TRIYy-AT- BOWES METHODIST CFtURCH & CENTRE PLUS Palmerston Road, Palmers Green. London. N22 8RA Registered Charity No: 1128117 Financial Statements for the Year Ended 31 Au 2025 Content Charity StatUS Report of the Trustees Independent Examiner's Report Statement of Financlal Activities Balance Sheet Notes to the Financial Statements 10- 13 Detailed Statements of Financial Activities 14 - 16 Amazing Accountancy Ltd Union House, I I l New Union Street, Coventry, England, CVI 2NT Partners HARROW ACCOUNTANTS AND TAX ADVISORS LTD Suite W02 Howard Road, Stanrnore, England, HA7 IFW 'God ofH0, Ive give ihunk¥ fts)ToN. AINen'
TRINITY-AT- BOWES METHODIST CHURCH & CENTRE PLUS Palmerston Road, Palmers Green, London. N22 8RA Charitable Status The Trinity at Bowes (TaB) Methodist Church & Centre Plus is rcgistered as a charity Nunber 1128117. Number of Trustees: Eighteen At the reporting date the following persons were Managing Trustees. l. Appointed by the Methodist Conference Chair of the Truslees.. Revd Thurairajah Samuel 2. Appointed by the New River Methodist Circuit 35122 Mr Keith Coat¢s 3. AppL)inted by the TaB Methodist Church Church Senior Steward: Charles Dadey Iris Gosling Pricilla Mbape Victoria Sibanda Church Steward.. Truste¢s' Secr¢tary: Financial Officer: Jebanesan Velmurugu Christina Allen TaB Methodisi Church Treasurer,. Centre Plus Administrator: l-lilda Samuel Safeguarding Officer: Junior Church Superintendent., Girls Brigade.. Ladies Trellowship: Music Director: Tony Addo Akosua Os¢i Joyce GuthTie Barbara Biggs Kojo Hagan 4. Elected by Ihe TaB Annual Church Meeting Theo Hercules Theresa Addo Steve Thomas c'men Hepburn 5.Bankers I. HSBC Bank: Alderman Hill, Palmers Green, London N13 4YE 2. Santander Bank.. Bridle Road, Bootle, Merseyside GIR OAA. Independent Examiner HARROW ACCOUNTANTS AND TAX ADVISORS LTD Suite W02 Howard Road, Slanmore, England, HA7 IFW Amazing Accountancy Ltd Union House, I I l New Union Street, Cov¢nty. England, CVI 2NT 'God of Hope, Ive give ihanks io Jyou. Ameii,
(3116) TAB Methodists Trustees Annual Reportfvm September 2024 to August 2025. As, die presbyter for the TaB Methodist cliuh in my eighth year, l honoured to provide tliis financial staternent of th¢ Annual Accounts ending on 31" August 2025. It had been recorded that in early 1901 a Melhodist Church minister stationed in Southgate laid the foundation stone for a chLirch to be built. Originally this site belonged to the Bowes M¢thodist Church. Then in 1976 two neighbouring chui'ches joincd to create the current Thame "Trinity-at Bowes Methodist Cliurcli. It Wa8 theii called 'TaB'. Today TaB has developed its own strategy of Community shtired activilies. It has been a story of dedication, hard work and great faithfulness which has spanned over hundi'ed years. It has now becom¢ our successful story too, for which we give thanks lo God for the gi'acc and inspiration which he has continually provided us to perfo1] our duty. I thank all who have contributed to tlie past financial year and beyond to the actlVLties to conlinue witli th¢ same spirit of the early Inembei's of tliis chwrh. W¢ are so gratefvl to those who havc helped to prepare these accounts. Thi8 yeai. saw the preparation for its next yeai. 125th year Celebration. TaB is a place of worship aiid weleomes all. TaB Meihodists are a cliarnpion to ihe Christian faith. TaB Melhodists celebrat¢ the Clwistian le8tivals aiid inajor secular important day5 wilh great ent]iusiasm as well as with a witnessing spirit. TaB Welcoming TaB Mclhodibt Church is a unique place with a siiable Community Cenlre i)amed as "Centrc Plus" The pla¢e opens at 9am ti119pm every day, seven days a wcck. Its active members are 120 and the Co[nUn1ty-ro1l is just over 1,000. TaB tdk¢s all possible measures to offer welcome, with inclusive approach to everyone who seek to witness their faith iii our highly-rated Centre Plus facilities. TaB Undertgking W¢ are a team of truslees, supporters, and volunteers with integrity, and each takes responsibility by positive involvement in looking after and developing the whole TaB Methodists for the future. TaB Connectillg TaB consistently seeks to involve among our own community as well as the community around us in North London and across the World. TaB Sharing We as a faith-community work together in a learning environment, aiming to help the planet. In every situation we involve with truthfulness in everything we do and, we are acknowledging that we cannot do everything. without partnership with other communities and organisations.
