## Yiewsley Methodist Church ## **TRUSTEES REPORT AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] AUGUST 2024** ## **Minister** Revd Ken Kingston Tel: 0208 756 0567 Email: ken.kingston@methodist.org.uk ## **Bankers** HSBC The Peak, 333 Vauxhall Bridge Road, Victoria. SW1V 1EJ ## **Treasurer** Sheila Palmer Tel: 01895-254785 Email: sheila682palmer@ btinternet.com ## **Independent Examiner** John Chamberlain Tel: 0208-573-3607 Email: jechamb1934@gmail.com Page 1 ## Yiewsley Methodist Church Financial Statement for the year ended 31[st] August 2024 **Statement of Financial Activities ( SOFA Report)** ||**Unrestricted**
**General**
**Fund**|**Unrestricted**
**Designated**
**Funds**|**Unrestricted**
**Funds**
**Combined**
**Total**|**Restricted**
**Funds**|**Total**
**Funds**
**2023/24**|**Total**
**Funds**
**2022/23**| |---|---|---|---|---|---|---| |**INCOMING**
**RESOURCES**||||||| |Offerings & Tax
recovered(1)|16,665||16,665||16,665|15,933| |Interest|3,158||3,158||3,158|5,386| |Lettings(2)|99,431||99,431||99,431|78,328| |Other Income(3)|138,870||138,870||138,870|45,116| |**TOTAL INCOMING**
**RESOURCES**|258,124||258,124||258,124|144,763| |||||||| |**RESOURCES USED**||||||| |Circuit|40,513||40,513||40,513|41,698| |Donations||||||-| |Repairs &
Maintenance(4)|18,627||18,627||18,627|10,923| |Utilities &
Insurance(5)|14,196||14,196||14,196|11,208| |Other Payments|2,691|82,537|85,228||85,228|295,835| |**TOTAL**
**RESOURCES USED**|76,027|82,537|158,564||158,564|359,664| |||||||| |**SURPLUS/DEFICIT**|182,097|(82,537)|99,560||99,560|214,901| |||||||| |**TOTAL FUND**
**BROUGHT**
**FORWARD**|3,113|32,000|35,113|500|35,613|250,514| |||||||| |**SUB TOTAL**|185,210|(50,537)|134,673|500|135,173|35,613| |||||||| |**TRANSFERS**|(92,563)|92,563||||| |||||||| |**TOTAL FUNDS AT**
**END OF YEAR**|92,647|42,026|134,673|500|135,173|35,613| |||||||| Page 2 ## Yiewsley Methodist Church Financial Statement for the year ended 31[st] August 2024 **CURRENT ASSETS ( Broken down into Individual Funds)** ||**2023/24**|**2022/23**| |---|---|---| |The General Fund|92,647|3,113| |**UNRESTRICTED FUND TOTALS**|92,647|| |||| |**DESIGNATED UNRESTRICTED FUNDS**||| |The Organ Reserve Fund|11,526|Nil| |The PropertyReserve Fund|5,000|Nil| |The Mission & Outreach Fund|500|Nil| |The Roof Reserve Fund|25,000|32,000| |**DESIGNATED UNRESTRICTED FUND TOTALS**|**134,673**|**35,113**| |||| |**RESTRICTED FUNDS**||| |The Benevolence Fund|500|500| |**RESTRICTED FUNDS TOTAL**|**500**|**500**| |||| |**COMBINED TOTAL – CHURCH UNRETSRICTED &**
**RESTRICTED FUNDS TOTAL**|**135,173**|**35,613**| |||| |**OTHE CHURCH GROUPS -DESIGNATED FUNDS**||| |Ladies Circle - closed||Nil| |Luncheon Club|2,895|3,810| |Parent & Toddlers Club|688|688| |Space 2 Be|20|20| |**COMBINED TOTAL – DESIGNATED CHURCH GROUPS**|**3,603**|**4,518**| |||| |**ALL FUNDS TOTAL**|**138,776 **|**40,131 **| ## **THE BALANCE SHEET as at 31[st] August 2024** (Excluding Church Group’s assets) ||2023/24|2022/23| |---|---|---| |**Tangible Fixed Assets**||| |Insurance Valuation – Land & Building (church)|3,790,000|2,671,673| |**Current Assets**||| |CFB Deposit Accounts|106,814|16,170| |Cash at Bank and in Hand|28,359|19,443| |**Combined Current Assets Total**|**135,173**|**35,613**| |OutstandingLoans to be repaid|Nil|28,000| Page 3 ## Yiewsley Methodist Church Financial Statement for the year ended 31[st] August **2023** ## **FINANCIAL STATEMENT SUMMARY** Considering the special factor applicable this Financial Year it is remarkable that we have ended up in such a relatively good financial position in August 2023.. We have so far spent £293,863 on the roof and still have managed to end the financial year with funds in hand totalling £35,613. This situation is due in small part to the generosity of people providing both donations and interest free loans received which together totalled £40,480. The Roof Replacement work continues to create major financial issues and it should be noted we are still not fully through the process. For clarity I confirm the various income and expenditure items which were still outstanding at the end of Financial Year 2022/23: **EXPENDITURE** : 1. Interest free Loans to be repaid £28,000. 