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2021-08-31-accounts

REGISTERED CHARITY NUMBER: 1127546

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021

FOR

TRINITY METHODIST CHURCH WOKING

Hamlyns Ltd Chartered Accountants Sundial House High Street Horsell Woking Surrey GU21 4SU

TRINITY METHODIST CHURCH WOKING

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 August 2021

Page
Report of the trustees 1 to 3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 to 14
Detailed statement of financial activities 15 to 16

TRINITY METHODIST CHURCH WOKING

REPORT OF THE TRUSTEES for the year ended 31 August 2021

The trustees present their report with the financial statements of the charity for the year ended 31 August 2021. 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) issued in October 2019.

OBJECTIVES AND ACTIVITIES

Volunteers

The charity benefits from the contribution of approximately 25 volunteers, who are involved in running the daily activities of the church.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The church is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

Appointment of Trustees and Officers

The Church is a Registered Charity and is administered by the Church Council, which appoints all key officers and grants discretion for them to undertake their work and receives their regular report. Through these key officers, it is responsible for the fulfilment of the objectives of the Church and maintenance of the buildings and equipment. Membership of the Church Council is reviewed regularly and all members have been appointed in accordance with the Standing Orders of The Methodist Church.

Objectives and activities of the Trust

The responsibilities of the Trust include:

To provide proper facilities to support regular Christian Worship

To enable a wide range of community activities to take place within the building including:

Public Benefit

We believe that the facilities we offer for social or support activities and the range of worship opportunities that we make available, are for the benefit of the general public as well as our own members. When planning our activities for the financial year, the Trustees have considered the Commission’s guidance on public benefit, and in particular the specific guidance on charities for the advancement of religion

Achievement and performance

Throughout the Covid related restrictions, we have provided regular times of worship every week, sometimes face to face, whilst socially distanced, in the building but also through ZOOM and Live Streaming through YouTube. Attendance has been most encouraging.

As Covid related restrictions have allowed, most of the activities that regularly use Trinity, have been able to restart and we have been able to accommodate them, albeit in a more restricted manner. This increasing activity will help us financially as well as fulfilling our objectives.

We have continued to work hard to sustain our own membership and community through regular pastoral work, largely by telephone or letter but more recently, by face-to-face meetings.

We have successfully developed relationships with other churches, support services and Woking BC through ZOOM meetings and new opportunities to give Christian support within the Woking Community have emerged. Building on these relationships we have been able to further support the local community through such activities as a Neighbourhood Party, weekly Coffee and Chat and other informal gatherings. On behalf on Woking Borough

Page 2

TRINITY METHODIST CHURCH WOKING

REPORT OF THE TRUSTEES for the year ended 31 August 2021

Council, we manage Phone Friends for the lonely and also undertook a major survey assessing loneliness issues in the town.

We have achieved significant improvements to our building during the year:

In the Sanctuary we installed new lighting, sound system and carpeting so that it is far better equipped to host important events such as a Gala Concert to raise funds for Intergenerational Music Making (IMM) and a Quiz Night to raise funds for Tearfund.

We have also converted a little used part of the premises into an office suite, currently hired by IMM as their local central office.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Safeguarding

The Trust firmly supports the Safeguarding Principles laid down by The Methodist Church. Every person has a value and dignity which comes directly from the creation of humans in God's own imagined likeness. Christians see this potential as fulfilled by God's recreation of us in Christ. Among other things, this implies a duty to value all people as bearing the image of God and therefore to protect them from harm. In this regard Trinity Methodist Church commits itself to:

Full implementation of Connexions Safeguarding Policy and Government Legislation that gives guidance for safe practice when undertaking activities within the building.

The provision of support, advice and training for lay and ordained people to ensure that they are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable.

Ensure that all organisations using the building have adopted the same safeguarding standards and implement them during activities.

Reserves Policy

The Reserves Policy for the Church is to hold a minimum sum calculated to meet any unforeseen item of essential expenditure on the church building and to continue funding planned activities in the event of any unforeseen inability to raise its regular income. The Covid related Lockdown reduced our income severely and we had to use most of the Reserves we held at the time. During the year to 31st August, our regular income from tenants has picked up again and we held a successful Fund-Raising campaign and so have a larger Cash Reserve that last year.