(4116) Statement of Financial Activi (Stalement of Revenue and Expenses) A sununury of T'dB's revenu¥ ¥xp¥iises for Iliis period oftlie M¢tliodist Year is as follows: At the end of the fanCIal year in August 2025, Total Income was £326.647.00 aThd Total Expendittre was £300,893.00. The income over the expendithre is £25,754.00. This figuTe was £4,373.00 lower than die previous year-end balance {August 2025). l. Statement of Financial Position TaB assets, liabilities, and net assets as at end of the period is Assets.. £1,307,034.00 Liabilities.. £65,013.00 NetAssets: £1,242,021.00 2. Statement of Cash Floivs Thc Lash rcccipls and cash paymenls during this period had created enough confidence for the management to plan essential maintenance works to be carried out. The TaB Church Council aims to mainiain a reserves thnd at a level r¢pr¢5enting 3 months operating oosts which is £60,000 and to cover deposits of long-term users which is £15,000. Total of £75,000. 3. Restricted & Desi sted Funds Rent deposit of long-tcrm users £14,930.00 Con8T¢gation Loan £65,013.00 Designated Funds £85,000 (Roof & Boiler) General Reserve £ 1,242,021 The Development of TaB?s Misslon and Minlstry 15 one of the aims for the coming years, TaB has loiig been committed to work alongside mission partners overseas and local partners within TaB community. The TaB's goal now is to achieve increased genuine working partnership b¢tw¢¢n mission rtllers overseas who will work with us together towards more clearly defined shared goals in mission. For an example, TaB has made an effort to contribut¢ to mission goal in Ghana, Dominica, and Sri Lanka. Organisational development is a needed step forward. There are plans to ensure TaB has the right structure, skills, roles and cullure to enable implementation among the local community. TaB concentrates on increasing collaboration with global mission parkners. TaB Members engagement: The TaB's charitable contributions are l. The TaBBies. undcr 4 children soft play for all five working on weekdays for 2 hours, 2. 'Come Dine With Us, food for weekdays lunch time takeaway food and groceries the needy are the two projects has involvcd d¢monstrated th¢ revitalisation of TaB's mission.