2. Bill for D&C Construction to be paid £31,537. 3. Final 2.5% to be paid in due course to D& C Construction of around £8,000. ## **INCOME** : 1. Bernard Sunley Grant £10,000. 2. Circuit Grant £68,750. 3. District Grant £20,000. 4. Benefact Trust Grant £9,000. Looking forward the financial prognosis looks much better, although further property issues could create future difficulties. ## John Chamberlain ## **All completed. SMP** Page 4 ## Yiewsley Methodist Church Financial Statement for the year ended 31[st] August 2024 ## **NOTES TO FINANCIAL STATEMENT** ## **INCOMING RESOURCES** ## **Note no.1 - Offerings & Tax Recoverable** ||General Fund|Other Funds|2023/24
Total|2022/23
Total| |---|---|---|---|---| |SundayCollections|13,631||13,631|13,126| |Tax Recoverable|3,034||3,034|2,807| |Communion Collections||||| |**Combined Total**|**16,665**||**16,665**|**15,933**| ## **Note No. 2 - Property Lettings** ||General Fund|Other Funds|2023/24
Total|2022/23
Total| |---|---|---|---|---| |Tesco Ltd|44,300||44,300|44,300| |Others|45,271||45,271|25,868| |JollyRainbow NurseryRent|9,860||9,860|8,160| |**Combined Total**|**99,431 **||**99,431 **|**78,328**| ## **Note 3 - Other Income** ||General Fund|Other Funds|2023/24
Total|2022/23
Total| |---|---|---|---|---| |Grant – Bernard Sunley|10,000||10,000|| |Grant - Circuit|68,750||68,750|| |Grant - District|20,000||20,000|| |Personal loans|-||-|23,000| |S. Harrow Church loan|-||-|5,000| |Cannon Lane Church Loan|20,000||20,000|| |Hayes End Church loan|5,000||5,000|| |Donations|11,937||11,937|12,480| |Circuit Noticeboard Grant|-||-|1.488| |Fund Raising|1,591||1,591|1,453| |Others|1,592||1,592|1,695| |**Combined Total**|**138,870 **||**138,870 **|**45,116**| Page 5 ## Yiewsley Methodist Church Financial Statement for the year ended 31[st] August 2024 ## **NOTES TO FINANCIAL STATEMENT CONTINUED** ## **RESOURCES USED** ## **Note No. 4 - Repairs & Maintenance** |**Note No.4 - Repairs & Maintenance**||||| |---|---|---|---|---| ||General Fund|Other
Funds|2023/24
Total|2022/23
Total| |Cleaning|6,553||6,553|6,725| |Boiler/HeatingMaintenance|508||508|2,916| |Electrical work|3,708||3,708|279| |Plumbingwork|699||699|242| |Lift Maintenance|3,777||3,777|-| |Car Park- Council Annual Charge|240||240|240| |Others|3,142||3,142|521| |**Combined Total**|**18,627**||**18,627**|**10,923**| ## **Note No. 5 - Utilities & Insurance** ||General Fund|Other Funds|2023/24
Total|2022/23
Total| |---|---|---|---|---| |Insurance|5,755||5,755|4,978| |Gas|3,122||3,122|3,069| |Electricity|2,456||2,456|2,042| |Water|1,560||1,560|-| |Telephones|1,303||1,303|1,119| |**Combined Total**|**14,196 **||**14,196 **|**8,750 **| **Note No. 6 – Charities** |**Note No. 6 – Charities**||| |---|---|---| |Donations received|The Charities|Amounts distributed| |357.25|Y & W D Food Bank|356.00| |196.30|The Michael Sobell Hospice|196.30| |50.00|Macmillan Cancer Support|50.00| |40.00|Methodist Church Easter Appeal|56.25| |20.00|Methodist Homes for Aged|-| |75.00|Save the Children|75.00| |87.90|Flora & Fauna(pangolins)|87.90| |30.00|Christian Aid|30.00| |-|DonkeySanctuary|31.00| |**856.45**|**Combined Total**|**882.45**| Donations received and amounts distributed totals included in the Other Income/Expenditure