2021-08-31-accounts

Accruals Accounts 2020-2021

THE METHODIST CHURCH

ANNUAL REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2021

Epsom Methodist Church

Registered Charity - Registration number

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Ministers [ __Rev Catherine Hutton, Rev Ung Soon Nguang and Mr Chris Shaw _|
Church Stewards |
penneME Simon Jump
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Epsom Methodist Church Trustees’ Annual Report

Contents

Page Introduction, Mission and Review 1 12 Month Review - We Worship 2 12 Month Review - We Learn 3 12 Month Review - We Care 4 12 Month Review - We Care (continued) 5 12 Month Review - We Serve 6 12 Month Review - We Look Outwards 7 Events taking place during the year 8 Events which took place during the year (September to March) 9 Events which took place during the year (April to August) 10 Financial performance review (Introduction, Income & Expenditure) 11 Financial performance review (Outlook for 2021/22 & Conclusions) 12 Summary of funds, Valuation and reserves, Plans for 2021/22 13 Basis of preparation and legal framework 14 Aims & organisation, Public benefit, Trustee training, Related parties 15 Risk Management, Safeguarding 16 Statement of Financial Activities (2020-2021) 17 Statement of Financial Activities (2019-2020) 18 Balance Sheet 19 Cash Flow 20 Note 1 Basis of accounting and accounting policies 21 Note 2 Collections and gift aid 22 Note 3 Donations 22 Note 4 Legacies 22 Note 5 Income for the use of the premises 22 Note 6 Roots (coffee shop) 22 Note 7 Nursey 23 Note 8 Interest 23 Note 9 Trust fund management charges 23 Note 10 Mission and Outreach 24 Note 11 Property utilities and maintenance 24 Note 12 Administration 24 Note 13 Salaries and associated costs 25 Note 14 Circuit share 25 Note 15 Donations to charities 25 Note 16 Other expenditure 26 Note 17 Transfers between funds 26 Note BS1 Church buildings 27 Note BS2 Investments 27 Note BS3 Debtors and prepayments 28 Note BS4 Analysis of cash at bank 28 Note BS5 Analysis of current liabilities and long term creditors 28 Note BS6.1 General fund 29 Note BS6.2 Designated funds 29 Note BS7.1 Chinese Congregation fund 30 Note BS7.2 Other restricted funds 30 Note BS8 Endowment funds 31 Note ON1 Capital commitments and contingent liabilities 31 Note ON2 Loans and creditors due after one year 31 Note ON3 Related party transactions . 32 Chinese Congregation report 33 Church Council members 34 Declarations 35 Independent Examiner’s Report to the Trustees 36

Epsom Methodist Church TRUSTEES’ ANNUAL REPORT

FOR THE YEAR ENDED 31 AUGUST 2021

Introduction

Epsom Methodist Church is situated in the middle of Epsom. It is part of the Sutton Circuit and the London District. It is registered with the Charity Commissioners, number 1127787, and its affairs are governed by Deed of Union (1932) and Methodist Church Act (1976). Its working name is EMC.

The Mission of the Church

The Mission Statement of Epsom Methodist Church

Our purpose is to respond to God’s love in Christ for everyone by being a focus in the town for Christian teaching, worship and care. The Church Council is committed to enabling as many people as possible to worship at our church and to become a part of our community. It maintains an overview of the life of the church and makes suggestions on how our activities can involve the many groups that lie within our community in the town and around.

When planning our activities for the year, the Church Council has considered the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.

Review of the year September 2020 to August 2021

• The objectives below are for all ages, including children, young people and families. We believe God’s mission is that the heavenly kingdom will come on Earth. We want to be a healthy growing church, playing our part in that mission. The five objectives below describe a five-year development plan for EMC and are unified by prayer.

• 1) We worship: to articulate with all our hearts, our love of God in our worship prayer and service ¢ That there is a variety and richness of worship which is engaging, accessible, challenging and inspiring

• ¢ For each person to share a common vision and take part Despite the pandemic, streamed worship enabled the church either to attend in person or to follow on You tube from their homes or listen to dial a sermon if not on line. There was a mid week Zoom worship also.

• 2) We learn: to deepen our relationship with God through Jesus Christ e That we become more devoted followers of Jesus Christ e More of the congregation to be actively involved in small groups and Bible study

We continued to offer various Bible studies on Zoom and they were well attended. Bible study notes were available to the whole church that accompanied the services. Many people became authors ofdaily devotions during the pandemic. On line Alpha was available.

• 3) We care: to show and receive love and support

• ° That we offer appropriate support and / or signposting when needed

• ° That every member feels connected

• Despite not being able to spend time with each other, most of the pastoral work was carried out on the telephone. Gifts were delivered. When we could meet, people met outside, or socially distanced at the church services. Roots and The Loss and Bereavement Group met as Covid allowed. Hope into Action purchased a house which is nearly ready for residents at the time of writing. Christmas Together delivered Hampers to those alone at Christmas in the Borough. Many children's on line events occurred which were extremely well supported.

• 4) We serve: that all use the gifts God has given them for the good of others

• e For every member to have a chance to be involved in serving; feeling comfortable to use the gifts God has given them As Covid allowed the church and activities opened up. Risk assessments were performed to keep everyone safe according to the covid guidelines. This allowed people to feel safe to return to the church for activities to use their gifts e.g. worship, Roots, Silent prayer, toddler groups and Nursery (which opened through most of the last year). Some people were reluctant to return to the building as they continue to be concerned about Covid. Many have chosen to use their gifts of leadership and prayer on line and this has worked very well for many groups - house groups, children's worship, prayer on line as well as church business meetings. The online worship and group meetings already described have enabled the church to continue to work as a bodv and still use their gifts.

• 5) We look outwards: for others to discover God’s love and power in their lives

• ° That lives are changed as people come to know Jesus

• e That we reach out to others through a range of events and opportunities for wider participation ¢ Encourage more people to attend worship in person or online

• Events were reduced but Alpha on line was available to those who wished to join in. On line Worship every week was available both in person (as Covid allowed), recorded or livestreamed (as technology was updated). Roots opened periodically as Covid allowed. EMC also launched a new updated website format which is more user friendly and useful to reach out to those enquiring about EMC. Prayer will be at the centre of all we do

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Epsom Methodist Church TRUSTEES’ ANNUAL REPORT (continued)

		The 12 Month Review
	Objective	Achievements from Sept 2019 to	Targets from September 2020
		August 2020	(achievedtargets in bold italics)
	WeWorship	Special evening celebration servicefor	Opportunityto offervarietyofworship andpraise online
		Harvest.
		Special evening All Souls service.	Development of onlineSunday worship
		Prayer Days with differentthemes.	Wednesdaylunchtime ‘Bitesize’ worship in church
		Service led by House Group (Nov 19) and	RestartingSundayworship within currentrestrictions
		active involvement of uniformed
		organisations (Scouts - Oct 19)
		Opportunities for personal stories and	Streaming live services
		leading prayers (Nov 19).
.		More organists for 9am service.	Online smallgroups
		Alternative source of musicwhen musicians	Development of children’s worship online
		are not available.
		Development ofworship leaders allowing	§_Re-start ofSilentPrayergroup
		for different styles for each service.
		Online worship started (April 20)	Onlineprayergroup developed
		Dial a Sermon started (June 20)	Specialservices online andin church as restrictions allow
		Online prayer group
	Objective	Achievements from Sept 20to	Future planned developments from September
		August 21	2021
	We Worship	Weds bite-sized service in Roots/Zoom
		Online weekly prayer meetings on Zoom.
		Daily Devotions by Email April 20 - Easter 21.
		Silent prayer re-started.
		Live streamed 10am servicefrom Nov 21.	Live streamed and in person 9am and 10.30am services to	;
			re-start
		Dial a Sermon continues.
	’	EveningYouTube traditional monthlyservice
		- May ‘21.
		WeeklyYouTube children's FAME channel
		until April '21
		Monthly Messy church on line / in person	Development ofSunday morning provision for children's
		summer '21	worship and Sunday school. Possible FAME channel.
		Pre- recorded Christmas Carol Service.
		Take a Moment Weds mornings on Zoom
		withCatherine-Jan'21

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Epsom Methodist Church TRUSTEES' ANNUAL REPORT (continued)

