Ch*rlty rtobtr*tloll nwnber 1127649 TRINITY METHODIST CHURCIL EAST GRINSTEAD ANNUAL REPORT Al￿ UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 TRINrrYMETHODIST CHURCH, KAST GIIINSTEAI) LEGAL AND ADMINISTRATIVE INFORMATION Trustees ABentley SHBN J W Srarling RAD¢war J Hewer R J Stsrlitk¥ J Brooks EDtckeoson MPBw¢e M Brooks PFOX S Shaw P Swan P Oak]ey M Cullningham C Hodder S Walkcr Br#dbwy L Hope A JordaTt Rov E Brooks Rev B Slatter E Haga J Roxburgh K Jones {Appointcd 23 July 2022) IAppoint¢d 23 July 2022) {Appoinlcd 11 Junc 20231 IAppointEd 11 Jutte 20231 (Appointed I l Jlltse 20231 Ch*rlty llllznber 1127649 Ptlndp41 Addre89 Liagfield Road E8st Grill5tcad West Sussex RH192HA Indep¢n41ent ￿l￿[ner D&rr¢ll Hhrdillg ACA FCCA DChA R%¢hard Plac¢ Dob60tt S¢tM¢es Limiled 1-7 Stlltion R¢h#d Ctawley Wc8t SU￿eX BHIO IHT TRINITY METHODIST CHURCffj EAST GRINSTEAD CONTENTS T￿￿tee< report lttdepondent exwnitt&$r¢pL Statement of fillanelil acliviii¢s B￿art￿¢She Notes to the 1]th￿I&l $thtertteuts TRINITY METHODIST CHURCH, EAST GRENSTEAD TRUSTEES, REPORT FOR THE YEAR ENDED 31AUGUST2022 Tbe trnsteeB present their rcport with thefillattci41 $ratem¢nts of the th￿tty for thc year ended 31 Au8n512020. Thc Irustees have the provisions of Accounliiig and RepoTling by Charities.. Slot¢m¢rti of R¢¢ommend¢d Pra¢iice applicable to charitieb preparing their avrowits ity a¢¢ordan¢¢ with th¢ Frnancid Rcporting Standard appli¢able ftrl theUK and Republi¢ of Er¢lattd (FRS 1021 (cffective l Jgnuary 2015). The financial statements h&ve bEcn wepAr¢d occOrd￿te with the aecoulltiDg polÉcies set out ITr note I to rhe fmanGia] sth*ty￿rtts und ¢omply wilh the ehartWs De￿ of Uniott (1932) wtd Methodist Chw¢h Act {1976), Ihe ChiriÈias ACE 2011 and "Accowjting R¢porii#g by Cbaritics.. Statement of Rècommcndcd Practice appIicAbl¢ to charities pr¢pwin8 tb¢tr accounts in accordance with the FiuanGL#I Rcporting Stsndard applicable in thc UK and Republic of Ire]arLd IFRS 102)" {effE¢tiV¢ l January 2019). ObJéetlv¢s •Dd at(fvl¢l Th¢pwp08¢5 of th¢ Ni¢thodtst CIM￿¢￿ ar¢a#d 8hall b¢ deem¢d to lJav¢ bc¢n siD¢¢ th¢ daw of unirnthe advancrts¢lll Ot. A. The Christiall faith in a¢coréattce with the doctrinal Etalldards atml the disciplinc of th¢ Methodisi ¢hur¢]J' B. Any charitable puqjose for the time beithg of any conn¢xional di51ricL ¢ircuit, local or other organisaiion of th¢ Mtthodist C. Any Cbartthblc puws¢ thr th¢ time bc1￿ of ony Bocicty 01 in5UthJtion subsidiw or auLiUHryto th¢ M¢thodi¥t¢hurch: D. Aoy puo)oso for thc time being of SLUY cbaTiLy bcing u th￿rity subsAdiary or allcillllry to thc Methodist Churdl. OUT YiSiOlJ is to'know God and to rnak¢ Him knovrn" W¢ ar¢ committed lo $haTin8 the Gosp¢l in th¢ lo¢AI Community. to iucttosinK thcfcllow5hip of bclirwcrs gJLd mmking dI￿1p￿¢s, m¢mb¢r6 gnd leoders. Wc believ¢ the Bible li the inspircd word of God. J￿u9 Christ 15 the only Son of God. By prny¢r, Biblc 8tudy aod li8tenitig toHis voic4 theHoly Spilit CqUiP5 U5to do the will of God Everythingwe do shoutd give glory trj God. li is our31￿ty.. . W¢lwoe 4Jl who ¢omt toTtittity Metliodisi Cbwcb th¢m to bocom¢ PArt of tkn Church farnity. rost￿, through our worship. the expettatiott thai the Holy Spirit will work in people's ]ives. chaDgitig the4n for the better. Nurtu￿ spiriiudl xrow(h by mccting together for fellowship, priyeT. Bibt¢ styjdy and t¢a¢hin8. Undcrtakc cvangelistic outrea¢h to tile local ￿mmY￿11Y. En¢o)wage tiieprcachiijg aod leaching ofthe GDSPCI. Develep ¢aring ￿lationshipS and share cach othcP5 Thceds Tthdblltdetts. Provide oppo￿OI$l¢S forindividullls to develop their 3piriiual gilLg and servic Bc of scivice ￿ tlig Ioc41 community. EDswe that world nJissii)ik i$ encuurdged, to bB aware of and torespond to the tteeds of Cbrisi'8 body worldwide. Ourobjectitts . Th¢ provislDtt offfgol8raets of worship thatare opell to mdubtt¥ of th¢ Cllltr¢hw￿ w)tt-me¢nbu¥ ￿Ik The t¢a¢hinu ￿rch[)s￿￿1ty througb scrn?on4 Lourscs and S￿￿11 groups. Pastoral work intluding ￿￿ltIng the.sick and bereaved. Piomolion of Cbristt2Dity through stagtng eveDL% attd servic￿. ProM5ion of vaTiOUS elknbs with a Chtystsgn eihos, including clvbs for children young p¢opl¢. 