totals shown on page 2 of this report. ( In the previous Financial Year 2022/23 £1,146.05 donations were received and distributed to Charities ). Page 6 Yiewsley Methodist Church Financial Statement for the year ended 31[st] August 2024 ## **TREASURERS DECLARATION** I confirm that I have prepared the accounts from the records of Yiewsley Methodist Church and that they include all funds under the control of The Church Council. Sheila Palmer – Church Treasurer Signed ____________________________ Date 2025 ## **DECLARATION BY CHAIR OF CHURCH COUNCIL** I confirm that the accounts were presented at the Church Council which I chaired. Revd. Ken Kingston – Chair of Church Council Signed ____________________________ Date 2025 Accounts were audited by the Church Independent Examiner John Chamberlain ( Treasurer Hayes End Methodist Church) Page 7 ## **THE RESERVES POLICY YIEWSLEY METHODIST CHURCH FINANCIAL YEAR 2023/24** 1. Unrestricted Fund – The General Fund held at 31[st] August 2024: £ 92,647 2. Unrestricted Funds Designated Funds held at 31[st] August 2024: £42,026. 3. Restricted Fund – The Benevolence Fund held at 31[st] August 2024: £500 ## **RESERVE POLICY FOR UNRESTRICTED GENERAL FUND** To build up a balance in hand equivalent to at least 6 months normal General Fund Ex enditure. After the ma or Roof ex enditure we are now able to have this balance. p j p ## **RESERVE POLICY FOR UNRESTRICTED DESIGNATED FUNDS** To continue to build up our Designated Funds for specific objectives as agreed by the Church Council. ## **RESERVE POLICY FOR RESTRICTED FUND** The Restricted Fund held is The Benevolence Fund – This fund is held as decreed by The Methodist Church Conference. This Reserve Policy was approved by The Yiewsley Methodist Church Council held on _2025_ ________________ Si ned b Si ned b g y g y Revd Ken Kingston Sheila M. Palmer Chair of Church Council Church Treasurer Page 8 **CHURCH RECEIPTS AND PAYMENTS ACCOUNTS** # **THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS** ## **Yiewsley Methodist** **Church** ## FOR THE YEAR ENDED 31 Au ust 2024 g |**Circuit**
**Harrow and Hillingdon**|**Circuit no.**|**35/36**| |---|---|---| |**Registered Charity - Charity Registration number**||| |||1127645| If not a registered charity **His Majesty's Revenue and Customs Gift Aid number** (The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242) ## Minister: Revd Ken Kingston Church Stewards: Ms Priya Rasanayagam Mrs Sandy van Brummen Mrs Heather Harvey Mrs Lesley Pepler Treasurer: Ms Sheila Palmer Church-receipts-and-payments-2024 new 1 of 5 **Church** ## **ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **Yiewsley Methodist** ||**SECTION A**|||**Unrestricted**
**Funds**
**Restricted**
**Funds**|**Unrestricted**
**Funds**
**Restricted**
**Funds**|**£**
**16,665**
**3,158**
**99,431**
**138,870**
**Totals this**
**year**|**£**
**16,665**
**3,158**
**99,431**
**138,870**
**Totals this**
**year**|**Totals last**
**year**|| |---|---|---|---|---|---|---|---|---|---| |||||**£**|**£**|**£**||**£**|| |a1|**RECEIPTS**||**Note**||||||| |a2|Offerings and Tax recovered|||16,665||**16,665**||15,933|| |a3|Bank and CFB interest and
Investment income|||3,158||**3,158**||5,386|| |a4|Lettings|||99,431||**99,431**||78,328|| |a5|Other receipts|||138,870||**138,870**||45,116|| |a6|**TOTAL RECEIPTS**|||**258,124**||**258,124 **|**(a7)**|**144,763**|| ||||||||||| ||**SECTION B**|||||**40,513**
**18,627**
**14,196**
**82,537**
**2,691**|||| |b1|**PAYMENTS**||||||||| |b2|Circuit Assessment or Share|||40,513||**40,513**||41,698|| |b3|Donations||||||||| |b4|Repairs and Maintenance|||18,627||**18,627**||10,923|| |b5|Utilities (Insurances, water
charges,heating& lighting)|||14,196||**14,196**||11,208|| |b6|THE ROOF|||82,537||**82,537**||293,863|| |b7|Otherpayments|||2,691||**2,691**||1,972|| |b8|**TOTAL PAYMENTS**|||**158,564**||**158,564 **|**(b9)**|**359,664**|| |||||||**99,560**|||| ||**SECTION C**||||||||| |c1|**NET RECEIPTS/PAYMENTS**