	The 12 Month Review
Objective	Achievements from Sept 2019 to		Targets from September 2020
	August 2020		(achieved targets in bold italics)
We Learn	Leadership Development Questionnaire by		Newpreaching curriculum
	MAG (Mission Action Group)
	Training and mentoring for House Group		Online Bible studycourse
	Leaders
	Church Teaching Daywith RevTony Miles	=Morepeople involvedin writing dailyreflections
	(Feb 2020)
	Church teaching day led by Rev Paul Smith		Online teaching days
	and RevSam McBratney on Marriage and
	Relationships (Nov ‘19)
	Church discussion day (March 2020) on		Followup course forattendees of Alphastarts
	‘Marriage and Relationship’ issues being
	discussed at Conference 2020
	Continue to develop the Prayer Sheet by
	inviting more input from group leaders
Objective	Achievements from Sept 2020 to		Future Developments from September 2021
	August 2021
We Learn	Lent studies - Big Lent Group -John's Gospel
	Preaching themes and accompanying bible
	study guides for house groups
	Teachingthemes have included John,		Further study books on the Gospel of Mark.
	Colossians, Acts and Christians and Climate
	Change (Jun '21) with accompanying bible
	studv booklets.
	On lineAlpha Course at EMC - and also UCA
	(University for the Creative Arts , Epsom)
	Eco church -A month of Climate change and		Bible Study booklets.
	Christians services and bible study booklets
	(Jun '21)
	Eco church achieveda SilverAward July		EMC has receiveda Silver Eco church Award (July '21) and
	2021		aim for a Gold Award
	On line housegroups		Housegroups to meet in person.
	Hard copy ofWeekly Notes and		Reinstating monthly Focus. Printed Weekly Notes forthose
	devotions/study notes delivered to those ‘at		not on line, on request to office.
	home’. ,
	Weekly Prayersheet May '21 onwards by		Leaders in the church for updates.
	Mailchimp
	Methodist Conference votes forsame sex		Catherine available to chat.
	marriage

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Epsom Methodist Church TRUSTEES' ANNUAL REPORT (continued)

Objective	Achievements from Sept 2019 to	‘Targets from September2020
	August 2020	(achieved targets in bolditalics)
We Care	Housebound visited with gifts from Harvest	Furtherdevelopment of Hope intoAction project
	and at Christmas in addition to usual
	contact
	Continued opportunity forwelcome and	Roots re-openedandchaplaincyresumed
	hospitalityto new members
	Regular Roots Chaplaincy each week	Church Covid compliant
	Welcome Club started Sep 19	Appropriate arrangementsforeachgroup returning to
		the building
	Developed ‘Hope into Action’ project in	Continuing increasedphone calls, cards, pastoral visits
	collaboration with other local churches	and delivered gifts.
	Training dayfor Pastoral VisitorsAutumn 19	WorkingtowardsnextawardlevelofEco Church
	Monthly service ofHolyCommunion at	LossandBereavementgroup restarted
	Priory Court Care Home
	ChristmasTogether lunch for 70	Christmas Togetherminihampers willbe delivered
	Contact while church was shut (online	Craft forLightPartyandMessyChurch willbe delivered
	worship, regular phone contact, daily
	devotions and weekly notes via Mailchimp
	and post)
	Gifts delivered to thosewho would usually
	attended Holiday at Home.
	Boxes of craft materials delivered to
	childrentakingpartinonlineholidayclub

Began process to become an Eco Church

Face masks made and sent out

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Epsom Methodist Church TRUSTEES' ANNUAL REPORT (continued)

Continued from previous page

Objective Achievements from Sept 2020 to Future Developments from September 2021 August 2021 We Care Hope into Action - house purchased spring Find an Empowerment Worker and occupants. House to "21 open to residents in Nov '22 Housebound of EMC visited with gifts at harvest and Christmas Christmas Together this year delivered 80 —_-Hopefully a Christmas meal at EMC or hamper delivery small hampers. Roots has largely remained open with Roots to expand staffing and opening hours i reduced hours. Contact while EMC shut due to Covid - : phone calls, daily devotions, Weekly Notes Holiday at Home - gifts delivered and afternoon teatentertainment x 2. Youth hall used by Nursery for social distancing Holy Communion -Extending the Table - Sept '21 - restart receiving Holy Communion as pre- Covid available for use at home. Little Fishes and Little Minnows have started Cara (nursery manager) Fridays for Families - Sept '21 and May '21 as parent support groups. assistance with Messy church. Working party to be established to replace Families and Children's worker who resigned summer '21. This group is to look ahead at planning this ministry and future staffing and leadership.

Summer Holiday Club - 'Big Green Treasure Machine' Aug '21 Monthly Messy church. Twice monthly Loss and Bereavement group in Roots.

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Epsom Methodist Church TRUSTEES' ANNUAL REPORT (continued)

Objective	Achievements from Sept 2019 to	Targetsfrom September 2020
	August 2020	(achieved targetsin bolditalics)
We Serve	Leadership development Questionnaire to	Gradualreopening ofchurch buildings to thecommunity
	help inform further training forAutumn '19
	Continued encouragement, training and	Online training and mentoring
	mentoring ofvolunteers
	Training day forthose willing to be Pastoral	Planning for new group foryoung parents
	visitors -Autumn '19
	Furtherdevelopment ofRoots space for	Additionalevents as restrictions allow
	other groups
	Youth Hall used for nursery to support social
	distancing
Objective	Achievements from Sept 2020to	Future Developments from September 2021
	August 2021
We Serve	Volunteering at EMC reviewed by	MAG (Mission Acton Group) to be re-started Sept '21
	Leadership Team
.	Roots space used for parents support
	groups

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||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Epsom|Methodist|Church| |TRUSTEES'|ANNUAL|REPORT|(continued)| |Objective|Achievements|from|Sept|2019|to|Targets|from September 2020| |August|2020|(achieved targets|in|bold|italics)| |We|Look|Outwards|Alpha|Course|in|conjunction|with|UCA|CU|Development|of|outreach|potential|of|Roots| |Autumn|19| |Children’s|Special|events|-|Saltmine|theatre|Children’s|events|online|including|Light Party in| |in|November|October and|Christmas|special.| |Successful|recruitment|of new|Children|and|Alpha course|planned|for 2021| |Families|Leader|(Jan|20)| |Outreach|through|working|alongside|wider|Development|of website|and online|presence| |community|at|‘Christmas|Lunch’|and|the| |‘Book|Fair’| |Outreach|in|the|community|through|‘Hope| |into|Action’|project| |Online|Alpha|course|(June|20)| |Objective|Achievements|from|Sept|2020|to|Future|Developments|from|September| |August|2021|2021| |We|look|Outwards|2|more|Online|Alpha|Courses|conducted|In|person|Alpha|planned|for Jan|'22| |during|lockdown| |Hope|into|Action|-|praying|with|Churches|Book|fair|to|be|reinstated|if Covid|permits| |Together|in|Epsom| |Children's|theatre|booked|for|Christmas|'21| |On|line|children's|Light|Party|Oct|'21| |Making|links|with|local|churches|to|fulfil| |God's|mission|and|developing the|outreach| |New|updated|and|new|format|Church|Keep|the|Website|up|to|date|as|a|‘shop|window’| |Website|launched.|to|the|church| |Eco|church|-|Monthly|Eco|church|stall|at|the|Potential|for|outreach|through|the|Eco|church| |Farmers|Market| |Links|to|other|Eco|churches|in|Epsom|Seeks|to|expand|the|number|of|people|involved| |by forming|‘Friends|of|Eco|church’.|A whole| |church|Eco|church|fundraising|activity|Spring| |2022.|Involvement|with|St|Martins|Eco|fair| |Recycling|hub|at|EMC for community|Community|Eco|church|events|EMC / speakers| |Prayer|;|Many|sections|overlap|but|prayer|underpins|Encourage|more prayer|in|all areas| |them|all| |Prayer|Prayer|underpins|all|that we|do|at|EMC|Monthly|in|person|prayer|commencing|early| |Nov|'21| |Silent|prayer,|On|line Zoom|Wednesday|Night|prayer|on|Zoom|twice|monthly|from|Sept| |prayer,|weekly|prayer|list.|"2A| |Prayer|Pyramid| |Praying|day|by day|on|web|site|

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Epsom Methodist Church
TRUSTEES' ANNUAL REPORT (continued)
Events Events taking place between September 2020 and August 2021
Fortnightly . permits.
SD — llcoeliac summary / prayers House GroupBible StudyGuides Thesefollow theSermonseries.HavestudiedJohn, amceny_[unow sb e crcu chien h t s a eo elderly.’21 2 x afternoon teas. and’21inperson—BigGreenTreasureMachine ee a hampersdelivered. = booked ’21.’20 cancelled (Covid

