**Church Accruals Accounts 2021 - 2022** # **THE METHODIST CHURCH TRUSTEES’ REPORT AND ACCOUNTS** # **(ACCRUALS BASIS) For the year ended 31[st] August 2022** ## **SOLIHULL METHODIST CHURCH** **Charity Registration number 1127682 BIRMINGHAM** Circuit No 5.1 eeee **Minister REVEREND MOLLY CHITOKWINDO** ~~eT~~ **Church Stewards Mr Alan Faulkner (to 31.05.22) Mrs Susan Kelley (to 31.05.22) Mr Jeremy Pearce (to 31.05.22) Mrs Cathy Coleman Mr Howard Staight Mrs Karen Robertson Mr Peter Austin Mrs Elizabeth Pickles (from 01.06.2022) Mr Glen Mullineux (from 01.06.2022) Caroline Hinchliffe Church Treasurer** ~~eT~~ ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## Contents |**Section**|**1 Overview Report**.................................................................................................................... 4| |---|---| |**1.1**|**Introduction**............................................................................................................................ 4| |**1.2**|**Mission Statement**.................................................................................................................. 4| |**1.3**|**Worship, Care and Mission in 2021-2022**.............................................................................. 4| |**1.4**|**Groups run by Solihull Methodist Church**.............................................................................. 5| |**1.5**|**Groups from the wider community**........................................................................................ 6| |**1.6**|**Further service to the community and beyond**..................................................................... 7| |**1.7**|**Plans for 2022-2023**................................................................................................................ 7| |**Section**|**2: Finance and Governance**...................................................................................................... 7| |**2.1**|**Basis of preparation and Legal Framework**........................................................................... 7| |**2.2**|**Aims and Purposes**................................................................................................................. 9| |**2.3**|**Public Benefit**.......................................................................................................................... 9| |**2.4**|**Structure, Governance and Management**............................................................................. 9| |**2.5**|**Trustee Training**.................................................................................................................... 10| |**2.6**|**Related Parties**..................................................................................................................... 10| |**2.7**|**Income trends**....................................................................................................................... 10| |**2.8**|**Expenditure trends**............................................................................................................... 10| |**2.9**|**Fund balances including Reserves Policy**............................................................................. 11| |**2.10**|**Risk Management**................................................................................................................. 12| |**2.11**|**Safeguarding**......................................................................................................................... 12| |**Section**|**3: Accounts**.............................................................................................................................. 14| |**3.1 Statement of Financial Activities (SOFA) for the year ended 31 August 2022**........................ 14|| |**3.2 Balance Sheet as at 31 August 2022**......................................................................................... 15|| |**3.3 Notes to the accounts for the year ending 31/08/22**.............................................................. 16|| |**1.**|**Accounting policies**............................................................................................................... 16| |**2.**|**Interest & Investment Income**............................................................................................. 18| |**3.**|**Other Charitable Income**...................................................................................................... 18| |**4.**|**Income from use of Premises**............................................................................................... 18| |**5.**|**Other Income**........................................................................................................................ 19| |**6.**|**Fees for examination or audit of the accounts**.................................................................... 20| |**7.**|**Payment to Trustees**............................................................................................................. 20| |**8.**|**Paid employees**..................................................................................................................... 20| |**9.**|**Tangible Fixed Assets**............................................................................................................ 21| |**10.**|**Investments**.......................................................................................................................... 22| **2 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** **11. Leasing Commitments** .......................................................................................................... 22 **12. Analysis of current assets** ..................................................................................................... 23 **13. Analysis of current liabilities and long term creditors** ........................................................ 23 **14. Detailed analysis of individual fund movements 2021/22** ................................................. 24 **15. Related party transactions** ................................................................................................... 25 **Appendix A** ........................................................................................................................................... 26 **3 |** P a g e **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## Section 1 Overview Report ## **1.1 Introduction** The charitable objects of Solihull Methodist Church are those of the Methodist Church, and include commitment to Christian service through worship, prayer and community involvement, which provides significant public benefit. ## 1.2 Mission Statement We believe that to make the all-embracing love of Jesus Christ known, we need to be brave in God’s changing world, so that all can belong and find hope. We express this desire in the words, “Linking our Community to Christ”. ## 1.3 Worship, Care and Mission in 2021-2022 Reverend Molly Chitokwindo became our minister in 2021. She is also Minister of two other churches. It has been a great pleasure to get to know her and to hear her preaching. COVID19 restrictions were gradually reduced following the relaxation of government rules in April 2022. Live-streaming of services to people able to access You Tube has continued. This has been a great asset encouraging new people to worship with us when they could not worship at their own churches. Those unable to use the internet still have CDs of the service taken to them in the following days. Live streaming is now only 2 weeks of the month because of a lack of technical volunteers. There has been a steady return of worshippers who had felt unable to come during the pandemic. In addition to this, people who used to watch online have also come along and the church have welcomed a large number of new worshippers who have emigrated from Hong Kong. The Hong Kongers are Cantonese speakers and the Bible readings are now read in Cantonese and English. Our congregation has increased by 50% since 2021. The children and young people have resumed their face to face attendance at Young Church but with a hybrid arrangement to include those in other countries or those unable to attend