## THE METHODIST CHURCH # STANDARD FORM OF ACCOUNTS ## St James Road Methodist **----- Start of picture text -----**
Church
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## FOR THE YEAR ENDED ## 31 August 2023 **----- Start of picture text -----**
Southampton Circult_ |Circultno| 26/1
Registered Charity - Charity Registration number 1127830
If not a registered charity Her Majesty's Revenue and Customs Gift Aid [ti(‘(‘C;SCs‘*@OY
(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and
Minister:
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Church Stewards:
iil Aa ia ee
Mr R Hack
dint ES MSY OI [niin]
Mr B Hooper
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Treasurer:
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## St James Road Methodist Church, Southampton Draft Annual Charity Report for the year ended 31 August 2023 ## Administrative information: This report relates to St James Road Methodist Church, Southampton. With 163 members (as at September 2022) the church is the largest in the Southampton Circuit, which itself forms part of the Southampton District of the Methodist Church. The church became a Registered Charity in January 2010. Its registered title is St James Road Methodist Church and its charity number is 1127830. The church address is St James Road, Shirley, Southampton SO15 SHE. Correspondence should be addressed to the church unless a specific address is given by a person acting on behalf of the church. A warm welcome was extended by the church to the new Minister in September with the arrival of Rev. Stephen Robinson from Midsomer Norton and his wife, Dorothy. The following served as Managing Trustees in the year ended 31 August 2023: Rev. S Robinson, Mrs P Wood (Secretary), Mr N Hitch (Treasurer), Rev. J Hughes, Rev. Trish Davies (until her departure from the Circuit in July), Mrs J Cookson, Mrs D Craggs, Mr H Evans, Mrs L Evans, Mr G Fletcher (Circuit), Miss A Gilbert, Mrs J Hack, Mr R Hack, Mr O Hack, Mrs S Hack, Mr P Hamilton, Ms J Herniman, Mr B Hooper, Mrs G Robinson, Mr D Skinner, Ms G Snook, Mrs M Syed, Ms L Wells, Mrs E Woodman, MrD Woodman. ## Aims and organisation The church exists primarily for the advancement of the Christian faith, in accordance with the doctrinal standards and the discipline of the Methodist Church; in particular, it aims to welcome and support anyone seeking to know more of the Christian faith, to serve the community in which it is placed, and to support its members and adherents in their commitments to serve God and the community. The church offers a wide range of public worship, open to all, facilities for young people, and numerous mid-week activities particularly, but not exclusively, serving the communities in and around Shirley. The church has though welcomed new members from Northam Methodist Church following the closure of that church. There are a number of outreach activities for parents of very young children at St James Road, with “Tadpoles” for pre-school children, “Who Let The Dads Out” for young children and their fathers as well as an ‘after school’ club that currently caters for around 30 children. We also offer a Supper Club and Teapot for the more mature as well as a Memory Café and Bereavement Café. Additionally, the premises are used by a wide variety of groups providing services and facilities for the local community. These include dance, keep fit classes, mental health services, ex-offenders groups, badminton, bowls, various events and programmes run through the NHS Solent Trust, carers support group and the U3A. The Church Council is the managing body, operating in accordance with Methodist policies and practice as set out in the document ‘Constitutional Practice and Discipline of the Methodist Church’, and is chaired by the Minister and administered by its Secretary. There has been significant reform of the Church Council over the last year with the creation of a set of five ‘Vision Teams’ leading to a revised membership of the Leadership Team and a reduced number of members on the Church Council. The new Vision Teams