CHURCH RECEIPTS AND PAYMENTS ACCOUNTS
THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS
St. Mark's Methodist
Church
FOR THE YEAR ENDED
31 August 2022
| 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: | |
|---|---|
| RevStephen Poxon | |
| ChurchStewards: | |
| 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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St. Mark's Methodist Church
ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022
| SECTION A | Unrestricted Funds Restricted Funds |
Unrestricted Funds Restricted Funds |
£ 87,878 655 51,544 22,553 Totals this year |
£ 87,878 655 51,544 22,553 Totals this year |
Totals last year |
||||
|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | ||||||
| a1 | RECEIPTS | Note | |||||||
| a2 | Offerings and Tax recovered | 87,703 | 175 | 87,878 | 71,281 | ||||
| a3 | Bank and CFB interest and Investment income |
655 | 655 | 180 | |||||
| a4 | Lettings | 51,544 | 51,544 | 34,425 | |||||
| a5 | Other receipts | 22,553 | 22,553 | 4,715 | |||||
| a6 | TOTAL RECEIPTS | 162,455 | 175 | **162,630 ** | (a7) | 110,601 | |||
| SECTION B | 73,942 2,460 12,621 16,828 19,568 |
||||||||
| b1 | PAYMENTS | ||||||||
| b2 | Circuit Assessment or Share | 73,942 | 73,942 | 73,942 | |||||
| b3 | Donations | 2,460 | 2,460 | 1,750 | |||||
| b4 | Repairs and Maintenance | 12,621 | 12,621 | 3,958 | |||||
| b5 | Utilities (Insurances, water charges,heating& lighting) |
16,828 | 16,828 | 14,842 | |||||
| b6 | |||||||||
| b7 | Otherpayments | 19,568 | 19,568 | 13,334 | |||||
| b8 | TOTAL PAYMENTS | 122,959 | 2,460 | **125,419 ** | (b9) | 107,826 | |||
| 37,211 | |||||||||
| SECTION C | |||||||||
| c1 | NET RECEIPTS/PAYMENTS FOR THE YEAR (a6-b8) |
39,496 | (2,285) | 37,211 | 2,775 | ||||
| c2 | Total funds brought forward from last year |
104,928 | 7,760 | **112,688 ** | (c6) | 109,913 | |||
| 149,899 | |||||||||
| c3 | (c1+c2) Sub total |
144,424 | 5,475 | 149,899 | 112,688 | ||||
| c4 | Transfers and adjustments | (c7) | |||||||
| c5 | TOTAL FUNDS AT END OF YEAR (c3+c4) |
144,424 | 5,475 | **149,899 ** | (c8) | 112,688 | (c6) | ||
| SECTION D | |||||||||
| d | £ (these amounts are not to be included in total receipts/payments figures above) FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS |
£ |
|||||||
| d1 | Balance brought forward from lastyear | ||||||||
| d2 | Offerings/Gifts - received for external organisations | 263 | |||||||
| d3 | Offerings/Gifts -passed to external organisations | 263 | |||||||
| d4 | BALANCE STILL TO BE PAID (d1+d2-d3) |
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St. Mark's Methodist
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 2022 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 AC | |
|---|---|
| SECTION E | |
| Summary of the Church accounts for the year ended 31 August 2022 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 |
|
| e1 | Ghanainn Fellowship |
| e2 | Women's Fellowship |
| e3 | Men's Fellowship |
| e4 | Sierra Leonean's Fellowship |
| e5 | |
| e6 | |
| e7 | |
| e8 | Sub total of Internal Organisations funds |
| e9 | Church accounts (totals brought forward from page 2 - totals column) |
| e10 | TOTAL CASH FUNDS HELD BY CHURCH |
SECTION F
STATEMENT OF ASSETS AND LIABILITIES
| STATEMENT OF ASSETS AND LIABILITIES | ||||
|---|---|---|---|---|
| CHURCH - CASH FUNDS HELD at 31 August 2022 Cash in hand BankCurrentAccount Bank DepositAccount SUB TOTAL - Church accounts TOTAL CASH FUNDS HELD BY CHURCH Central FinanceBoard Trustees for Methodist Church Purposes Other funds Total funds held by Internal Organisations (the closing balance total from above) (e12) |
OPENING BALANCES 20,284 92,404 112,688 (c6) 33,640 (e11) 146,328 (x) |
CLOSING BALANCES |
||
| f1 | Cash in hand | |||
| f2 | BankCurrentAccount | 17,238 | ||
| f3 | Bank DepositAccount | |||
| f4 | Central FinanceBoard | 132,661 | ||
| f5 | Trustees for Methodist Church Purposes | |||
| f6 | Other funds | |||
| f7 | SUB TOTAL - Church accounts | 149,899 | (c8) | |
| f8 | Total funds held by Internal Organisations (the closing balance total from above) (e12) |
32,095 | (e12) | |
| f9 | TOTAL CASH FUNDS HELD BY CHURCH | 181,994 | (y) | |
| SECTION G | At | At | ||
| SECTION G | ||||
| OTHER ASSETS and LIABILITIES Other Assets Land &Buildings (seenotesreInsurancevalue) Loan(s)-showamount outstanding at yearend Other Liabilities Investments (includeEndowments) |
1 September 2021 2,500,000 |
31 August 2022 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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No. 1128035
Name of Church … St Mark's
Declarations and Scrutiny
I confirm that these Receipt and Payment based accounts for the year to 31 August 2022 have be prepared from the records of the Church and that they include all funds under the control of the C trustees.
Signature of treasurer ………Daniel Dongsieri 16-May-23
Name and address of treasurer ………C/o St MarksMethodist Church, High Road London N15 4AB
…………………………………………………………………………………. Post Code………………
Presentation to the Church trustees
I confirm that the annual report and accounts for the year ended 31 August 2022 were presented meeting of the Church trustees held on 16 May 2023.
Signature of the Chair of the meeting …………………………………………………………………… Name of the Chair of the meeting …………………………………………… Dat 16-May-23
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Stephen James Poxon
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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 Church for the year en August 2022 set out on pages 2 to 3 As the Church’s trustees, you are responsible for the prepa the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I t i t f i ti f th Ch h’ t i d t d ti 145 f th
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I report in respect of my examination of the Church’s accounts carried out under section 145 of th and, in carrying out my examination, I have followed all the applicable Directions given by the Cha Commission under section 145(5)(b) of the Act.
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nded 31 ration of h A t
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ie Act arily 2015 church R P.9 4015
Name of Church St Mark's
No. 112803
Independent Examiner’s Statement
I have completed my examination. I confirm that no material matters have come to my attention connection with the examination 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 t attention should be drawn in this report in order to enable a proper understanding of the account reached.
I have not* obtained independent verification of all investments with the Trustees for Methodist C Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the M Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet d
Signature of independent examiner ………………………………………………………………….
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 …… 4/5/2023
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Sep-22
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Church Methodist date.
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