Charity number: 1127546
TRINITY METHODIST CHURCH WOKING
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
TRINITY METHODIST CHURCH WOKING
| CONTENTS | ||
|---|---|---|
| Page | ||
| Trustees' report | 1 - 5 | |
| Independent examiner's report | 6 - 8 | |
| Statement of financial activities | 9 | |
| Balance sheet | 10 | |
| Notes to the financial statements | 11 - 24 |
TRINITY METHODIST CHURCH WOKING
TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2022
The Trustees present their annual report together with the financial statements of the Church for the year 1 September 2021 to 31 August 2022.
Objectives and activities
a. Policies and objectives
The over-riding missional statement of the church is that Trinity is a welcoming Church seeking to live in the love of God and share the message of Jesus Christ. The Trustees are therefore committed to serving our own congregation and those in the local community, through relationships with our people and through our building and the activities taking place in it every day.
We believe that the facilities we are able to offer for social or support activities and the range of worship opportunities we provide, are for the benefit of the general public as much as for our own membership.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
The Trustees have adopted the Policies of The Methodist Church in Britain covering:
Safeguarding
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.
Data Protection
The Church holds a variety of personal data relating to members, employees and others. That data is held securely in a password protected database and is managed in line with the requirements of the General Data Protection Regulations (GDPR) that came into force in May 2018.
Equality, Diversity and Inclusivity
Trinity Methodist Church is fully committed to the promotion of equality of opportunity, valuing and embracing diversity and ensuring a holistic and inclusive approach in all fields of its activity. The Church adheres to The Equality Act 2010 which recognises the following specific protected characteristics: gender, gender reassignment, race, disability, age, religion or belief, sexual orientation, marriage & civil partnership and pregnancy & maternity.
Equality, diversity and inclusion is central to the mission of the Methodist Church.
Performance against those Policies is monitored closely by our Administrator and Leadership Team.
b. Strategies for achieving objectives
Every week we offer a range of worship opportunities, open to our own members but also to the general public.
We advertise the various rooms in the building for regular hire or one-off bookings. We have a commercial tariff for commercial clients but a discounted charity rate for the many community groups using the rooms. We ensure that the building is clean and warm and that each group is comfortable in the space they have booked and have any equipment they requested. The range of activities that we support includes: Full range of uniformed youth organisations
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Learning and social activities for children and young people
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Adult recreational and developmental activities
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Respite and fitness activities
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Concert and rehearsal venue for local choirs and musical groups
Our determination is to give all visitors a friendly welcome.
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TRINITY METHODIST CHURCH WOKING
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022
Objectives and activities (continued)
c. Activities undertaken to achieve objectives
Each Sunday morning, worship in English. This service is live-streamed to a wide audience. Each Sunday afternoon, worship in Cantonese. This caters for an increasing number of migrants from China and Hong Kong seeking Christian worship.
Each Friday evening, Messy Fun Church catering for youngsters and their families, many of whom are socially deprived and do not enjoy satisfactory living accommodation.
Every other Sunday evening, Foundry Worship. This is a more contemporary time of worship with time for prayer and private reflection.
We have seen growth in all of these events over the past year and are confident that the growth will continue.
At other times during each week, the building is busy with a wide range of activities including Blood Donor sessions, Coffee and Chat groups, activities for children and young people as well as for the more mature. There are regularly more than 700 people passing through the building every week, who enjoy the dry, warm and safe space. This gives some of our staff and volunteers the opportunity to greet visitors offering ‘Extravagant Christian Hospitality’ with a smile or simply a cup of coffee, rather than it feeling like an anonymous building.
d. Main activities undertaken to further the Church's purposes for the public benefit
We work in partnership with Intergenerational Music Making (IMM) which operates from part of our building. Music making workshops are arranged each week and attended by residents of local care homes and pupils from local primary schools. The mixing of ages to make music, is hugely beneficial for all.
We are the home of a number of local choirs that rehearse regularly in the building and often present concerts that are open to the general public.
Towards the end of the Covid restrictions we adopted from Woking Borough Council the Woking Phone Friends scheme whereby a number of lonely and vulnerable people are paired with a willing volunteer who undertakes to keep in regular telephone contact to ensure that they are safe and well or if they have any emerging special needs. Trinity undertook the recruitment and training of volunteers and manages the ongoing process.