**FOR THE YEAR**
**(a6-b8)**|||99,560||**99,560**||(214,901)|| ||||||||||| |c2|Total funds brought forward from
last year|||35,113|500|**35,613 **|**(c6)**|250,514|| |||||||**135,173**|||| |c3|**(c1+c2)**
**Sub total**|||134,673|500|**135,173**||**35,613**|| ||||||||||| |c4|Transfers and adjustments||||||**(c7)**||| ||||||||||| |c5|**TOTAL FUNDS AT END OF YEAR**
**(c3+c4)**|||**134,673**|**500**|**135,173 **|**(c8)**|**35,613**|**(c6)**| ||**SECTION D**|||| |---|---|---|---|---| |d|**£**
856
856
**BALANCE STILL TO BE PAID** (d1+d2-d3)
Balance brought forward from lastyear
Offerings/Gifts - received for external organisations
Offerings/Gifts -passed to external organisations
**(these amounts are not to be included in total receipts/payments figures above)**
**FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS**|||**£**
| |d1|Balance brought forward from lastyear|||| |d2|Offerings/Gifts - received for external organisations||856|1,071| |d3|**BALANCE STILL TO BE PAID** (d1+d2-d3)
Offerings/Gifts -passed to external organisations||856|1,071| |d4||||| 2 of 5 Church-receipts-and-payments-2024 new Yiewsley Methodist **Church** ## **SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL** **SECTION E Please follow the Guidance Notes to complete this page** Summary of the Church accounts for the year ended 31 August 2024 and Internal Organisations reporting to the Church Council/Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be completed to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District and connected District Organisations. ||**SUMMARY OF CHURCH ACC**| |---|---| ||**SECTION E**| ||Summary of the Church accounts for the year ended 31 August 2024 and Internal Organisations reporting to the Church Council/Church Meeting. Note that the funds of an
Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be completed
to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting AND A
DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District and connected
District Organisations.| ||**INTERNALORGANISATIONS**| |e1|**Ladies Circle**| |e2|**Luncheon Club**| |e3|**Parent & Toddler Club**| |e4|**Space 2 Be**| |e5|| |e6|| |e7|| |e8|Sub total of Internal
Organisations funds| |e9|**Church accounts (totals**
**brought forward from page 2**
**- totals column)**| |e10|**TOTAL CASH FUNDS HELD**
**BY CHURCH**| ||| ## **SECTION F** ## **STATEMENT OF ASSETS AND LIABILITIES** ||**STATEMENT OF ASSETS AND LIABILITIES**|||| |---|---|---|---|---| ||**CHURCH - CASH FUNDS HELD at 31 August 2024**
Cash in hand
BankCurrent Account
Bank Deposit Account
**SUB TOTAL - Church accounts**
**TOTAL CASH FUNDS HELD BY CHURCH**
Central FinanceBoard
Trustees for Methodist Church Purposes
Other funds
Total funds held by Internal Organisations (the closing
balance total from above) (e12)|**OPENING**
**BALANCES**
19,443
16,170
**35,613**
(c6)
**4,518** (e11)
**40,131**
(x)|**CLOSING**
**BALANCES**|| |f1|Cash in hand|||| |f2|BankCurrent Account||28,359|| |f3|Bank Deposit Account|||| |f4|Central FinanceBoard||106,814|| |f5|Trustees for Methodist Church Purposes|||| |f6|Other funds|||| |f7|**SUB TOTAL - Church accounts**||**135,173**|(c8)| |f8|Total funds held by Internal Organisations (the closing
balance total from above) (e12)||**3,603**|(e12)| |f9|**TOTAL CASH FUNDS HELD BY CHURCH**||**138,776**|(y)| |||||| ||**SECTION G**
**OTHER ASSETS and LIABILITIES**
Other Assets
Land &Buildings (seenotesreInsurancevalue)