physically. They come into church to tell us about their activities at the end of each service. Babies and small children are welcomed into church with the creche mat and toys for use during the service. On Tuesdays at 9.30am there are services of Holy Communion. It has also been possible to resume the monthly evening service of Holy Communion with prayers for healing. Prayers for the world continue on Zoom every Wednesday. All requests for prayers for specific situations and people are considered prayerfully. **4 |** P a g e **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** House groups of members are meeting weekly, fortnightly or monthly for fellowship and worshipful study. The Church newsletter has continued to be provided by email and delivery for those without internet, giving interesting articles and encouragement about local, national and international matters. The Greener Church committee has continued its progress towards a gold eco-award. The Property Committee have replaced faulty double glazing in the Community Centre and are investigating solar panels and all other means of reducing energy bills since the tariff has risen so sharply. Wiring has been installed in the Young Church room to allow wired internet rather than wifi. This has made it possible for hybrid meetings to occur live through Zoom. A replacement cross has been erected externally near the roof of the church to illuminate our premises and witness to travellers at night. ## 1.4 Groups run by Solihull Methodist Church Our church and community centre are widely used by over 60 regular groups. Most groups returned in September 2021. **NEW Shall We Talk (Café Connect).** At the beginning of 2022, the Church embraced the influx of people from Hong Kong, helping them to network, share their culture and to integrate into British society. It started on 7[th] January organised by Rev Molly with the help of Ping Ting Chen and others from the Northfield Chinese Church with 65 people. This came to the notice of FaithAction who provided training, materials and £5000 to support the work. In April, members of both churches were trained, and materials received from FaithAction for a weekly meeting for the Hong Kongers to improve their English speaking and familiarise themselves with British culture. They are signposted towards help in areas such as employment, how to purchase property in the UK, and how to register with the NHS. This has been a great success and over 70 people have attended the sessions. Northfield Church then decided that they were going to start their own program and in June 2022 the Solihull Church Council agreed to adopt the group and it becomes a Solihull Methodist Internal Organisation from the restart in September. **Pushchair Club** offering play and friendship to parents, carers and grandparents of preschool children continue to have a morning session, with the help of members of the church making refreshments and chatting to parents. The **Tuesday Men’s Coffee Group** continues. These retired gentlemen enjoy coffee, cake and conversation often debating the big issues in the news. **Friday Friendship Café** , encourages those who live alone to drop in for a chat. **5 |** P a g e **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** **Badminton** players gather every Thursday evening to keep themselves fit playing badminton. Some participants are church members, Hong Kongers and members of other churches. The youth club, **ENERG** , meets weekly. **SMASH, Solihull Methodist Church‘s drama group** which rehearses twice a week, with a large number of people from church and outside, performed ‘This is the Moment - Songs from the Shows’ in March 2022. **Scouts, Cubs, Beavers, Brownies and Rainbows** are all meeting weekly in the Community Centre. ## 1.5 Groups from the wider community The Church is pleased to offer space for an increasing number of activity groups for people with health problems. These are heavily subsidised by the church as an indication of our care for the more vulnerable of our society. All of these groups returned in September 2021. ## **Concessionary Lettings** **Alzheimer’s Activity Group** meets weekly in the Church building. It is an activity group run weekly by the Alzheimer’s Association. **Birmingham Ileostomy Association:** a coffee morning for people with Ileostomies and their carers for mutual support. **Breast Friends** , a monthly support group for people with breast cancer. **Deaf Feel Good** : meet every other week to communicate using British Sign Language. **Focus on Dementia** : Small support group for those with dementia. **Gentle Exercise** : this exercise class used to be run by the Osteoporosis Society and still has a number of people with this condition and those who cannot take part in strenuous exercises. **NEW Mental Health Matters:** a drop-in session for people with mental health problems. They began to meet in April 2022 on Saturday and Sunday evenings for mutual support. **Parkinsons** : a very large group of people who exercise to help their condition. This also serves as a support group during the tea break. **Singing for the Brain:** people with dementia and their carers meet once a month for singing which is a recognised therapeutic aid for those whose memories are failing. **Solihull Prostate Support Group** : a monthly meeting for gentlemen with Prostate Cancer. Speakers from various medical departments and a buddy system of support are both a big part of these meetings. They are Zooming their meetings to groups all over the country. **West Midland Autism:** adults with autism meet once a month as a support group and for various talks on coping with their condition. **6 |** P a g e **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## **Interest Groups** A number of Interest Groups use our premises. Many of these are linked to the University of the Third Age with sub-groups for ukelele players, gardening, craft, book group, choral singing, painting and history. Creative Textiles and other Textile Groups are regular visitors. A Speakers Club meets fortnightly. There are also 4 choirs using our premises. ## 1.6 Further service to the community and beyond The Church has continued to collect non-perishable food for **Foodbanks** . Many non-church user groups also contribute to this which enables us to donate a large amount of food. **Building 4 Hope** . Solihull Methodist Church has a yearly project to raise funds for different organisations. From February 2022 it has been a local charity called Building 4 Hope which is reaching and supporting vulnerable young adults, focusing on construction-skills training, help in gaining employment and life skills development. With a programme of concerts, quiz, beetle drive and cake sale so far about £6000 has been raised. **Pastoral visiting** has continued with our large team of visitors going to see a number of people each month to look after their welfare. ## 1.7 Plans for 2022-2023 **Shall We Talk** will resume in September 2022. Church members and some Hong Kongers will be producing the materials for delivery and it is hoped that further funding will be available from FaithAction to continue this valuable work. It is expected that more people from Hong Kong will arrive during this year and further courses will be necessary. There are plans for a **new projection screen** for the church to enable hymns and group resources to be seen more clearly. A newly formed Church Life and Mission Committee are developing plans which is considering producing proposals for the addition of a new Church worker funded by the Pam Brown Legacy. ## Section 2: Finance and Governance ## **2.1 Basis of preparation and Legal Framework** Solihull Methodist Church is a church within the Methodist Connexion in Great Britain and these Financial statements including the Trustees Annual Report have been prepared in accordance with the constitution, practice and discipline of that Church. Solihull's Methodist Church's Annual Report and Accounts for the year ended 31st August 2022 have been prepared in accordance with the Charities Act 2011 and the Charities: Statement of Recommended Practice 2015 as applicable to the Financial Reporting Standard (FRS) 102: **7 |** P a g e **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION** ## **For the year ended 31[st] August 2022** Registration Charity Number: **1127682** Date of registration: **January 2009** **Solihull, B91 1LG** The members of the Solihull Methodist Church Council are the Charity Trustees, membership being made up, in accordance with Standing Order 610 of the Constitutional Practice and Discipline of the Methodist Church in Great Britain, of church office holders, Minister and representatives appointed by the General Church Meeting. A Full list of Church Council members (i.e. Managing Trustees) is shown in Appendix A. Caroline Hinchliffe acted as the principal officer overseeing the day-to-day financial management and accounting for the church during the year. **Auditors:** Wallace Crooke, Wallace House, 20 Birmingham Road, Walsall, West Midlands, WS1 2LT **Investment Bankers:** Central Finance Board of the Methodist Church Trustees for Methodist Church purposes **Funds are Held at:** HSBC Bank, CAF Bank, Trustees for Methodist Church Purposes & Central Finance Board of The Methodist Church **8 |** P a g e **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## **2.2 Aims and Purposes** The charitable objectives of Solihull Methodist Church are in accordance with the Purposes of the Methodist Church of Great Britain as set out in Section 4 of the Methodist Church Act 1976. That section states that: - "The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union the advancement of: a) The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church. b) Any charitable purpose for the time being of any Connexional, District, Circuit, local or other organisation of The Methodist Church. c) Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church. d) Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist Church.” The aims and calling of Solihull Methodist Church are in line with the Methodist Church of Great Britain which are: 1. Worship – to increase awareness of God’s presence and to celebrate God’s love. 2. Learning and Caring – to help people to learn and grow as Christians, through mutual support and care. 3. Service – to be a good neighbour to people in need and to challenge injustice. 4. Evangelism – to make more followers of Jesus Christ. Within those aims and purposes, Solihull Methodist Church has its vision to make the all-embracing love of Jesus Christ known, being brave in God’s changing world, so that all can belong and find hope. ## **2.3 Public Benefit** We confirm the trustees have had regard to the guidance on public benefit published by the Charity Commission in compliance with its duties under section 17 of the Charities Act 2011. At Solihull Methodist Church, we seek to provide public benefit in the ways mentioned in section 2.2 above by building relationships with all members of our community. That includes those who worship with us regularly, those who make use of our premises, those who commute past our grounds, and those who live in the neighbourhood. ## **2.4 Structure, Governance and Management** The governing document for the church is the Deed of Union (1932) and Methodist Church Act (1976). Detailed governance arrangements are outlined within the Model Trusts, and the Constitutional Practice and Discipline of the Methodist Church (CPD) published by order of the annual conference. Day to day management of the church is undertaken by the Church Leadership Team, consisting of Stewards and other officers along with the Minister. **9 |** P a g e **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** The Trustees are appointed ex officio in accordance with Standing Order 610 of CPD, or at the annual General Church Meeting. ## **2.5 Trustee Training** A range of guidance produced by the Methodist Church of Great Britain to support the effective running of the church and the role of Trustees is given to the Church Trustees when they are asked to complete the declaration of eligibility for newly appointed trustees and at meetings. ## **2.6 Related Parties** "The Church is part of the Birmingham Circuit which is part of the Birmingham District and is also accountable to the Methodist Conference. 1. SMASH (Solihull Methodist Acting & Singing in Harmony), 2. Pushchair Club, 3. Soupa Talks, 4.Badminton Club, 5. ENRG (Youth Club), 6. Men’s Coffee Club, 7. Contact Choir. 8. JMA (Junior Mission for All). ## **2.7 Income trends** The Church income is primarily drawn from the giving of the congregation in weekly offerings in the context of worship and by regular bank standing orders. The year began with some covid restrictions continuing on a voluntary basis but slowly services have returned to pre covid procedures and numbers have increased. The trend of income drawn in this way is slightly negative although there have been small signs of improvement in recent months. External lettings (the other major source of income) have returned to pre covid levels and have more than made up for any other shortfall. The car park licence income has also been healthy and internal organisations that meet in church buildings have again been making a helpful contribution to church income. ## **2.8 Expenditure trends** Monitoring expenditure is done using the General fund figures (excluding the depreciation of fixed assets and the interest/charges associated with the Pam Brown legacy). The major item of expenditure is in relation to the assessment paid to the Birmingham Circuit. A significant amount of the Circuit assessment is used to pay the district assessment, Ministers stipends, related costs to Ministers and Family and Community workers and also Youth Workers within the Circuit. £127,300 was paid in 2021/22 representing 66% of our general fund expenditure. The Trustees originally decided in June 2021 to decrease our assessment for 2021/22 to £120,000 due to the budgeted deficit. However, once it became clear that income was better than budget predictions, the Church Council voted to add the extra £7,300 to make it equal to last year’s figure. This is particularly encouraging in the light of the increased energy costs faced during the year. The church gas supplier DYCE defaulted on its contract, and there was a very expensive period before a new contract with SSE was possible. With further large increases in energy costs the contracts, which run to 2024, should help to protect the church from the worst of the increases. 21% (£41,254) of the church's expenditure relates to property expenses i.e., heating, lighting, water, insurance, maintenance of grounds, pianos, and organ as well as other repairs and renewals to keep the buildings in good repair. Property expenditure has been more than covered by the total lettings including car park and contributions from church internal organisations enabling the premises to be kept in good order. Other Church expenditure is used firstly to provide and communicate, within the community, the Christian teaching and worship of the Church, and secondly to maintaining an office with all its associated costs. The budget for 2022/23 starts with a healthy reserve but is set against a background of increasing costs and general giving that has not kept pace in recent years. Again in 2022/23 the church is **10 |** P a g e **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** budgeting for a deficit, i.e. expenditure is more than the income. The Circuit Assessment is again reduced to £120,000 to help reduce the deficit and the situation will be reassessed later in the year. ## **2.9 Fund balances including Reserves Policy** ## **Model Trust Legacy** As seen in last year’s report, in July 2020 the Church was fortunate to receive a Model Trust Legacy of £247,678 from one of our former members. This is classed with the General Fund as unrestricted funds. The Legacy is being held with the TMCP (Trustees of Methodist Church Purposes) but Solihull Methodist Church trustees are the managers of the money. It was decided not to use this legacy to support the general running of the Church except in exceptional circumstances. A small group, who reports to the Church Council, manages the fund and is a conduit for ideas from the church members on how to spend the legacy. £25,000 has so far been allocated to development of Online Streaming and the encouragement of small mission