The Short Stay School is a Surrey County Council facility for children of KS3 and KS4 age who have been excluded from mainstream education. These youngsters can have many issues but each week, a number of them come to Trinity and help to set up tables and chairs; prepare and serve coffee to Coffee and Chat and other building users, create artwork, help with basic building maintenance and cleaning and gardening and even produce our regular weekly newsletter. They are helpful to us and the staff have measurable outcomes of improvements in behaviour since the children started volunteering. In addition to the KS3 group that come each week, we provided work experience opportunities for two KS4 pupils; one volunteering each week with our toddler group the other helping with our social media accounts. Due to the transitory nature of the older pupils’ engagement with the short stay school, both placements were short term, but going forward the teaching staff are keen to offer pupils with good learning opportunities with us should they have children who might benefit.
The Surrey County Council Centre for separated families, The Shaw Centre, is undergoing rebuilding work and at times needs to vacate their building. We have been pleased to help out with accommodation and parking as necessary for the social workers and support staff.
The range and quality of our building and facilities has attracted many new lettings ranging from NHS Blood Donor sessions, a number of concerts in the Sanctuary, Interviews, auditions and rehearsals for Italia Conti drama college and the Woking Pantomime! Award ceremonies for Healthwatch Surrey, and half term photography workshop for teenage carers from Action for Carers have also taken place in the Sanctuary, and many other events.
Whilst we acknowledge that there is a commercial aspect to these relationships, they also provide great opportunities to offer Christian Hospitality to many people, old and young.
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TRINITY METHODIST CHURCH WOKING
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022
Achievements and performance
a. Main achievements of the Church
We are pleased that in the face of the nationwide decline in Christianity, we have seen steady growth in all styles of worship that we offer. This is down to a determination to make any visitors feel welcome, valued and safe.
The marketing of the premises for hire has been successful and we have more bookings than ever before. This means that we have a wider and larger range of people to witness to but of course, helpfully, our income from this source has increased.
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Church has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
b. 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 ability to raise its regular income.
c. Financial performance
The Trustees are pleased to report a net surplus in the movement of Unrestricted Funds (£9,406) after further investment in the building and facilities (£17,353). The members have again confirmed their commitment to our enterprise as Offerings increased (£90,380) and thus Gift Aid also increased (£27,673). With total Unrestricted Funds (£194,510) we can confidently plan our activities for the next 2 years.
Structure, governance and management
a. Constitution
Trinity Methodist Church Woking is a registered charity, number 1127546, and is constituted under a Trust deed.
b. Methods of appointment or election of Trustees
The management of the Church is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
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TRINITY METHODIST CHURCH WOKING
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022
Reference and administrative details of the Church, its trustees and advisers
| Trustees | John Nelson |
|---|---|
| Joyce Nelson | |
| Susan Waddell | |
| Allison Jackson | |
| David Broadley | |
| Jean Normington | |
| David Lander | |
| Sue Waddington | |
| Hugh Bowerman | |
| Carole Hymers | |
| David Emmerson | |
| Ruth Taylor | |
| Ian McIntosh | |
| Graham Warr | |
| Samantha Cudby | |
| Keith Beckingham (resigned 1 August 2022) | |
| Helen Belsham (resigned 31 August 2022) | |
| Andrea Meal | |
| Samantha Funnell | |
| Denzil Matsaudza | |
| Paul Glass (appointed 1 September 2022) |
Charity registered number 1127546 Principal office Brewery Road Woking Surrey GU21 4LH
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TRINITY METHODIST CHURCH WOKING
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022
Statement of Trustees' responsibilities
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Church and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP (FRS 102);
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Church will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Church's transactions and disclose with reasonable accuracy at any time the financial position of the Church and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 6 January 2023 and signed on their behalf by:
Rev Sam Funnell Chair
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TRINITY METHODIST CHURCH WOKING
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2022
Independent examiner's report to the Trustees of Trinity Methodist Church Woking ('the Church')
I report to the charity Trustees on my examination of the accounts of the Church for the year ended 31 August 2022.
Responsibilities and basis of report
As the Trustees of the Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Church's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
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TRINITY METHODIST CHURCH WOKING
INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022
Independent examiner's statement
Since the Church's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants of England and Wales (ICAEW), which is one of the listed bodies.
Your attention is drawn to the fact that the Church has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Church as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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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.
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TRINITY METHODIST CHURCH WOKING
INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2022
This report is made solely to the Church's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Church's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Church and the Church's Trustees as a body, for my work or for this report.