6enÈor citsz¢n5. m¢n's andwomcn's 8roups. SupportiDgother charities inthe UKand ov¢r5¢gs f￿ancIalLY andwitll pray¢r. Provisio￿ of dtiily refreshtnents via Cxf6 to encourag¢￿￿rtnesS ofxll of the Above actiTrities. Active snvolv¢metLt in thE COmmUTJity fO￿5¢d Dutreach aGtiviti¢5 (Jf FoDdbanK Strtd PB5tots snd Christian5 AEain$LPoveAy {CAP). PDblic beneflt The Tntstees bavereferred to the guidance in the ChBrity CotTrmission's gthjeral gllidaEce OTtpub]ic benefit when reviewiD£ tho Cha¥kty$ aiojs and objectives iu plalljiiig its flltsue activ&w. 14 paniculu. Ihey have constdered how plotsned activitits will contributc to the airns and objccti￿$ th¢y h*Y¢ s¢1. page I TRINITYMETHODIST CHURCH, EAST GRINSTKAD TRUSTEESI REPORT (CONTJNUED) FOR THE YEAR ENDED 31AUGUST2022 Athievtmemts performance Charltable artlvltle5 Thc Annual Church R¢poNs pr¢parcd for the AwLual Chlltth MeeTin85 2022 and 2023 d¢Tail m&lly of the ac]Jievements ttnd ￿rfOrnla￿c￿￿ of the Church for the year ty 31.%t August 2022. A¢tiviti¢8 grnduA]ly stBrted lo with the lifting of Covid rc6triction5. Th¢ meMbe￿h1p of ihe Ch¥rch has reduced since th¢ pond¢mi¢ thereforc time spen¢ cYaluatin¥ W]￿¢￿ a¢tivities we sh¢wJ¢ and are able t￿reSIST￿ FtnAn¢l•J r¢vle FINANCIALREVIEW The Church's illcone comes mainly from offertng4 donation& ¢ax-effJci¢nt giving ond biring out of fa¢iliuH. Expcnditurc i5 prim&ily on Chuwh adminimtioit, the Awwal Cirytsit Ass¢35m¢ni douations within Methodism and cxtcrnally. and Df the pr¢mt8¢5. Thc CÉrGuit provides mitti8ty for th¢ Circutt clwtcbes. ]nti￿ding stiE*nd% aryd The Church Accoullts include the affliviu¢s of itit¢Tn￿ oryan15aiions. Wlwi possible arc sov¢sl¢d ID & deposit with thc Centr21 Fitw)c¢ Bothl of the Methodist awr¢i whiGh provid&8 invtStment¥twAgtmtDtAWVI￿ to ¢hw¢hes. The Church h￿S o ¢omprebensiv¢ iJJsurJnc¢ poli¢y with Mcthothst Inswan¢e plG. The Trusteu for Methedist Qurch lknrpuse8 8ff a6 ￿$tUdIe￿ rns¢ecs for the ¢liuwb ptopcrty, artd provtde supportwithÈ&thctr r¢miL Th¢ siatement of Fi]wn¢ia] Activities otl pw 6 shows nei outgoin8 resources for th¢ yur totaled £20.122 {2021.' £20.941 n¢L incorne rNour¢esl. Re•ery¢i Poll Th¢ R&£¢rve for the G¢￿¢[al FuBd. ￿ClUditI8 the value of tQD8ilTrle fixed ￿set8 ond the inv¢sttn¢n( propcrty whi¢h illiquid fund& is held a8ain$t cxpcns¢$ And llmowits tc* be(w¢¢L S0%- IOOD/o of the Chur¢h's aDouaJ cxpend&lur¢. In November 2021, al thr irqucsl ofThe M¢thodisi CDnfcrenc¢ of2021, a voluntary contribuiiott of £20.00ts was mud¢ io The M¢diodlst P￿slon R￿¢ry¢ Fwid. Althou￿) this r¢duc¢d th¢ ChLwch's r¢s¢rv¢4 they remaln $tron8 tt 68°A ofbud8¢t¢d Annual ¢xpcndith. FUTURK PIANS We L%Jntinue to use ourpremi8¢S to worship the and wel¢om¢ thc Holy Spiri4 through a vaFi¢ty of s¢rvs¢fs Bttd aets of woJJhip. We havg a vision to Strcngtljcn and w our fellow5bip t¢mJs of faith, knuwled8¢, numbers, spirituality atld pa55ion for JeB￿. W¢ a150 plan to c￿ntinue rE8chills out ond s¢ryillg ow tuwn LDmmunity iti 85 many way$ As wc ca makinE fvll use of our ¢x¢¢llent f￿11)lIes. SiTrcE Octobef 2022. our Wclcome Cafe hns beets open daily Imon to Fri) wid is linked ￿ thE 'W2tm Spa¢¢' illiliativc. In Feb￿ary 23 we CQDvn¢ll¢ed ll monthly Mcssy Chw¢h intikatrve for IoD?l ¢hildtert and thcir families wbidt wehopc will corttimle to and floutith. Strneture¥ governante and A Bet>tloy R Dymock ABames S H