projects. Making plans has been difficult as meetings have often had to be cancelled and rearranged for a variety of reasons, often covid related. The new Minister is now starting to guide the vision of the community and the use of these funds. ## **A. Unrestricted Funds** The church has substantial property and believes that it is prudent to maintain between 3 and 5 months of expenditure in its general unrestricted fund reserves to provide for normal, planned and reactive maintenance costs, in addition to paying the circuit assessment which according to CPD (Constitution, Practice and Discipline of the Methodist Church) is the first call on our reserves. On 31st August 2022 General fund reserves were £109,193. This represents 6.8 months of expenditure. The reduction in Circuit Assessment for 2022/23 means that there is a budgeted deficit of £13,390 but it should be possible to maintain reserves within our Reserves Policy. Model Legacy Unrestricted Fund balance as at 31.08.22 of £221,518 is classed as unrestricted funds . ## **B. Designated funds** Balance at 31.08.22 of £56,413 relates to - Youth & Children's work £2,129 - Property reserve £27,722 - Gifts with a wish for energy conservation projects but no binding obligation £384 - Gifts with a wish for young people's work but no binding obligation £2,201 - Online streaming of services and associated expenses £15,664 - Provision for small mission/community projects £4,795 - Gifts with no binding obligations £2,477 - Gifts to replace the Blue Cross £1,041 Details are given in Note 14 of these accounts. ## **C. Restricted funds** Balance at 31.08.22 of £25,015 relate to gifts/legacies and other monies that are only used within the terms attached to them. - £3,832 of the restricted funds are held in the 2018/19 Church Project Fund which raised money to help a Syrian family start a new life in the UK. An initial payment of £2,000 has been made in 2020/21 to a charity bringing Syrian families to the UK. The next two instalments have been paid in 2021/22 and the balance will be due before the end of 2022. **11 |** P a g e ## **SOLIHULL METHODIST CHURCH** ## **TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** - £1,559 of the restricted funds is held in the Benevolent Fund which receives donations from the retiring collection after communion services and the Church is able to react immediately to local and worldwide emergency appeals after natural disasters etc. After Zoom meetings with leaders from the Methodist Church in Ukraine £1,000 was promised, £4,400 already having been sent to other Charities working in Ukraine. This money then proved very difficult to send. It was placed in the Special collection fund until a way could be found. All We Can will send the money once they have received a report on earlier funds sent. This is expected to be by October 2022. - The Church Council has agreed to give money to a carbon offsetting organisation to cover the energy use by the church from carbon sources for the next 3 years. The Net Zero fund gives members an opportunity to contribute directly to these costs. It currently holds £79. - The new project that the church is raising funds for is Building 4 Hope. They seek to bring hope by reaching and supporting vulnerable young adults, focusing on construction skills training, help in gaining employment and life skills development. So far it has raised £5,798. - Other restricted funds amounting to £2,648 relate to monies held for various Church groups and these are released as and when requested by those organisations. - £10,098 represents the balances held by the internal organisations linked to the church. - Details are given in Note 14 of these accounts. ## **D. Endowment fund** Balance at 31.08.22 of £4,875 is restricted. The accumulated interest (£542 at 31.08.22) is restricted to fund children's and youth work. The capital has been invested in a corporate bond through TMCP. The valuation at 31.08.22 was £4,328 with a balance of £4 held by TMCP. ## **2.10 Risk Management** The major risks have been identified and a Health & Safety officer sits on the Church Council and regularly reviews all aspects of risk management and reports to the Trustees. This position has become vacant in the year 2021/22 and a replacement is being sought. Currently Stewards are working with the Council to prevent/mitigate access issues that may be caused by the development of the Solihull Integrated Transport Hub. Income and Expenditure is being monitored in total and is compared with the approved annual budget twice a year to detect trends as part of the risk management process to avoid unforeseen calls on reserves. A biannual financial review is undertaken to help minimise risks in the income and expenditure processes. ## **2.11 Safeguarding** Every person has a value and dignity which comes directly from the creation of male and female in God’s own image and likeness. Christians see this potential as fulfilled by God’s re-creation 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. Methodist Connexional practice outlines commitment to the following principles: - the care and nurture of, and respectful pastoral ministry with, all children, young people, and adults. **12 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** - the safeguarding and protection of all children, young people, and adults when they are vulnerable. - the establishing of safe, caring communities which provide a loving environment where there is informed vigilance as to the dangers of abuse. - the selection and training of all those with any responsibility within the Church, in line with Safer Recruitment principles, including the use of criminal records disclosures and registration with the relevant vetting and barring schemes. - the response, without delay, to every complaint made which suggests that an adult, child, or young person may have been harmed, cooperating with the police and local authority in any investigation. - seeking to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care. - challenging any abuse of power, especially by anyone in a position of trust. - offering pastoral care and support, including supervision and referral to the proper authorities, to any member of our church community known to have offended against a child, young person, or vulnerable adult. ## **In all these principles we will follow legislation, guidance and recognised good practice** Solihull Methodist Church commits itself to ensuring the implementation of Connexional Safeguarding Policy, government legislation, guidance and safe practice within our Church premises. Solihull Methodist Church commits itself through its safeguarding officer and team to the provision of support, advice and training for all volunteers, lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable. **13 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## Section 3: Accounts ## **3.1 Statement of Financial Activities (SOFA) for the year ended 31 August 2022** |||||||||| |---|---|---|---|---|---|---|---|---| |**3.1 Statement of Financial Activities(SOFA) for theyear ended 31 August 2022**||||||||| |||**Notes to**
**the**
**accounts**|**General Fund**
**(Unrestricted)**|**Designated**
**Funds**
**(unrestricted**|**Restricted**
**Funds**|
**Endowment**
**Funds**|**Total**
**2021-22**|**Total**
**2020-21**| ||||£|£|£|£|£|£| |**Income**||||||||| |1|Weekly Collections & Standing orders||110,188
**110,188**
26,212
944
1,925
**29,081**
1,534
4,782
**6,316**
**0**|||||**112,503**| |2|Gift aidincluding GASDS|||||||**35,618**| |3|Donations|||||||**4,589**| |4|Legacies|||||||**1**| |5|Interest andinvestmentincome|2,2a|3,016
78
**3,094**|||||**1,014**| |6|Internalorganisations||17,807
**17,807**
20,105
**20,105**
70,471
**70,471**
1,040
**1,040**|||||**2,109**| |7|Other charitable income-collections,
donations & charity fundraising activities|3,3a||||||**40,424**| |8|Incomefromuse ofpremises|4,4a||||||**22,513**| |9|Other Income|5,5a||||||**584**| |10|**Total income**||**212,461**|**5,726**|**39,837**|**78**|**258,102**|**219,355**| |**Expenditure**||||||||| |11|Circuit assessment orshare||127,300
**127,300**
13,675
**13,675**
14,049
**14,049**
28,066
9,939
**38,005**
15,676
**15,676**
4,400
**4,400**
8,647
358
15
**9,020**
1,460
300
3,442
600