Signed:
Dated: 6 January 2023
Jonathan Graham
FCA
Hamlyns Ltd Sundial House High Street Horsell Woking GU21 4SU
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TRINITY METHODIST CHURCH WOKING
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022
| Note Income from: Donations and legacies 3 Other trading activities 4 Investments 6 Other income Total income Expenditure on: Raising funds Charitable activities 7 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2022 £ 1,100 - - - 1,100 - 743 743 357 3,989 357 4,346 |
Unrestricted funds 2022 £ 172,585 70,304 259 5,967 249,115 139 239,570 239,709 9,406 185,104 9,406 194,510 |
Total funds 2022 £ 173,684 70,304 259 5,967 250,215 139 240,313 240,452 9,763 189,093 9,763 198,856 |
Total funds 2021 £ 186,700 63,906 157 1,939 252,702 68 272,252 272,320 (19,618) 208,711 (19,618) 189,093 |
|---|---|---|---|---|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 11 to 24 form part of these financial statements.
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TRINITY METHODIST CHURCH WOKING
BALANCE SHEET AS AT 31 AUGUST 2022
| Note Current assets Debtors 12 Investments 13 Cash at bank and in hand Creditors: amounts falling due within one year 14 Net current assets Total assets less current liabilities Net assets excluding pension asset Total net assets Charity funds Restricted funds 15 Unrestricted funds 15 Total funds |
23,519 40,280 138,529 202,328 (3,472) |
2022 £ 198,856 198,856 198,856 198,856 4,346 194,510 198,856 |
21,275 40,206 131,853 193,334 (4,241) |
2021 £ 189,093 |
|---|---|---|---|---|
| 189,093 | ||||
| 189,093 | ||||
| 189,093 | ||||
| 3,989 185,104 |
||||
| 189,093 |
The financial statements were approved and authorised for issue by the Trustees on 06 January 2023 and signed on their behalf by:
Rev Sam Funnell
The notes on pages 11 to 24 form part of these financial statements.
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TRINITY METHODIST CHURCH WOKING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
1. General information
Trinity Methodist Church is a charity, registered in England and Wales. Its registered charity number and registered address can be found on the charity information page.
The functional currency of the accounts is the pound sterling (£).
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Trinity Methodist Church Woking meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
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TRINITY METHODIST CHURCH WOKING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
2. Accounting policies (continued)
2.2 Income
All income is recognised once the Church has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Church has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Church, can be reliably measured.
Grants are included in the statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
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TRINITY METHODIST CHURCH WOKING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
2. Accounting policies (continued)
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the Church to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Church's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.4 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 origionally agreed terms.
2.5 Tangible fixed assets
Tangible fixed assets are capitalised if they can be used for more than one year and induvidually cost at least £1,000.
Depreciation is charged at 20% on cost.
2.6 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.
2.7 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.
2.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
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TRINITY METHODIST CHURCH WOKING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
2. Accounting policies (continued)
2.9 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 Church 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.
2.10 Pensions
The Church operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Church to the fund in respect of the year.
2.11 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Church 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 Church 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.
Investment income, gains and losses are allocated to the appropriate fund.
3. Income from donations and legacies
| Donations Legacies Grants Gift aid Offerings |
Restricted funds 2022 £ 1,100 - - - - 1,100 |
Unrestricted funds 2022 £ 7,532 2,000 45,000 27,673 90,380 172,585 |
Total funds 2022 £ 8,632 2,000 45,000 27,673 90,380 173,685 |
|---|---|---|---|
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TRINITY METHODIST CHURCH WOKING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
3. Income from donations and legacies (continued)
| Donations Grants Gift aid Offerings |
Restricted funds 2021 £ 6,240 65,000 340 - 71,580 |
Unrestricted funds 2021 £ 1,044 - 25,807 88,269 115,120 |
Total funds 2021 £ 7,284 65,000 26,147 88,269 186,700 |
|---|---|---|---|
4. Income from other trading activities Income from fundraising events
