2024-08-31-accounts - Bromley Methodist Church

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BROMLEY METHODIST CHURCH ANNUAL REPORT FOR THE YEAR ENDING AUGUST 2024

The Church Council submits its Annual Report and Accounts for the year ending 31 August 2024.

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 2024 was 113.

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 72 adults and 8 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 Bromley Young Carers, Action for Children, Bible Society and Christian Aid) as well as providing significant financial support for Bromley Town Centre Chaplaincy. The church hosted a fund raising event for a village health centre in Ghana in June. 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 which included fitting draught felts to all the external doors, major drains repairs and the curtain on the staged was changed.

Finance: Details of the church’s financial affairs appear in the attached accounts. Normal church activities resulted in a profit of £27,790 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 gain of £13,904 and our Reserves stand at £198,834 compared with £184,930 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.

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

CHURCH RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Bromley Methodist Church FOR THE YEAR ENDED 31 August 2024 Bromley Circuit Clrcuit no. 3542 Registered Charity- Charity Registration number 1127526 If not a registered charily His Majesty's Revenue and Customs Gift Aid number he HMRC number is equivalent to a registered charity number in tèmis of evidence of charitab18 status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registralion under Statutory InslrLtment 2014 No.242) Minister.. Revd. Karen Geor Church Stewards.. Ann Woollins Sue Osborn Rachel Vvirantha John Oakenfull Abraham Blay Abimbola Adeniya Rene Meissner Treasurer- Grace Dev8ra ulu SFAAccount 31 August 2024 FINAL lof5

COUNTS FOR THE YEAR ENDED 31 AUGUST 2024 Bromley Methodist Church Unrestrictsd Restrlcled Funds Funds Totals thig year Totals last year SECTION A RECEIPTS Note Offerin s and Tax recovered Bank and CFB interest and Investment income 58 676 58,676 59.103 7,765 48,884 54,132 169,457 7,765 48,884 54,132 169,457 5,618 50,694 47,755 163.170 Lellin Other receipts TOTAL REGEIPTS (a71 SECTION B PAYMENTS Circuit As8essmenl or Share 47,788 47.788 50,624 Donations 3,000 3.000 Re airs and Maintenance Ulililies Ilnsurances, water charges, heating & lighting) 43,338 43,338 39,006 16,389 16,681 Other payments TOTAL PAYMENTS 31,152 141.667 31.152 141.667 27,069 136,248 Ib91 SECTION C NET RECEIPTSIPAYMENTS FOR THE YEAR a6 27,790 26.922 Total funds brought fOnard from last year 79,110 2,266 c6 54 454 Sub total cq+c2 106,900 2,266 109,166 81.376 Transfers and ad'uslments c7 TOTAL FUNDS AT END OF YEAR {c3+c4} 106,900 2,266 109,166 Ic81 81,376 (c61 SECTION D FOR INFORMATION ONLY.. MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS (the88 amounts are not to be included in total rgcelptslpaymgnts figures alJove} Balance brou ht fotward from last ear Offerin sIGifts- re1Ve for extern81 or anisations 3,648 OfferingslGifts - passed to external organisations 3,648 BALANCE STILL TO BE PAID {d1 +d2-d31 2of5 sFAAcCow 31 Augu2024 F]NAL

