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2021-08-31-accounts

CHURCH RECEIPTS AND PAYMENTS ACCOUNTS

THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS

St. Mark's Methodist Church

FOR THE YEAR ENDED

31 August 2021

Circuit
New River
Circuit no 35/22
Registered Charity - Charity Registration number
1128035

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 not registered charities are excepted from registration under Statutory Instrument 2014 No.242)

Minister:
Rev Stephen Poxon
Church Stewards:
Charles Agyemang-Duah Alfred Pimpong
Richard Ankomah Derrick Wade
Greta Headley Christine Ujah
Wendal Forde Eric Stevens
Georgina Ellis Jermaine Oguh
Gloriah Appiah Atou-Lu Brou
Treasurer:
Daniel Dongsieri

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Church R and P 2019.xls

St Mark's Church

ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2021

SECTION A Unrestricted
Funds
Restricted
Funds
Unrestricted
Funds
Restricted
Funds
£
71,281
180
34,425
4,715
Totals this
year
£
71,281
180
34,425
4,715
Totals this
year
Totals last
year
£ £ £ £
a1 RECEIPTS Note
a2 Offerings and Tax recovered 70,281 1,000 71,281 98,879
a3 Bank and CFB interest and
Investment income
180 180 853
a4 Lettings 34,425 34,425 32,629
a5 Other receipts 4,715 4,715 14,421
a6 TOTAL RECEIPTS 109,601 1,000 **110,601 ** (a7) 146,782
SECTION B 73,942
1,750
3,958
14,842
13,334
b1 PAYMENTS
b2 Circuit Assessment or Share 73,942 73,942 73,942
b3 Donations 1,750 1,750 450
b4 Repairs and Maintenance 3,958 3,958 16,191
b5 Utilities (Insurances, water
charges,heating& lighting)
14,842 14,842 15,656
b6
b7 Otherpayments 13,334 13,334 9,226
b8 TOTAL PAYMENTS 106,076 1,750 **107,826 ** (b9) 115,465
2,775
SECTION C
c1 NET RECEIPTS/PAYMENTS FOR
THE YEAR
(a6-b8)
3,525 (750) 2,775 31,317
c2 Total funds brought forward from
last year
101,403 8,510 **109,913 ** (c6) 78,596
112,688
c3 (c1+c2)
Sub total
104,928 7,760 112,688 109,913
c4 Transfers and adjustments (c7)
c5 TOTAL FUNDS AT END OF YEAR
(c3+c4)
104,928 7,760 **112,688 ** (c8) 109,913 (c6)
SECTION D
d £
FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS
(these amounts are not to be included in total receipts/payments figures above)
£
d1 Balance brought forward from lastyear
d2 Offerings/Gifts - received for external organisations
d3 Offerings/Gifts -passed to external organisations
d4 BALANCE STILL TO BE PAID (d1+d2-d3)

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Church R and P 2015.xls

St. Mark's Methodist Church

Church

SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL

SECTION E Please follow the Guidance Notes to complete this page Summary of the Church accounts for the year ended 31 August 2021 and Internal Organisations reporting to the Church Council/Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be completed to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District and connected District Organisations.

SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
SECTION E
Please follow the Guidance Notes to complete this page
Summary of the Church accounts for the year ended 31 August 2021 and Internal Organisations reporting to the Church Council/Church Meeting. Note that the funds of an
Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose. This section must be
completed to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting AND
A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District and
connected District Organisations.
INTERNAL
ORGANISATIONS
Receipts Payments Net Receipts/
Payments
Adjustments Opening
balances
Closingbalances
e1 Ghanaian Fellowship 20,700 15,190 5,510 22,657 28,167
e2 Women's Fellowship 410 400 10 2,550 2,560
e3 Men's Fellowship 1,810 1,810
e4 Sierra Leonean's Fellowship 1,103 1,103
e5
e6
e7
e8 Sub total of Internal
Organisations funds
21,110 15,590 5,520
2,775
28,120 (e11) 33,640 (e12)
e9 Church accounts (totals
brought forward from page 2
- totals column)
**110,601 ** (a7) **107,826 ** (b9) 2,775 (c7) 109,913 (c6) 112,688 (c8)
e10 TOTAL CASH FUNDS HELD
BY CHURCH
131,711 123,416 8,295 138,033 (x) 146,328 (y)
TOTAL RECEIPTS TOTAL
PAYMENTS

SECTION F

STATEMENT OF ASSETS AND LIABILITIES

STATEMENT OF ASSETS AND LIABILITIES
CHURCH - CASH FUNDS HELD at 31 August 2021
Other funds
Cash in hand
BankCurrentAccount
Bank DepositAccount
Central FinanceBoard
Trustees for Methodist Church Purposes
SUB TOTAL - Church accounts
Total funds held by Internal Organisations (the closing
balance total from above) (e12)
TOTAL CASH FUNDS HELD BY CHURCH
OPENING
BALANCES
9,228
100,685
109,913
(c6)
28,120 (e11)
138,033
(x)
CLOSING
BALANCES
f1 Cash in hand
f2 BankCurrentAccount 20,284
f3 Bank DepositAccount
f4 Central FinanceBoard 92,404
f5 Trustees for Methodist Church Purposes
f6 Other funds
f7 SUB TOTAL - Church accounts 112,688 (c8)
f8 Total funds held by Internal Organisations (the closing
balance total from above) (e12)
33,640 (e12)
f9 TOTAL CASH FUNDS HELD BY CHURCH 146,328 (y)
SECTION G At At
SECTION G
OTHER ASSETS and LIABILITIES
Other Assets
Other Liabilities
Investments (includeEndowments)
Land &Buildings (seenotesreInsurancevalue)
Loan(s)-showamount outstanding at yearend
01-Sep-20
2,500,000
31 August 2021
2,500,000
g1 Investments (includeEndowments)
g2 Land &Buildings (seenotesreInsurancevalue) 2,500,000 2,500,000
g3 Other Assets
g4 Loan(s)-showamount outstanding at yearend
g5 Other Liabilities

f4 Include only Funds held at the Central Finance Board

f5 Include only Funds held 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

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2019 Church R and P.xls

Name of Church … St Mark's Methodist Church

No 1128035

Declarations and Scrutiny

I confirm that these Receipt and Payment based accounts for the year to 31 August 2021 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees.

Signature of treasurer ………D. Dongsieri

28th February 2022

Name and address of treasurer ………Daniel Dongsieri c/o St Mark's Methodist Church

………… 457 High Road. London N17 6QB

Presentation to the Church trustees

I confirm that the annual report and accounts for the year ended 31 August 2021 were presented to the meeting of the Church trustees held on 28th March 2022

Signature of the Chair of the meeting S.J Poxon

Name of the Chair of the meeting ……Stephen J Poxon

28th March 2022

Independent Examiner’s Report to the Trustees of the

St Mark's Church

Charity Number … 1128035

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of the St Mark's Methodist Church for the year ended 31 August 2021 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’).

I 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, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

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2019 church R and P.xls

Name of Church …St mark's Methodist Church

1128035

Independent Examiner’s Statement

I have completed my examination. I 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:

I 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.

I have/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 Nartey

Name of independent examiner ……Tina Nartey

Relevant professional qualification of independent examiner ……FCCA

Name of firm (where appropriate) ………………………………………………………………………

Address 17 Ulleswater Road, London N14 7BL

Date ……21st March 2022

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2019 church R and P.xls