BTuce J W StsrIing R A Dewar J ll￿¢r RJ Sthrlittg J Collifjs J Bwoks M CoUiTts Rev M Cookc E Dickensan (R&sigiKd 29 May 2022) iResi8ncd 13 Augu512022) IRcsigtted 11 Jvn¢ 2023) (Resigned IE Jutt¢ 2023) (Resign￿ 23 July 2022) P2ge 2 TIUNITYMETHODIST CHURCH, EAST GRINSTEAD TRUSTEES, REPORT (COP4TITrIUED) FOR THE FEAR ENDED 31 AUGUST2022 MPBrnce M Brooks Rev N Ilrowning PFOX LFOX KBaifour M Boaitcy S Shaw P Swan P Oakley (R&si8Thed I l June 2023) (R&%igll￿ 11 June 2023) Iliesiglled 29 May 2022) {R￿1￿ned 29 May 2022) C Hodder S W#]kor G Brad LHffji¢ A Bn)wn AJordH N Jottes R¢v E BrookB R¢v B Slatter E Ha￿￿0 J RoxbuT8h KJon (Rssigaed 12 May2023) (R¢si8ncd 11 June 20231 (Appoinied 23 July 2022) (Appoint¢d23 July 2022) (Appointed 11 June 20231 (AppOin￿d 11 Jun¢ 20231 (Appoiutcd 11 Juno 2023) Recrultment And &ppolniment of new tru$tees TrU￿re$ arc appoiy)t¢d by th¢ Church Council At thc Annual Chur¢b Meeting. Some Tnjstw oc¢upy sp2¢ific positions e 7kn, Church SIcw4rd PoteDtial tTustee8 2r¢ittvRl¢d toserwe by dirECt8pproach from thc ChEirn)an orLlntrrh Stw&rd. althou￿ts 8ry lldvcrtlxvment mly be pluced in the Church magazino or ncw%lcttcr if spcGiali81s&ills Ere reqllir& ItLductLQD llnd training are handl¢dby thc prew0￿5 o¢cupantof the pos4 orthe Church Stewards. OryADlsgtEonal Strry¢iur¢ The Cburch Coun£tL whoso merrtbtts tsr¢theTnJstre& uuthority ttod ovetsight overfhe Minilryof the church. includirt8 managementof the properry. Aims andmethod5, the d¢t￿l￿￿tion purniit of poli¢y gDd the developm￿1 of its av4tlable aTe iL¥PA)p¢r tvpons11)tlity. Ithas appotnted a ftumb¢rof comrnitiees-FtnancA PropETty. P85tordl. Outreacb andYouth- whicbhave authority tti thcirown arcas of 1¢5ponsibility to inElial¢ actio￿ ¢O-ordinat¢ work don¢ in th¢ Chwch. thise the Church CoutLciI and r¢port to it. K¢y Ma4•g¢weJLt RcmunerAtlon Th¢re 4r£ no k¢y manaBcmcni cmployc(I by the Clwt¢h. For￿1 Employe￿ th¢ Methodist Churclk Lay Ernploycc pay rates atcused to detEmiill¢ p2y Eates. Use tsf Volunte¢rs The Chw¢h by its very t]a¢ur¢ is iaryely sllpportcd n]n by vol￿&{c¢r4 and iL could not without therL Thc Church only usc5 paTd staff when arolc is IDO 4)nctous for avoJUntC￿ ty b4ndl¢. page 3 TRINITY METEIODIST CHURCIL EAST GRINSTEAD TRUSTEES, REPORT {CONfiNuED) FOR THE YE4R ENDED 31 AUGUST2022 Thr tFustCCS' Tepotl 8pprtsv¢d by thc Boar n￿te¢s. v B Shtter Tntslee £(-6-2o&3 TRINITY METHODIST CHURCH, EAST GIUNSTEAI) INDEPEIYDENT EXAMINER'S kEPORT TO THE TRUSTEES OF TRJNITY METHODIST CHURCH, EAST GRINSTEAD I report ts) the trustees ou my examitiatian of the financial statements of Trinity Methodist Church. East GriJJstead (the charity) for the Y￿rendert 31 August 2022. Re5POllslblUdes b¥1$ ofreport As tho ttustses of th¢ chirity you are Ye$pon8ible for th¢ weparation of tha fir1￿cial StateMth￿ in 4c&vdance wilh the rquiremeThls of the Cbari¢icsAei 2011 (the 2011 A¢¢). I report in respccÈ of tThy txauJiuatiOn of the ckarity's fthati¢i•l stst¢T￿llts clltttcd out undcr srdthc¢ Ivith Arxtiunting Reporting by Chariti¢s preparirjg iheir hccounts in accordan￿ with the Fin￿claI Reportlll8 StsndoTd Rpplicable Trn the UK and Rcpublic of Yrelolld {TrTrS 102) in pretcrenre lo th¢ AccO￿ling attd R¥portitsg by Chariti¢s'. Sl&l¢m¢nt ol" ReCom￿￿￿de41 Pra¢ti¢¢ issued on l April 2005 whicb is refC￿ed ty in tho cxtant rE8ulatiOTLS blli hLs TLOW bccn withdTHwfL l *ndCtsI￿d th2t thts ILNS beett dotte itt order ft*r fillallcial scaiemEnts 10 provid¢ a true and fair vi¢w ill a¢cordance witt¢ Oenerally Aceemtd Accounring Pracil¢¢ etr¢¢live forreFthtin8perio&% begtnning on oraller l Jam]#ry 2015. I Iwv¢ ¢on)pknknied my Lwminatlun. I confitm t1￿1 DD ITl8ttors hav¢ rom¢ to rny Htl¢nlion ID co[￿ection with the rxttminotion giving mc Cause to be]ievL' th#1 in any makriul