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Epsom Methodist Church TRUSTEES' ANNUAL REPORT (continued)

Events	Events taking place between September 2020 and August 2021	Events taking place between September 2020 and August 2021
Sept ’20	Online services continued
	FAME continues
	Catherine Hutton and family welcomed in Circuit Service
	Roots re-opens
	Weekly online prayer continues
	Dial a Sermon continues
	Harvest gifts delivered
	Bite sized lunch time church starts in Roots
	Newweekly Zoom Bible study
	Leadership Team Meeting— in person
	Praying Together-weeklyWeds evening on line prayer meeting continues
Oct ’20	Sunday Encounter in person service
	Big Zoom Coffee
	Messy Church
	Loss & Bereavement Group re-starts
	Live Streamed Sunday Service
	Church Council
Nov ’20	Bitesize on Zoom with Catherine on Weds mornings.
	Bite sized— ‘In Loving Memory’
	Remembrance Day Service
	Gift Service
	Fund raising for Hope Into Action (including Marathon)
	Messy Church Online— Christmas
	Advent Reflections begin
	Leadership Team on Zoom
	Extendingthe Table - Holy Communion for those at home
	BigZoom Coffee chat and prayers after morning service starts
Dec ’20	Pre-recorded YouTube Christmas Carol Service with Virtual Choir
	Christmas services in person and online
	Christmas Together hamper deliveries to 80 residents in the Borough
Jan 721	Lockdown begins
	Take a moment - on Weds mornings
	Youth Group online started
	Leadership Team Meeting on Zoom
	On-line & In person services & accompanying Bible Study booklet -John’s Gospel
Feb 721	Church Council on Zoom
	Online Family Alpha starts
Mar ’21	The Big Lent Group — Jesus Active in John’s Gospel
	World Day of Prayer via Zoom
	LeadershipTeam Meeting on Zoom
	New EMC website launched
	UCA Online Alpha Course launched
	Messy Church Online	;
	Lockdownendsandlimitedre-openingoftheChurch

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F

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||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Epsom|Methodist|Church| |TRUSTEES'|ANNUAL|REPORT|(continued)| |Events|Events|taking|place|between|September 2020|and August|2021| |Apr’21|Easter|services|in|person|and|live streamed| |Evening|prayers|with|Catherine|and|Chris|during|Holy week| |Online|AGM| |Traditional|recorded|monthly|service|launched| |Leadership|Meeting|on|Zoom| |Messy|Church| |Hope|Into|Action|Epsom|purchase|first|house| |May ’21|Online|&|In|person|services|&|accompanying|Bible|Study|booklet|-|Ephesians| |Eco|Church|Farmers’|Market|Stall| |Leadership|Team|Meeting|in|person| |Little|Minnows|&|Little|Fishes|Children’s|Groups|start| |Messy|Church| |June|721|Eco|Church|month|—|Christians|&|Climate|Change|themed|services|&|Bible|Study|booklet| |Christian|Aid|Service|— The|Earth|&|Poverty| |Eco|Church|Farmers’|Market|Stall| |Leadership|Team|Meeting|in|person| |Messy|Church| |July ’21|Restrictions|lifted|completely| |Themed|services|&|Bible|Study|booklet|— The|Church|Unleashed,|Acts| |Hope|Into|Action|Epsom|Coffee|Morning| |Church|Council|in|person| |EMC|awarded|Eco|church|Silver|Award| |Messy|Church| |Aug ’21|Holiday|at Home|afternoon|teas|and|entertainment 4* 2|6” august| |Big|Green|Treasure|Machine|Summer|Holiday|Club|in|person — 30+|attendees| |Lockdown|ends|and|limited|re-opening|of the|Church|

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Epsom Methodist Church TRUSTEES' ANNUAL REPORT (continued)

Financial Performance Review

Introduction

The finances and activities of Epsom Methodist Church, like all UK churches, have been materially affected by the Covid Pandemic. Starting in March 2020, the lockdowns, which did not completely end until 19th July 2021, have materially reduced our income, predominately from commercial lettings of the rooms in the church from which, pre-pandemic, we were receiving over £70,000 of income per annum, from the closure of our coffee shop whose turn-over had reached over £50,000pa and, to a lesser extent, from giving where the lack of Sunday services meant that our total giving (including gift aid) fell over £15,000. However, these losses have been partly offset by an excellent return on our investments on those funds which are managed by the Methodist Central Finance Board.

EMC took immediate measures in April 2020 to reduce expenditure and this has continued throughout the current financial year from 1st September 2020 to 31 August 2021. We also reduced our contribution to the Sutton Circuit. We were helped by the Government's furlough scheme. We believe our staff, supported by our volunteers, are a vital part of our work and our outreach and we maintained our commitment to our staff. Details of the actions we took are set out below. As a result, there was a surplus of £50,926 in the reserves in the 2020-21 year (as covered by this annual report). This was comprised of a surplus of £25,819 on the English Congregation's accounts, a surplus of £18,075 on the Chinese Congregation's accounts, a surplus of £9,561 on designated funds and a loss of £2,529 on restricted funds.

Budget for the year to August 2021

The Budget for 2020-21 was set as a deficit on the general fund of £42,250. Until March 2020 we were working approximately in line with budget. Following the lockdown, the church restricted its expenditure as described above and the budgeted loss of £42,250 was turned into a surplus of £25,819.

Income for the year to 31 August 2021 for the English Congregation

° Giving: Giving (including the associated gift aid) was down almost 10% on the previous year with minimal cash collections from services, the sad death of some of the older members of our congregation and few opportunities for us to welcome new members. ° Lettings by commercial users: The church was gradually opened to commercial lettings from May 21 and for a brief period in the autumn of 2020. We were fortunate to receive £24,337 in total, however this just over £17,000 down on the previous year and about a third of that prior to the pandemic. ¢ Income from Church Users: we were fortunate and grateful to the Chinese congregation for maintaining their contribution. With the longer opening hours the nursery increased its contribution by about 15% to £14,220. ¢ Return on Investments: About 50% of reserves (about £230,000) are invested in a mixed equity fund managed by the Methodist Central Finance Board and the remainder in cash or cash deposits. The income from dividends and the profit on its revaluation contributed about £38,000. There is minimal return on our cash investments given the low level of UK interest rates. Expenditure ¢ Caretaking: Our two caretakers have been fully employed keeping our building safe, as well as carrying out a number of decorating and minor improvements to our buildings. They have done an excellent job. e Maintenance: The major expenditure incurred was an upgrade to our audio-visual technology so that we could livestream our services on ‘Youtube’. This represented about half of the £12,879 spent on maintenance and repairs and meant that total expenditure was only two thirds on that in the previous years and well below that typically spent pre-pandemic. * Coffee Shop “Roots”: Roots is regarded as a key opportunity for outreach from our church and many events were/are centred around its facilities. Prior to lockdown Roots takings were running at about £50,000 per annum and it was meeting our expectation to break even. However, during 2020-21 it was only open 18 weeks and even then ona very restricted and socially distanced basis and turnover fell to an annualised basis of £18,000pa. Turnover had begun to increase in July and so it is planned to open Roots from 9am-2pm every weekday for most of next year. However, due to the much lower level of sales Roots did need £4, 628 of support from the Church to operate in 2020-21. ° Mission and Outreach: In addition to the support for Roots we spent £6,784 on our Mission and Outreach mostly on events for Children and Families including our August Holiday Club which was again thoroughly enjoyed by all the children who attended and warmly praised by their parents. ¢ Administration: Our church office is ably run by two members of staff who deal with all the lettings, the covid risk assessments, the wide range of enquiries, keeping our church operating smoothly and without whose services we could not function. We are very grateful to them both. ° Music: After just over four years, our Music Director resigned at the end of the year. She had run our Rejoice Choir and led our worship band; we are very grateful for the hard work and energy which she devoted to her work with us.

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Epsom Methodist Church TRUSTEES' ANNUAL REPORT (continued)

Outlook for the year 2021/22

The English congregation recognises that it should look to use its reserves for the Glory of God’s Work and our outreach in our local community. A deficit of about £40,000 has therefore been set as our Budget for the year to 31 August 2022. This does assume that there are no further serious disruptions from a continuance of the Covid pandemic. We look forward to our church gradually returning to the vibrant community it was prior to the pandemic.