**5,802**
20,811
**20,811**|||||**127,300**| |12|Salaries,N.I.&PensionCosts|8||||||**10,510**| |13|Donations to Methodist connexional
Funds and otherCharities|||||||**13,489**| |14|Propertyrepairs andmaintenance|||||||**33,970**| |15|Insurance, utilities etc|||||||**9,738**| |16|Depreciation|||||||**4,400**| |17|Office expenses including advertising,
marketing & legal requirements eg
copyrightlicence & audit|6,11||||||**7,534**| |18|Other expenditure-including Christian
teaching, worship, activities and fund
raising costs|||||||**843**| |19|Internalorganisations|||||||**6,216**| |20|**Total charitable expenditure**||**199,224**|**10,239**|**38,660**|**615**|**248,739**|**214,000**| |||||||||| |21|Gains/(losses) on monetaryinvestments||-4,488
-880
**-5,369**
**0**|||||**848**| |22|Gains/(losses) on investment properties|||||||**0**| |||||||||| |23|**Net income/(expenditure)**||**8,749**|**-4,513**|**1,176**|**-1,417**|**3,995**|**6,203**| |||||||||| |24|Transfers between funds||-20,012
20,012
**0**
**0**|||||**0**| |25|Othergains/(losses)|||||||**0**| |||||||||| |26|**Net movement in funds**||**-11,263**|**15,499**|**1,176**|**-1,417**|**3,995**|**6,203**| |27|Total funds broughtforward||4,548,375
40,914
23,839
6,292
**4,619,421**|||||**4,613,217**| |||||||||| |28|**Total funds carried forward**||**4,537,112**|**56,414**|**25,015**|**4,875**|**4,623,415**|**4,619,420**| |||||||||| |||||||||| |||||||||| |||||||||| |**For information only**
Moneyreceived and passed ontoExternalOrganisations||||||**2022**|**2021**|| |Balance broughtforwardfrom last year||||||0|0|| |Offerings/Gifts etc- receivedfor ExternalOrganisations||||||2,104|1,503|| |Offerings/Gifts etc-passed toExternalOrganisations||||||1,914|1,503|| |Balance carried forward||||||190|0|| |||||||||| **14 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## **3.2 Balance Sheet as at 31 August 2022** |**SOLIHULL METHODIST CHURCH**
**TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION**
**For the year ended 31[st] August 2022**|**SOLIHULL METHODIST CHURCH**
**TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION**
**For the year ended 31[st] August 2022**|**SOLIHULL METHODIST CHURCH**
**TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION**
**For the year ended 31[st] August 2022**|**SOLIHULL METHODIST CHURCH**
**TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION**
**For the year ended 31[st] August 2022**|**SOLIHULL METHODIST CHURCH**
**TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION**
**For the year ended 31[st] August 2022**|**SOLIHULL METHODIST CHURCH**
**TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION**
**For the year ended 31[st] August 2022**|**SOLIHULL METHODIST CHURCH**
**TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION**
**For the year ended 31[st] August 2022**|**SOLIHULL METHODIST CHURCH**
**TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION**
**For the year ended 31[st] August 2022**| |---|---|---|---|---|---|---|---| |**3.2 Balance Sheet as at 31 August 2022gust 2022ust 2022**|||||||| ||**Notes to**
**the**
**accounts**|**General Fund**
**(Unrestricted)**|**Designated**
**Funds**
**(Unrestricted)**|**Restricted**
**Funds**|**Restricted**
**Endowment**
**Funds**|**Totals**
**2022**|**Totals**
**2021**| |||£|£|£|£|£|£| ||||||||| |**Fixed Assets**|||||||| |Churchbuildings &Equipment
~~|rc~~
~~nD~~|9
~~nD~~|4,206,400||~~||~~|~~||rrr—<—i—“—sti—~irsSC‘(Csi‘(C‘CS~~|4,206,400
~~rrr—<—i—“—sti—~irsSC‘(Csi‘(C‘CS~~|4,210,800
~~rrr—<—i—“—sti—~irsSC‘(Csi‘(C‘CS~~| |Investment properties
~~|rc~~
~~tti“(“‘(‘_’s_sdLUvUlLUUUUUCGfpppy,—~~
~~nD~~|~~tti“(“‘(‘_’s_sdLUvUlLUUUUUCGfpppy,—~~
~~nD~~|~~tti“(“‘(‘_’s_sdLUvUlLUUUUUCGfpppy,—~~|~~tti“(“‘(‘_’s_sdLUvUlLUUUUUCGfpppy,—~~
~~GG~~|~~tti“(“‘(‘_’s_sdLUvUlLUUUUUCGfpppy,—~~
~~||~~
~~GG~~|~~tti“(“‘(‘_’s_sdLUvUlLUUUUUCGfpppy,—~~
~~||rrr—<—i—“—sti—~irsSC‘(Csi‘(C‘CS~~
~~GG~~|0
~~tti“(“‘(‘_’s_sdLUvUlLUUUUUCGfpppy,—~~
~~rrr—<—i—“—sti—~irsSC‘(Csi‘(C‘CS~~|0
~~tti“(“‘(‘_’s_sdLUvUlLUUUUUCGfpppy,—~~
~~rrr—<—i—“—sti—~irsSC‘(Csi‘(C‘CS~~| |Investments
~~| rc~~
~~nD~~
~~po~~|10
~~nD~~
|76,423
|~~GG~~
|~~||~~
~~GG~~
|4,328
~~||rrr—<—i—“—sti—~irsSC‘(Csi‘(C‘CS~~
~~GG~~
|80,751
~~rrr—<—i—“—sti—~irsSC‘(Csi‘(C‘CS~~
|46,115
~~rrr—<—i—“—sti—~irsSC‘(Csi‘(C‘CS~~
| |**_Total fixed assets_**
~~nD~~
~~po~~|~~nD~~
|**4,282,823**
|**0**
|**0**
~~||~~
|**4,328**
~~|| rrr—<—i—“—sti—~irsSC‘(Csi‘(C‘CS~~
|**4,287,151**
~~rrr—<—i—“—sti—~irsSC‘(Csi‘(C‘CS~~
|**4,256,915**
~~rrr—<—i—“—sti—~irsSC‘(Csi‘(C‘CS~~
| |~~po~~|||||||| |**Current Assets**
|||||||| |Debtors and prepayments
|12

~~ee~~|46,563

~~ee~~|500

~~ee~~|5

~~ee~~||47,068
|38,818
| |Trustees for Methodist Church
Purposes-(TMCP)-Model Trust
~~es~~|~~es~~
~~ee~~|61,095
~~es~~
~~ee~~|~~es~~
~~ee~~|~~es~~
~~ee~~|~~es~~|61,095
~~es~~|193,328
~~es~~| |TMCP
~~es~~
~~es~~|~~ee~~
~~es~~
~~a~~|~~ee ~~
~~es~~
~~es~~|~~ee ~~
~~es~~
~~es~~|~~ee~~
~~es~~|4
~~es~~|4
~~es~~|4
~~es~~| |Central Finance Board Deposits
~~es~~
~~es~~
~~es~~|12
~~es~~
~~a~~|40,514
~~es~~
~~es~~
~~GG~~|55,913
~~es~~
~~es~~
~~GG~~|15,127
~~es~~
~~GG~~|543
~~es~~|112,097
~~es~~
~~QO~~|109,151
~~es~~| |CashatBankandin hand
~~es~~
~~es~~
~~pO~~|12
~~a~~|110,809
~~es~~
~~GG~~
~~GG~~|~~es~~
~~GG~~
~~GG~~|~~GG~~
~~GG~~||110,809
~~QO~~|13,073| |-Other- InternalOrganisations
~~es~~
~~es~~
~~pO~~|12
~~a~~|~~es~~
~~GG~~
~~GG~~|~~es~~
~~GG~~
~~GG~~|10,098
~~GG~~
~~GG~~||10,098
~~QO~~|13,102| |**_Total current assets_**
~~es~~
~~pO~~||**258,982**
~~GG~~
~~GG~~|**56,413**
~~GG~~
~~GG~~|**25,230**
~~GG~~
~~GG~~|**547**|**341,172**
~~QO~~|**367,476**| |**Current liabilities**
~~pO~~
~~sD~~|~~sD~~|~~GG~~
~~sD~~|~~GG~~
~~sD~~|~~GG~~
~~sD~~|~~sD~~|~~sD~~|~~sD~~| |Creditors & accruals (due in
under 1year)
~~pO~~|13|4,693||215||4,908|4,971| |Grantspayable within 2022-23
~~pO~~
~~po~~|~~es~~|~~QQ~~|~~QQ~~|~~QQ~~||0|0| |**_Total current liabilities_**
~~pO~~
~~es~~
~~po~~|~~es~~
~~es~~|**4,693**
~~es~~
~~QQ~~|**0**
~~es~~
~~QQ~~|**215**
~~es~~
~~QQ~~|**0**
~~es~~|**4,908**
~~es~~|**4,971**
~~es~~| |**_Net current assets/liabilities_**
~~po~~|~~es~~|**254,289**
~~QQ~~|**56,413**
~~QQ~~|**25,015**
~~QQ~~|**547**|**336,264**|**362,505**| |~~po~~
~~G~~|~~es ~~
~~G~~|~~QQ~~
~~G~~|~~QQ~~
~~GG~~|~~QQ~~
~~G~~|~~G~~|~~G~~|~~G~~| |**_Total assets less current_**
**_liabilities_**
~~G~~
~~a~~|~~G~~|**4,537,112**
~~G~~|**56,413**
~~GG~~|**25,015**
~~G~~|**4,875**
~~G~~|**4,623,415**
~~G~~|**4,619,420**
~~G~~| |~~a~~|||||||| |**Long term liabilities**
**(due after more than one year)**
~~a~~|**Long term liabilities**||~~GO~~|~~GO~~|~~GO~~||| |Grants payable after 2022-23
~~ss~~
~~po~~|~~ss~~
~~ss~~|~~ss~~
~~ss~~|~~ss~~
~~GO~~
~~Q~~|~~ss~~
~~GO~~|~~ss~~
~~GO~~|0
~~ss~~|0
~~ss~~| |Loans to the Church
~~es~~
~~po~~|~~es~~
~~ss~~|~~es~~
~~ss~~|~~GO~~
~~es~~
~~Q~~|~~GO~~
~~es~~|~~GO~~
~~es~~|0
~~es~~|0
~~es~~| |~~es~~
~~po~~|~~es~~
~~ss~~
~~ee~~|~~es~~
~~ss~~|~~es~~
~~Q~~
~~GO~~|~~es~~
~~GO~~|~~es~~|0
~~es~~|0
~~es~~| |**_Total Net Assets_**
~~po~~
~~es~~|~~ss~~
~~es~~
~~ee~~|**4,537,112**
~~ss~~
~~es~~|**56,413**
~~Q~~
~~es~~
~~GO~~|**25,015**
~~es~~
~~GO~~|**4,875 **
~~es~~|**4,623,415 **
~~es~~|**4,619,420**
~~es~~| ||~~ee~~||~~GO~~|~~GO~~|||| ||||||||| |**Funds of the Church**
~~po~~|14|||||~~a~~|~~a~~| |General Fund (Unrestricted)
~~po~~
~~po~~|~~po~~|4,537,112
~~|~~|~~|~~|||4,537,112
~~a~~
~~a~~|4,548,375
~~a~~
~~a~~| |DesignatedFunds (Unrestricted)
~~po~~
~~po~~
~~ee~~|~~po~~|~~|~~|56,413
~~|~~|||56,413
~~a~~
~~a~~
~~a~~|40,914
~~a~~
~~a~~
~~a~~| |**_Total Unrestricted Funds_**
~~po~~
~~ee~~
~~pO~~|~~po~~
~~pO~~|~~|~~|~~|~~
~~|~~|~~|~~||**4,593,525**
~~a~~
~~a~~
~~a~~|**4,589,289**
~~a~~
~~a~~
~~a~~| |RestrictedFunds
~~ee~~
~~pO~~
~~ee~~|~~pO~~||~~|~~|25,015
~~|~~|~~e~~|25,015
~~a~~
~~a~~
~~e~~~~**e**~~
~~e~~|**23,839**
~~a~~
~~a~~
~~**e**~~
~~ee~~| |Endowment Funds
~~pO~~
~~ee~~|~~pO~~|~~GQ~~|~~|~~
~~GQ~~|~~|~~
~~GQ~~|4,875
~~e~~|4,875
~~a~~
~~e~~~~**e**~~
~~e~~|**6,292**
~~a~~
~~**e**~~
~~ee~~| |**_Total Funds_**
~~ee~~
~~es~~|~~es~~|**4,537,112**
~~es~~
~~GQ~~|**56,413**
~~es~~
~~GQ~~|**25,015**
~~es~~
~~GQ~~|**4,875**
~~e~~
~~es~~|**4,623,415**
~~e~~~~**e**~~
~~e~~
~~es~~|**4,619,420**
~~**e**~~
~~ee~~
~~es~~| |~~GQ~~
Thefinancialstatementswereapprovedandauthorisedfarissueby theChurchCouncilon0 JozJ2023
Signedon behaif of the boardofTrustees
a
|
rkeseer NO...CAA te.