are as follows: - e Worship and Prayer - « Evangelism - e Service & Caring - e Spiritual Development « Communication Each Vision Team is headed by a Church Steward, supported by a Co-ordinator with team membership of between 8 and 12 people. Worship Stewards continue to have responsibility for organising the conduct of worship. An early outcome from the creation of these teams is a plan to hold an ‘Alpha Course’ in September in conjunction with St James’ Parish Church. The Property Stewards have responsibility for maintaining the premises and organising the operation of activities taking place in the building. The Church Treasurer is responsible for financial administration, assisted by a number of people with specific tasks. Other responsibilities in the church are delegated by the Church Council to specific individuals, subject to annual appointment or re-appointment. ## Review of progress and achievements There are three services held every Sunday. Encounter worship at 9.30a.m. offers a freer and more modern expression and experience of worship led by the band, followed by a more traditional style of service at 11.00a.m. with the organ and a quieter reflective service, most weeks, at 6.30p.m. The evening service will be moving to 6.00p.m. in September 2023 to facilitate the café worship being planned. The monthly “New Song Café” Sunday evening event started in April 2016, in which Christians from different denominations gather to celebrate God and our faith together. This form of worship continues on the second Sunday of the month in the evening and remains popular. Experimentation in using the newly refurbished café area instead of the main church sanctuary is being planned with an additional act of worship scheduled for one Sunday evening per month from September 2023. The church started a review in 2015, under the name “Dare to Dream’, exploring how we might continue and possibly extend our use of our premises to serve God’s people and make new disciples. As a result, the Connect: A Space to Share’ project was launched, resulting in a significant redevelopment of the community spaces within the church. These works were completed during the Covid-19 lockdown. As part of this work the extremely exciting outreach café, 'Make & Brew’ is now successfully operating from the new Link space creating a significant focus for the church's engagement with the local community. This work is already creating interest in the worshipping life of the church from those visiting the café which is encouraging. A change in the management of the café this year has been successfully completed. A further significant development from the ‘Connect: A Space to Share’ work has been the decision by the Re-minds charity to base their operation from the newly refurbished community spaces and making considerable use of the improved facilities on the first floor. This has been a clear demonstration of the church's intention to provide services and facilities for the local community from the premises and is the first indication of some of the anticipated ‘fruit’ from this work. Following on from this there has been an increasing use of the premises by the Solent NHS Trust in their provision of services in the community. As a reflection of this work, a Children & Families Worker has been appointed on a part time basis to further develop the work of the church within this particular sector of the community. Additionally, the church offered part of the building in support of the ‘Warm Spaces Initiative’ during the winter to support those struggling with higher domestic fuel costs. The church premises has developed into the thriving hub that was envisaged and intended as part of the 'Connect' project. There are still challenges to be faced but the relationships that have already been built with organisations and individuals and those that are currently developing are an_ essential demonstration of the love of Jesus that the church always intended to be shared with the local community. During the last year, LED lighting has been installed in the older