{5116) Re-articulating TaB's vision and purpose is a continuous proces8. TaB aims to support innovative ideas in conjunction with th¢ developing ot organisational planning. Priorities now will includes implernenting TaB's plan colleetively. To achieve sustainability a healthier financial standing and resources are necessary to step up an en8agernent plan that will nol only increase awareness. inter¢st, participalion and support among our community as n¢¢¢ssary. We hope, Ihat our comrnitm¢nts and hard work shine like a light before the world, that they too may see God's abounding deeds and glorify the Faiher in heaven. Amen -paraphra.sed Maihew 5..10 On behalf of the TaB we give ihanks to all who have contributed to achieve this success. TaB also acknowledgyes that the hope by which we joumey is the hope of our ultimate fiilfilmenl: the promise of eternal life in Ihe glory ot heaven. Theret'ore, this Report is lo be read and apprLLialed aLiainst that horizon ol, life beyond death, the end of our pilgrim way, which remains in vicw and shapes every slep we take. The vision of the TaB for the next tinancial year, will be enriching our educational and spiritsal ministry amongT Lhildren, young people. and adults. We seek lo prepare people to develop tlie taith Ihey hold, and th¢ trust that journey on to be a blessed one for us and the community, September 2025 to August 2026 has been our 125th Anniversary Celebration. This Celebration reflecls our congregational, traditions Culre and understanding of God. Revd. Thurairajah Samuel, B. D, M. Th. (Oxen) Managing Presbyler Monday 291h June 2026 Presbyter Trinity at Bowes Methodist Church N22 8RA
161161 Th• Mana ement The TaB Church and Cenlie Plus Coun¢il members are held responsible for making decisions on all matters of general concern and PollGy and Decision-making ol the sanctuary, and its cornmunity wng the cent Plus,. Durlng the Covld-19 pandemlc, In the earfy part of the Melhodisl year, kn of the Council meetings were held on Zoom. Thereafter, the meeting8 were held in person. The TaB Church and Centre Plus Council has three team5 that report back to the full Council. They are Advi50ry Team, Junior Church Team and Pastoral Link Team. General Communication, Housekeeping, and Social events and other needs were supported by the Centre Plus Staff. There were very few team meetings al the beginning of the year due to the pandemic, but the TaB Church and Centre Plus Councll conllnued 118 meetlngs a8 planned. and TaB's worshipplng members also mel six limes on Surbdays after their mornlng servlce. Thè Advlso Tea Since 2018. the TaB Leadershlp Team was named 'Adv180ry Team. wlth elected members of 7. The maln reason for this change was for Ta8 Melhodisl Church Trustees lo hold the leadership of both Sanctuary and the Centre Plus. The main crllerla for these elected members are 'being 3clively involved, in the life of TOB Church and Cenlrts Plus. TheJ In September 2021, the TaB Sunday School was renamed a8 'Junior Chur¢h' under a newly appointed J C Superinlendenl Ak05ua Osel. Ackriowledgernent and thanks werg glven lo Pel8r Godfrey who was the outgoing Sunday School superintendent for 23 years. Taking over then 'Sunday School,. reglslered chlldren was 10 and weekly average of 10. At th9 beglnning of this M8thodisl year 2021122 the number of registered children 25 and average attendan¢9 15. The Junior Church staged tsvo plays. Bartholomeus" and the other was a "Nalivily Play 2021" The year ended wllh 29 children on the Junlor Church reglsler. We sincerely thanked Akosua osei and Angela Simons for their devoted leadershSp. The TaB chUh and Centre Plus Council has complied with Ils duty under the Safeguarding concerns of the Methodist Church as ils wrillen down in CPD. No Sgrious Incldent occurred during the year that Should have been reported lo the Charity Gommissloners. Conslderallon Is given and arranged as necessary for approprlale training with the required DBS checks and confidential declaration8 of all who actively participate in the life of Ta8 and Centre plus. Ta8