|
Chairperson
CarolineHinchliffe-ChurchTreasurer|||||||| **15 |** P a g e **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## **3.3 Notes to the accounts for the year ending 31/08/22** ## 1. Accounting policies ## **Basis of preparation** These accounts have been prepared based on historical cost except that investments are shown at their market value at the end of the year, on the accruals basis to show a true and fair view of the Church’s financial position and activities. Solihull Methodist Church is a Charity registered in England. The address of the registered office is given in the charity information of these financial statements. The nature of the charity's operations and principal activities are detailed in section 1 of this report. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011, and UK Generally Accepted Practice as it applies from 1 January 2015. The financial statements 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. ## **Income** Income is included in the Statement of Financial Activities (SOFA) when the Church becomes entitled to the resources, and the trustees are reasonably certain they will receive the resources; and the monetary value can be measured with sufficient reliability. ## **Expenditure** This is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Church to pay out resources. ## **Grants** Grants made by the Church from its own funds are recognised in full at the time of agreement or when the Church accepts that 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 **16 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms. ## **VAT** Since the Church is not VAT registered, all input VAT is charged with the expenses to which it refers. ## **Tangible fixed assets** The Trustees for Methodist Church Purposes are the custodian trustees for the Church land and premises which is a Model Trust property and they hold the freehold title. Solihull Methodist Trustees are the managing trustees of the buildings and as such they are in the financial statement. The Church, Church Hall and their contents are shown in the accounts at 2015 deemed values. No depreciation is provided on these assets because the trustees consider the current residual fair values to be not less than their current value. Any depreciation would not be material. The assets have been reviewed for impairment. In 2018/19 a lift was installed and the total cost of this was capitalised and will be depreciated over 10 years. Tangible fixed assets are capitalised if they can be used for more than one year, and individually cost at least £1,000. ## **Investment Properties** Investment properties - no property is currently deemed not to be held for the long term purposes of the charity. ## **Debtors and Creditors** Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. ## **Funds** The funds held constitute: Unrestricted Funds comprising of a General Funds held for any purpose of the Church and a Model Trust Legacy held by the Trustees for Methodist Church Purposes (TMCP): Designated Funds which are unrestricted funds set aside for a future purpose or reserve e.g. Property reserve which is any unspent budget transferred to the next year's property budget. Restricted funds which are held for a narrower purpose including those for internal organisations. There is also an Endowment Fund as listed. Details of each material fund are disclosed in Note 14. Any of the funds may be represented by more than just cash. **17 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** |2. Interest & Investment Income
Central Finance Board
Bank Accounts CAF A/c
Dividends -TMCP-Corporate
Bond
TMCP – Interest/Dividends on
PB Model Trust Legacy
**2a. Interest & Investment**
**Income**
Central Finance Board
Bank Account CAF Cash A/c
Dividends -TMCP--Corporate
Bond
TMCP - Interest on Model Trust
Legacy
3. Other Charitable Income
Café Connect payments
Other collections , donations &
charity fundraising activities
**Total**
**3a. Other Charitable Income**
One off Covid Special Appeal
Other collections , donations &
charity fundraising activities
**Total**
4. Income from use of Premises
External lettings of Church &
Church Hall
Car Park licence
Contributions from Church
Organisations
Donations for Car Park discs from
members|**General Fund**
**Unrestricted**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**2022**
**Total**
**£**
**£**
**£**
**£**
**£**
558
**558**
19
**19**
78
**78**
2439
**2,439**| |---|---| ||3016
0
0
78
**3,094**| ||**General Fund**
**Unrestricted**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**2021**
**Total**
**£**
**£**
**£**
**£**
**£**
122
**122**
1
**1**
64
**64**
827
**827**| ||950
0
0
64
**1,014**| ||**General Fund**
**Unrestricted**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**2022**
**Total**
**£**
**£**
**£**
**£**
**£**
5,000
**5,000**
15,105
**15,105**| ||**0**
**0**
**20,105**
**0**
**20,105**| ||**General Fund**
**Unrestricted**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**2021**
**Total**
**£**
**£**
**£**
**£**
**£**
32,270
**32,270**
0
8,154
**8,154**| ||**32,270**
**0**
**8,154**
**0**
**40,424**| ||**General Fund**
**Unrestricted**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**2022**
**Total**
**£**
**£**
**£**
**£**
**£**
52,292
**52,292**
9,640
**9,640**
7,338
**7,338**
1,201
**1,201**| ||**70,471**
**70,471**| **18 |** P a g e ## **SOLIHULL METHODIST CHURCH** ## **TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION** ## **For the year ended 31[st] August 2022** |**4a. Income from use of**
**Premises**
External lettings of Church &
Church Hall
Car Park licence
Contributions from Church
Organisations
Donations for Car Park discs from
members
5. Other Income
Sponsorship of Church magazine
Miscellaneous receipts
**Total**
**5a. Other Income**
Sponsorship of Church magazine
Sale of oven & hob
Miscellaneous receipts
**Total**|**General Fund**
**Unrestricted**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**2021**
**Total**
**£**
**£**
**£**
**£**
**£**
13,242
**13,242**
6,957
**6,957**
2,314
**2,314**
0
**0**| |---|---| ||**22,513**
**22,513**| ||**General Fund**
**Unrestricted**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**2022**
**Total**
**£**
**£**
**£**
**£**
**£**
690
**690**
350
**350**| ||**1,040**
**1,040**| ||**General Fund**
**Unrestricted**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**2021**
**Total**
**£**
**£**
**£**
**£**
**£**
260
**260**
0
323
**323**
1
**1**| ||**261**
**323**
**584**| **19 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** |||||**This**
**year**
**2022**||**Last**
**year**
**2021**|| |---|---|---|---|---|---|---|---| |6. Fees for examination or audit of the accounts|||||||| ||Independent examiner’s or auditors' fees for reporting on the
accounts||£|2,634||2,460|| ||Other fees (eg: advice, accountancy services) paid to the
independent examiner or auditor||£|0||0|| ||||||||| |7.|Payment to Trustees||||||| ||Payments made to trustees for additional services provided to
the Church by agreement with the Church Council Meeting
Names of trustees remunerated for other services:||
£|_||_|| ||||||||| ||||||||| ||Number of trustees who were paid expenses||||||| ||**There were no trustees who were paid**
**expenses**||||||| ||||||||| ||Total amount paid||£||||| ||||||||| |8.|Paid employees||||||| ||**Staff Costs paid during the year were:**||||||| ||Gross wages, salaries and benefits in
kind||£|12,350||12,202|| ||Employer’s National Insurance costs||£|486||468|| ||Pension costs||£|741||732|| ||Furlough paymts reimbursed||£|0||-2,987|| ||Salary admin.costs- Apprentice Levy &
Payroll administration costs|||98||95|| ||||||||| ||Total staff costs||£|13675||10,510|| ||||||||| ||**Average number of staff employed**
**during theyear were:**|||1||1|| ||||||||| ||No employee received total employee benefits (excluding employer pension costs) of more
than £60,000 (€70,000) upwards.||||||| **20 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION** ## **For the year ended 31[st] August 2022** ## 9. Tangible Fixed Assets **(General Fund Unrestricted)** |**Cost or valuation**|**Church (non**