Financial Performance

Whilst the detail of our financial performance follow, we are pleased to report a net surplus (£22,974) in our General Fund compared to the deficit in 2020 (-£14,312). The deficit in the Designated Fund reflects the planned development of parts of the building.

Income

This largely derives from regular giving by members of the Church and other regular worshippers. The other main stream of income is from charges levied on external organisations using the building for their activities, many of whom have returned to us during the year as we have moved out of lockdown.

Expenditure

The single largest expense is the contribution towards the cost of operating the Wey Valley Methodist Circuit and all payments have been made throughout the year.

There is a significant salary cost for our 4 part time employees and 1 full time employee who support the church's activities. It is largely because they continued their work during the Covid Lockdowns that we have been able to achieve so many new initiatives supporting both the Church members but also the local community.

Essential maintenance and development of the large suite of premises is the other main expense.

Risk Management

The major risks have been identified and recorded by the Trustees with professional advice taken as required. There is a regular review process undertaken and recorded and strategies are in place to minimise the identified risks.

Page 2

TRINITY METHODIST CHURCH WOKING

REPORT OF THE TRUSTEES for the year ended 31 August 2021

COVID-19

When Social Distancing was first introduced we did a lot of work to make the building 'Covid Secure' and so most regular tenants have been able to restart their activities and stay within the appropriate restrictions. We remain alert to the changing situation and will respond as required from time to time.

The Covid situation has opened new opportunities for us to bring Christian support to the community and as we retained all paid staff, with the help of new volunteers we are starting to achieve our objectives.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1127546

Page 2

TRINITY METHODIST CHURCH WOKING

REPORT OF THE TRUSTEES for the year ended 31 August 2021

Trustees

J Nelson S Waddell D Lee (resigned 18.4.21) Mrs J Nelson H G Bowerman D Emmerson S Cudby I McIntosh K Beckingham C Hymers G Warr R Taylor D Broadley A Jackson S Waddington D Lander J Normington Rev S Funnell (appointed 1.9.20) Ms A M Meal D Matsaudza (appointed 18.4.21) Ms H Belsham

Independent Examiner

Hamlyns Ltd Chartered Accountants Sundial House High Street Horsell Woking Surrey GU21 4SU

Wey Valley Circuit Circuit number 3606

Approved by order of the board of trustees on 7[th] February 2022 and signed on its behalf by:

.............................................................................. Rev S Funnell - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRINITY METHODIST CHURCH WOKING

Independent examiner's report to the trustees of Trinity Methodist Church Woking

I report to the charity trustees on my examination of the accounts of Trinity Methodist Church Woking (the Trust) for the year ended 31 August 2021.

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 2011 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

The Trust’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of FCCA.

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 Charities Act; or

  2. the accounts do not accord with the accounting 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.

David Cooper FCCA Hamlyns Ltd Chartered Accountants Sundial House High Street Horsell Woking Surrey GU21 4SU

Date: 7[th] February 2022

Page 4

TRINITY METHODIST CHURCH WOKING

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2021

General
Designated
fund
fund
(unrestricted)
(unrestricted)
Notes
£
£
INCOME AND ENDOWMENTS
FROM
Donations and legacies
2
115,119
-
Other trading activities
3
63,907
-
Investment income
4
157
-
Other income
1,939
-
Total
181,122
-
EXPENDITURE ON
Charitable activities
5
Church Activities
158,080
39,785
Depreciation
68
-
Total
158,148
39,785
NET INCOME/(EXPENDITURE)
22,974
(39,785)
Transfers between funds
16
40,206
(40,206)
Net movement in funds
63,180
(79,991)
RECONCILIATION OF FUNDS
Total funds brought forward
37,093
164,822
TOTAL FUNDS CARRIED FORWARD
100,273
84,831		 Restricted
funds
£
71,580
-
-
-
71,580
74,387
-
74,387
(2,807)
-
(2,807)
6,796
3,989		 2021
Total
funds
£
186,699
63,907
157
1,939
252,702
272,252
68
272,320
(19,618)
-
(19,618)
208,711
189,093		 2020
Total
funds
£
218,256
37,740
244
2,243
258,483
264,331
8,464
272,795
(14,312)
-
(14,312)
223,023
208,711