Intle ondent Examlnefs Re ort to tho Trusle¢s ol Trlnlt -al-Bowe$ Methodlst Church Indo e.ndpnl Exaffliner'5 Re orf lo Ihe I ruslees ol Trinil -i?l-t30'Nes Melhodisl Church I report lo the £harily Iruslees on my ex3mlDallon ol the aceounls ol Iho Trinlly-al.Bowes Melhodisl Church (Tho Tiusll lor Iho yoar endod 31sl August 2023 Responsibilities and Basls ol Re ort As the charilS' Iru51ees ol the Trust yOiS 8re responsible lor lh8 tKoporalion ol the acc(xJnis in accordan¢p wilh the requiremenl ol Ihg Charilies Act 20111.lhe Acl"), I report In respeel ol my èxamination ol Ihe Tw51's accounls carried out under seclion 145 01 the Act and in carryryng out niy examinabon I have lollovied all applicable direelions given by the Charity Commission under section 1451511bl ol the Acl. ftde en si Since sr)ur charitlg gross incorne exceeded £250 000 your examinèr rnusl be a member ol a listed body. I can confirm that l am qualifiod lo undertake Ihe examination because l am 8 regislered member of Ihe Associalion ol certified chartered Accounlanls whicli is one ol Ihg lislgd bodies. xJmin connociion wlh the examinauon giving me cause lo believe that in any m81erial respe¢l', 1 accounbng records were nol kèpl in respect ol the Trusl as requlred by secllon 130 01 U)e Acl., or 2 Ihe accounts do nol accord wilh Ihe$6 records,. or $01 out In ihe Charities IAccc*unls and Reports) Regulalltrns 2008 other Ihan any r¢quireTntrnl Ihal Ihe attention s uld be dfawn in this reporl In order lo enable a proper understsn(iing ol the accounts lo be HARRCfN COUNTANTS AND TAX ADVISORS LTD Suite W02 Hokar Road, Stsnmore, En HA7 1FW 2910612026 114K4KARKIIAIL, Ilussdb ACCA MEMBI.R Amazing Accountancy Ltd Union House, 111 New Union Sireel, West Midlands. Coventry, CVI 2NT England. 29.0612026
TRINITY-AT-BOWES METHODIST CHURCH 181181 Statement of Fin ncial Activiti s for Year Ended 31 st Au ust 2025 31,08.2025 3108.2024 Notes Income Donations and Legacies 56163 46138 Other Trading Activities 262 75 Investment Income 247393 265643 Charitable Aclivltles 12733 6907 Other Income Total 10096 326647 10347 329110 Ex endilure5 Raising Fund5 and legacies 143984 126836 Invo8lmenl Man8gem¥nt Costs 4101 46549 31116 Charitable AclivSlle8 33 Other Co$18 Totsl 110360 300893 140996 298983 Nel Income IIDeficlll for Year Nel IncomellDeficill blfvvd Nel In¢om$ I (Deficill cld 25754 1263567 1289321 30127 1233440 1263567 The financial slalements were approved by the Board of Trust99$ on 19th April 2026 and ned on its ehalf by.. Rev Thurairajah Samuel Chair,. TaB Church Council Rev. T Samuel Presbyter Trinity at Bowes Methodist Church N22 8RA
TRINITY-AT-BOWES METHODIST CHURCH 191161 Balance Sheet a al 31 Au u$12 25 31.08.2025 31.08.2024 Flxgd A$$•ts Tangible Assets ot 1066081 1064062 Curr9nt As¥gts Debtors Cash al bank and In hand 801 287452 288253 801 267799 268600 Cr8dlto Amounts falling due within one year 47300 51383 Nel Current Assets I ILiabillllesl 240953 217218 Tgtsl A8¥et$ Le$$ Current Liabilitie$ 1307034 1281280 Amounts falllng due after more than one ye 11 17713 17713 NET ASSETS 1289321 1263567 FUNDS Totsl Funds 12 1289321 1263567 The financial slalemenls were approved by the Board of Trustees on 19th Aprll 2026 and were 51 donils ehalf by.. Rev Thurairajah Samuel Chair,. TaB Church Council Rev. T Samuel Presbyter Trinity at Bowès Methodist Church N22 8RA