**investment)**
**land and**
**buildings**
**£**|**Other non**
**investment**
**land and**
**buildings**
**£**|**Investment**
**properties**
**(land and**
**buildings)**
**£**|**Other fixed**
**assets**
**including**
**pipe organ**
**£**|**Fixtures,**
**fittings**
**and**
**equipment**
**£**|**Payments**
**on account**
**and assets**
**under**
**construction**
**£**|**Total**
**£**| |---|---|---|---|---|---|---|---| |**Balance brought forward**|3,718,996|||415,000|90,000||4,223,996| |Additions|||||||| |Revaluations(+/-)|||||||| |Disposals(-)|||||||| |Transfers(+/-)|||||||| |Balance carried
forward|3,718,996|||415,000|90,000||4,223,996| |**Accumulated depreciation**|||||||| |---|---|---|---|---|---|---|---| |Balance brought
forward|13,196||||||13,196| |Depreciation charge
foryear|4,400||||||4,400| |Revaluations(+/-)|||||||| |Disposals(-)|||||||| |Transfers(+/-)|||||||| |**Balance carried**
**forward**|17,596||||||17,596| |**Net book value**|||||||| |Brought forward|3,705,800|-|-|415,000|90,000|-|4,210,800| |Carried forward|3,701,400|-|-|415,000|90,000|-|4,206,400| **21 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## 10. Investments The funds that support the various funds are held by TMCP in Trustees Interest Funds on which interest is credited to the accounts each month. These are regarded as medium and long term investments. TMCP is the legal owner and Custodian Trustee of all Methodist Model Trust property, including Legacies, Endowments and Accumulated Funds. Trust property is held for and on behalf of local Managing Trustees who are responsible for the day to day management of trust property. TMCP ensure that, through providing guidance and acting under their direction, the Managing Trustees comply with charity law and Methodist law and polity as determined by the Methodist Conference. ## **Analysis of investment movements** The Model Trust held by TMCP holding the Unrestricted funds of the Pam Brown Legacy has an investment purchased through TMCP, a CFB Managed Fund Bond. Within the Lambert Trust which is the only endowment fund that the Church has an investment - a Corporate Bond purchased through TMCP in the year 2014/15. ## **Change in investment values** **----- Start of picture text -----**
£ £ £
Unrestricted Endowment Total of
Fund Fund Investments
Carrying (market) value at beginning of year 40,907 5,208 46,115
Add: additions to investments at cost 40,004 40,004
Less: disposals at carrying value
N et gain/-loss on revaluation -4,488 -880 -5,368
Carrying (market) value at end of year 76,423 4,328 80,751
**----- End of picture text -----**
## 11. Leasing Commitments A 5 year lease was taken out on a Ricoh photocopier/scanner commencing 01/12/2018 |Committed to be paid:
Expiring within 1 year
Between 2 and 5 years|2022
2021|2022
2021| |---|---|---| ||£|£| ||468|468| ||117|585| ||**585**|**1053**| During the year 2021/22 £468 was expensed through the SoFA in relation to operating leases **22 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## 12. Analysis of current assets |**Debtors and prepayments**
Pre paid assessments
Prepayments on insurance etc
Other debtors
**Total debtors and**
**prepayments**|**This year**
**2022**
**£**
30,000
2,690
14,378
**47,068**|**Last year**
**2021**
**£**| |---|---|---| ||30,000|30,000| ||2,690|2,926| ||14,378|5,892| ||**47,068**|**38,818**| ## **Analysis of cash at bank** |Bank balance held in MCA
Bank balance held in HSBC
Bank balance held in CAF Bank
**Total Cash at Bank**|84,000||| |---|---|---|---| ||6,085||8,278| ||20,724||4,795| ||**110,809**||**13,073**| ||**Internal Organisations**|**Opening**
**balance**
**01/09/21**|**Receipts**|**Payments**|**Net**
**Receipts/**
**Payments**|**Closing**
**balances**
**31/08/22**| |---|---|---|---|---|---|---| |||**£**|**£**|**£**|**£**|**£**| ||SMASH|9,565|8,465|10,965|-2,500|7,065| ||Pushchair Club|2,260|778|1695|-917|1,343| ||Soupa Talks|352|5704|5761|-57|295| ||Badminton|59|588|588||59| ||ENRG (Youth Club)|102|152|174|-22|80| ||Men's Coffee|54|1366|1359|7|61| ||Contact Choir|705|700|210|490|1,195| ||Junior Mission for All (JMA)|5|54|59|-5|0| ||**TOTAL**|**13,102**|**17,807**|**20,811**|**-3,004**|**10,098**| |||||||| ## 13. Analysis of current liabilities and long term creditors |Trade Creditors
Accruals
Agency Collections|**This year**
**2022**
**£**
741
3,977
190
**4,908**|**Last year**
**2021**
**£**| |---|---|---| ||741|1088| ||3,977|3883| ||190|0| ||**4,908**|**4,971**| **23 |** P a g e ## **SOLIHULL METHODIST CHURCH** ## **TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## 14. Detailed analysis of individual fund movements 2021/22 |14. Detailed analysis of individual fund movements 2021/22|14. Detailed analysis of individual fund movements 2021/22|14. Detailed analysis of individual fund movements 2021/22|14. Detailed analysis of individual fund movements 2021/22|14. Detailed analysis of individual fund movements 2021/22|14. Detailed analysis of individual fund movements 2021/22|14. Detailed analysis of individual fund movements 2021/22|14. Detailed analysis of individual fund movements 2021/22| |---|---|---|---|---|---|---|---| |**Unrestricted Funds**|||||||| |**Fund Name**|**Opening**
**Balance**|**Income**|**Expenditure **|**Transfers**|**Revaluation**
**gains/losses**|**Closing**
**Balance**|**Fund Purpose**| |General|4,548,375|212,461|199,224|-20,012|-4,488|4,537,112|The main fund for the running and maintaining a
place of worship and fellowship within the
community. There is a Model Trust legacy (held
at TMCP) with a balance at 31.08.22 of
£221,518 which is classed as unrestricted
Funds| |Totals
**Designated**
**Unrestricted Funds**|4,548,375|212,461|199,224|-20,012|-4,488|4,537,112|| ||||||||| |**Fund Name**|**Opening**
**Balance**|**Income**|**Expenditure **|**Transfers**|**Revaluation**
**gains/losses**|**Closing**
**Balance**|**Fund Purpose**| |Youth& Children's|2,272|157|300|||2,129|For Youth & Children's work.| |Byles Legacy|469||85|||384|No binding obligation on legacy but a wish that it
be used for energy conservation.| |A. Carrington Gift|1,917|280||||2,197|£280 returned from new gift to Oven & Hob
fund. £540 originally came from this fund to
cover overspend.| |Blue Cross||5,289|4,248|||1,041|A new Blue Cross was purchased to replace
old one.| |S. Bailey Gift|590||310|||280|No binding obligation on the gift.| |Mullineux Legacy|6,139||3,938|||2,201|No binding obligation on legacy but a wish that it
be used for Chidren and youth. In 21/22 money
was used to update technology in Room 5.| |Streaming Online
Services and|7,022||1,358|10,000||15,664|£10,000 was designated from the Pam Brown
Legacy for this fund| |Small mission projects
Fund|4,795|||||4,795|£5,000 was designated from the Pam Brown
Legacy for this fund.| |Property Reserve Fund|17,710|||10,012||27,722|Unspent property budget c/fwd to next year.| |Totals
**Restricted Funds**|40,915|5,726|10,240|20,012||56,413|| ||||||||| |**Fund Name**|**Opening**
**Balance**|**Income**|**Expenditure **|**Transfers**|**Revaluation**
**gains/losses**|**Closing**
**Balance**|**Fund Purpose**| |Special Collection||||1,000||1,000|Given for Ukraine Methodist church. Set aside
until it can be sent.| |Church Internal
Organisations|13,102|17,807|20,811|||10,098|Social, Learning & Devotional Groups within the
Church. Detailed breakdown Note 13| |Easter Offering||589|589||||Collection 4 Methodist church world mission
fund| |Fellowship Lunch &
Catering Fund|91|367|354|-5||99|Sunday Lunches for elderly & Lonely &
Catering at Church events such as Church
lunches etc| |Green Church Fund|476|684|603|||558|Promoting a greener Church & Community| |Benevolence Fund|1,337|6,849|7,799|1,172||1,559|To respond to appeals/emergencies/natural
disasters for help both local & international| |Shall We Talk||5,000|3,009|||1,991|Group 2 support new migrants from Hong Kong| |NetZero||188|108|||79|To support carbon offsetting| |Church Project Fund
2018/19|8,832||5,000|||3,832|In 2021/22 2nd and 3rd installments made to a
charity which has brought a Syrian family to
Birmingham| |Church Project.