Loan(s)-showamountoutstanding atyearend
Other Liabilities
Investments (includeEndowments)|At
1 September 2023
2,671,673
28,000|At
31 August 2024
3,790,000|| |g1|Investments (includeEndowments)|||| |g2|Land &Buildings (seenotesreInsurancevalue)|2,671,673|3,790,000|| |g3|Other Assets|||| |g4|Loan(s)-showamountoutstanding atyearend|28,000||| |g5|Other Liabilities|||| f4 Include only Funds held at the Central Finance Board f5 Include only Funds held at Trustees for Methodist Church Purposes g1 Include any other investments (not the cash element of TMCP trusts accounts this is included in line f5 3 of 5 Church-receipts-and-payments-2024 new Name of Church ……YIEWSLEY METHODIST………… No……….. ## **Declarations and Scrutiny** I confirm that these Receipt and Payment based accounts for the year to 31 August 2024 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees. Signature of treasurer ……………………………………………………… Date…………………….. Name and address of treasurer …………SheilaPalmer……………………………. …17 Newcroft Close Hillingdon…………………………………. Post Code UB8 3RH ## **Presentation to the Church trustees** I confirm that the annual report and accounts for the year ended 31 August 2024 were/will be* presented to the meeting of the Church trustees held on …………….. Signature of the Chair of the meeting …………………………………………………………………… Name of the Chair of the meeting …………………………………………… Date …………………… ## **Independent Examiner’s Report to the Trustees of the** ## **Yiewsley Methodist Church** ## **Charity Number 1127645** ## **Responsibilities and basis of report** I report to the trustees on my examination of the accounts of the ……Yiewsley........ Church for the year ended 31 August 2024 set out on pages 1 to 3. As the Church’s trustees, 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 Church’s accounts carried out under section 145 of the Act and, in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. * delete or circle as appropriate 4 of 5 Church-receipts-and-payments-2024 new Name of Church ……Yiewsley Mehodist………………………… No …………. ## **Independent Examiner’s Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below*) which give me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Act; or - the accounts do not accord with the accounting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. I have/have not* obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner …………………………………………………………………. Name of independent examiner ………………………………………………………………………. Relevant professional qualification of independent examiner ……………………………………… Name of firm (where appropriate) ……………………………………………………………………… Address …………………………………………………………………………………………………… ……………………………………………………………………………….. Post Code ……………… Date ………………………………………… ## * delete or circle as appropriate Form Reviewed Aug-24 Church-receipts-and-payments-2024 new 5 of 5 **CHURCH RECEIPTS AND PAYMENTS ACCOUNTS** # **THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS** ## **Yiewsley Methodist** **Church** ## FOR THE YEAR ENDED 31 Au ust 2024 g |**Circuit**
**Harrow and Hillingdon**|**Circuit no.**|**35/36**| |---|---|---| |**Registered Charity - Charity Registration number**||| |||1127645| If not a registered charity **His Majesty's Revenue and Customs Gift Aid number** (The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242) ## Minister: Revd Ken Kingston Church Stewards: Ms Priya Rasanayagam Mrs Sandy van Brummen Mrs Heather Harvey Mrs Lesley Pepler Treasurer: Ms Sheila Palmer Church-receipts-and-payments-2024 new 1 of 5 **Church** ## **ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **Yiewsley Methodist** ||**SECTION A**|||**Unrestricted**
**Funds**
**Restricted**
**Funds**|**Unrestricted**
**Funds**
**Restricted**
**Funds**|**£**
**16,665**