TRINITY.AT- BOWES METHODIST CHURCH 1101161 Notes lo the Financial Statement for the year ended 31 Aug 2025 Accounting P(>licies Basls of Pre arln the Flnancial Ststoments have been prepared in accordan¢e wlh the Charities SORP IFRS 1 D2}'A¢counling and Reporting by Charities.. Statement of Recommended Practice applicable lo ¢harilies preparing their a¢¢ounls in accordance with the Financial Reporting Standard appllcable the UK and Republlc of irelarid IFRS 1021 effectlve l Jan 20151 Financial Reporting Standard 102"The Financial Reportin9 Standard applicab18 in tha UK and Ireland and the Charities Act 2011. The financia5 81atemenls have been prepared under the historical cost convention. The charity has taken advantage of the exemption lo dlsclose ststemenls of cashflow within th9 financial slalements. Income All income 1$ rgcognised in the Sialemenl Cf Flnanclal Actlvltle8 once the charlly has enlillement to the fund8 and 51 Is probable that the Income wlll be received and the ndl obligation commllling the ¢harily lo that expenditure, il 15 piobable that a transfer of 8conDmic beneflts will b6 requir&d in s&ttl8manl and tha amount of the obllgallon can be measured reliably. Expenditure 18 accounted for on an accrual ba51s and has been classified und8r headings that aggiegal$ all cost related lo the Category. Where cost8 cannc¢t be dlreclly attributed to particular headlngs they have been allocated lo actlvltles on a b451$ Gon515tenl with the use of resources. Tan ibl& fixed A$$•ts Depreciation on fixed assets is provlded al the following annual rates on a stralght-llne basls In order to wrfle off each asset over 51$ èslimaled useful life.. Freehold Propety, Plonl and Machinery, Flxture8 and Flttlngs.. 2% Taxation The charity is exempl from lax on its charitable activities Fund Aecountln Unreslricled funds can bè used in accordance with the charllabl8 obleclives at the dS$¢r•lion of the Iruslaes. the charity. Restrictions arise when specified by the donor or when lunds are raised for parti¢ular restrided purposes.
TRINITY.AT-BOWES METHODIST CHURCH Notes t ar ènd•d 31 Au 2025 31.08.2025 31.08.2024 Note¥ 2 Other Trading A¢llvlty Fundral$ing 262 75 3 Investment Income Rent Received Deposll account inlere$ls 238075 9319 247393 25S443 10200 265643 4 Raisin Funds and Lg98cle¥ Wages Social Security Pension8 R8les and Water Insurancè Llght 8nd Healing Telephones Postage and Slalionery Fuèl. Utilities 87249 11048 8300 4527 5417 14706 1668 1257 9815 143984 7286e 764e 7704 11182 4916 20436 1717 387 126836 4101 Inv¢slm¥nl Managemenl Costs Admlnlslrative expense5 Propgrty Repairs Maintenance Charge8 Staff Over Tam8 Staff Bon05 Agency Staff 12000 25687 4529 3139 1194 11300 11260 4004 1500 3053 46549 31116 S Charltabte ACtties Expernse Come Dine With Me Childrèn 8 Famlly Activltles 33 33
TRINITY-AT-BOWES METHODIST CHURCH (121161 Notes to the Financial St8tement8 for ear 8nd8d 31 Au ust 2025 6 Trustee8 Remuneration and Benefits There were no trustees, remuneTalion or other benefits lor the year ended 31 Aug 2025 nor for the year ended 31 Aug 2024 Trustee Ex ense Ther8 w8r8 no trusteès, expenses paid for the year ended 31 August 2025 nor for the year ended 31st Augu512024 31.08.2025 31.08.2024 7 Staff Costs Wages and Salaries Social SecuritylPAYE & Nl Contrit Olher Pension Costs 87249 72866.33 11046 7646.49 8300 7704.44 106S96 88217 No employee8 recèived emoluments in ?x¢g5$ ol F60,000 8 Tanglble Flxed Asslels Freehold Plant & Pro Flxture Volu•s at 01 September 2024 Addltion8 In year Loss on R8vIuBllon on Fix As$¥l8 Sales of FIKed Assets in y8ar 718119 12000 469210 4500 8717 119404e 9928 12000 730119.46 473710 16e45 1220474 Depreclallon.. V8lu&s at 01 Seplèmb6r 2024 for year 72907 14602 87510 56208 9474 65680 870 333 1203 129984 24409 154393 Nal Book Values a131 Augu612025 642610 408029.60 15441.49 1 Cé6081 Net Book Values at 31st August 204 645212 413003.80 5846.39 1064063