r¢sP¢¢i.' aceoUntkngw￿tsAL% wcr¢ #ot k¢pi in reSp￿t of th¢ charity asy¢quired by $wtiOD 130 of thr 2011 Act. or th¢ finan¢ial llot¢m¢nts do not oeevrd Thith those rttords: or th¢ fin￿¢￿&1 stoi¢menL5 do Trot comply with the applltablc requlrcments eonctmithg the fomi and collt¢nt of acwunts set vut kn the Chviti¢s {A¢¢owJty and Rcpotts) R¢uuiation$ 2008 oth¢r than 2ny r¢quir¢m¢nL that tb¢ accounts give a ttUB and fairview whicb 18 ttot a mthtter cottsider¢d 8$ PArt of an Indep￿d¢rtt examintttLOn. T hav¢ no artd bAY¢ corae across ao otbct nJa(ters in eonnection with the examimALion to wbi¢h attentiott sliould b¢ drawn in thi6 r¢wt to ¢nabJ¢ apM>tKr undustsn(linK uf the f￿aDC]d StstsmcDts to b¢T¢ach H￿dI￿gACAFCcADC￿A Ri¢haryt Plav Dobson Senrices Limited Ch4ll¢¥dkncoulltaDts 1-7 Station Road Crawlcy We¥t Sussex RHIO IFrt TRINITYMETHODIST CHURCH, EAST GRINSTEAD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDrruRE ACCOUNT FOR THE YE4R ENDED 31AUGUST2622 Current Ilnand#l yc&r Uur¢4trlct¢d Unr¢strl£t¢d rund8 ruod$ general deJlgMted 20Z2 2022 Re51rtcted Total Tot*1 2022 2022 21121 Notes endowme DotsatiODS and off¢rings L￿tin¥S investnwTh¢ Othertncome attdinternal 0[g￿l$a¢lOnS 75.776 40,844 38,810 114.734 4Q844 138.074 24.177 730 6.027 188 6.945 1392 Totgl Income 117.350 6.175 38,998 162.523 163543 re ch￿itable activities 137220 20,663 24,763 182.646 142.601 Ne¢ (DLltgoln%ylncow(ng reiour¢trs befDTe trthsfc 119.870) (14A881 14.23S (20,123) 20.942 Gross Ir8Jslett bctwccn fijllds (2.549) 47.279 (44.7301 Net (expendtturelAtttom¥ for thE yearl Net movement In fund$ 122.419) 31791 (30,495) 110.1231 20.942 Fund bal8llCCS #t I Scptcn)ber2021 IU4,tK17 2.909.827 81995 3,100,829 3.079.887 IfyDd b814llces at31 Augu4t 2022 81 J8B 2,942.618 5&500 3.080.706 3,1(N).829 Th¢ stat¢m¢n( of finaDcial 2¢1iviti¢s ittciudc$ all 8aiBs and lossEs rceogntscd in th¢fvr. All kncome and expellditurc duive fmm c￿￿*AUl￿g acdvitiu. pa8¢ 6 TRINITY METHODIST CHURCH, EAST GRINSTEAD STATEMENT OF FINANCIALACTivrriES (COIYTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNr FOR THE YEAR ENDED 31 AUGUST2022 PTlor fjnantlal year ' Unrestrlded Ullr#trlctvd fuDd5 fuBd$ %Meral de¥lgnat¢d 2021 2021 Restrlthd Totsl 2021 2011 riotes Income ¢ ents from: DonatioLs and offcrin&s LettiNgs and iuvttstm¢ttl ittcom¢ Othcr IncomeaT￿ intem6] orwLiwion8 86,126 24.177 1,110 150 51.798 138.074 24.177 1292 iio Totgl Income 222 51,908 163,543 ndlt Charithble activities 119,141 15.480 7,980 142.601 Not (outgolngylncomln¥ rewurcei before Ir4ttif¢ri (7,728) 115.258) 43,928 20.942 aTOSS transfers between funds 45,000 (45,￿) Net{txpth<vre)Ilntffiitf•r ihe y*4TI (7.7281 29,742 (1.072) 20.942 Fund bhlan¢e6 At I Seplemb¢r 2020 111,735 2.880,085 88.067 3.079,887 d bal•llr•s *¢ 31 Avguit 2011 104,007 1909,827 86.995 3,100.829 TRINITY METHODIST CHURCH, EAST GRINSTEAD BALANCE SHEET ASA T31 AUGUST2022 2022 1021 Flxed *Mets Tangibk assets 2.955.506 2968J82 Dcb¢oT5 Cash ￿ bank and in hand 12 21,528 165.164 21.722 217,822 186,692 2395M Credltorn: fAlllll8 due on• yeAr 14 (61.4921 (64.79 N¢¢ cur¢tnt &4&et8 I25,21K> 174.747 Totsi amets ¢urr¢nl MAbLlld¢s 3.1)W706 3.143.329 CredltoY8: amounts f*lMng thi¢ thiTh otyeyegr 15 142JOOI Net Asiets 3,D80,706 3.100.829 Income fu•d• Restricted fi￿d$ 16 56.500 86395 D￿l￿ated fimd 2,IM2,618 2,880,085 17 2,942,618 81,588 2,880,085 111,735 3,024,206 3.013.834 3,080,706 3,100.829 Thc fiTMncial sratemthtswereapNovd by thc TTU8tee8 oll 2116123 A Bcnd¢y Rev B Sla Trnittt TRINITY METHODIST CHURCH, £AS¥ GIUNSTUD NOTES TO THK FINANCIAL STATEMENrs FOR THE YEAR EM)ED 3JAUGUST2022 A¢¢gunliDgpolicirs Cbarity ittfonnaduD Trtsllitymethodist Chur¢h.E8s¢Grlns￿d is o publie bttllèfiientity. 