**3,158**
**99,431**
**138,870**
**Totals this**
**year**|**£**
**16,665**
**3,158**
**99,431**
**138,870**
**Totals this**
**year**|**Totals last**
**year**|| |---|---|---|---|---|---|---|---|---|---| |||||**£**|**£**|**£**||**£**|| |a1|**RECEIPTS**||**Note**||||||| |a2|Offerings and Tax recovered|||16,665||**16,665**||15,933|| |a3|Bank and CFB interest and
Investment income|||3,158||**3,158**||5,386|| |a4|Lettings|||99,431||**99,431**||78,328|| |a5|Other receipts|||138,870||**138,870**||45,116|| |a6|**TOTAL RECEIPTS**|||**258,124**||**258,124 **|**(a7)**|**144,763**|| ||||||||||| ||**SECTION B**|||||**40,513**
**18,627**
**14,196**
**82,537**
**2,691**|||| |b1|**PAYMENTS**||||||||| |b2|Circuit Assessment or Share|||40,513||**40,513**||41,698|| |b3|Donations||||||||| |b4|Repairs and Maintenance|||18,627||**18,627**||10,923|| |b5|Utilities (Insurances, water
charges,heating& lighting)|||14,196||**14,196**||11,208|| |b6|THE ROOF|||82,537||**82,537**||293,863|| |b7|Otherpayments|||2,691||**2,691**||1,972|| |b8|**TOTAL PAYMENTS**|||**158,564**||**158,564 **|**(b9)**|**359,664**|| |||||||**99,560**|||| ||**SECTION C**||||||||| |c1|**NET RECEIPTS/PAYMENTS**
**FOR THE YEAR**
**(a6-b8)**|||99,560||**99,560**||(214,901)|| ||||||||||| |c2|Total funds brought forward from
last year|||35,113|500|**35,613 **|**(c6)**|250,514|| |||||||**135,173**|||| |c3|**(c1+c2)**
**Sub total**|||134,673|500|**135,173**||**35,613**|| ||||||||||| |c4|Transfers and adjustments||||||**(c7)**||| ||||||||||| |c5|**TOTAL FUNDS AT END OF YEAR**
**(c3+c4)**|||**134,673**|**500**|**135,173 **|**(c8)**|**35,613**|**(c6)**| ||**SECTION D**|||| |---|---|---|---|---| |d|**£**
856
856
**BALANCE STILL TO BE PAID** (d1+d2-d3)
Balance brought forward from lastyear
Offerings/Gifts - received for external organisations
Offerings/Gifts -passed to external organisations
**(these amounts are not to be included in total receipts/payments figures above)**
**FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS**|||**£**
| |d1|Balance brought forward from lastyear|||| |d2|Offerings/Gifts - received for external organisations||856|1,071| |d3|**BALANCE STILL TO BE PAID** (d1+d2-d3)
Offerings/Gifts -passed to external organisations||856|1,071| |d4||||| 2 of 5 Church-receipts-and-payments-2024 new Yiewsley Methodist **Church** ## **SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL** **SECTION E Please follow the Guidance Notes to complete this page** Summary of the Church accounts for the year ended 31 August 2024 and Internal Organisations reporting to the Church Council/Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be completed to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District and connected District Organisations. ||**SUMMARY OF CHURCH ACC**| |---|---| ||**SECTION E**| ||Summary of the Church accounts for the year ended 31 August 2024 and Internal Organisations reporting to the Church Council/Church Meeting. Note that the funds of an
Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be completed
to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting AND A
DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District and connected
District Organisations.| ||**INTERNALORGANISATIONS**| |e1|**Ladies Circle**| |e2|**Luncheon Club**| |e3|**Parent & Toddler Club**| |e4|**Space 2 Be**| |e5|| |e6|| |e7|| |e8|Sub total of Internal
Organisations funds| |e9|**Church accounts (totals**
**brought forward from page 2**
**- totals column)**| |e10|**TOTAL CASH FUNDS HELD**
**BY CHURCH**| ||| ## **SECTION F** ## **STATEMENT OF ASSETS AND LIABILITIES** ||**STATEMENT OF ASSETS AND LIABILITIES**|||| |---|---|---|---|---| ||**CHURCH - CASH FUNDS HELD at 31 August 2024**
Cash in hand