parts of the ground floor of the building that were not altered as part of the redevelopment works. In addition, the ceiling was replaced to the Ministers Vestry lobby and repairs were undertaken to some exterior guttering. Towards the end of the year, the quinquennial inspection of the premises was completed and the report is still awaited. ## Financial Information The accounts for the year to 31 August 2023 are being independently examined and are included as part of this report. The church policy is to hold general unrestricted reserves equating to 3 months of its Assessment which at the current time amounts to £21.5K. This is considered to be prudent to cater for any unforeseen financial expenditure that may occur as an emergency. With borrowing of over £220K having to be taken to complete the redevelopment work in 2020 on the premises and the increasing cost of interest rates, the church has successfully negotiated with the Southampton Circuit an ‘interest free loan’ to enable the original interest bearing borrowing to be fully repaid, thereby drastically reducing the costs to the church. All repayments remain on schedule. The church benefits from a substantial amount of expertise and time given freely by its members, especially but not exclusively in property maintenance and administrative functions, including pastoral care and the provision of music for worship. No attempt has been made to quantify that, either in hours or in monetary value. ## Signed ## Rev Stephen Robinson Church No 1127830 ## Name of Church ## St James Road Methodist Church ## Statement of Financial Activities (SOFA) for the year ended 31 August 2023 **----- Start of picture text -----**
|||||||||| |---|---|---|---|---|---|---|---|---| |Notes|to|Designated| |the|General|Fund|Funds|Endowment|Total| |accounts|(Unrestricted)|(unrestricted)|Restricted|Funds|Funds|2022-23| |£|£|£|£|£| |Income| |1|Offerings|4|87,523|-|-|-|87,523| |2|Donations|5|10,222|-|21,163|-|31,385| |2a Grants|-|-|7,390|-|7,390| |2b|Gift Day|8|4,757|-|-|-|4,757| |3|Gift|aid|4|19,608|-|3,604|-|23,212| |4|Interest and|investment income|6|4,012|-|-|-|4,012| |5|Property Income|7|69,782|-|-|-|69,782| |6|Internal|organisations|8|4,353|-|3,030|-|7,383| |7|Other charitable|income|8|11,425|13,154|-|-|24,579| |8 Total|Income|211,682|13,154|35,187|.|260,023| |Expenditure| |9|Circuit assessment|or share|82,452|-|-|-|82,452| |10|Grants|and|donations|5,285|-|1,997|-|7,282| |11|Property maintenance|36,336|-|-|-|36,336| |12|Insurance,utilities|etc|27,840|-|-|-|27,840| |13 Depreciation|-|30,179|-|.|30,179| |14|Interest paid|2,053|-|-|-|2,053| |15|Other expenditure|18,404|6,606|-|-|25,010| |16|Intemal|organisations|4,015|-|3,396|-|7,411| |17 Total charitable|expenditure|176,385|36,785|5,393|-|218,563| |18|Gains/(losses) on|monetary investments|13|(5)|(5)| |19|Gains/(losses)|on|investment|properties|-| |20 Net Income/(expenditure)|35,297|(23,631)|29,794|(5)|41,455| |21|Transfers between|funds|(37,348)|68,607|(31,259)|-|.| |22|Other gains/(losses)|.|-|>|-|-| |23|Net movement|in funds|(2,051)|44,976|(1,465)|(5)|41,455| |24 Total funds|brought forward|102,955|2,778,936|23,589|5,005|2,910,485| |25 Total funds carrled forward|100,904|2,823,912|22,124|5,000|2,951,940| **----- End of picture text -----**
Church No 1127830 ## Name of Church ## St James Road Methodist Church ## Statement of Financial Activities (SOFA) for the year ended 31 August 2022 **----- Start of picture text -----**
||||||||||| |---|---|---|---|---|---|---|---|---|---| |Notes to|Designated| |the|General|Fund|Funds|Endowment|Total| |accounts|(Unrestricted)|(unrestricted)|Restricted|Funds|Funds|2021-22| |£|£|c|£|£| |Income| |1|Offerings|4|81,352|-|-|-|81,352| |2|Donations|5|248|-|1,472|-|1,720| |2a|Grants|-|-|26,025|-|26,025| |2b|Gift|Day|7,030|-|-|-|7,030| |3|Gift|aid|4|19,420|-|4,854|-|24,274| |4|Interest|and|investment Income|6|352|-|26|-|378| |5|Property|Income|7|42,745|-|-|-|42,745| |6|Internal|organisations|-|1,987|4,699|-|6,686| |7|Other charitable|income|8|30,668|3,127|-|33,795| |8 Total|income|181,815|5,114|37,076|-|224,005| |Expenditure| |9|Circuit assessment|or share|78,528|-|-|-|78,528| |10|Grants|and|donations|3,319|-|2,732|-|6,051| |11|Property maintenance|43,034|-|-|=|43,034| |12|Insurance,utilities|etc|21,668|-|-|-|21,668| |13|Depreciation|-|~|-|-|-| |14|Office expenses|5,159|-|.