The notes form part of these financial statements

Page 5

TRINITY METHODIST CHURCH WOKING

BALANCE SHEET 31 August 2021

General
Designated
fund
fund
(unrestricted)
(unrestricted)
Notes
£
£
FIXED ASSETS
Tangible assets
12
-
-
CURRENT ASSETS
Debtors
13
21,275
-
Investments
14
40,206
-
Cash at bank
43,033
84,831
104,514
84,831
CREDITORS
Amounts falling due within one year 15
(4,241)
-
NET CURRENT ASSETS
100,273
84,831
TOTAL ASSETS LESS CURRENT
LIABILITIES
100,273
84,831
NET ASSETS
100,273
84,831
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
-
-
3,989
3,989
-
3,989
3,989
3,989		 2021
Total
funds
£
-
21,275
40,206
131,853
193,334
(4,241)
189,093
189,093
189,093
185,104
3,989
189,093		 2020
Total
funds
£
68
61,219
40,151
137,652
239,022
(30,379)
208,643
208,711
208,711
201,915
6,796
208,711

The financial statements were approved by the Board of Trustees and authorised for issue on 7[th] February 2022 and were signed on its behalf by:

............................................. Rev S Funnell - Trustee

The notes form part of these financial statements

Page 6

TRINITY METHODIST CHURCH WOKING

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 August 2021

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.

Income

All income is recognised in the Statement of Financial Activities once the Church has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Church 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.

Grants

Grants made by the charity from its own funds are recognised in full at the time of agreement or when the charity accepts there is a legal or operational obligation to make the payment. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance Sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms.

Tangible fixed assets

Tangible fixed assets are capitalised if they can be used for more than one year and individually cost at least £1,000.

Depreciation is charged at 20% on cost.

Taxation

The charity is exempt from tax on its charitable activities. Since the charity is not VAT registered all input VAT is charged with the expenses to which it refers.

Fund accounting

The funds held constitute: General Funds held for any purpose of the Church which are Unrestricted.

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the Church charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. There are no endowment funds.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Other

Debtors and Prepayments

Debtors represent the present value of the future receipts.

Prepayments include payments made in advance of circuit assessment for the coming quarter.

Creditors

Creditors are initially recognised at settlement amount after any trade discounts, where normal credit terms apply, or amount advanced to the Church. Subsequently creditors that are current liabilities are measured at the cash or other consideration expected to be paid.

Bank and Cash

The liquid funds of bank balances and deposit account balances are shown at the net realisable values.

continued...

Page 7

TRINITY METHODIST CHURCH WOKING

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

2. DONATIONS AND LEGACIES

Offerings
Donations
Gift aid
Legacies
Grants
OFFERINGS
Envelope scheme
Cash collections
Planned and regular giving		 Unrestricted
Fund
£
11,933
14,419
61,917
88,269		 Restricted
Fund
£
-
-
-
-		 2021
£
88,269
7,283
26,147
-
65,000
186,699
2021
Total
£
11,933
14,419
61,917
88,269		 2020
£
89,406
14,865
23,985
40,000
50,000
218,256
2020
Total
£
11,889
13,403
64,114
89,406

3. OTHER TRADING ACTIVITIES

Fundraising events
Rental income
RENTS RECEIVED
Bungalow
Internal lettings
External lettings
Car parking income
INVESTMENT INCOME
Bank interest		 Unrestricted
Fund
£
11,677
1,048
20,022
1,439
34,186		 Restricted
Fund
£
-
-
-
-
-		 2021
£
29,721
34,186
63,907
2021
Total
£
11,677
1,048
20,022
1,439
34,186
2021
£
157		 2020
£
2,479
35,261
37,740
2020
Total
£
5,972
1,315
25,189
2,785
35,261
2020
£
244

4. INVESTMENT INCOME

continued...

