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2023-08-31-accounts

Tilehurst Methodist Church

Annual Report for the year ending 31 August 2023

4. Administrative information

Mrs Anne Ainger - ret Mr Stephen King — ret Mrs Liz Aldersley Mrs Linda Langridge Mr Chris Armstring-Stacey Mrs Ellen Ludlow- ret Mrs Alice Brown Mr Don Moffat Mrs Lola Brown Mrs Joan Moffat Mr Barrie Davies Mr Jon Skeet Mrs Jacqui Davies Mr Steve Skelton Mrs Paula Davies Mrs Jennifer Tipper - ret Mrs Jenny Dimmock Mrs Lucie Twivey Mr John Drabble Mrs Chris Vallis Mrs Gerry Duggan Mr Tony Vallis Mrs Ruth Fleming Mrs Pam Virgo Mrs Kate Frankel Mrs Mary Walton Mrs Emily Goodman Rev Helen Watson

ret — retired during the year.

2. Structure, governance and management

T

e arecord of the assets and liabilities of the charity.

3. Objectives and activities

Core statement: Actively celebrating and sharing God's unconditional love.

Unpacking the core statement:

2

Detail sections expanding what this means:

Worship

In our worship we respond in varied ways to God's love for everyone. We celebrate and explore our relationships with God and each other. God brings us together in worship, encouraging participation and embracing diversity.

Learning

We welcome the opportunity to learn from God's Word and from each other throughout our lives. Everyone has something to offer from their experience, and we all have room to grow in faith. Each individual journey is different, but we travel and learn together. We encourage discovering more about God from diverse viewpoints. We recognise that this will sometimes lead to change that we may find difficult, but in God’s name we are willing to risk our comfort.

Service and Caring

Following the example of Jesus, we demonstrate God's love for everyone through service and caring. Like God's love, our service does not stop at physical, social, or cultural boundaries. We work within our local community to discover and respond to individual and shared needs in practical, prayerful ways. We live out God's call in the global Kingdom, for the Earth and all who share it.

God’s story and our story (evangelism)

We rejoice in the Good News of God’s love for us, shown in Jesus Christ. In all our worship, learning, service and caring we confidently share our experiences of God's love, so that our personal stories may help others to experience and respond to that love themselves.

3

the Church were moved to the halls. However, by late September, with new carpet tiles, the Church was open again.

4

  1. Financial review

  2. a. The financial effect of the pandemic this year on the Church's finances has again been limited. However, the increase in electricity and gas prices have had a significant effect on the Church's running costs and this is expected to continue for the foreseeable future. Offertory has remained stable. The donations received from hall users has still not returned to pre-pandemic levels, and it is still uncertain when income will return to normal levels. The trustees consider that the church remains viable. The Church received a legacy of £68,000 during the current year and has received another bequest of more than £190,000 in September 2023.

  3. 52 On 31 August 2023, the cash funds of the Church totalled £208,996 an increase of £39,476 compared to the previous year. This increase can mainly be explained by an increase of £69,273 in the unrestricted legacy funds (new legacy received during the year and interest), a decrease of £25,442 (income £5,785 and expenditure of £31,227) in the Children’s and Family worker support funds, together with general and property fund increases /decreases of £1,634 and £7,256 respectively. The internal church organisation's (Tots@TMC, Triangle Players, Wesley Guild and Table Tennis Club) cash balances increased slightly from £13,534 at the start of the year to £15,514 at the end.

  4. 5.3 £15,911 of the church funds are in restricted funds which means there are restrictions on how they can be used. This total is held by church organisations (£15,514) together with other funds of £397.

  5. 5.4 The unrestricted cash funds of the church on 31 August 2023, comprise the general fund balance £52,430 (last year £50,796), the property fund £45,851 (last year £53,107) and the legacy funds of £94,804 (last year £25,531).

  6. 5.5 The insurance valuation of the church buildings is £3,802,086 and contents £195,205. The depreciated value of the organ is now £fnil. Last year the total value was £3,687538. It is believed that the market value of the church buildings would be significantly less than the insurance value.

  7. 5.6 The repairs and maintenance costs of £26,702 (last year £22,506) includes £5,223 remainder of the cost of the new Church carpet, £4,099 hall floor repair and renewal, £1,495 for smart heating controls, £1,736 new bench, and planter at the front of the Church and £696 for a new noticeboard. Two cameras for streaming services of £3,033, a replacement boiler in the halls costing £3,332, new floodlights of £1,565 and the deposit for the Church carpet of £5,222 were the major items of expenditure last year.