|-|5,159| |15|Other expenditure|2,846|3,134|8,902|-|14,882| |16|Internal|organisations|7,423|-|7,914|-|15,337| |17 Total charitable expenditure|161,977|3,134|19,548|.|184,659| |18|Gains/(losses)|on|monetary investments|13|5|5| |19|Gains/{losses)|on|investment|properties|-| |20|Net|income/(expenditure)|19,638|1,980|17,528|5|39,351| |21|Transfers between|funds|24,004|(3,866)|(20,138)|-|-| |22|Other gains/(losses)|-|-|-|-|-| |23|Net movement|In funds|43,842|(1,886)|(2,610)|5|39,351| |24 Total funds|brought forward|59,113|2,780,822|26,199|5,000|2,871,134| |25 Total funds|carried|forward|102,955|2,778,936|23,589|5,005|2,910,485| **----- End of picture text -----**
St James Road Methodist Church Church No 1127830 ## Name of Church Balance Sheet as at 31 August 2023 **----- Start of picture text -----**
|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |(Unrestricted)|Funds|Funds|Funds| |Accounts|£|4|£|£|£|£| |el||||_||7| |Fixed|Assets| |[Church bullding and other property||'12,~—=«|=||Serra]|=]|2,987,733]|[|3,010,522]| ||a—=S*~t*~‘“t*é‘é‘|Raine|assets]CY—SdYSCSCSC*~*~‘“ C*di‘C*«‘|RBSS TSTGYSOC*C*SY;~C*«SOY;C« A)|XO) NETc| |Current|Assets| |[Debtors and prepayments]|4]|zt]|||||||7,285| |oma|—~—“—~—sYSSC‘ SOC]|883]|10,305| |[GartecLitinspection Pian|| S14|||S|]||| |linvesimeniswintwce|«|S|4#|||TSC]|zs]|S||6]||| |[Central|Finance|Board|Deposits =||| =|t4_— |=|aa.eei||47.423]|52]|=||140,538| |[GashatBank andinhand|—S=«dYSCtCiSSC*TSSSCSCt W]e]||S| |[___—~=~*«*Totalcurrentessets||—~«|___—t03,s6|_—a7azai’~—saa.tzal|=| ——_—173,083| |[CrediorsCurrent|liabilities (duein undertyea)|[©|||aes];|||||S||ena]|[2.80| |[Coans(duetnundertyear)|||{||_—*i| __20o0of|—s«||«| ——z0.onoi||| |(Grantspayablewithin2022-23,||||||]|||YT| |||______Totalcurrentiabilities||[___Neteurrentassetsfabiiities|]|—~+(|| ~—=s2.@32|~—S20.000]_100,904)|—=27.4za|_—S=saz,tzal_—==|||~S|||=S22]t80,451]|||2,950__ 192,650)| |[Total assets|less|currentlabiies]|||to0,eoa]|3.07556]|2ztza]|6,000]|9,143,104]| |em(due|after more|than one|year)||||| |jLoansto the Church||S]|||85,000] ==]|||85000| |fehapelAlgcoanCicutloan—“—~é“—*sé~s*TSC“‘SSC;*C;*édLSOOOOOT56244]|156,208)| |||S~S™~*~*~C«SNassots|Cd] =|TCC] = TT)it00,904|2,823,912]|22,124]TTT5,000]|2,951,940|192,701| |Funds of|the Church| |[Generel Fund (Unrestricted)|||=<|—S=stoosoa],——||S]|t00.904]|[102,955]| |[Designated Funds (Unrestricted)|||||||82.012]|||||828,912| |||[____‘TotalUnrestictedFunds|]| |RestictodFunds|]||S||||=||=||292|BAG| |Endowment|TTT]____Funds|TotalFunds||||100904]|2,823,012)|22,t24]etza|||5,000]5000]||2,967,040]tized]5,000]||[283,580]5.005| **----- End of picture text -----**
Signed Church Treasurer ## Notes to the Accounts ## St James Road Methodist Church 1 Basis of Accounting The financial statements have been prepared under the Charities Act 2011 In accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with FRS 102 (effective from 1 January 2019) - the Charities SORP (FRS 102). |2|Funds| |---|---| ||Thefunds held constitute: GeneralFunds held forany purpose ofthe Churchwhich are| ||Unrestricted. Restricted Fundswhich are held for a narrower purpose includingthosefor| ||internal organisations.There are also Designated funds which have been earmarked bythe| ||trustees for particularpurposes within Unrestricted funds. Details ofeach material fund are| ||disclosed in note 18. Anyfundsmayberepresented bymorethanjust cash.| |3|AccountingPolicies| ||Basis| ||Theseaccountshave been prepared on the basis of historical cost except thatinvestments| ||areshown attheirmarketvalue attheend ofthe year, onthe accruals basistoshow atrue| ||and falrview ofthe Church's financial position and activities.| ||Income| ||Income Is included In the Statement of Financlal Activities (SOFA)when theChurch becomes| ||entitled to it,thetrusteesjudge itprobablethattheywill receive it, and the monetaryvalue| ||can bemeasured with sufficient reliability.