TRINITY-AT. BOWES METHODIST CHURCH 1131161 Notes to the Financial Statements lor ear ended 31 Aug 2025 31.08,2025 31.08.2024 9 Debtors.. Amounts fallln due wllhln one ear Other Debtors 801 801 9.1 Cash in handlBank 287452 267799 301355 3013S5 l O Creditor8.' Amoun15 f811in due within on& ear Taxation and social security Other Creditors 47300 51383 47300 61383 11 Credllor8.' Amounts fallln du9 after one ear Other credllors 17713 17713 17713 17713 12 Funds Unreslrlcled Funds b1 Nel Incomel(Deficitl in Year Adluslemenls of Over8lated Depriciallen Unr•slrfcled Funds cld 1263567 25754 1256006 30127 22,566 1283567 1289321 13 Movement in Funds 31.08.2025 31.08.2024 Unreslrfcled Funds General Fund8 1289321 1286133 14 Related Pa Dlsclosures There were no related paty Iran5a¢tion$ for the year ended 31 Aug 2025
TRlhllTY-AT-130WES METHODIST CHURCH {141161 Detalled Statement of Financial Activities for Yr Ended 31.08 2025 31.08.2025 31.08.2024 Donation8 8nd18gaciès Gifts Donation5 Lega¢ies Gift Ald.. lax r8cov8red Grants 44348 45113 1025 11815 56183 46138 Other Tradln Acllvltl85 FundraSsing evenl$ 262 75 Inveslmanl Income Rent Recelved from L8lllng8 Deposit aG¢ount Inlerèsls 23807S 9319 247393 255443 10200 265643 Charltsble Acllvllles Cafe Income Coffee shop Reimbursements of ullllty b511 Salg of Chrisllan materials Chldren'8 8 fami110s actlvlty Income Grants 2109 2127 10623 4780 12733 8907 Other Incom8 InsuranGe Claim Calerfng Funeral Related Sncome HMRC JR Recelpls Printer Teceipts Olh•r Incom8 468 1680 138 9490 10096 110 8567 10347 Totsl Incoming Resources 326647 3Z9110
Detalled Statement of Financial Activities for Yr Ended 31.08.2025 115116 EXPENDITURE 31,08.2025 31.08.2024 Staff Costs Wages Social SecurStylPAYE & Nl Conlrfbution Pensions 87249 72866 7848 11046 8300 106596 7704 88217 Raisin donations and legacies Rateg and watar Insurance Llghl and Heat Telephone Postsge and stallonery Fuel, Ulililies 4527 11162 4916 5417 14706 20436 18e6 1257 9815 1717 387 37388 38618 Investment management costs Adminslratlve expensès Propety Repairs Maintenance charges Staff Over Tlme Staff Bonos Agency staff 12000 25687 4529 3139 11300 11260 4004 1500 1194 3053 46549 31116 Advertlslng and Publlclty Travel Volunltters expen$95 Subscrlplions and membershlp Funeral Related Expenses Worship Related Expenses Benevolence General Expenses Loss on Revlualion on FIX Assets Depreciation of Fixed Assets Fra8hold Propety Planl and Mach1n&ry Fixtures and F1ttings Training Cleaning Compuler&Software TAB Refurbishment Project 2024 Circuit Assessment 2390 1887 2e40 14e7 1698 313 195 390 969 676 289 550 1301 14602 9474 14362 9384 134 333 1978 2673 3157 3091 36052 5534 59576 101988 133158
116116} Det3i18d Statement of Financial Acllvities for Yr Ended 31.08.2025 31.08.2025 31.08.2024 Support Costs Management Plant and Machinery Finance Bank Charge8 Human Re$ources Bank loan Interests Others Muslclans fees Coffee Shop expenses 248D 94 399 482 3,565 3650 6434 4826 Governance Costs Professional Fees A¢c¢unlancy Bnd18gal fees Ta88iès Sunday School Expendllure 1,000 1000 937 1937 2014 3014 Total Rgsourcgs exp•nded 300893 298983 Ntrl In¢ome I (Deflclll for Year 2S7S4 30127 nesan gu Financial Officer Trln1ty at Bowes Methodist Church 29th Jun8 2026