Building4 Hope||6,024|231|5||5,798|Supporting people into work.| |Church Christmas Card
Donations||2,329|157|-2,172|||Donations received for entry in Church
Christmas card and money raised given to the
Benevolent Fund| |Totals
**Endowment Funds**|23,839|39,837|38,660|||25,015|| ||||||||| |**Restricted Fund**
**Name**|**Opening**
**Balance**|**Income**|**Expenditure **|**Transfers**|**Revaluation**
**gains/losses**|**Closing**
**Balance**|**Fund Purpose**| |Lambert Youth Bequest|6,292|78|615||-880|4,875|Youth work| |Totals
6,292
78
615
-880
**Total of all funds**
**Reasons for transfer between funds**
The transfers are between the different classes of funds and balance each other out in|6,292|78|615||-880|4,875|| |||||||4,623,415|| ||||||||| **24 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION** ## **For the year ended 31[st] August 2022** ## 15. Related party transactions |15. Related party transactions|15. Related party transactions|15. Related party transactions|15. Related party transactions|15. Related party transactions|15. Related party transactions|15. Related party transactions|15. Related party transactions|15. Related party transactions| |---|---|---|---|---|---|---|---|---| |||||||||| ||**2021/22**|||||||| ||**Name of related**
**party**|**Relationship**|**Description of**
**transaction**|**Income from**
**related party**
**during the**
**year**|**Payments to**
**related**
**party during**
**theyear**||**Loans to /**
**(from) related**
**party during**
**theyear**|**Amounts owed**
**by / (to) related**
**party as on 31-**
**Aug-2022**| |||||**£**||**£**|**£**|**£**| |from General
fund|**Birmingham**
**Methodist**
**Circuit**|One of the churches
within the
Birmingham Circuit|
Annual
Donation/
Assessment|||**127,300**||| |||||||||| |from Easter
Offering Fund|**Methodist**
**World Mission**
**Fund**|Connexional Fund|Collection made|||**589**||| |from
Benevolence
Fund|**All We Can**
**(Methodist**
**Relief & Dev**
**Fund)**|Connexional Fund|Donation to
Haiti Appeal|||**500**||| |from
Benevolence
Fund|**Methodist**
**World Mission**
**Fund**|Connexional Fund|Donation to
work in Sri Lanka|||**500**||| |fr. Restricted
fund|**JMA (Methodist**
**Junior Mission**
**for All)**|Part of Methodist
Connexion|Gift aid collected
on donations.|||**0**||| ||**Total**|||**0**|**128,889**||**0**|**0**| |||||||||| ||**2020/21**|||||||| ||**Name of related**
**party**|**Relationship**|**Description of**
**transaction**|**Income from**
**related party**
**during the**
**year**|**Payments to**
**related**
**party during**
**the year**||**Loans to /**
**(from) related**
**party during**
**the year**|**Amounts owed**
**by / (to) related**
**party as on 31-**
**Aug-2021**| |||||**£**||**£**|**£**|**£**| |from General
fund|**Birmingham**
**Circuit**|One of the churches
within the
Birmingham Circuit|
Annual
Donation/
Assessment|||**127,300**||| |||||||||| |||||||||| |fr. Restricted
fund|JMA (Junior
Mission for All)|Part of Methodist
Connexion|Gift aid collected
on donations.|||**47**||| ||**Total**|||**0**|**127,347**||**0**|**0**| |||||||||| **25 |** P a g e **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## Appendix A ## CHURCH COUNCIL MEMBERSHIP MINISTER(S) Rev Molly Chitokwindo (Also Superintendents of Circuit - Revs. A. Richards, N. W. Johnson (to 31.08.22), N.Jones (to 31.08.22) COMMUNITY WORKER Mrs Diane Webb CHURCH STEWARDS Mr Alan Faulkner (to 31.05.22) Ms Susan K. Kelley (to 31.05.22) Mr Jeremy Pearce (to 31.05.22) Mrs Catherine Coleman Mr N. Howard Pittman Staight Mrs Karen J. Robertson Mr Peter J. Austin Mrs Elizabeth J. Pickles (from 01.06.2022) Mr Glen Mullineux (from 01.06.22) SENIOR OFFICERS CHURCH TREASURER Miss Caroline E. Hinchliffe COUNCIL SECRETARY Mrs Helen J. Banks SECRETARY OF PASTORAL COMMITTEE Mrs Christine L. Cooke OFFICERS, AND REPRESENTATIVES OF COMMITTEES Mrs Jennifer Kitson (Church Safeguarding Officer) Rev. Christine Giles (Pastoral Co-ordinator) Mrs Margery Benson (Pastoral Committee Representative) Mr Christopher Tucker (Ways & Means Committee Officer) Mr David A. Grey (from 01.06.22) Mr Jonathan Tuckey (Property Committee Officer) Mrs Alison Faulkner (Property Committee Representative)(until 31.05.22) Mrs Jane Garnett (Young Families Representative) Mrs Judy A. Lingard (Communications Committee representative)(until 31.05.22) Mrs Pamela M. Beattie (Catering Committee representative) Mrs Judith Farndon (Other Interests Representative ) Mrs Marjorie A. Roper (Churches together in Solihull) Mrs Sue K. Kelley (Greener Church Representative) (from 01.06.22) Mrs Fiona Beadle (Church Life and Mission Committee) (from 01.06.22) REPRESENTATIVES ELECTED BY THE GENERAL CHURCH MEETI NG Mrs Fiona M. Beadle (until 31.05.22) Mrs Abi Godfree Mr Alan Faulkner (from 1.06.22) Mrs Susan V. Bates Mr David A. Grey (until 31.05.22) Mr Andrew D. Hunt Mr Tim J. Weatherup Mr Richard G. Burr (from 01.06.22) Mrs Sandra Ker Miss Jackie M. Farmer Mrs Ann M. Polson Mrs Karen Handford (until 31.05.22) Mrs C. Joy Wadsworth Mr Derek R. Giles Mrs Judy A. Lingard (from 01.06.22) Mr Graham S. Mackenzie (from 07.05.22) Mr Lawrence J. Day (from 01.06.22) Mrs Sian L. Musgreave-Spiby (from 08.05.22) **26 |** P a g e **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## **DECLARATIONS** ## **Treasurer** I confirm that these accrual based accounts for the year ended 31 August 2022 have been prepared from the records of the Church and that they include all funds under the control of the Church Council Signature of Treasurer Date - CALL Date Pelee|aes Name and address of Caroline Hinchliffe Caroline Hinchliffe Treasurer 445 Streetsbrook Road 445 Streetsbrook Road, , Solihull Solihull, , B91 1QZ B91 1QZ ## **Presentation to the Church Council for approval.** I confirm that the annual report and accounts for the year ended 31 Aug 2022 were, presented to the Church Council at its meeting on and were approved. Signature of the Chair of the meeting Name of the Chair of the meeting Date of meeting ## **Trustees' responsibilities statement** The trustees are responsible for preparing the Trustees’ Annual 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 charity and of the incoming resources and application of resources of the charity 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 in the Charities SORP 2015 (FRS102); - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards 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 charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Statement of Disclosure to the Independent Auditor** a) So far as the trustees are aware, there is no relevant information of which the independent examiner is unaware and: b) The trustees have taken all steps that ought to have been taken as trustees in order to make themselves aware of any relevant information and to establish that the independent auditor is aware of that information. **27 |** P a g e **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** ## **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF SOLIHULL METHODIST CHURCH** ## **Opinion** We have audited the financial statements of Solihull Methodist Church (the 'charity') for the year ended 31 August 2022 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the charity's affairs as at 31 August 2022 and of its incoming resources and application of resources, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Charities Act 2011. ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## **Conclusions relating to going concern** In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. ## **Other information** The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. **28 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Matters on which we are required to report by exception** We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion: - the information given in the financial statements is inconsistent in any material respect with the Trustees' report; or - sufficient accounting records have not been kept; or - the financial statements are not in agreement with the accounting records; or - we have not received all the information and explanations we require for our audit. ## **Responsibilities of trustees** As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. ## **Our responsibilities for the audit of the financial statements** We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. **29 |** P a g e ## **SOLIHULL METHODIST CHURCH TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISION For the year ended 31[st] August 2022** Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. ## **Use of our report** This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. Wallace Crooke is eligible for appointment as auditor of the Trust by virtue of its eligibility for appointment as auditor of a company under of section 1212 of the Companies Act 2006 **30 |** P a g e