1.1 Aceopnttng convrnlloD The financial stalu#￿ts hav¢ bEtu prepared ill accord￿ with th¢ rharity'$ D¢£41 of Uttion (1932) And Methodisr Church Act (1976), the Charities Att 2011, FRS 102 Yhe Financiol Reportsng Sttsndard applicable in th¢ UK an(i Rcpub5ic of Tr¢laDd" C'FRS 102,) and the Chariiies SORP 'Ac¢ollllttng and Reporung by Charities= Statement of Rccommend¢d Prddi¢¢ wpiicabl¢ ¢0 ch￿1￿¢5 prepwg their aecounts in aE¢DTdduGe with the Fillay¥ial REportitig St2ndArd 2pplicablt in th¢ UK and Republi¢ ofJr¢laDd (FRS J02}" (<￿￿tiv0 l Janusry 2n19). The ¢biTity i5 a Public BEnEfitEntity As d¢fsoed by FRS 102. The ch8r&ty has t4kco adV￿la￿t of theproviBioA8 in the SORPforrktarilics llot topteport a St&t¢mtni of Cash Flows. Th¢ fin8nCi81 hav¢ d¢paft¢d from the Charities {AccouTrrs and RcpDTts) R¥￿ul&{tionS 2008 to the ut¢nt rqllired to provide a true and fair view. This dep8rnire bas involved following thc 8tstcmcnt of Recot5Urt¢ttdrd PrNGtii¢ for cloJiu¢s applyillB FRS 102 rttthtr tbatt th¢ versii)M of the Staiement of Recon]rn¢ndcdProctieeTthich is tEfenEd to in th¢ REBul&tions but whi¢lk has stnce b¢￿ wlihdTrwm. The f?￿￿LiA] si8t¢m¢Dts ar¢ pr¢pared in 8tcrling, which is thc IIJnthDJ￿i ¢urr¢n¢y of th¢ charity. MoN¢tw amounrs in these fErr￿cIal ststem¢ttts MrcrDunded to the neDThi £. Th¢'firrfnciul'sthtEmmts-hThv¢'bttn'pwATedvnderihethisloTical cost EDnyrntion,[7rtDdificr5 tD include th¢ T¥valua¢ion or fr¢¢hold properties and to includc inv¢skn¢nt prop¢rti¢s wd ¢¢noin financittl instnlm¢n￿ at fLÉr valuol. Thg ￿inCIpal ccouDtirygpolici¢8 adopt¢d ar¢ srt outbelow. A.2 Gothg Cohcern At th¢ tim¢ of apprgviTr8 the financial ¢h¢ tn4te¢s liave 2 rea¥onable ¢xpe¢thtion that th¢ chtiwity has ¥dequate rr8ourcc8 to roJ2liuuc Ati opwotinDal existcnce for the f(w&8cL*bk ￿D￿¢. Thus th¢ tru8tCL¥ eontitiu¢ ¢0 ttdop¢ th¢ going coDccrn I￿51$ of uccouttixti8 itiprying the financial HatetoenL8. IJ Ch4rJtsbl¢ Unr¢strict¢d Ilwds aye aV￿lable for use at thc d59￿¢￿0￿ ofthc t¢wtees itt tiytherAn¢e of their ¢hari1oble obje¢tive8. DesiBlloted ftsttds tsre Qt th¢ discretion orth¢ tWSt¢¢8 4ryd CAD b¢ ¢rcawd xf there is 8 sp¢¢ifiG prgjeffllobjectiv¢ th¢y wi$tL tDspe￿df￿￿￿s on. R¢stricttd funds ar¢ subject lo spccifiB condition5 by donor$ 4s to tsow th¢y Enay b¢usd. Thc pwpose$ atsd ws of the r¢strieted tlmds Are set out in the to the fjnoncial st¥t¢mcnts. 1.4 All ineomiiig res0￿￿8 ale iKeludtd i# the sl4teni¢ii¢ of fi#An¢ial a¢tivili¢& whcn the Gharity is ¢nts￿ed tffj 4nd vitknlly certaill trprcceivethc iti¢ome and th¢amount ¢ath be qvwtified withrtra£ondble acLurdcy. Voluntary iucome tecrived by dooatio1￿ off¢riDgs aod l¢ga¢i¢s ar¢ illdud¢d in fidl in the Sta¢¢Jneni of FiD3ll¢ial A¢tivtues wh¢n re¢eivable. Lcgacie5 &rc rGo8nisrd ￿¢¢EPt or othctwisE if thB ¢hatity h8s beeJLnOtifxtd ot Éo¥)¢ndtllg distribDtior4 the amount is knovrn. aDdreL¢iptis expecte(L If the amount is ￿otk￿0Wll. th¢ Icgacy is trra*dasacDBiingcnta5SCt. Inve51n7ent income 15 sncjuded when reccivabl Oth¢r iocome ity¢ludes income from Internal Organisations and is recoBni5edwben it is rec¢ivable. TRINITYMETllODIST CHURCEL EAST GRINSTEAD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE Y£AR ENDED 31AUGUST2022 ACco￿￿tt￿￿ ptslthdes (CoDtIDued) 1.5 Expenditure Expclldlt￿¢ is te¢D8niseit onoe th¢r¢ is a l¢DI or gbligaiion ty traD$f¢r b¢D¢fjttO 4 thirdpty. it IF prDbabl¢ that a tTgll5f¢r ot ecojwmic bcnefits will b¢ tV4uircd in scttlcmeni the amount of the obligation can b¢ me&surcd rtliabjy. Expendi￿r¢ is clas5ifi¢d by activity. Thc ¢o$ts of ¢tt¢lh ariivÈly are made yp of (he total of dire¢1 attd shared costs. includtttg suppoil costs IttVDlvcd in undertakiDg ¢a¢h activity. DirecL costs attributhbl¢ to # $inglG Bc¢ivity ar¢ allocatcd direcfly to ihat dE¢iviry. Shared ¢05t5 whickn CQDtribute tD thao ODE aaiiryry support eosts which are nDt