Conclusions

Our annual report comprises the combination of three distinct entities which are managed separately. The English Church Congregation, The Chinese Church Congregation and our Ready Teddy Go nursery. It is the English Church Congregation which is also responsible for our buildings, but each has its own management group and its own reserves which have been combined within this set of accounts. Each has ample reserves and has been blessed that the impact of the pandemic has not caused a serious depletion of their financial position even though it has not been practical to use these reserves to significantly improve our Outreach and Mission into our local community. However, the earlier section of this report has demonstrated the extent to which we have been able to run a number of the important activities which we traditionally used to do.

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Epsom Methodist Church TRUSTEES' ANNUAL REPORT (continued)

General Fund

As at 31 August 2021 the net current assets of the General Fund of the Church were £207,456 (balance sheet - net current assets - £197,456 plus £10,000 - savings bond investment), giving approximately 9 months cover for expenditure.

Gifts & Memorials Fund

This is an unrestricted fund holding mainly legacies and can be used for capital items and other projects in the church. Bequests received by the church are placed in this fund. The fund has been and will be used to continue to employ a lay pastor. The balance in this fund is £311,411 (BS6.2).

Children and Family Leader Fund

This fund (CFL) supports the appointment and cost of a CFL. Its current balance is £4,853 (BS6.2). The CFL terminated her employment at the end of August 2021 and the post is currently being reviewed.

Book Fair Donations

The Book Fair did not take place in 2021 so no donations were made. It is hoped that it will take place again in February 2022.

Benevolence Fund

The Benevolence Fund is used for ministers to pay for charitable needs. Its current balance is £3,580 (BS7.2). It is now topped up from gifts.

Chinese Congregation Fund

This Chinese Congregation is an integral part of the church. However, they maintain their own accounts because of the specific method of their operation. Their income is from the regular giving of the congregation. Their expenditure is mainly their contribution to the main church for their use of the premises and for the future support of the ministry. The balance at the end of the year was £270,785.

Nursery

The Nursery (Ready, Teddy, Go) opened the year with a balance of £48,146 (BS6.2). There was a surplus of £15,929 leaving a balance of £64,075. Their income is from the children who attend and grants from Surrey County Council. Expenditure is mainly on salaries as well as activity material and the use of the church community hall.

Valuation of Properties

The church was included in the balance sheet at historical cost for the first time in 2015/16.

Reserves Policy

The Reserves Policy for the Church is to hold a minimum sum equivalent to 6 months’ average expenditure. This should be sufficient to meet any unforeseen item of major expenditure on the assessment and to be able to continue, in the short term, funding planned activities in the event of any inability to raise the funds from the giving of the church and the use of the premises. The current level is £120,000 and £126,750 for next year 2021/22.

Plans for 2021/22

There are still 2 years of funding required for the lay pastor. This will be funding of about £40,000 from bequests in the Gifts & Memorials Fund and there are sufficient funds available for this. The main part of future funding of the general fund will be borne by income as described above. Any long term shortfall will be borne by the Gifts & Memorials Fund.

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Epsom Methodist Church

TRUSTEES' ANNUAL REPORT (continued)

Basis of preparation and legal framework

The Charity’s annual report and accounts for the year ended 31 August 2021 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) 2015

Full Name of Church

Epsom Methodist Church

Registration Charity Number

1127787

Date of registration 30th January 2009

Main communication address Church Office Epsom Methodist Church Ashley Road Epsom Methodist Church Surrey KT18 5AQ

The members of the Epsom Methodist Church meeting are the Charity Trustees , membership being made up of church office holders, Minister and representatives appointed by the church at the Annual General Meeting.

The full list of current Church Council members and key lay employees is shown in Appendix A to this report. The full list of those who served during the year is shown in Appendix B.

Mr Richard T Smith acted as the principal officer overseeing the day to day financial management and accounting for the church during the year.

Independent examiner Jacob, Cavenagh and Skeet

5 Robin Hood Lane, Sutton, SM1 2SW

Investment Bankers

Central Finance Board of the Methodist Church Trustees for Methodist Church Purposes

Page 14

Epsom Methodist Church TRUSTEES' ANNUAL REPORT (continued)

Aims and organisation

The Charity objective is:

Provide public acts of worship and sacred space for church members and non-members. Teach Christianity in sermons, courses and small groups.

Visit the sick and bereaved.

Promote Christianity in events and services.

Provide children, youth, parents and senior citizens with a Christian ethos.

Promote the mission of the church in activities for older people, parents, nursery and toddler groups. Support specific charities in the UK and overseas financially and with prayer.

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

This is carried out in Epsom Methodist Church through:

Worshipping God through prayer, song and other acts of worship.

The organisation and resourcing of regular public acts of worship open to members of the church and non members alike. The teaching of Christianity through sermons, courses and small groups.

The resourcing of pastoral work including visiting the sick and bereaved.

Taking religious assemblies in local schools.

Promotion of Christianity through the staging of events and services.

Provision of chaplaincy services to local schools, care homes and other institutions as appropriate and when able.

Public Benefit

We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.

The governing document for the church is the Deed of Union (1932) and Methodist Church Act (1976)

Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference (CPD).

Day to day management of the church is undertaken by the Church Stewardship team along with the Minister.

The Trustees are appointed at the AGM of the church.

Trustee Training

A range of guidance produced by Methodist Connexion to support the effective running of the church, specifically the leaflet ‘The Role of a Trustee in The Methodist Church’ is given to all new Church Council members as induction to their role as trustees.

Related Parties

The Church is part of the Sutton Circuit which is part of the London District and is also accountable to the Methodist Conference.

The internal organisations linked to this church are: Scout and Guide groups Little Monkeys, weekly morning group for parents and toddlers Roots Coffee Shop, church open weekdays for refreshments Nursery - Ready, Teddy, Go, nursery meeting every weekday morning Loss and Bereavement Support Group Meeting 2nd and 4th Tuesdays Wesley Quilters, weekly sewing group Table Talk, monthly meeting for mothers Friday for Families @EMC, weekly morning group for parents and toddlers Chinese Congregation and all their related groups

Page 15

Epsom Methodist Church TRUSTEES' ANNUAL REPORT (continued)

Risk Management

The major risks have been identified and recorded by the Trustees with professional advice taken as required. There is a regular annual review process undertaken and recorded.

Income and Expenditure is being monitored in total and is compared with the approved annual budget on a quarterly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves.

The top risks in the church were last identified as:

1) We do not have sufficient volunteers for all the desired initiatives and we do not yet know whether the pandemic will have negatively influenced the willingness of those volunteers whom we have used.

2) The Pandemic may well have changed the way in which “Church” and “Services” are delivered and received. We will need to revise our strategic direction and forward planning as soon as we have some idea of the longer-term implications.

3) While EMC has been blessed with ample reserves the Pandemic has had a material adverse impact on our annual budget and

we will need to make adjustments if the level of deficits is not reduced materially.

These risks are being addressed in the Church Council, the Leadership Team and the Resources Committee.

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:

e the care and nurture of, and respectful pastoral ministry with, all children, young people and adults

e the safeguarding and protection of all children, young people and adults when they are vulnerable

e the establishing of safe, caring communities which provide a loving environment where there is informed vigilance as to the dangers of abuse.

»® We will carefully select and train 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.

e We will respond 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. e We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care.

e We will seek to challenge any abuse of power, especially by anyone in a position of trust.

e We will seek to offer 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.

e In all these principles we will follow legislation, guidance and recognised good practice

The Epsom Methodist Church commits itself to ensuring the implementation of Connexional Safeguarding Policy; government legislation, guidance and safe practices.

The Epsom Methodist Church commits itself to the provision of support, advice and training for 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.