  8. Reserves policy

  9. 6.1 The activities of the Church are funded by donations from individuals and users of the premises. The Church Council approve a budget for the running of the Church annually. This budget includes provision for delivering the objectives of the Church through church services, maintaining premises which are used extensively by community groups as well as organisations that are affiliated with the Church and through donations to Methodist Church mission funds, national and local charities.

  10. 6.2 _ In setting its budget for the year the Church Council considers the projected impact of changes in the Circuit assessment, administrative expenses and the maintenance needs of premises and their impact on the general reserves of the Church.

  11. 6.3. The Church's most significant item of expenditure is the monthly Circuit assessment. The Church aims to maintain general fund balances that are sufficient to fund one quarter's expenditure. In addition, the Church must also retain balances to cover various improvements that are needed to its property. Currently there is no depreciation provision in the reserve.

5

Approved on behalf of the Church Council by Rev Helen Watson

teher WUT.~~

§

CHURCH RECEIPTS AND PAYMENTS ACCOUNTS

THE METHODIST CHURCH

STANDARD FORM OF ACCOUNTS

Tilehurst Methodist

----- Start of picture text -----
Church
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FOR THE YEAR ENDED

Thursday 31 August 2023

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Basingstoke & Reading Circuit
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26 / 04
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Registered Charity - Charity Registration number

1127823

If not a registered charity Her Majesty's Revenue and

Customs Gift Aid number

(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are noi registered charities are excepted from registration under Statutory Instrument 2014 No.242)

Minister:

----- Start of picture text -----
Rev Helen Watson
Church Stewards:
Jenny Dimmock Chris Vallis
Liz Aldersley Don Moffat
Jon Skeet Joan Moffat
Lola Brown Chris Armstrong-Stacey
Deans HE Eaaaed Ed aabE LLL MEMS AOS) SASS SINS ESL RESID Hd SSDP NEMD BANOS ARUBA ESAI BANISH ANS EMRE BEANO TE) HBSS DESAY ANG AESARB SADE ASD MER ESSER AAD AERP UAE RD HRSG TR
----- End of picture text -----

Treasurer:

Linda Langridge

Churches-receipts-and-payments-2023.x|s

1of5

----- Start of picture text -----
|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |ACCOUNTS FOR THE YEAR ENDED|31 AUGUST 2023|Tilehurst|Church| |Methodist| |aewmemSECTION A||||UnrestrictedFunds|RestrictedFunds|Totalsear this|Totalsearlast| |RECEIPTS|||note|||e¢|||¢||||¢|||||¢| |Offerings and|Tax recovered|a|___|93,334|||||93,334|91,478| |Bank|and|CFB|interest|and| |a3|Investment|income|3,568|229| |lad|uetings|Ss|||SCS|zs]|||.|27.640| ||a5\ Other receipts|Po|ll|74,698]|10,789|85,487|24,159| ||a6| TOTAL RECEIPTS||st|205,859]|—10,789]||216,648]|(a7)|||[143,505]]| |SECTION|B| |pi|PAYMENTS| |fb2|Circuit Assessment orShare_|=||—s||S846]||||84,486|73,489| |lb3|Donations|=|CiLCCCC‘dL:CSCs7o]SSC| |Repairs and|Maintenance|f|26,702 r|.|26,702|22,506| |b5|charges,|heating|&|lighting|17,938|17,938|ne|a| |b7|Otherpayments| SL|44.482]|36,472|||47,933|59,079| |ci|FOR|THE|YEAR|a6-b8|64,601|38,918|31,915| |||ilies|129,434]|26,552]||155,987|188,402| |194.035|194,905]||156,487| |jc4|Transfers and adjustments|||S950)|473)|(600)| |TOTAL|FUNDS|AT|END|OF YEAR|(c3+c4)|193,085|193,482||(c8)|]|155,987| |. FORthese INFORMATION ONLY:amounts|are|not to|beMONEYincludedRECEIVEDin|total|AND PASSEDreceipts/payments ON|TOfiguresEXTERNALabove|ORGANISATIONS| |4|[Offerings/Gifts]|Balance brought|[-]|[received]|forward from|[for]|[extemal]|last|year|[organisations]|2,078|-| |Offerings/Gifts|-|passed|to|extemal|organisations|7,593|6,069| |A BALANCE STILL TO BE PAID|d1+d2-d3|sl|2,078|