Bromle Melhodisl Church SUMMARYOF CHURCHACCOUNTSAND IN ORGANISAMONS CIL SECTION E Please è Guid8nc8 otes tD C( Sutnfflary of the Chur¢h a¢tSfOrthP yeyr 31 AuoJ¥l 2024 Iniemal Orgailsations rewrung 10th9 CMr¢h Coun¢Wl¢hureh MèÈllry. Notelhatlhefundsof ar, Int8rTrEI Oalsa¢ WOU normal,'y be Hcslrlcled lunds uTr,oss Ilcould darly$ll?n that they Ul& be forany Melthdislpuwse. Th1$ $ecdon 31 b etsrylelgd lo arrtve atlhe gross Incorns and expertdllure iotais of the Church. Ifgross i¢6 6M¢geds IhfrAwudslhreshold. then eACualS methcQ of AND A DIFFERENT FORM mustbe used to reFth aCcntS (see Methl81webÉIt&l. PIvd$Èref&rtots widancs nolesr8g&rdlng tranGlers between the Di$iri and ¢onnectÈd Dlgtrlct Organf3albn INTERNNL ORGANISATIONS Nel ReiPts1 Pa ments Openlng bal£rS mant5 USlmonl$ Ckn61n baEances 07 b lolalof Internal ani$4fy'(¥)$ fundg E8 e12 hurch Occonts ItotoLq roughtforward from page 2-tota15 Cotumnl 19 169,457 la71 141,667 27,79Q 81,376 109,166 Ic81 ¢10 YCHURCH 169,467 141,667 27.790 81,376 109,166 C¢niinueon a sepatale sheet tf ntte$8ary ano bring the totalsforward TOTAL RECEIPTS TOTAL PAYMENTS SECTION F ATEMENT OF ASS OPENING ALANCES CLO8Irto LANCES CHUR¢H-GASH FUNDS HELD at31 Au ust2024 C89h In hand Bank CurreniA¢count 38,654 55,902 Bank De osilA¢cwnt f4 Central Finawe Board 49.324 Trus(eesforMethodi5tChurth PurposÈ$ 1.295 Olherfunds 2,500 2,500 SUB TOTAL. Church aGcount8 81,376 Ic6 09,166 c8 Total funds held by Int9[n 0[gasaIlOns Ithe GIDsing bcl01 from sknvel le121 TOTAL CASH FUNDS HELD BY CHURCH 81,376 109,166 SECTION ts Al 1 Soptornb¢r2023 31 August2024 OTHER ASSM and LIABILITIES Invpstrnenb End(Prnets 184,930 198.834 Land & buildi s8& notsa ra Inguranc8valL 6 291575 6 448 813 omerA$8ets - Showa010utsnI argnd Other LLibiltii6S 14 Indudewly Funds heldgtthe Central nance Board fs Indudethly Fundg atTrugteeg forMEWi81 c[th Purposes g1 1ndud8anyolherlnvesims Inollhe cash elemwl of TMGPtsusts 8¢wuntsthls1s iwluded In line f5 5FAArS1 All8u1Q24 3ofs

Name of Church . d,I,k 11.,q lJ-q2 Declarations and Scrutiny I confirm that these Receipt and Payment based accounts for the year to 31 August 2024 have been prepared from the records of the ChurGh and that they include all funds under the control of the Church trustees. Signature of treasurer . Date.. Name and address of treasurer . <533 !!)fyAS,.&LPJYNI.qTthJ..,.Kwr...... ........ Postcode....... Presentstion to the Church trustees I confirm that the annual report and accounts for the year ended 31 August 2024 werelwill be. presented to the meeting of the Church trustees held on .J.3. :.1.i., z+ Signature of the Chair of the meeting Name of the Chair of the meeting Date . ..15....11.2+ Independent Examiner's Report to the Trustees of the ..Church 1117C2) Charity Number................ Responsibilities and basis of report I report to the trustees on my examination of the accounts of the . Church for the year ended 31 August 2024 set out on pages L lo .3.. As the Church's trustees, you are responsible for the preparation of the accounts in accordance wth the requirements of the Chartties Act 2011 ('the ACYI. I report in respect of my exarninalion of the ChLJrch'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 the Charity Commission under Section 145(5)Ib) of the Act. delete or circle as approprlate $FAAUntS1 August2024 FINAL 4015

Name of Church . Independent Examiner's Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examinalion (other than that disdosed below") which give me cause to believe that in, any malerial respect.. the accounting records N¥ere 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 examinalion to which attention should be drawn ill this report in order to enable a proper understanding of the accounts to be reached. I have15¥E¥. obtained independent verification of all investments with the Trustees for Methodi81 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 dale. Signature of independent examiner Name of independent examiner Relevant professional qualification of independent examiner ! L4 £ kj Name of firm (where appropriate) Address Post Code a37 OL)S Date delete or circle as appropriate Aug44 SFA Awounl 31 August 2024 FINAL 5of5