The Trustees' Annual Report was approved by the Church Council on 16th March 2022 and signed on behalf of the trustees by:

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Rev Catherine Hutton
Church Council Chairman
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Page 16

Name of Church

Epsom Methodist Church

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Statement of Financial Activities (SOFA) for the year ended 31 August 2021
z43
Z= 3 S
&~2g32 eeB®ag owt23|5 = cEcs2) | 3fra2é =FiE
23“ S§ ohSge3 2Dugesvo3 2cuFSo g=Oo 2= Total Total
Income 28] 63 |[S8e£/ a5 Fd & 2020-21 | 2019-20
and endowments from: poe ee ee ee ee
Donations and legacies PT
Collections
and Gift Aid a5280| orseo| | | | aeaco| 205501
Donations and Gift Aid 2,542 1,150] 11,602 aL 15,419 47,775
legisfe| Tsao Ts. 708 | se
Charitable acti eeee ee ee
Use of premises by external users 24,337 ee ee 24,337 41,380
footstradingincome | | | sos] | seo] as sen
Inurseryincometl| apes TT atzcon| on.
Letting of church a ssf|| azz00| 5.200
lvestmensTET
Interest,ds| aso] ore | as | | gs]
osazarsa] | sane]| ast00[zeal sas]ef| asa s ao | 5 1,70 a an
Raising funds ee ee ee ee
lpookroivcotsTEs
Charitable aches ee ee ee ee ee
ers |Treat
Roots goods and other expenses le| | | 2,976 rf] 2,976 17,339
Nursery other expenses eeee ee eee
pulang utilities wo} | | aes | ozo
Building maintenance 11,786 || 1,093 rf 12,879 17,293
sos] |Toca]
e3see| 35500| ess] | | zassea| 2as.arr
sooo] | zoo] || soa00| 24,000
Depreciationomer| 3s00|Taso |16655| =|zs |||asa] | 2a.g00|taza | _s6.6013500
Other expenditure lis | | 11,771 a ee 11,771 5,568
rowtewpendtureNet || an aa0|oa0n6| seus | ose] -| asa | sos.
Net gains/(losses) on investments | asoesfTT s5068 | (aon)
income/(expenditure) | | 5,098 29,078 19,279 (2,529| | 50,926 22,522
Transfers between funds 2o7aa| (azo03)| (9,78) | |
Other recognised gains/(losses) a es es es es ee
Gains/{losses) on revaluation of fixed assets a
Actuarial gains/(losses) on defined benefit pension
schemes
Other gains/{losses) eses
Net movement
in funds ; | 25,819 | 18,075 9,561 2529] | 50,926 22,522
Reconciliation of funds || 2,091,615 252,710 | 410,187 7,275 mz 2,761,787 | 2,739,265
Total funds carried forward | | 2,117,434 | 270,785 | 419,748 4,746 | | 2,812,713 | 2,761,787
For information only Money received and passed on to External Organisations
Balance brought forward from last year 2021 2020
Offerings/Gifts - received for External Organisations 1,981 7,069
Offerings/Gifts- passed to External Organisations 1,981 7,069
Balance carried forward [ - {[ - |
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Page 17

Name ofChurch Epsom Methodist Church
Statement of Financial Activities (SOFA) forthe year ended 31 August 2020
= 2 3 fod z 3 5 »

For information only Money received and passed on to External Organisations Balance brought forward from last year

Offerings/Gifts - received for External Organisations Offerings/Gifts - passed to External Organisations Balance carried forward

Page 18

Epsom Methodist Church

			Balance	Sheet as at 31	August 2021
			Unrestricted	Chinese	Designated	Restricted Endowment	Totalsthisyear		Totals lastyear
			General Fund	Congregation	(Unrestricted)	Funds Funds
				Fund
				(Restricted)
			£	£	£	£ £	£		£
Tangible Fixed Assets*
		Notes
						a
linvestmentproperties S				CCE CdS CdS“($$ CTC voooofTCC				s—C(‘iTCESC 20,000
	Totalfixedassets		1919978]		33408]lt		1,959,386		1,967,402
Current Assets
DebtorsandPrepayments InvestmentswithTMCP Central FinanceBoardDeposits			37588] 132,683]	13,721 211,494			Pyed Tr 4,746
Cech at Bankandiin hand			9,826	60,053	Pe				ana
Totalcurrentassets			199,818	271,587	380,340	47a]	856,491		802,829
Creditors (dueinunder1 year) Netcurrentassets(liabilities)7 Totalassetsless current liabilities			Pe7) 197,456 270,785 380,340 4,746	2,117,434 270,785 419,748 a7,				3,164 853,327 2,812,713	8,444 I 794,385 =a 2,761,787
Funds ofthe Church
General Fund (Unrestricted)		BS6.1	2,117,434				2,117,434		2,091,615
Chinese Congregation (Restricted)		BS7.1		270,785			270,785		252,710
Other Designated funds (Unrestricted		BS6.2			419,748		419,748		410,187
Other Restricted funds		BS7.2				4,746	4,746		7,275
	TotalFunds				2,117,434	270,785	419,748	a7]	2,812,713

The financial statements were approved by the trustees on 16th March 2022 and were signed on their behalf

Rev Catherine Hutton

Page 19

Epsom Methodist Church

Statement of Cash Flows for year ended 31st August 2021

|202 | 2020
GO
-S|202 | 2020
GO
-S|202 | 2020
GO
-S| |---|---|---| |Cashflowsfromoperating activities|mni|| |Net cash provided by operating activities|(21,076)|4,597| |Cashflowsfrom investing activities|a|| |Interest receivable|4,839|7,283| |Purchase ofinvestments|||(50,380)| |Proceeds from sale of investments|31,350|24,186| |Investment in property, plant and equipment|(6,225)}||| |Net cash used in investing activities|29,964|(18,911)| |Change in cash & cash equivalents in the reporting period|8,888|(14,314)| |Cash and cash equivalents atthe beginning ofthe reporting period|499,067 }|513,381| |Cash & cash equivalents atthe end ofthe reporting period|507,955 ||499,067| |Classified ontheBalanceSheet as:-|ee|eee| |TMCP deposit|144,000 ||144,037| |Central Finance Board Deposits|229,961]|240,588| |Cash at bank and in hand
133,994]
P87 955 |||114,442
499,067| |Reconciliation ofnet income/(expenditure) to net cashflow
fromoperatingactivities|a i|| |Net income/(expenditure) from reporting activities (as per the|a|| |Statement of Financial Activities)|50,926|22,522| |Adjustments for:-
[Non-cashdonations|rr
14,241| __13,598
(4,839)|
(7,283)|| |Gains/(losses) on investments|(35,063)|4,044| |Net(income)/expenditure onendowmentfund|}
||6,022| |(Increase)/decrease in debtors|(41,061)|6,328| |Increase/(decrease) in creditors|(5,280)|(40,634)| |Netcashprovidedbyoperatingactivities|(21,076)|4,597|

Page 20

Epsom Methodist Church

Notes to the Accounts

1 Basis of accounting and accounting policies

• i Basis of accounting

Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), SORP(FRS102), as amended by Update Bulletin 1, and the Financial Reporting Standard applicable in the UK and Republic of Ireland, FRS 102.

ii Public benefit entity The Epsom Methodist Church meets the definition of a public benefit entity under FRS 102. It is an unincorporated charity with a main address of Epsom Methodist Church, Ashley Road, Epsom, K18 5AQ, iii Basis These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year. The accruals basis has been used and trustees present accounts that showa true and fair view of the Church's financial position and activities. The financial statements are prepared in pounds sterling rounded to the nearest pound.

• iv Charities Act The financial statements have been prepared under the Charities Act 2011 and the 2008 accounting and reporting regulations in order to be able to showa true and fair view, as required by the regulations.

• v_ Going concern Based on the monetary assets and human resources available at 31 August 2021, the trustees believe that the Church is a going concern.

• vi Income recognition Income is brought into account when there is entitlement, the amount is reliably measurable and it is more likely than not that the economic benefit of the income will be forthcoming.

In accordance with the Charities SORP (FRS 102), the time of volunteers is not recognised. Further information on this matter is provided in the Trustees’ Annual Report. vii Expenditure This is recognised whena liability is incurred, or a constructive obligation arises, where the amount is reliably measurable and it is considered more likely than not that there will be an outflow of economic benefit. viii VAT Since the Church is not VAT registered, all input VAT is charged with the expenses to which it refers. ix Tangible fixed assets These are capitalised if they can be used for more than one year, and individually cost at least £1,000 and are written off over a specified number of years. The freehold and/or long leasehold property is shown in the accounts at deemed historical cost representing the property's gross carrying value at time of being built. No depreciation is provided because the trustees consider the residual value of the property in its present condition to be not less than its insurance cost and, in the absence of any evidence of impairment, any depreciation provision for the buildings component of the property would be immaterial.

x Monetary Investments The Church's investments are deposited with TMCP as custodian trustees. The valuations, at market value, are those provided by TMCP. 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 policy as determined by the Methodist Conference. The funds that support the Church's other funds (as listed below) 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.

• xi Receivables and Payables; Bank and Cash Debtors are stated at the amounts owed to the Church or prepaid by the church. Creditors are recognised at the amount expected to be settled.

• xii Methodist Connexional Funds The church pays an assessment/share quarterly to the Sutton Methodist Circuit. The District (a group of contiguous circuits) quarterly remits to The Methodist Church Fund most of the sum received from the Circuits. A small sum is retained by the District to meet its own costs.