Page 8

TRINITY METHODIST CHURCH WOKING

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

5. CHARITABLE ACTIVITIES COSTS

Church Activities
6.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Insurance, utilities etc
Circuit assessment or share
Property maintenance
Church administration
Other direct costs
7.
SUPPORT COSTS
Management
£
Church Activities
71,897
Support costs, included in the above, are as follows:
Premises operating costs
Property improvements
Bank charges
Independent Examiners Fees
Accountancy Fees		 Direct
Support
Costs (see
costs (see
note 6)
note 7)
£
£
197,671
74,581
2021
£
95,703
15,670
61,200
8,408
9,786
6,904
197,671
Governance
Finance
costs
£
£
84
2,600
2021
Church
Activities
£
3,819
68,078
84
1,300
1,300
74,581		 Totals
£
272,252
2020
£
91,474
15,853
71,200
14,426
7,508
15,444
215,905
Totals
£
74,581
2020
Total
activities
£
9,790
35,027
60
1,200
1,200
47,277

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020.

continued...

Page 9

TRINITY METHODIST CHURCH WOKING

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

9. STAFF COSTS

The average monthly number of employees during the year was as follows:

Pastoral workers
Missioner
Admin		 2021
3
1
1
5		 2020
3
1
1
5

No employees received emoluments in excess of £60,000.

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

General
Designated
fund
fund
(unrestricted)
(unrestricted)
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
165,737
51,743
Other trading activities
37,740
-
Investment income
93
151
Other income
1,548
695
Total
205,118
52,589
EXPENDITURE ON
Charitable activities
Church Activities
224,307
39,249
Depreciation
8,464
-
Total
232,771
39,249
NET INCOME/(EXPENDITURE)
(27,653)
13,340
Transfers between funds
24,159
(24,159)
Net movement in funds
(3,494)
(10,819)
RECONCILIATION OF FUNDS
Total funds brought forward
40,587
175,641
TOTAL FUNDS CARRIED FORWARD
37,093
164,822		 Restricted
funds
£
776
-
-
-
776
775
-
775
1
-
1
6,795
6,796		 Total
funds
£
218,256
37,740
244
2,243
258,483
264,331
8,464
272,795
(14,312)
-
(14,312)
223,023
208,711

continued...

Page 10

TRINITY METHODIST CHURCH WOKING

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

11. INDEPENDENT EXAMINER'S FEES

2021
£
Independent examiner's fees for reporting on the accounts
1,300
Other fees paid to the Independent examiner (accountancy services)
1,300
2,600
12.
TANGIBLE FIXED ASSETS
COST
At 1 September 2020 and 31 August 2021
DEPRECIATION
At 1 September 2020
Charge for year
At 31 August 2021
NET BOOK VALUE
At 31 August 2021
At 31 August 2020
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
£
Other debtors
3,475
Prepayments
17,800
21,275
Other debtors represent payments made in advance of circuit assessment for the coming quarter.
14.
CURRENT ASSET INVESTMENTS
2021
£
Investment with TMCP
40,206		 2020
£
1,250
1,250
2,500
Fixtures
and
fittings
£
63,941
63,873
68
63,941
-
68
2020
£
43,419
17,800
61,219
2020
£
40,151

continued...

Page 11

TRINITY METHODIST CHURCH WOKING

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other creditors
16.
MOVEMENT IN FUNDS
Net
movement
At 1.9.20
in funds
£
£
Unrestricted funds
General fund (unrestricted)
37,093
22,974
Designated fund (unrestricted)
164,822
(39,785)
201,915
(16,811)
Restricted funds
Benevolence & Youth fund
6,796
(2,807)
TOTAL FUNDS
208,711
(19,618)
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund (unrestricted)
181,122
Designated fund (unrestricted)
-
181,122
Restricted funds
Benevolence & Youth fund
20
Nathex and Sanctuary Repairs
26,560
The Foundry
45,000
71,580
TOTAL FUNDS
252,702
Comparatives for movement in funds
Net
movement
At 1.9.19
in funds
£
£
Unrestricted funds
General fund (unrestricted)
40,587
(27,653)
Designated fund (unrestricted)
175,641
13,340
216,228
(14,313)
Restricted funds
Benevolence & Youth fund
6,795
1
TOTAL FUNDS
223,023
(14,312)		 2021
2020
£
£
4,241
30,379
Transfers
between
At
funds
31.8.21
£
£
40,206
100,273
(40,206)
84,831
-
185,104
-
3,989
-
189,093
Resources
Movement
expended
in funds
£
£
(158,148)
22,974
(39,785)
(39,785)
(197,933)
(16,811)
(2,827)
(2,807)
(26,560)
-
(45,000)
-
(74,387)
(2,807)
(272,320)
(19,618)
Transfers
between
At
funds
31.8.20
£
£
24,159
37,093
(24,159)
164,822
-
201,915
-
6,796
-
208,711

continued...

