**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
- Learning and social activities for children and young people
- Adult recreational and developmental activities
- Respite and fitness activities
- Concert and rehearsal venue for local choirs and musical groups
Our determination is to give all visitors a friendly welcome.
Page 1
## **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.
Page 2
**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.
Page 3
**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
Page 4
## **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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- 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
Page 5
## **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.
Page 6
## **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:
1. accounting records were not kept in respect of the Church as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those 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.
Page 7
## **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
Page 8
## **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.
Page 9
## **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.
Page 10
## **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.
Page 11
**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.
Page 12
**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.
Page 13
## **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|
|---|---|---|---|
Page 14
## **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_|
Page 15
## **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_|
Page 16
## **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_|
Page 17
## **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|
Page 18
## **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_|
Page 19
## **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_|
Page 20
## **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_|
Page 21
## **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|
|---|---|---|---|---|
Page 22