Page 21

Epsom Methodist Church

Notes to the Accounts

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2 Collections and gift aid
Pp [t~—“‘“S;SSSSSCCSCSCSCSCS] General Chinese] 2021] 2020
3 Donations
[Donations[Donations| tothe towards churchthe cost generalfund ofthepremises_|| S522]Generalir= 20[Yecnetezaon|Chinese||522,266T0998Designatedtans || Restricted“tans | ozal aon|
[DonationsforRoots[DonationsforChildrenandFamiliesLeader[| | Cd toz | | o02 | 19,723 |
[DonationsforBookFair CCT CE CC
Tt
[DonationsforBenevolenceChinese Congregationdonations CT|| CEC| sofCT Tt]1,968ts|12,6995125 | |
Transfers—C—‘“‘“;‘sé‘MSSC“‘<‘(SSdTSCTC
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4 Legacies

A part (£10,000) of a legacy was received during the year. The balance of £42,293 was received during the year 2021-2022 and was included in the accounts as a debtor. A further bequest of £500 was also received.

5 Income from use of the premises

The income from the use of the premises by outside users was £24,337. The rental income from the caretaker's flat was £13,200 for the year. In addition to these, £25,220 was received from church organisations who make a contribution (not a charge) towards the use of the premises.

P22]2020

Church organisations which do not appear in this report contributed £995 for their use of the premises. Other church organisations which appear in this report contributed £25,220 (Nursery £14,220, Chinese £11,000) by transfer. This totalled £26,215 which was contributed by church organisations.

6 Roots

Roots is a coffee shop run by the church offering hot and cold drinks, snacks and light lunches. It also takes bookings for parties and business lunches. It is a significant part of the outreach of the church and until the Covid-19 pandemic broke in March 2020 was very successful. Following the outbreak it closed down and only started trading during September and October 2020 and then fully again from May 2021. It is not intended to make a profit but, until the temporary closedown, was on target to break even. The church underwrites any loss on the year. Last year this was £7,866. This year it was £4,627. This support comes from the Mission and Outreach Fund and is a part of its budget. All income is from over the counter sales. The breakdown of costs is very simple and is as follows:

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Specialbookings
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Epsom Methodist Church

7 Nursery

The Nursery, which is OFSTED approved, has been operating in the church for very many years. From January 2021 it runs every weekday in term time from 9.15am to 3.15pm and takes children from the surrounding area. It makes a donation, currently £1,270, each month for the use of the church hall. It has its own management committee comprising nursery staff and church members. Its operating costs each year are of the order of £96,000. It was incorporated into the church accounts in 2018/19. Its funding is from the parents’ fees and grants from Surrey County Council. Its main expenditure is on staff wages and equipment and the use of the church Community Hall.

|JOpeningbalance
TCs,
147
Income
SurreyCountyCouncilgrants
72,550]
[Other
grantsanddeposits
| 8217]
Fees28,824
[Depositsanddonations
|900
Fundraising
85| |---| |interest8
Totalincome
CS
212,706| |Expenditure
CCT
sd
Staffeosts
72,624
Administration
TS
SOT| |[Donations
tof
Returneddeposits
|800]
Equipmentrepairs
Tat
JOtherexpenditure
|
Totalexpenditure (lessstaffcosts)
||
24,154
Closingbalance
T4075|

Nursery expenses of £24,028 (see SOFA) comprise £24,154 less transferred printing costs of £126.

8	Interest
	P
9	Trust fund management charges
	sage 8G j9s20sf ws] 595 aoa 21290 HudsonBequest_

Page 23

:

Epsom Methodist Church

10 Mission & Outreach

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|||| |---|---|---| |fodTeachingCC897 || |325| |Subscriptions|C—(“‘iLSSCC(|TBI| |CCi‘“‘“‘C‘*drSCCCT| |Worship|8|| |TransferTransfertoprinting to Roots forrefreshmentsCE||988154 ||

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Mission and Outreach are at the heart of the church's work. This covers work with children and adults both within and outside the church. The work is described elsewhere in this report. Mission & Outreach is not expected to cover its costs, so a budget is set every year to enable the work to take place. Food, Worship and Subscriptions were moved to Administration for 2020/21 so are not recorded here.

11 Property utilities and maintenance PP[t—“‘CO;NCL] E64] Cleaningutilities CSC‘GeneraliDesignated]OAT Restricted] 2021] 2020]20,353] insuranceFlat C—C <idCS~idE C (‘sawsBT[T8872],] 1,825] 11,862621 fTotalutilities —C—~sYT SO 50] 384 [Maintenance andRepairsTotal C—“‘;‘“;CCLSCSCéKS|ss|_—14,786]S236 B97 1093],|93] 36,490]28,601]12,879] 140,1705 7, 2946 3]*

12 Administration

PoC2021] 2.020

Page 24

Epsom Methodist Church

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13 Salaries and associated costs
Salaries were paid to 11 staff and were as follows:
pT
Salaries559General] Chinese[Designated| 2021] ~——-2020
[National T 42,082] 97,875] 102,184)
Pension FundInsurance ContribuCon t ributionsions ||Sa]8t CdT:CT2909]Cit 5,8930G ] 52 , 177848
Furloughpay aa C8580] 12,054] 22,602]
Nurserypayrolicosts TCT CdTCs722,624T 72,624] 77,666
[ChineseministryTCS85 S00] CSS(35,500] 36,000
The Government furlough scheme was introduced at the beginning of the lockdown in March 2020 due to the corona virus
pandemic. The church took advantage of this and the following contributions were received this year for the general fund:
caretakers £307, secretaries £2,305, music director £859, total £3,471 and designated funds: Roots £8,580. The total received
was £12,051. This is recorded under other income in "Other".
The Chinese ministry is a payment to the Sutton Methodist Circuit for the full cost of this ministry. This comprises stipend,
expenses, manse rent, council tax and water rates. Of the full cost, £20,000 is received as a grant from the Methodist Connexion
and £6,002 as a payment from the Malaysian Conference. The remaining £35,500 is underwritten by the Chinese Congregation.
Mr Michael Arthur, the husband of the trustee Mrs Ann Arthur, was paid gross wages of £303 (to August 2020: £2,660) for his
work as a caretaker until his retirement at the end of October 2020. Mrs Hannah de Bourcier, a trustee of the church, was paid a
gross salary of £29,320 (2019/20 £19,333 for 8 months) for her work as the Children's and Families' Leader. Her husband, Simon
de Bourcier, was paid £5,000 for his work in the preparation ofscripts and other documents for Hannah de Bourcier's work.
Hannah de Bourcier's salary while a trustee is covered by this declaration in the Constitutional Practice and Discipline (CPD) of
the Methodist Church - Employees of managing trustees may become members of the body constituting those trustees ex officio
or by election or appointment on the same basis as if they were not employees and may retain any increased benefits resulting
from a subsequent change or changes to their terms of employment as if they were not trustees. (CPD Part 2 Model Trusts 2
Managing Trustees (2))
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14 Circuit share

Epsom Methodist Church is a part of the Sutton Circuit which is a group of churches in north east Surrey. The Sutton Circuit is responsible for the housing and payment of all the ministers in the circuit and it also makes a contribution to the London District who pass most of this to the Methodist Connexion which is the head of the church. The District acts mainly in an advisory role and has 3 (2 from September 2021) chairs who oversee the 33 circuits in the district. The circuit payment to the district pays towards these chairs and their support staff. The circuit pays for its ministers' housing and stipends. Each of the churches in the Sutton Circuit is invited to make a share offer to the circuit for the funding of the ministry and this constitutes the budget for the circuit along with other income from the letting of unused houses. This year Epsom Methodist Church offered a share of £104,000 (£130,000 in 2019/20). This was taken from the General Fund (£84,000) and the Gifts & Memorials Fund (£20,000). Further to this, the church sought a reduction in the final quaret's payment of £6,000 (£32,500 down to £26,500) thus reducing the total for the year from £130,000 to £124,000. This was agreed by the Circuit Leadership. Because of the pandemic and its effect on the income of all the churches in the circuit, the circuit agreed to underwrite any loss on its budget by allowing the churches to offer all they could afford. As a result, Epsom offered £104,000 for 2020/21.