----- End of picture text -----

Churches-receipts-and-payments-2023.xIs

20f5

SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL ISECTIONE —si Please follow the Guidanco Notes to complete this page

SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
ISECTIONE —si PleasePlease follow the Guidanco Notes to completecomplete this page
SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
ISECTIONE —si PleasePlease follow the Guidanco Notes to completecomplete this page
SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
ISECTIONE —si PleasePlease follow the Guidanco Notes to completecomplete this page
SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
ISECTIONE —si PleasePlease follow the Guidanco Notes to completecomplete this page
SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
ISECTIONE —si PleasePlease follow the Guidanco Notes to completecomplete this page
SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
ISECTIONE —si PleasePlease follow the Guidanco Notes to completecomplete this page
the funds ofan Intemal Organisation would normally be Restricted fundsunless it could be clearlyshown that theycould be used forany Methodist
purpose.
Thissection must becompleted to arrive at the grossincome and expenditure totals of the Church. Ifgross incomeexceeds the Accruals
threshold, then the Accruals method ofaccounting ANDADIFFERENT FORM must be used to reportthe accounts (see Methodist website). Please referto
the guidance notes regarding transfers between the District and connected
District Organisations.
Crease]
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Receipts
Payments
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[2.603
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14,586
14,079
brought forward from
9
page 2 -totals column)
216,648
(a7)}
177,730}
(b9) 38,918 (c7)
TOTAL CASH FUNDS
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STATEMENT OF ASSETS AND LIABILITIES
OPENING CLOSING
CHURCH -CASH FUNDS HELD at31 August 2023 BALANCES
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closingbalancetotalfromabove)(e12)
[> [TOTAL CASH FUNDS HELD BYCHURCH
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1 September2022 31 August 2023
OTHER ASSETS and LIABILITIES
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f4 Include only Funds hek at the Central Finance Board {5 Include only Funds hex at Trustees for Methodist Church Purposes g1 Include any other investments (not the cash element of TMCP trusts accounts this is included in line f5

Churches-receipts-and-payments-2023.xIs

30f5

Name of Church ................ Tilehurst Methodist Church

1127823

Declarations and Scrutiny

| confirm that these Receipt and Payment based accounts for the yearto 31 August 2023 have been prepared from the records of the Church andthat they include all funds under the control of the Church trustees.

Signature oftreasurer ck Uden AUC D AC... pate... 20/11 123, Name and addressoftreasurer ......... Linda Langridge

5 Oldean Close, Tilehurst, Reading RG31 50A

Presentation to the Church trustees

| confirm that the annual report and accounts for the year ended 31 August 2023 were/will be* presented to the meeting of the Church trustees held on 27 November 2023

----- Start of picture text -----
Signature of the Chair of the meeting Maher. AKITA, oo cccccccsssse
Name of the Chair of the meeting ...... Rev Helen Watson aeoO ale2 ae
----- End of picture text -----

Independent Examiner’s Report to the Trustees of the

Tilehurst Methodist Church

Charity Number 1127823

Responsibilities and basis of report

| report to the trustees on my examination of the accounts ofthe Tilehurst Methodist Church for the year ended 31 August 2023 set out on pages 1 to 3. As the Church’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

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

  • delete or circle as appropriate

Churches-receipts-and-payments-2023.xls

40f5

Name of Church ................ Tilehurst Methodist Church

1127823

Independent Examiner’s Statement

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below*) which give me cause to believe that in, any material respect:

e the accounting records were not kept in accordance with section 130 of the Act; or e the accounts do not accord with the accounting records.

| 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.

| -Rave/have not* obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and fundsatthe Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.

Signature of independent examiner .......[0 eer TN Moo eeccaceeseeeeeceece

Nameof independent examiner .......{74S..SAV2AH WHITHORA

Relevant professional qualification of independent examiner Ae.