| ||Expenditure| ||This Isrecognisedwhena Ilability isincurred, oraconstructive obligation arises,thatresults| ||inthepaymentbeing unavoidable,| ||Grants| ||Grants made bythe Church from itsown funds are recognised in full atthetime ofagreement| ||orwhen theChurch accepts thatthere isa legal oroperational obligation to makethe| ||payment.| ||VAT| ||Sincethe Church isnotVATregistered, all inputVAT ischarged with the expenses towhich it| ||refers.| ||Tangible FixedAssetsforuse bytheChurch| ||Thesearecapitalised iftheycan be used formorethan one year, and individually
costat| ||least £1,000. Thefreehold property Isshown atdeemed historical cost lessdepreciation.| ||Otherfixed assets are depreciatedon a stralght line basis overperiads assetoutin note 12.| ||Investment Propertles| ||Investment properties -no property iscurrentlydeemed to not be heldforthe longterm| ||purpose ofthe charity.| ||Investments| Investments are valued in the balance sheet at market value at the year end. Investment income is Included In the accounts when receivable and any gains or losses on revaluation at the year end are shown on the SOFA. Debtors and Prepayments Debtors Include Gift Ald not yet received in respect of donations up to the balance sheet date, and prepayments such as Circult Assessment paid for subsequent perlods. Creditors Creditors include outstanding loan balances from church members which are repayable on demand and Interest free. Golng Concern The accounts have been prepared on the basis that the charity is a golng concern. St James Road Methodist Church |||||2023|2022| |---|---|---|---|---|---| |4|Offerings Including GiftAid|Unrestricted|Restricted|Total|Total| |||£|£|£|£| ||Standing Orders|67,492|-|67,492|56,902| ||Collections and regulargiving|20,031|-|20,031|24,450| ||Tax Credits|195,608|3,604|23,212|24,274| ||Total|107,131|3,604|110,735|105,626| |||||2023|2022| |5|Donations and Legacies|Unrestricted|Restricted|Total|Total| |||£|£|£|£| ||Donations|5,236|21,163|26,399|1,720| ||Legacies|4,986|-|4,986|-| ||Total|10,222|21,163|31,385|1,720| |||||2023|2022| |6|InvestmentIncome|Unrestricted|Restricted|Total|Total| |||£|£|£|£| ||Central Finance Board|4,012|-|4,012|352| ||TMCP|-|-|-|26| |||4,012|-|4,012|378| |||||2023|2022| |7|PropertyIncome|Unrestricted|Restricted|Total|Total| |||£|£|£|£| ||Lettings|69,782|-|69,782|42,745| |||69,782|-|69,782|42,745| |||||2023|2022| |8|Other Income|Unrestricted|Restricted|Total|Total| |||£|£|£|£| ||Fundraising Events|-|-|-|-| ||Special Offerings|4,757|-|4,757|7,030| ||Other|28,932|3,030|31,962|40,481| |||33,689|3,030|36,719|47,511| ## St James Road Methodist Church **----- Start of picture text -----**
||||||||||| |---|---|---|---|---|---|---|---|---|---| |9|Payment to Trustees|2023|2022| |Payments|made|to|trustees|for|additional|services| |provided|to the church|by agreement|with|the|Church|:|-| |Council|Meeting| |Number of trustees who were|paid|expenses|10|11| |Nature of the|expenses:|postage,|supplies,|fundraising|event|costs,|printing,| |stationery,|electrical|equipment,|worship|materials|and|general|consumables| |Total|amount|paid|£|4,829|6,189| |10|Fees for|Examination|or Audit|of the|Accounts| |Independent|Examiner's|or Auditor's fees|£|1,296|990| |for reporting|on|the|accounts| |Other|fees|(e.g.|advice,|accountancy|services)|£|-|-| |paid to the|Independent|Examiner or Auditor| |11|Paid|Employees| |Staff Costs|paid|during the year were:| |Gross|wages,|Salaries|and|benefits|in|kind|£|-|-| |Employers|National|Insurance|Costs|£|:|-| |Pension|Costs|£|-|-| |Total|Staff|Costs|£|.|-| |Average|number of staff employed|during the year|-|-| **----- End of picture text -----**