Page 25

Epsom Methodist Church

15 Donations to charities

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |TC[Methodist™~—“CS™SC™CSGeneral|Chinese]|Designated] Restricted|Endowment | __2021||2020)| |Methodist Church Missionin BritainFund|[soo],||| |Support[MethodistforPresbytersandDeacons|Ch|urchurchTrainingFundPropertyFund|———s|s|||||S|—S—s300],—SS350]Oo]— =~](|§$|(S|CETCTCT| |[Methodist|Ministers'HousingFund|||750), =|||3,500}|3,500)| |[Donations|supporting|Chinese|ministry|[|_||teessf|||||16,655]|12,960)| |BookFairdonationstocharities| |INuseryBenevolenceFund|[—]|C“‘RSSSC“‘d;C($SSSCCST[||| TCSCT|54]|||654]|500| |C—C“‘“‘;S™S™Cd:CSCéSCSOOY;CDGWOSS|| |froth|CC‘; SSdTSTCUdT|TCU|S54]|22,809]|16,960)|

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16 Other expenditure

Chinese] Designated [Excess of accruals from previous year forsundrycosts | 4771[ | T1774] (7,794) [Close[CloseandtransfertoEpsomBookFaircic trustBook Fairfund21290 (Peggy Hudsontrust)(noteBs8)_ [|| |[| TT| | 7,3176042 Chinesesundrycosts, Ci‘; CT Guidessundrycosts—CC—“‘CSSC [Closeotal(transferfundstoBenevolenceFund)Burden Trust —“C—sSCSCSCSTaa[ [TT P8775, 568 |

17 Transfers between funds

The following transfers were made between funds.

PO—“—~s—Ss—s—sisTtT Transfersfrom [Useofpremises |= 25,220[ (14,000)[ | (24,220) Printing S|ST] [Underwritedeficit[Wagesforadditionalstaff|S| (4628)[[| ST| ezat | TotalProvisionoffoodforeventsCCS[|20,722] (1,003)]TT4,628] (14,346)] |

Page 26

Epsom Methodist Church

BS1 Church Buildings

The church and other buildings have been valued at build price for each of the stages of their development. These are the stages recorded:

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Original|build|cost|1914|£7,700| |Construction|of church|hall|and|caretakers|flat|1959|£18,000| |1962|£5,529| |Construction|of vestibule|1968|£3,258| |Construction|of|Leyland|Rooms|1984|£37,000| |Church|development|phase|1 —|addition|to|church|and|welcome|area.|2008|£1,280,157| |Church|development|phase|2 — youth|hall|2012|£553,800| |OOSOOCOCSCSCSCSCSCSCSdSC|905| |fol| |The|Insurance|value|of the|church|at|31st August 2021 was|£6,725,722|(31st August 2020|£6,615,722).|

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Church buildings and other major property

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|||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Church|(non|||Othernon|||Investment| |investment)|||investment|||properties|Fixtures,| |Church|(non|investment)|land|land|and|land|and|(land|and|Other fixed|assets|fittings|and| |and|buildings|buildings|buildings|buildings)|||including|motor vehicles|||equipment|Total| |£|£|£|£|£|£|£| |Balance brought forward|4905,444{|ff|87,098|||2,042,542| |JAdditions|6,225|6,225| |Balance|carried|forward|1905444{|—-ffs|93,323|||2,048,767| |Accumulated|depreciation| |DepreciationBalancebroughtforward||TTCC“‘“CSSCC#C:CC#S5S,|10|85,140| |Balance|chargeforyear||||TEC“‘“CS™C‘#d:SCWC‘éd;C2|14,241| |carried|forward|pe|99,38|99,381| |Net|book|value| |Brought forward|1905444{|=P|[50,958]|[1,957,402| |Balance|carried|forward|14905444]|-fT|43,942|||1,949,386| |The|boiler and|fire|doors|are|written|down|annually|by 10%|and|the|rest by 20%|on|a|straight|line|basis.| |Investments| |Change|in|investment|values| |Burden|Bequest,|Hudson|Bequest|and|National|Savings|Investment|Bond| |P2021|2020| |Carrying|(market)|value|at|beginning|of year|10,000|16,022| |Add:|additions|to|investments|at cost|ee|ey)| |Less:|disposals|at carrying value|PY|6,054| |Net gain(loss)|on|revaluation|ee|ee)| |Carrying|(market)|value|at|end|of year|10,000|10,000| |Deposit|and|Investment|Funds|at TMCP| |P2021|2020| |Carrying|(market)|value|at|beginning|of year|408,979|373,666| |Add|Interest|on|investments|1,176| |Add|Dividends/fixed|interest|received|3,982|4,428| |Less:|administration|charge|(818)|(747)| |Add:|additions|to|investments|at|cost|||58,686| |Less:|disposals|at|carrying|value|(35,035)|(24,186)| |Net|gain/(loss)|on|revaluation|35,063|(4,044)| |Carrying|(market)|value|at|end|of year|412,655|408,979| |Balances|in TMCP|funds|by|deposit|and|investment| |202|2020| |Balance|in|Deposit|fund|232,474|212,926| |Balance|in|Investment|fund|144,001|196,053| |Balance|in|CFB|Short|Fixed|Interest|Fund|36,180]i| |412,655|408,979|

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BS2_ Investments

Page 27

Epsom Methodist Church

BS3 Debtors and Prepayments

P20222020 [Gift Aiddue on Chinese congregationfunds | = T - Rootsstockatyearend[Balance2021-2022,of legacy receivedin 42,293] | C—C—“‘“‘iRSCSC“‘(CSSCdTC228| lUnpaidutilities CC‘;

BS4_ Analysis of cash at bank

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||||| |---|---|---|---| |20212020| |WorkingFundsCid| |[|C|FBfundbalances|TCT| |[DepositFundsCisTC| |fTrustfund20912,ss|C—C“‘i‘“‘iLSCC|8,262 ||

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The total for comparison with the balance sheet is the sum of the TMCP trusts, the CFB deposits and the bank balances. When they occur, the TMCP endowment funds are added in too (2020 comparison)

BSS Analysis of current liabilities and long term creditors

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||||| |---|---|---|---| |2022020| |Provision for Chinese Congregation|||802|||

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Page 28

Epsom Methodist Church

BS6 Unrestricted Funds

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BS6.1 General Fund
I t
Gains
General Fund 2,091,615 | 174,375 204,340 20,721 35,063 2,117,434
2019 . Investment
Expenditure | Transfer ; 2020
Gains
General Fund 2,105,479 | 216,434 240,203 13,949 (4,044) 2,091,615
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The main asset of the fund is the original build value of the church, £1,905,444. In addition the General fund maintains liquid assets which amount to £207,458 which are for use at the discretion of the trustees in the furtherance of the general objectives of the Church and which have not been designated for other purposes. The General Fund received by transfer £11,000 from the Chinese Congregation for their use of the premises.

BS6.2 Designated Funds

----- Start of picture text -----
Roots|2020 | IncomeC8989|Expenditure10,616,| Transfer4627] [ Value of stock=|| 2021CY
GiftsChildren & Families Leader 30,868| 11,602 37,617,|e| 4,853
& Memorials 283,280] 52,793 24662} -{|| 311,411
48,146] 112,706 82,432| (14,345)| 64,075
47,893| 3,569 12,053] =| 39,409
410,187] 186,659] 167,380] _(9,718)/ 419,748
2019 | Income12,968|Expenditure| Transfer [ Value of stock | 2020
RootsC941 58333|12,568] (1045)}8921; [CY|
Children & Families Leader 38,181] 21,889 29,202] = -{| 30,868
Gifts & Memorials 245,263] 58,688 20671, +2-{|| 283,280
49,162| 93,805 84,502| (10,319)[ 48,146
59,833] 14940} -|| 47,893
393,084] 236,762] 217,216] (2,443)| 410,187
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The purpose of the Book Fair is to generate funds for donations to charities and is the church's main fundraising activity. The balance retained was for setting up the following year. Prior to the running of the Book Fair, the event was removed from the church accounts to become a Community Interest Company, Epsom Book Fair CIC. Hence the funds were transferred to the new company and the closing balance in the church fund became zero. During the setup of the Book Fair each year, small costs are incurred. Also, during the Book Fair itself, the Roots card payment machine is used to receive payments. Both of these transactions are managed by the church and then reconciled with the Book Fair when it is closed for the year.

Roots Coffee Shop provides a refreshment service to the church and the local community in a safe and friendly environment. It is not intended to be profit-making but would ideally break even. The Covid-19 pandemic closed it down at the end of October until May 2021 because there were no activities in the church. The main 2 staff were put on furlough and were paid for their basic hours. By the end of the year, the church transferred £4,627 from Mission & Outreach into its funds to cover the operating loss.