Page 12

TRINITY METHODIST CHURCH WOKING

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund (unrestricted)
Designated fund (unrestricted)
Restricted funds
Benevolence & Youth fund
TOTAL FUNDS		 Incoming
resources
£
205,118
52,589
257,707
776
258,483		 Resources
Movement
expended
in funds
£
£
(232,771)
(27,653)
(39,249)
13,340
(272,020)
(14,313)
(775)
1
(272,795)
(14,312)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund (unrestricted)
Designated fund (unrestricted)
Restricted funds
Benevolence & Youth fund
TOTAL FUNDS		 Net
movement
At 1.9.19
in funds
£
£
40,587
(4,679)
175,641
(26,445)
216,228
(31,124)
6,795
(2,806)
223,023
(33,930)		 Transfers
between
funds
£
64,365
(64,365)
-
-
-		 At
31.8.21
£
100,273
84,831
185,104
3,989
189,093

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund (unrestricted)
Designated fund (unrestricted)
Restricted funds
Benevolence & Youth fund
Nathex and Sanctuary Repairs
The Foundry
TOTAL FUNDS		 Incoming
resources
£
386,240
52,589
438,829
796
26,560
45,000
72,356
511,185		 Resources
Movement
expended
in funds
£
£
(390,919)
(4,679)
(79,034)
(26,445)
(469,953)
(31,124)
(3,602)
(2,806)
(26,560)
-
(45,000)
-
(75,162)
(2,806)
(545,115)
(33,930)

continued...

Page 13

TRINITY METHODIST CHURCH WOKING

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 August 2021

17. RELATED PARTY DISCLOSURES

The charity has it's church building and other peripherals like a bungalow, provided by a connected organisation, The Trustees for Methodist Church Purposes (TMCP). Under their agreement, the church is able to let out the premises and keep the rental income, provided that the charity pays for the upkeep, repairs and maintenance of the buildings.

The charity comes under an umbrella Methodist organisation called Wey Valley Methodist Circuit. The Circuit has awarded the charity grants amounting to £50,000 (2020: £35,000) the majority of which was funding towards the salaries of The Foundry Project. Every year the charity pays the Circuit a sum for circuit assessment, and this financial year the total was £61,200 (2020: £71,200). The Circuit also administers the charity's wages. The balance due from the Circuit at the end of the financial year was £Nil (2020: £30,000).

Page 14

TRINITY METHODIST CHURCH WOKING

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 August 2021

INCOME AND ENDOWMENTS
Donations and legacies
Offerings
Donations
Gift aid
Legacies
Grants
Other trading activities
Fundraising events
Rental income
Investment income
Bank interest
Other income
Sundry income
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Insurance, utilities etc
Circuit assessment or share
Property maintenance
Church administration
Other direct costs
Grants and donations
Depreciation
Fixtures and fittings
Support costs
Management
Premises operating costs
Property improvements
Finance
Bank charges
Governance costs
IE remuneration
Carried forward		 2021
£
88,269
7,283
26,147
-
65,000
186,699
29,721
34,186
63,907
157
1,939
252,702
83,640
6,732
5,331
15,670
61,200
8,408
9,786
6,904
-
197,671
68
3,819
68,078
71,897
84
1,300
1,300		 2020
£
89,406
14,865
23,985
40,000
50,000
218,256
2,479
35,261
37,740
244
2,243
258,483
91,474
-
-
15,853
71,200
14,426
7,508
15,444
1,149
217,054
8,464
9,790
35,027
44,817
60
1,200
1,200

This page does not form part of the statutory financial statements

Page 15

TRINITY METHODIST CHURCH WOKING

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 August 2021
Governance costs
Brought forward
IE remuneration - other
Total resources expended
Net expenditure		 2021
£
1,300
1,300
2,600
272,320
(19,618)		 2020
£
1,200
1,200
2,400
272,795
(14,312)

This page does not form part of the statutory financial statements

Page 16