Nameoffirm (where appropriate) vevnnnnee td Ac coccccccssssssssssssssisissssssitessessseveeseesssteeseese Address 2. PRAMBLUNIG,.. CLOSE, KEM PSHEt nf eu GS TORS ies HAIMPTHR Cocccccccccccsscsssessesssecsseesteeseeseeeeeeesceeseeseseeseecccee Post Code F422ST X

" delete or circle as appropriate

Form Review May-23

Churches-receipts-and-payments-2023.x|s

5of5

CHURCH RECEIPTS AND PAYMENTS ACCOUNTS

THE METHODIST CHURCH

STANDARD FORM OF ACCOUNTS

Tilehurst Methodist

----- Start of picture text -----
Church
----- End of picture text -----

FOR THE YEAR ENDED

Thursday 31 August 2023

----- Start of picture text -----
Basingstoke & Reading Circuit
----- End of picture text -----

----- Start of picture text -----
26 / 04
----- End of picture text -----

Registered Charity - Charity Registration number

1127823

If not a registered charity Her Majesty's Revenue and

Customs Gift Aid number

(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are noi registered charities are excepted from registration under Statutory Instrument 2014 No.242)

Minister:

----- Start of picture text -----
Rev Helen Watson
Church Stewards:
Jenny Dimmock Chris Vallis
Liz Aldersley Don Moffat
Jon Skeet Joan Moffat
Lola Brown Chris Armstrong-Stacey
Deans HE Eaaaed Ed aabE LLL MEMS AOS) SASS SINS ESL RESID Hd SSDP NEMD BANOS ARUBA ESAI BANISH ANS EMRE BEANO TE) HBSS DESAY ANG AESARB SADE ASD MER ESSER AAD AERP UAE RD HRSG TR
----- End of picture text -----

Treasurer:

Linda Langridge

Churches-receipts-and-payments-2023.x|s

1of5

----- Start of picture text -----
|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |ACCOUNTS FOR THE YEAR ENDED|31 AUGUST 2023|Tilehurst|Church| |Methodist| |aewmemSECTION A||||UnrestrictedFunds|RestrictedFunds|Totalsear this|Totalsearlast| |RECEIPTS|||note|||e¢|||¢||||¢|||||¢| |Offerings and|Tax recovered|a|___|93,334|||||93,334|91,478| |Bank|and|CFB|interest|and| |a3|Investment|income|3,568|229| |lad|uetings|Ss|||SCS|zs]|||.|27.640| ||a5\ Other receipts|Po|ll|74,698]|10,789|85,487|24,159| ||a6| TOTAL RECEIPTS||st|205,859]|—10,789]||216,648]|(a7)|||[143,505]]| |SECTION|B| |pi|PAYMENTS| |fb2|Circuit Assessment orShare_|=||—s||S846]||||84,486|73,489| |lb3|Donations|=|CiLCCCC‘dL:CSCs7o]SSC| |Repairs and|Maintenance|f|26,702 r|.|26,702|22,506| |b5|charges,|heating|&|lighting|17,938|17,938|ne|a| |b7|Otherpayments| SL|44.482]|36,472|||47,933|59,079| |ci|FOR|THE|YEAR|a6-b8|64,601|38,918|31,915| |||ilies|129,434]|26,552]||155,987|188,402| |194.035|194,905]||156,487| |jc4|Transfers and adjustments|||S950)|473)|(600)| |TOTAL|FUNDS|AT|END|OF YEAR|(c3+c4)|193,085|193,482||(c8)|]|155,987| |. FORthese INFORMATION ONLY:amounts|are|not to|beMONEYincludedRECEIVEDin|total|AND PASSEDreceipts/payments ON|TOfiguresEXTERNALabove|ORGANISATIONS| |4|[Offerings/Gifts]|Balance brought|[-]|[received]|forward from|[for]|[extemal]|last|year|[organisations]|2,078|-| |Offerings/Gifts|-|passed|to|extemal|organisations|7,593|6,069| |A BALANCE STILL TO BE PAID|d1+d2-d3|sl|2,078|

----- End of picture text -----

Churches-receipts-and-payments-2023.xIs

20f5

SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL ISECTIONE —si Please follow the Guidanco Notes to complete this page

SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
ISECTIONE —si PleasePlease follow the Guidanco Notes to completecomplete this page
SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
ISECTIONE —si PleasePlease follow the Guidanco Notes to completecomplete this page
SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
ISECTIONE —si PleasePlease follow the Guidanco Notes to completecomplete this page
SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
ISECTIONE —si PleasePlease follow the Guidanco Notes to completecomplete this page
SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
ISECTIONE —si PleasePlease follow the Guidanco Notes to completecomplete this page
SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
ISECTIONE —si PleasePlease follow the Guidanco Notes to completecomplete this page
the funds ofan Intemal Organisation would normally be Restricted fundsunless it could be clearlyshown that theycould be used forany Methodist
purpose.
Thissection must becompleted to arrive at the grossincome and expenditure totals of the Church. Ifgross incomeexceeds the Accruals
threshold, then the Accruals method ofaccounting ANDADIFFERENT FORM must be used to reportthe accounts (see Methodist website). Please referto
the guidance notes regarding transfers between the District and connected
District Organisations.
Crease]
[roman
ORGANISATIONS
Receipts
Payments
fer [underss
[2.603
Payments
Taco]
loa
Adjustments
[17a
es ee
se
balances
ee YY)
ee)
balances
[saz
2: aoe ee
7rs
a eee
a
Se oeeee0
el

iedOrganisationsfunds
14,586
14,079
brought forward from
9
page 2 -totals column)
216,648
(a7)}
177,730}
(b9) 38,918 (c7)
TOTAL CASH FUNDS
aerooremnon
_a.ase
_souaco]
bring the totalsforward
amiacavets
bigreaatil
ES EAEAS
A
SA Ne Pe
a
RR
a
de a
eeaeCt
ee
a i
lernne
nN
STATEMENT OF ASSETS AND LIABILITIES
OPENING CLOSING
CHURCH -CASH FUNDS HELD at31 August 2023 BALANCES
Apatite al
{8
closingbalancetotalfromabove)(e12)
[> [TOTAL CASH FUNDS HELD BYCHURCH
fo ae
A
SS
I a
RS
Aa
a
a
tl Md a
1 September2022 31 August 2023
OTHER ASSETS and LIABILITIES
Jz [investments(include
Endowments)
a)
aT)

f4 Include only Funds hek at the Central Finance Board {5 Include only Funds hex at Trustees for Methodist Church Purposes g1 Include any other investments (not the cash element of TMCP trusts accounts this is included in line f5

Churches-receipts-and-payments-2023.xIs

30f5

Name of Church ................ Tilehurst Methodist Church

1127823

Declarations and Scrutiny

| confirm that these Receipt and Payment based accounts for the yearto 31 August 2023 have been prepared from the records of the Church andthat they include all funds under the control of the Church trustees.

Signature oftreasurer ck Uden AUC D AC... pate... 20/11 123, Name and addressoftreasurer ......... Linda Langridge

5 Oldean Close, Tilehurst, Reading RG31 50A

Presentation to the Church trustees

| confirm that the annual report and accounts for the year ended 31 August 2023 were/will be* presented to the meeting of the Church trustees held on 27 November 2023

----- Start of picture text -----
Signature of the Chair of the meeting Maher. AKITA, oo cccccccsssse
Name of the Chair of the meeting ...... Rev Helen Watson aeoO ale2 ae
----- End of picture text -----

Independent Examiner’s Report to the Trustees of the

Tilehurst Methodist Church

Charity Number 1127823

Responsibilities and basis of report

| report to the trustees on my examination of the accounts ofthe Tilehurst Methodist Church for the year ended 31 August 2023 set out on pages 1 to 3. As the Church’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

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

  • delete or circle as appropriate

Churches-receipts-and-payments-2023.xls

40f5

Name of Church ................ Tilehurst Methodist Church

1127823

Independent Examiner’s Statement

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below*) which give me cause to believe that in, any material respect:

e the accounting records were not kept in accordance with section 130 of the Act; or e the accounts do not accord with the accounting records.

| 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.

| -Rave/have not* obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and fundsatthe Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.

Signature of independent examiner .......[0 eer TN Moo eeccaceeseeeeeceece

Nameof independent examiner .......{74S..SAV2AH WHITHORA

Relevant professional qualification of independent examiner Ae.

Nameoffirm (where appropriate) vevnnnnee td Ac coccccccssssssssssssssisissssssitessessseveeseesssteeseese Address 2. PRAMBLUNIG,.. CLOSE, KEM PSHEt nf eu GS TORS ies HAIMPTHR Cocccccccccccsscsssessesssecsseesteeseeseeeeeeesceeseeseseeseecccee Post Code F422ST X

" delete or circle as appropriate

Form Review May-23

Churches-receipts-and-payments-2023.x|s

5of5