A renamed Children & Families Leader was appointed in January 2020. Mrs Hannah de Bourcier took up the post and has shown herself to be very effective at her work. As well as running children and family activities, she presents the FAME channel on Youtube (FAMilies at Emc). Unfortunately, she had to resign at the end of August 2071. The future af the nast is heine considered during the early nart af the 2071/22 vear. The Gifts & Memorials Fund receives bequests from the estates of church members and others who have died. A part bequest of £10,000 was received during the year. This fund covers part of the cost of the Lay Pastor Chris Shaw and other capital costs.

Equipment is mainly the gas boiler, audio visual equipment used on the church premises, the setting up of the Roots coffee shop and the new organ and piano. The expenditure is the reduction in value as the equipment is written off.

Page 29

Epsom Methodist Church

BS7.1 Chinese Congregation Fund

Chinese Congregation	Fund
Chinese Congregation		2020	252,710	Income_
[FundName Chinese Congregation			2019	227,038

The purpose of the fund is for use at the discretion of the trustees in the furtherance of the general objectives of the Chinese Congregation. Its main source of income is the giving of the Chinese Congregation both weekly and by special collections. A transfer of £11,000 was made to the General Fund for the use of the premises.

BS7.2 Other Restricted funds

|Benevolence fund|Benevolence fund|2020 | Income_|Expenditure
| Transfer_|
6,109]
125)
26544
iiftC
7,275
2,654]||2021
3580
1166
4746| |---|---|---|---| |||2019|2020| |Benevolence|fund|64a4fast
Oo],
|
iiss}
8]|
7642]
33]
500],|109
66
275|

The Benevolence Fund is required by Methodist Standing Order 651 and is for the relief of poverty and distress.

The Church holds funds for small groups within the church's life where interest is earned for the funds from being invested in the Central Finance Board Deposit Fund.

All references to transfers are explained in section BS6.1 and BS6.2.

Page 30

Epsom Methodist Church

BS8 Endowment Funds

The Burden bequest and the Hudson bequest have both been closed.

Funds of Other Organisations in the Church

Openi Closi Internal Organisations pening Expenditure iis balance balance
Cricket Club 1,085 2,385 2,009 1,461 Genesis,TT] LittleMonkeys ay)a)

ON1 Capital commitments and contingent liabilities

At 31st August 2021 the Church had no capital commitments.

No contingent liabilities were identified at 31st August 2021.

ON2 Loans and creditors due after one year

No loans and creditors due after one year were identified at 31st August 2021.

(ON - Other Note)

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Epsom Methodist Church

ON3 Related party transactions

|Name ofrelated party
Relationship |Payments to related | Payments to related| |---| |parties duringthe | parties duringthe year| |year 2020/21
2019/20| |=| |[MinisterialTraining
«Conexion |
OO
CC)| |[Epsom & EwellFoodbank™
(Charity |
2,500)
[Epsom MethodistScouts
Church |
500
[Epsom &Ewell PHABY
Charity, |
75
[Hope4Malawi
Charity |
3,200
[Church ChildrenandFamiliesLeader
[Church |
«000
[Epsom MethodistGuides
[Church |
2,000)
[RainbowTrust
Charity |
850)
[Garden Roots Children'sCharity
[Charity =|
9000)
[ChristianAid
SSCSC*dChrity’=|
|
a
a
LY|

All transactions were donations. All donations marked * were made through Epsom Book Fair CIC. The explanation about the reason for the Book Fair being a CIC is explained on page 9 under the financial performance review.

During the year there was no: Income from related parties Loans to or from related parties Amounts owed by or to related parties on 31st August 2021

Page 32

Epsom Methodist Church

Chinese Congregation Report

Income

A number of areas of giving continue to have been affected by the pandemic. The Sunday offering (£58,570) has increased again (2020 £53,296).

The Thanksgiving has dropped by almost half from £6,825 to £3,515. However, the Mission Fund collection has more than doubled from £5,090 to £11,925. :

There was a special collection of £1,150 to support Jerry in his theological study.

Interest from the Central Finance Board account decreased with the sharp fall in interest rates from £1,349 to £274.

Gift Aid had been expected to fall but actually increased from £11,005 to £13,124.

The year to April 2021 has seen more members making regular bank transfers.

A further help was that the English congregation did not use all of its GASDS (small donations) allowance and the Chinese congregation benefited by £1,110.

Total income was up from £78,347 (18.7%) to £93,004.

Expenditure

There are 2 main items of expenditure. The first is the support for Rev Ung Soon Nguang, our minister who joined us five years ago. This year the support of £35,500 was contributed to maintain the Chinese Ministry Fund with a positive balance. This was a small decrease of £500 over the previous year (£36,000). The grant of £20,000 was still in place but this is the final year. The contribution was significant, being 51.35% of all expenditure (£36,000, 58.19%) in 2020).

£16,504 (23.22%) was contributed for Jerry's theological study, this being the first year of a three year course.

£5,090 was accrued in the year and scheduled to be paid in 2021-22.

Summary

Our income comes mainly from Sunday offerings, tax refunds and Thanksgiving. There were also collections for missionary funds and other special offerings.

The expenditure has been mainly on the following:

• © Cost of ministry.

• e@ Sponsorship of theological study.

• e@ Worship and helping the Hastings Chinese congregation to have regular weekly worship.

• © Support of pastoral care including home visiting of members, the farewell at Pastor Yip's retirement and Christmas gifts.

Page 33

Appendix A

:

Epsom Methodist Church

The following are the current members of the Church Council (Managing Trustees):

Ministers

Rev Catherine Hutton, Rev Ung Soon Nguang, Mr Chris Shaw

Secretary

Richard Chandra-Rajan

Treasurer Richard Smith

Stewards Team

Mark Angel, Val Imms, Simon Jump, Lisa Halstead, Hilary Willson (not trustee) Jane Rusis, Tom Rusis

:

Property Stewards

Jacqui Raggett

Pastoral Secretary

Pam Brogan

Chairman of Resources Committee Mr Andrew Jennings

Chinese Congregation Mr Chee Hong Fui

Circuit Steward Representative Vacant

Elected Representatives

Ann Arthur, Jane Barden, Liz Frost, Robert Hill, Gillian Mead, John Riley, Meryl Smith

The following are the trustees who served during the year and are appointed by the Church Council as and when necessary.

Mr Mark Angel (appointed 05/07/2021) Mrs Ann Arthur Mrs Jane Barden Mr Jim Bosley (resigned 12/10/2021) Mrs Pam Brogan Mr Richard Chandra-Rajan Mrs Hannah de Bourcier (resigned 31/08/2021) Mrs Liz Frost Mr Chee Hong Fui Mrs Hilary Gudge (resigned 05/07/2021) Mrs Lisa Halstead Mr Robert Hill (appointed 05/07/2021) Rev Catherine Hutton Mrs Val Imms Mr Andrew Jennings

Mr Simon Jump Miss Sharon Lam (resigned 23/02/2021) Mrs Gillian Mead Rev Ung Soon Nguang Mrs Jacqui Raggett Mr Steve Rebus (resigned 0507/2021) Mr John Riley Mr Chris Shaw Mrs Meryl Smith Mr Richard Smith Miss Carol Stringer (resigned 12/10/2021) Mrs Kathryn Thompson (resigned 05/07/2021) Mr Peter Thompson (resigned 05/07/2021) Mrs Hilary Willson

Page 34

Epsom Methodist Church

DECLARATIONS

Treasurer

| confirm that | have prepared the accounts from the records of the Church and that they include all funds under the control of the Church Council.

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Signature of Treasurer ee-?’ ( Date 16th March 2022
Name Richard T Smith
Address
13 Hazon Way, Epsom, Surrey, KT19 8HD
Presentation to the Church Council Meeting for approval.
| confirm that the Accounts were presented to the Church Council Meeting on 16th March 2022
Signature of the Chair of the meeting 0 Age
Nameofthe Chair of the meeting feu Crihmine tution
Date 16th March 2022
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Page 35

;

Epsom Methodist Church

Independent Examiner’s Report to the Trustees of Epsom Methodist Church

| report to the charity trustees on my examination of the accounts of the Epsom Methodist Church (the Church) for the year ended 31 August 2021.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

| report in respect of my examination of the Church's accounts as carried out under section 145 of the Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner’s Statement

The church’s gross income exceeded £250,000 and | am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Church as required by section 130 of the Act; or 2 the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Report) Regulations 2008 other than any requirement that the accounts givea ‘true and fair view’ which is not a matter considered as part of an independent examination; or

2. _ the accounts have not been prepared in accordance with the methods and principles of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102)

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Name Paul Newton FCA Jacob Cavenagh & Skeet 5 Robin Hood Lane Sutton Surrey SM1 2SW

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Signature Uf / f
A,
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Date

Page 36