, together with applicable Statements of Standard Accounting Practice. The Trustees are responsible for maintaining accounting records, for safeguarding the assets of the Charity and for preventing and detecting Fraud and other irregularities. The Trustees are also required to indicate where the Financial Statements are prepared other than on the basis that the Charity is a going concern.

Bromley Methodist Church Signed on behalf of the Trustees College Road Bromley Wendy Whybrew BR1 3NS Secretary of Church Council

BROMLEY CHURCH RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Bromley Church FOR THE YEAR ENDED 31 August 2023 Bromley Circuit Circuit no. 3542 Registered Charity - Charity Registration number 1127526 .not a registered charity Her Majesty's Revenue and Customs Gift Aid number (The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Melhodi5t Gharities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242) Minister. Revd. Karen Geor Church Stewards: Sue Osborn Helen Curtis Ann Vvoollins Abraham Blay Rachel Wirantha John Oakenfull Treasurer: Grace Devarajulu SFA Account August 2023 1 of5

COUNTS FOR THE YEAR ENDED 31 AUGUST 2023 Bromley Church Unrestrlcted Rt8trtct8d Fund8 Funds Totals thls year Totals last year SECTION A RECEIPTS Not Offerin s and Tax recovered Bank and CFB interest and Investment income 59,103 59,103 54,175 5,618 SO,694 47,342 162,757 5,618 50,694 47,755 163,170 Lettin 36,542 48,845 143,806 other receipts TOTAL RECEIPTS 413 413 la71 SECTION B PAYMENTS Circuit Assessment or Share 50,624 2,847 39,006 50,624 61,250 Donations 21 2,868 39,006 Re airs and Maintenance Utilities {InSuranS, water charges, healing & lighlin 60,388 16,681 13,331 Other payments TOTAL PAYMENTS 27,069 136,227 27,069 136,248 63,167 198.136 21 {b9 SECTION C NET RECEIPTSIPAYMENTS FOR THE YEAR a6-b8 26,530 392 26,922 54,330 Total funds broughl forward from last year 52,580 1,874 54454 c61 108,784 Sub total c1+c2 79,110 81,376 $4,454 TtansfeTs and ad ustmenls c7 TOTAL FUNDS AT END OF YEAR {c3+c4) 79,110 2,266 81,376 (c8} 54.454 c61 SECTION D FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS Ithese amounts arg not to be included in total receiptslpaymènts figures above) Balance brou hl forward from last e8r orferin sIGifts . Teceived for external or anisalions 1,619 OfferingslGifts passed lo external organisations 1,619 BALANCE STILL TO BE PAID Id1+d2-d31 2of5 SFA A¢¢oulltAukUSt 2023

Bromle Churnh CCOUNTS AND INTERNAL ORGANISATIONS REPORllNG TO THE CHURCH COU SECTION E Guldance Notes to co eteth16 SLltntnaryof Ihe Church a¢coynforlh¥ yfjirfndBd ?1 August 2023and Intern31 OrgaDlsalions tspoffjng to th8 Chuwch Courtlvchuich Meeting. NoiÈthaiihèfunds of an In£mJl Ofganisaiion would norffl3Jly Rcstriciodfur.aB unloss ilcould bB deady shovin IhatthÈycould bo iisedforÈnylAethodist wJrpo$e. Trls sethon rnusl LE mplèted lo arriveslthè gross income and expeIre lotalsof the Church. If gross income¥xcestheAcUaIS thresho, Ihen eACe[als method of untIng ANDA DIFFERENT FORM rnusl be lo report ihe accounts (Bee Methodlstvthllel. Pleagè [erIOthe 9daTh notes regBrdlng Irsnsfers bettvèen the Dlslrlcl connected Disw Drgank48llon$. INTERNAL ORGANISAnONS Net Recelpt81 menis Openl balaneeÈ PS ents Ad'usbments Cloaln bal8n2e$ e2 Subtotalol Intemal Organ15alknnsfunds ell et2 Church accounts (tota15 uoht tOard From paye total8 colum) 183,170 36,248 26.922 S4,454 81,376 elo tsYCHUR¢H 163.170 136,248 26.922 54,454 81,376 ContinueoTr a sepaTala sheet irrk5aryad bring the totsl$foward TOTAL RECEIPTS TOTAL PAYMENTS SECTION F STATEMENT SET OPENING BALANCES CLOSING BALANCES CHURCH- CASH FUNDS HELD at JI Au u$t2023 C8sh in h8nd ank CwrgnlAccounl 32.287 Bank D OlAcCoUnt Central FinanGe joard Trustees forM£thlt Church PutposÈ$ 1,159 1,295 oarfundS IMCAI 2,5(K) 2,500 SUB TOTAL- Churrh atttsunt 64.464 81,376 c8 Tokl fUS held ty Internal urganisalions1th8c1051ng balant01 Fmm above) le121 TOTAL CASH FUNDS HELD BY CHURCH 54,454 81.376 SECTION G At I Seplember2022 31 August2023 OTHERASSETS and LIABILITIES Inve6tments iude EndumentS 193611 Land & Bulldln ge$ ntstÈ* rÈ kngurante value 5 714 353 6 291575 OtherAsBe18 L¢an - $htyw amountDirtst4n&kn al r¢nd Olhar DabliUe8 f4 IrKlude FrS hgldatlhecenlral Finance Board r5 Irde Fund8 heldatTru8t8E8forMelhodlsl CMrGh Puipose 91 Indvde8nyothgrlnve5bnents Inolthe¢a¥h elem¥l of TmCPtrus8CC0uEts this Is In(aLed In Ilne f5 3of5

Name of Church.. Bromley Methodist Church No: 3542 Declarations and Scrutiny l ¢onfirm that these Receipt and Payment based accounts for the year lo 31 August 2023 have been prepared from the records of the Church and that they include all funds under the ntrol of the Church trustees. Slgnature of treasurer Dats.. Name and address of treasurer Post Code.S R 6.9.6. Presentation to the Church tNstees I confirm that the annual report and accounts for the ye to the meeting of the Church trustees held on .1.1.11. r ended 31 August 2023 wereA¥ll. presented Signature of the Chair ol the meeting Name of the Chair of the m8etlng Date. .1.1. Independent Examiner's Report to the Trustees of the Bromley Methodist Church Charity Number 1127526 Responsibilities and basls of report I report to the trustees on my examination of the accounts of the . Church for the year ended 31 August 2023 set oul on pages . As the Church's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act,). I report in respect of my examination of the Church's accounts carried out under section 145 of the Act and, in carrying out my examination, I have followed all the applicable Directions given by Ihe Charity Commission under section 145(5llb) of the Act. delete or ¢ircle as appropriate SFAAtyxuntAuou 2023 4of5

Name of Church. Bromley Methodist Church No." 3542 Independent Examiner's Statsment I have completed my examination. I confirm Ihat no material matters have come to my attention in connection with the examination (other than that disclosed below.) which give me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Act- or the accounts do not accord with the accounting records. I have no concerns and have come across no other matters in connection with the ,'amination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. I have114a¥&pet' obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner Name of independent examiner Relevant professional qualification of independent examiner Name of firm (where appropriate) Address Post Code CV2 7 o Date delete or circle as appropriate Form Rothgw SFA Account August 2023 5of5