attriburabl¢ to A SiTJglc aaivity Aye apporti(mcd he￿ll tho% aciivities on a basis collsisknt with th¢ usc rfrcsourc¢s. Cethtroi 8taff costs Jw¢ ellocatcd thE basis of time 8PDJik depre¢Aatiots th￿8¢$ are auotthtcd on the portion of th a58¢¢'5 U6 Expenditure r¢cognised onc¢ there 1$ a legal or construc¢ive obligation to make a paymenL to a third porry. it r$ pmbable thai sctttcmcnt will be ￿q￿tred arld th¢ amouuL of tbc obligation CAtt b¢ me&wr¢d reliably. ExpeThdiUtr¢ is classifieduttder th¢ following adtVTty headiTr8: Expe#dittwe ott clwilable&cUw6Esin¢ludes thep￿slo￿ of mttsisty aud th?ir ass￿IatedS￿vpQrt¢osts. Support ¢0sts ftre thos¢ t￿￿11￿￿&tha[ auist th# work of thc Ch￿lty butdo not dtr¢dly uhdtsrAk¢ charitable 8eiivIIi&%. Suppurt costs iAcludcpremi$¢s and uifrec rdutttd ¢05ts, and ￿UyCrnallce costs wliich %upport the rharily'5 ￿tIVItieS. Thes¢ C06t¥ havc bcen allocat¢d ￿ cxpcndithre on choritabl¢ acrivitits. Thc dlocation of support CUS¢# i5 w]y$#d ill 7. Governjnce costs ithclude ihose ircurred in the gov¢man¢e by the irustees of the eharity's ossets und are pMmaNIy 455ociai¢d with eOAJstiIulion￿ and Ktsltutory requtr¢mLnts of opualiD8 th¢ Gharity. Gov¢rnan¢¢ costs or¢ irtcludcd widiin support costs allo￿ted to rlwitabk aclivity cost& 1.6 TIn￿b]e fixed g8sets T￿gIble fjxed ar¢ initidly meoSllr￿ At ¢oB¢ and subsequently mwured at eart or v41u•tioti. Met of dEprxi4tion d any impli￿£nt I￿￿¢$. F?xlure4 fillings and equipfftenl arc d¢pre¢tated tsw10 yeoTSOll 8 S￿￿18h1 line bows. In 8¢cordan¢¢ wilh Chur¢h Council buildings value the 8¢cO￿nts li bllsed ort tDsuran¢evalu Frcchold huildiiigs ar¢ depTrE1￿￿ oycr SO years oil a straisht-linr basss. No depreciation is char8cd in th¥ 8¢COLuJts on th¢ basis that the rts1th￿l valu¢ of th¢ bE4ildiw ¢x¢eed%ih¢ ¢ost a￿danY depTecigtion £hargevKNld b¢ i5nmat¢Tial. 1.7 1EDpalrnient of fixed ustts At ¢ac& rcpottillg ettd date. the clwiry ￿VIeWS the cllrying #fft¢)uats ofits t#ngible assets to det¢nnillr wbrthcr the￿ is atty inditfrtion th81 thosc assets have •2ffcred imptiim?ettt1065..If w wcb ittdicGtioTr exists. th¢￿e0vtrBblC Df the 4SS¢t is &s1inuted in order to det¢mlille thc ¢xÉeni of the impairttwtit105s (if Btty). IA Casts and t#9h tqufivaltnt$ sh and tLsh quÈYalents include c&sh in han￿ d¢poslts held at¢all WAth bths, oth¢rsbort4a5n liquid itiv¢stmrnts with orisi]JHI m3tu¥ities of thr¢tr llWDths or It83. Hnd b￿￿. OVCTdrati* Bwk ovcrdrttlig aro $hoM* bp[￿WingS CUZTeEkt li#bilitirL page 10 TRINITY METHODIST CHURCH, EAST GRINSTEAD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDEb 31 AifGUST2D22 ACCOU￿tin¥ policies {Cobthiued) The charity has elected to apply the provisions of thti4JB 11 'Bastc Financial I￿StAu￿¢￿ts. atsd S¢¢lion 12 '0thcr Fxnallcial tnstrurneuts t5su¢s' of FRS 102 to all of IL8 fttwiciAI instrun￿llts. provislons of the instrum￿L Finanbi31 a8s¢ts $j￿ tiabiliu¢4 offs¥4 Wtth th¢'n¢t prE¥￿tThI Th th¢ thsanri31 styt#m¢nts. whw th¢r¢ 18 legally enforccoblc rtghtto sctDff th¢ rccognis¢d Ats]ounts wd.thtre Is afjiDteutioTrtD settle on tsnetbosis or to reojise the asset2Dd settle the liabi]ity5irnulthncO￿SIy. Bllslcflnt7ttdtzIos5ets Basie fittftneial assers, whicb ifjclude debtOTS snd cash and b￿k blllan¢es. aft iniltally ttjeasured ar trAnsacYton pri¢¢ includin8 Iransaction costs attd aT¢ subsequently ¢0￿1¢￿ at amortis¢d usin8 Lhc effec(ive intCTe5t Th¢Lhod unl¢%s the trats8¢m¢nt ¢ollstiLuies a fin8DCill8 IronsactiOJ4 where thc transthGUOn is m¢asured Ai ¢h¢ pr¢s¢nt valu¢ of the fil￿re Yeceipts di$￿￿l￿d ai amark¢i¥8ic of int¢T¢S< FiBJnriaJ a¥i¢ts ¢lsssifl¢dAS reegivabkwithln on¢ y￿Hr¢I)0taMOrtis¢ 'Bysic 1s#biliti¥5. I￿luding ¢r¢dYtors *Trd bank Ibfns 4fL inirially r¢￿￿15￿ & u￿S4¢110￿ pti¢c uttlcss th¢ Arr4ngcmcnt GotL%tilUtcs & fiDatLcin¥ ¢fAThsadion, wheTt the debt irn8trumcnt is measured ai tbe prescnt value of the fiJNre poymcnls dis¢ounted 4t a market rate of inierest. Finall¢ial li•bilities classified BS payable withitt ODe year 8ro not D¢b¢lll#nwo¢bts ￿ subs¢qu¢TJtly wried at amortiscd Cos( usimll the effedive intereÉ¢ rfitr meth Ttade creditOJ5 obli8ations to pay for gou&5 or.5crviccs that hove bttn ncquired in the (Trrdinary touayc Df f>pcrotionÉ from supplieTX. Amounts PAyabl¢ or¢ ¢l#ssified as ¢uttent lisbililies if paymenl 16 du¢ wiihin on¢ ymr or la￿. Tf no¥ they are prescntsd 28 non•curreni li&bilitics. Tr&dc crcditor5 arc rccogni5cd iDltially al transartion pri¢¢ and subsrqurnily measurrd &Athottis¢dcos¢usiJg th¢ ¢ll¢i'tiy¢ iJJts¥¢sLJJ¢tho Duecogni*ioR olfinaRcialliAbthii*s Finuncial liabilitics dr￿£08￿]￿￿dwbttTAth# ¢harity'i ¢oNtruG(uaLobli8¥tÈon3 upir¢ or arg d￿￿ed orcallc¢llcd. I.IIJ T¥x4tlou Th¢ charity isJJo¢subje¢tio ooiyoratiott or3t3y Dthex 1&X￿On incnmz wgaiD%ari￿￿S.rm￿.1tsCha[ItohlC￿bJCctsvc Cr£O¢al #¢eounthig oslAm8trs JlldgemEnts It? the.application OF the charity'8 acethmtinÈ poli¢1￿, lh¢ Iiugttt8.&Yt ¥¢quir¢d ro mgke iudgemtnt4 ¢slimaw and assympuons about th¢ carrying amount Df &%sets and liabilitie5 thal 8Ee not readily appllrcnt from other sources. Tjie ¢stLmates and associ*ed assumptions are b2sed on historical ¢xperiellce other f2c(ors thaL ar¢ ¢onysd¢red tu b¢ r¢l¢vallLA¢tu￿ r¢sultsm4y diffeT frortstbes¢ e&timate& The ¢5tima¢¢s and widertyin8 aS5umpiiolls zre reviewed on a¥¥ onsoing busis. Revisions ￿ accoL￿tIng estsmates are X¢¢O8nis¢d in th¢ p¢riod ijj wliich th¢ &%timate is revise41 where the ¥evision ooly t1￿1 perio4 or in tbe puiod or th¢T¢Vi9iOll aMdfjJr&w¢ p¢rio&tswhu¥th¢rcvi5iou4ff¢cts both allrcnt3T￿ famr¢ P￿iDd Cr&ti¢Aljudgements V*luatloll ofHulldl• Builitings sre in¢lu(tul in the at hiswri¢ c05L no dcpreci&tip4 i¥ cJ)orgcd.on tb¢ building on thc basis thai the tstitnated Tf5idLTrI value is itk ex¢e5s tsf thc etsst included tfi the aecourts and depreciation would beimmaterisL PRBe 11 TRtNITY METHODIST CHURCH, EAST GRINSTEAD NOTES TO THE FINAIYCIAL STATEMEI¥4TS (CONTINUED) .FO.R THE IEAR ENDID31A,UGUST2022 Domatiow and offtrEDv iJnrestrlcted UTrrestrAeted Rests4¢t¢d Total geller 2022 desfgnated 202Z 2022 2022 Donations and Offeri￿&$ 75.776 148 38.810 114,734 Uores¢ric*d Ullrurriu￿ Restrit¢cd Th￿dS ds g¢nwxl' thsiBn&i¢d' 2021 2021 Tothl 2021 2021 Donattons aod off¢ritig5 86.126 150 51.798 138.074 Unmtrlrtod Unresirfctcd ruod$ fjjnds general. rral 2022 2021 Rental io¢omr Intcr¢str¢ceiv3ble 40A13 431 24.037 140 40,844 24.177 Other Intome *ttd lthtern21 orpnlutlo Totsl ruDds runds fMthd5 2022 2022 20L2 2022 Otheritt¢o ttltcrnal Organisatioos 7311 188 918 6.027 0.027 730 6.027 188 6J45 Unrestsictd Ut￿¢S￿l¢Led Restrfft¢ted Totsl 12 TRt¥rrY METHODIST CHURCH, XAST GRANSTEAD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EM)ED 3J AUGUST2022 Other1tt¢4Muo 4nd Internal organisgtions (ConttTrued) gentj￿] 2021 dc5i8Dated 2021 2021 2021 Other income 110 1,220 72 72 72 110 1,292 ChirftAblo *ctlvlrf&X aMe$5mettt ot Tlthes 2022 Mlnlsfry 2022 2022 2021 2022 DepreKiation aod impaimt*rt Cir¢uit Asswment ih Donation5-Ththc8 Provision of N(iftiswy In8ufDn¢e widlltilitie Otlkcr Exptsn&cs l5.625 25 l5.570 60,000 17.310 29,155 12.576 4,909 60,000 56.431 56,431 21,047 19.ml 21.047 19.44] 2.964 5JJ38 5&38 60.000 56.431 59,077 5.038 180.546 139,001 ShAre of sovertw￿¢ ¢osts {Èee lloto 7) 2,100 2,100 3,600 60.Q¢JO 56.431 61,177 5.038 182.646 142,601 Ah•lysi$by fund UJtrEStii¥￿df￿llth- eneral Uillrstsictcd S￿￿s. dcsixDaitd Restricted fi]nd& 60.IN)O 31.693 45,527 137320 119,141 15.625 2S 5,03JJ 20,663 24,763 15,48U 7,980 24.738 60.000 56.431 61.177 5.038 14fj.601 page 13 TRINITY IktETH.ODJ.ST CHURCH, EAST GRINSTEAD NOTES TO THE