| Fundraising events Rental income Fundraising events Rental income |
Unrestricted funds 2022 £ 13,896 56,408 70,304 Unrestricted funds 2021 £ 29,720 34,186 63,906 |
Total funds 2022 £ 13,896 56,408 70,304 |
|---|---|---|
| Total funds 2021 £ 29,720 34,186 63,906 |
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TRINITY METHODIST CHURCH WOKING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
5. Analysis of rental income
| Rents received Bungalow Internal letting External letting Car parking income Rents received Bungalow Internal lettings External lettings Car parking income |
Unrestricted funds 2022 £ 14,305 1,516 39,338 1,249 56,408 Unrestricted funds 2021 £ 11,677 1,048 20,022 1,439 34,186 |
Total funds 2022 £ 14,305 1,516 39,338 1,249 56,408 |
|---|---|---|
| Total funds 2021 £ 11,677 1,048 20,022 1,439 34,186 |
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TRINITY METHODIST CHURCH WOKING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
6. Investment income
| Bank interest Investment income Bank interest |
Unrestricted funds 2022 £ 70 189 259 Unrestricted funds 2021 £ 157 |
Total funds 2022 £ 70 189 259 |
|---|---|---|
| Total funds 2021 £ 157 |
7. Analysis of expenditure on charitable activities
Summary by fund type
| Church activities Church activities |
Restricted funds 2022 £ 743 Restricted funds 2021 £ 74,387 |
Unrestricted funds 2022 £ 239,570 Unrestricted funds 2021 £ 197,865 |
Total funds 2022 £ 240,313 |
|---|---|---|---|
| Total funds 2021 £ 272,252 |
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TRINITY METHODIST CHURCH WOKING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
8. Analysis of expenditure by activities
| Church activities Church activities Analysis of direct costs Staff costs Insurance, utilities etc Circuit assessment or share Property maintenance Church administration Other direct costs Bank charges |
Activities undertaken directly 2022 £ 216,717 Activities undertaken directly 2021 £ 197,671 |
Support costs 2022 £ 23,595 Support costs 2021 £ 74,581 Church activities 2022 £ 98,867 12,127 71,200 4,925 16,069 13,436 93 216,717 |
Total funds 2022 £ 240,312 |
|---|---|---|---|
| Total funds 2021 £ 272,252 |
|||
| Total funds 2022 £ 98,867 12,127 71,200 4,925 16,069 13,436 93 216,717 |
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TRINITY METHODIST CHURCH WOKING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
8. Analysis of expenditure by activities (continued)
Analysis of direct costs (continued)
| Staff costs Insurance, utilities etc Circuit assessment or share Property maintenance Church administration Other direct costs |
Church activities 2021 £ 95,703 15,670 61,200 8,408 9,786 6,904 197,671 |
Total funds 2021 £ 95,703 15,670 61,200 8,408 9,786 6,904 197,671 |
|---|---|---|
Analysis of support costs
| Premises operating costs Property improvements Bank charges Governance costs Premises operating costs Property improvements Bank charges Governance costs |
Church activities 2022 £ 3,929 17,354 93 2,220 23,596 Church activities 2021 £ 3,819 68,078 84 2,600 74,581 |
Total funds 2022 £ 3,929 17,354 93 2,220 23,596 |
|---|---|---|
| Total funds 2021 £ 3,819 68,078 84 2,600 74,581 |
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TRINITY METHODIST CHURCH WOKING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
9. Independent examiner's remuneration
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Fees payable to the Church's independent examiner for the independent | ||
| examination of the Church's annual accounts | 1,400 | 1,300 |
10. Staff costs
The average number of persons employed by the Church during the year was as follows:
| Pastoral workers Missioner Admin |
2022 No. 3 1 1 5 |
2021 No. 3 1 1 |
|---|---|---|
| 5 |
No employee received remuneration amounting to more than £60,000 in either year.
11. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2021 - £NIL) .
During the year ended 31 August 2022, no Trustee expenses have been incurred (2021 - £NIL) .
12. Debtors
| Due within one year Other debtors Prepayments and accrued income |
2022 £ 5,719 17,800 23,519 |
2021 £ 3,475 17,800 |
|---|---|---|
| 21,275 |
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TRINITY METHODIST CHURCH WOKING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
| 13. Current asset investments Investment with TMCP 14. Creditors: Amounts falling due within one year Other creditors |
2022 £ 40,280 2022 £ 3,472 |
2021 £ 40,206 |
|---|---|---|
| 2021 £ 4,241 |
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TRINITY METHODIST CHURCH WOKING
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022
15. Statement of funds
Statement of funds - current year
| Unrestricted funds Designated funds General funds Total Unrestricted funds Restricted funds Benevolence & Youth fund Total of funds |
Balance at 1 September 2021 £ 84,831 100,273 185,104 3,989 189,093 |
Income £ 640 248,475 249,115 1,100 250,215 |
Expenditure £ (16,391) (223,318) (239,709) (743) (240,452) |
Balance at 31 August 2022 £ 69,080 125,430 194,510 4,346 198,856 |
|---|---|---|---|---|
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