## Volunteers In accordance with FRS102, the value of volunteer time is not recognised in the accounts. However it is acknowledged that the Church benefits greatly from all the work done by its many volunteers, enriching and expanding so many areas of our worship, service and mission. This includes the members of Church Council (trustees) who kindly provide time free of charge to oversee the church's operations and ensure compliance with our many obligations. ||s
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3| St James Road Methodist Church | ## 13 Investments The funds that support the various funds are held by TMCP in Trustees Interest Funds on which interest is credited to the accounts each month. These are regarded as medium and long term investments. | TMCP is the legal owner and Custodian Trustee of all Methodist Model Trust property, including Legacies, Endowments, and Accumulated Funds. Trust property is held for and on behalf of local Managing Trustees who are responsible for the day to day management of trust property. TMCP ensure that, through providing guidance and acting under their direction, the Managing Trustees comply with charity law and Methodist law and policy as determined by the Methodist Conference. ## Analysis of Investment Movements **----- Start of picture text -----**
||||||||| |---|---|---|---|---|---|---|---| |2023|2022| |Change in|investment Values| |£|£| |Carrying|(market)|value at|beginning|of year|5,005|5,000| |Add:|additions|to|Investments|at|Cost|.|5| |Less:|Disposals|at Carrying Value|(5)|-| |Net gain/loss on|revaluation|.|-| |Carrying|(market) value at end|of Year|5,000|5,005| **----- End of picture text -----**
## St James Road Methodist Church ## 14 Analysis of Current Assets |14|Analysis of Current AssetsCurrent AssetsAssets||| |---|---|---|---| |||2023|2022| |||£|£| ||Debtors and Prepayments||| ||Pre-paid Assessment|7,215|6,871| ||GiftAid|10,305|9,028| ||Gartec LiftInspection Plan|-|494| ||Total Debtors and Prepayments|17,520|16,393| ||Analysis ofCash atBank||| ||Bank Balance held at HSBC|3,208|16,542| ||Bank Balance held at Central Finance Board|140,536|95,566| ||Bank Balance held inTMCP ModelTrust Bequests|5,663|564| ||Petty Cash|-|22| ||Balances held by Internal Organisations|6,156|6,522| ||Total Cash and Bank Balances|155,563|119,216| |15|AnalysisofCurrent Liabilities||| ||Interest Free Loans|20,000|-| ||Examination Fee|1,296|2,130| ||Other Creditors|1,336|820| ||Total Current Liabilities|22,632|2,950| |16|AnalysisofLongTerm Liabilities||| ||ChapelAid Loan|-|192,701| ||Circuitloan|156,244|-| ||Interest Free Loans|35,000|45,000| |||191,244|237,701| ## 17 Capital Commitments and Contingent Liabilities As at the 31st August 2023 the church has no capital commitments. No contingent liabilities were identified as at 31st August 2023. St James Road Methodist Church ## 18 Detalled Analysis of Individual Fund Movements **----- Start of picture text -----**
Unrestricted Funds
eSBalance Galns/Losses |Balance
| (37,348)] = | [100,904]
FixedassetsBenevolentFund| S99} | =| tpg]
Tadpoles || 2,772,821)GAY |z] 30,179]| 33,847| 58| 2,776,489
WholetTheDadsOut_| 203/ So] a7] | |26
| igo] 772] 260} =| |
Others ___748|__5000) aap= 5s
lloanRepaymentFund ta] G32) a7] 3B] |B
ltinkFurniturelEmergencyResponseandSecurity || =| = f] 2a]=| S698]ateaat|| 18,69814,424
Totals 2,882,891]| =| 224,836)2g]213,170]| 34259]500]| 2,924,816«S529
Restricted Funds
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Bowls Club | gos} | 0085)
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lintemmal OrgsTotal | 6,522] 3,030] 3,396]es=| SE=|seenCS
FlowerFund| 5G}P|}
lLoanRepaymentFund| 1,620] [22,830]] =| (24.a5Qf||
JOrganFundPropertyReserveBadmintonclubBenevolentFund=Tort|| 2,729]|S]efff]P8025)=]T=|=,729)
BasicsBank =|| S25]262] 872]=] 97]yfTTC
llegacy-286 | aso] f 250)
lightingUpgrade | =| 7390) =| 390
Tots 28,589] 35,087] 5,393] (31,259)} | 22,128