BankCurrent Account
Bank Deposit Account
**SUB TOTAL - Church accounts**
**TOTAL CASH FUNDS HELD BY CHURCH**
Central FinanceBoard
Trustees for Methodist Church Purposes
Other funds
Total funds held by Internal Organisations (the closing
balance total from above) (e12)|**OPENING**
**BALANCES**
19,443
16,170
**35,613**
(c6)
**4,518** (e11)
**40,131**
(x)|**CLOSING**
**BALANCES**|| |f1|Cash in hand|||| |f2|BankCurrent Account||28,359|| |f3|Bank Deposit Account|||| |f4|Central FinanceBoard||106,814|| |f5|Trustees for Methodist Church Purposes|||| |f6|Other funds|||| |f7|**SUB TOTAL - Church accounts**||**135,173**|(c8)| |f8|Total funds held by Internal Organisations (the closing
balance total from above) (e12)||**3,603**|(e12)| |f9|**TOTAL CASH FUNDS HELD BY CHURCH**||**138,776**|(y)| |||||| ||**SECTION G**
**OTHER ASSETS and LIABILITIES**
Other Assets
Land &Buildings (seenotesreInsurancevalue)
Loan(s)-showamountoutstanding atyearend
Other Liabilities
Investments (includeEndowments)|At
1 September 2023
2,671,673
28,000|At
31 August 2024
3,790,000|| |g1|Investments (includeEndowments)|||| |g2|Land &Buildings (seenotesreInsurancevalue)|2,671,673|3,790,000|| |g3|Other Assets|||| |g4|Loan(s)-showamountoutstanding atyearend|28,000||| |g5|Other Liabilities|||| f4 Include only Funds held at the Central Finance Board f5 Include only Funds held at Trustees for Methodist Church Purposes g1 Include any other investments (not the cash element of TMCP trusts accounts this is included in line f5 3 of 5 Church-receipts-and-payments-2024 new Name of Church ……YIEWSLEY METHODIST………… No……….. ## **Declarations and Scrutiny** I confirm that these Receipt and Payment based accounts for the year to 31 August 2024 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees. Signature of treasurer ……………………………………………………… Date…………………….. Name and address of treasurer …………SheilaPalmer……………………………. …17 Newcroft Close Hillingdon…………………………………. Post Code UB8 3RH ## **Presentation to the Church trustees** I confirm that the annual report and accounts for the year ended 31 August 2024 were/will be* presented to the meeting of the Church trustees held on …………….. Signature of the Chair of the meeting …………………………………………………………………… Name of the Chair of the meeting …………………………………………… Date …………………… ## **Independent Examiner’s Report to the Trustees of the** ## **Yiewsley Methodist Church** ## **Charity Number 1127645** ## **Responsibilities and basis of report** I report to the trustees on my examination of the accounts of the ……Yiewsley........ Church for the year ended 31 August 2024 set out on pages 1 to 3. As the Church’s trustees, 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 Church’s accounts carried out under section 145 of the Act and, in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. * delete or circle as appropriate 4 of 5 Church-receipts-and-payments-2024 new Name of Church ……Yiewsley Mehodist………………………… No …………. ## **Independent Examiner’s Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below*) which give me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Act; or - the accounts do not accord with the accounting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. I have/have not* obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner …………………………………………………………………. Name of independent examiner ………………………………………………………………………. Relevant professional qualification of independent examiner ……………………………………… Name of firm (where appropriate) ……………………………………………………………………… Address …………………………………………………………………………………………………… ……………………………………………………………………………….. Post Code ……………… Date ………………………………………… ## * delete or circle as appropriate Form Reviewed Aug-24 Church-receipts-and-payments-2024 new 5 of 5