FINAIYCIAL STATEMENTS (COF4TINUED) FQR THEYE4R EJV])ED 31AUGUST21122 Chatlt8ble 8e15vitles IConthiJed) For tbe y¢•r ¢nded JI August 2021 Ctr¢ylt DoD4lloDS- Pravlslon 4f GovcrnaTrce #51e55D]ent or Tlthe MLDIg 2D21 DepreciatioJ aod impaiLTheTkt IS,370 15.370 60.000 17,310 29.155 12,176 4,909 81 Dollations . fxth Provi$iDn ot'MiRISry Io8urance and Utiliti¢J Othcr Expense5 In*rn81 Orsanisauons 17.350 29.155 12.176 4.909 81 6D.QQO 17JlO 61.610 81 139,001 Shox¢ ofgoY¢manc¢ ¢osts (see )Jote 7J 3.600 60.OOQ 17.31ts 65.210 81 142.601 AD&1y￿1 by fknnd UDr¢strict¢d fun(15- 8en¢ral Unr¢stri¢ted klJttds- designated Restricted fund8 10.941 48200 15J99 119.J41 1S,4¥0 7.980 81 6,369 O.t 17,310 65.210 81 142,601 Support cost# Support costs Gpv£rDan¢e ¢ost$ 2022 2021 Indq)cndcntExomin2rn fee iioo 2.1110 3.600 IIOfJ 2.tofy 3.600 Anulysed b¢tw¢e Chariikble kttivities 2.TOO iioo 1600 Trjtsttt No ttustee& otherl)¢nefits or forthryears ende431 Aiigust 2021 and 31 Aw 2020. page 14 NOTES TO THE FINANCIAL STATEllfENT8 (CONTINUED) FOR THE YEAR ENI)ED 31AUGUST2822 Employt¢s Th¢ avew¢ monthly nunkncr tsf ¢tt)p1oY¢￿ dutiog theyearw 2021 Numb¢r I)uting theye4r£(370.0212021..£12504)w&8pwdoutill wagc& Th￿¥Wo¢￿0S0¢ial sea]rity costs orFensi paymerts made itt eitbetyeaL Kcy mOWdsetllent per$0[￿e￿ are considcrcd to bc tsus¢e¢s. Tb¢sre wcrn no ¢o￿lOyeeS whose annuBI T¢mWJ¢Taiion w06 mor¢ thao £60.01)0. 10 T4x4tlo Thr thyrity is ¢xempt from on itscome and gaillb falling within S¢¢ELon 505 of thc Taxes Act 1988 or 8oction 2S2 of theTaxatiottof Cbthryeable GaillsAct 1992 to the extets¢ ththt th¢se ar¢ appli¢d to its cbllritablo objects. T8ttElble flTtd Assets Lltyd ##dFi%iur¢4 iitlloy Co$t At'l Swmber2OZI Additions 2.9QO.I)DiI 168.YU8 2.549 3.068,908 2.549 At 31 Au8UHt 2¢122 1900.000 171.43? 1071,457 At I ScpretDbcr2021 Depr¢ciatioD ckargcd in ¢b¢y '11)11326 15.625 IDO,326 15.625 At31 Ao8U%t2022 IIS.9St 115.951 Carrylllg amouDt Ai 3l August 2f I9￿,4)[￿$ 55,506 2',955.506 At 31 Aw 2¢)21 2.9)o,otK) 68.582 2,968,$82 AII MGthodi4 Chur¢h¢s ore oW￿¢d by tn￿tte¥ for Mtthodist church putpose$ Df Centtal buildytigs* Oldbgm StrEe4 ikncb¢strr. The ￿05t of abquÉtTU& posperty and" dtvelowt gre Y¢Aected In the accou1￿ of Triniry Mtthtidist Churc14 FA%r Grinstcod on the b&si$ that the Tt￿t￿$ Are r$spoJisible for the butldiJ)g QLTd the 5Lthtllnce of the tr8nsactioB is th4¢TriviryM¢thodistChw¢l4 Fast Grinst¢ad owi the propty. pagc 15 TRINITY METHODIST CHURCIL EAST GRINSTEAD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YE4REM)ED 31AUGUSI2022 12 Debtors 2022 2Q21 Amounts f&lling due wlthin one year. Prepayrneots and acewed incom 21.528 21.722 13 Loams and overdrdft6 2022 2011 OthBr10gns 42.500 87JQO Payable within one y Payabl¢ 4Lllcr ott¢yedr 42,500 45,000 42,500 14 Credlion". amoU￿ts falllng duewlthlD ontytlr 2022 2021 Borrowryngs Accru&kn alldd¢f¢rr¢d i￿0￿¢ 45.000 19,797 111,992 61,492 64,797 IS f.r¢dltori.' *mounti falung du¢ after Mort thin one ytwr 2021 Borrowitigg page 16 Cor4 ¢rJ *oth I TRINITYMETHODIST CHURCIL EAST GRINSTEAD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 A UGUST2022 18 An4Jy$ts of mct asscts between funds Ullrestrlt¢ed De3lgnated rund8 funds 2022 2012 Restrlcted fuDd5 2022 Total 2022 Fund balancGs al31 Auxust 2022 ar£repr￿c￿tcdby.' TOn￿￿]e assets CU￿ent asseAsI(liabilidcs) 2,955506 {11888) 2,955506 125200 81,588 56.500 81.588 2.942,618 56.500 3.080,706 Unr¢6tiictrd D￿jgnated fiind& 2021 Restrtcted Totsl 2021 2021 2021 Fund bslaDces at 31 Au8usr 2021 Tcpres¢nt¢d by.. Tangible assets Omt ￿￿eL￿(l*￿IllIitie$) 2,968J82 (16.255) (42,51KI) 2.968.582 174,747 (42.500) 104.007 86.995 104,007 2.909.827 86.995 3.IQO,829 19 Relatrd party tr*nntdoll8 Ther¢ wer¢ no disclos8ble related paty tTawactioJ]8 during the ycHr {2021- Don¢). PBge 20