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## Fund Purposes Benevolent Fund: for giving at the discretion of the Ministers to needy individuals in the locality. Fixed Asset Fund: shows the carrying value of the fixed assets less outstanding loans on those assets. Tadpoles and Who Let The Dads Out: for providing services to the community in connection with young families. Thursday Teapot: for distribution at the discretion of the Church Council from funds donated at monthly meetings. Youth Work: funds for the benefit of youth and family work. Link Furniture and Security: this is a fund to hold reserves to enable the replacement of furniture for the Link Intemal Organisations: funds held by groups reporting to the Church Council. Flower Fund: funds donated for the provision of weekly church flowers. Loan Repayment Fund: these are funds held towards the repayment of the loan for development of the new Link and 1st floor rooms. This was previously known as Development Fund (Connect). Organ Fund: funds held towards the repair and maintenance of the church organ. Property Reserve: funds held towards larger than normal property expenses funded from underspend of previous years property maintenance budgets. Badminton Club: funds held on behalf of the club that meets on the Church premises. It was identified that this should be a designated fund and so funds were transferred to the "Others" designed fund. Basics Bank: funds held from member donations for these specifled causes. Legacy 286: legacy received for restricted use for Boys Brigade at '286', Emergency Response: funds held to enable the church to respond to instances of real need across the world, as identified through the Disasters Emergency Committee (DEC). Lighting Upgrade: This represents funds given for the upgrade of lighting in the church. This was carried out during the year and the transfer out represents the work which was capltallsed. Transfers Between Funds Various transfers were made between funds representing fixed assets capitallse and loan funding repaid. 19 Related party Transactions There were no related party transactions ## St James Road Methodist Church ## DECLARATIONS ## Treasurer | confirm that these accrual based accounts for the year ended 31 August 2023 have been prepared from the records of the Church and that they include all funds under the control of the Church Council. **----- Start of picture text -----**
Signature SA
of Treasurer WAKER.) EG — Date 7 (rea
Name of Treasurer
Address 22 Marybridge Close, Totton, Southampton, S040 SAQ
to the the Church Council for Approval Approval
the annual report and and accounts for the the year ended ended 31st August 2022 August 2022 2022
to the Church the Church Church Councii at Its meeting on: 7 doveri® 2023
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## Presentation to the the Church Council for Approval Approval 1 confirm that the annual report and and accounts for the the year ended ended 31st August 2022 August 2022 2022 were presented to the Church the Church Church Councii at Its meeting on: and were approved. **----- Start of picture text -----**
Signature of the Chair fA
of the Meeting
Name of the Chair of the Meeting Kev S. E . ROBINSON
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Date Jou. 2%
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## Independent Examiner’s Report to the Trustees of ## St James Road Methodist Church ## Charity Number 1127830 ## Responsibilities and basis of report | report to the trustees on my examination of the accounts of the Church for the year ended 31 August 2023. 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. ## Independent Examiner’s Statement | have completed my examination. | confirm that no material matters have come to my attention in connection with the examination 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; or - e the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view, which is not a matter considered as part of an independent examination - e the trustees’ annual report is not consistent with the accounts | 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. | have not obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date. ## Signature of independent examiner a ceeaniwunue eusimmemiaNews Name of independent examiner: Chris Goodhead Relevant professional qualification of independent examiner: Chartered Accountant Name of firm (where appropriate): Knight Goodhead Ltd Address: 7 Bournemouth Road, Chandler's Ford, Eastleigh, Hampshire, SO53 3DA Date: .......22. Novreesber 2923.0...