Chath T•glstration numlw 1128118 l£ngland and BRUNSWICK METHODIST CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
BRUNSWICK METHODIST CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Tnt J Kels Jmaw R Cowh J Atherton RWI scr11 K G4fi1an H CtApm E Twnperley R•vAWlkw Iwnted 1 September 20241 IAwnled 15 M#y 20251 (Appomted I Seplember 2025 Iwinlod 16 May 20x1 Oeacw W Toppirva Ch•rtty r•qi•tr•tlon Eryland and Vlal88 1128118. Pdnelpal 4ddre Bruns Me1hcrfJ ch BrLffiSw Plac N¢tr upon Tyn¢ TYM and IAar Erwnd NEI 78J ld+pon•t •x•mln•r FryTrwo)d Jesffrf)nd Tyr* #nd Engtsryj NE2 ITJ Barthors CeMr•l Finance 808rd 9 Bonhll S¢reet LuvKJ EC2A4PE Lloyds Ba 102 Qkn Site¢l Newcaslk 0 Tyne NE1 &4G
BRUNSWICK METHODIST CHURCH CONTENTS P•9• Tru8iees' rtwrt 1-10 IndepeTraent exaUne¢S rep 11 Statement of actfvttte 12-13 88laoce sheet 14 e$ lo the finanthal *alen7¢nts 16-25
BRUNSWICK METHODIST CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The Instees preseni ih¥v report and frync 5tst•m•nts the yw tsxjed 31 Au9U512025. Ti ffinanuol statements #A¥ been prepared In aceoroance wth the xeourthg poh¢xes set ojl in nole 1 lo the financLyI slalements and Ihe dwrty'5 Deed of UnwJfTr. the Chartt5 Act 2011 and "Accounling and Reporting by Chants Stalemeni ol Revjnmended PractKe aWie•t4e lo charrt prepaw theif accounts in accordance with Financlal Remng Standaid applicabk Jn the UK and ReNlc ol Iland IFRS 1021" i•lf•thvè 1 J¥nuary 20191 Objectiv •nd •ctf¥ltl•¥ The PLbrposes ol the Methodlst Chtsrth are shall bB deèmed lo have Lwn 51nce Ihe date of uniun the •dvancemenl ol - ia) the Chwi$lÈan lasth accoidancè 1h the dnal stand3rds and the ¢11e ol the Aelhodigl Church. Ibl any rF fr)r the lim• being of any Conne%101, dl¢t, circurt, local or tslher oiganisallon ol the Metoth$i Church. Icl any tharitable purF¥Jse for the tfft of any soc4ety or mstl1utn 8ub31duary ry ancdlary to the Melho(J151 Chts[l. Idl yuiw55e fw Ihe twne bew ot any ch811ty tery a chanty iubsidlary or awllary trj the Melhodisi Churth The trvslee$ have thie r8gaTd ¢0 gukJane4 1581 by In Lleckllnll a¢tfviite$ Ihtr charity $Tr70uld undertake Achl•v•m•nl• and porforniK• Cfvei Ihe past month8, 8runSw methj151 Churd) h•$ ccrfinued lo expand the uv• of our IKerni&e OSS1518d by the colnptn ol 10th8n wc4k to the fmr Ltenry Po81 rooms In w kn1ng. Al Ihe sam bm• 8$ Ihe above work wa$ ¢omptsd. * recved a fwm eUIry from a group Galed "Recovery Church. lo move into Ihe reltsrbhed spacé 'Reco%w Chwch, 1$ lnCthJVo ccrnunity lor those seek recovery trom all addidiong and ltrd by people . Itr•msth#. lft w. 119•lhBrs lor iho puw of mulual 8ucwrt. spiritual orowth and Dn-going dchrfI The Newcasue expr•$Y ol 'Re¢o4wy ChLrch' ts ol1w9 a t4uepn.nt lor cthimunlt%s whKh aTO Gtoss the UK This group 15 grtW41ng In numbers whith has been very encou8ging to See and our new Diaconal Minister who Is to bE Sialed lo our Cwcuil ift 2025 will gbve wpport tu this w(rt. UnSd¢ thod1$1 ChuFch ¢chnveS lo host • 5eecffid Ch4wTrknng KoryJ8r congre9at wth whom we • devdopmg closer Itnks •s wt raWne ow Shared clIv lo serve God In our tsty cenlre contexl as a mulli.cullural and intornaiional fror Itt a$rn. we have given trfne over tht5 past year lo consrfer new are35 01 ¢y055-cultural minLstry taded up by oui part-twne Lay These areas include bilingual bible 5tsJdies. the oniinuatyon ol our unil¢d acls ol worship and a shanr¥J of on Ihe part ol Ih06e In lE8dehp across oui two ongregolions. Th15 vBM)n will we trusl. LM)fvn hlyrt BwnswK 9rtr arn Ihrbbts over th8 nèxt lo lfrn yeatg Newca$lle ChiTr?s• Church (Syrtne £3,1XK) I4¥J$ Iht trleT F•placemenl appe•l. Owei the past ye8r a rnaior lun11ralvj Inm'8live has teen overseen by our ChLrtI Trea5urei. Property Serrel¥ry aii(J f11i4111Le ComFnrtth Th15 was In suwort ol Ihe 5¢atta1)n of ne4V b)IlefS, Feplw the filed in 1980 Yth Ihiee eco•friently b011ofS whith can ¢lVerted to hydrogen The (rAt cm m on JI r66,845 aTrJ vms fijnded by donabons Irom BfUll5vCl and Chinesè church membu5 of £11.352 and five 9¥rouS grants iam Leech Chanty t1. Chennt Cookson Fou[11Jn £3.5tXI. 9enetsia Tw51 £19,41)O. Nc>rthumbrla Hrdtcffle Chuicli¥s TrusÈ £5.OCPJ and the CifoJJI Fleeting £18.593. Thwt W85 so SUFPOrt offered by the Melhottisl Dislr&. Pwdhoe Stre&1 MiSsn aThl Tho Trustèès lor Melh(xlisl ChuTch Purposes Thts cwne on the back ol those alterations aFid o6tsw8l lurxfiatytva io ieTu[L the l(xmw Dstenthg Posi ropm5 menrIon above costlng UTC3 £%J,(wJ
BRUNSWICK METHODIST CHURCH TRUSTEES, REPORT ICONTINUED> FOR THE YEAR ENDED 31 AUGUST 2025 Profik olour Lxmmunty es 8t 31stA• 2025 55 church members.. 5040 WOFStrMW. 10.15 Fegular Fatvkno( prayw partti'pantj.. esimated annual foottal of ctsnFmunity user8 ubbsm9 ow dr¢h buihu= 6&70.IJ)O pWtr_ Age xeakilon.' 70% ovw 6(ts. 20% 2ckeo,' >10 sludèntsfyoung ad$. Overvièw ol Lay Le•fjership Lay IM)rkÈf lof Cross£utttsral PAin15try120 hr5 p.wl. Lay Woyker lor Outreach- cea¥ed i April 2025 in anlKpabrx) ol a lYd•d tEing wilh IfLVTr September 7025 Ch(trch sd3- 3 wmbers. Churth Leadernhlp Te•n- 8 membèrs.. ClrtKch Cn- IS mÈmb8rn. Centre staffirvJ.' cent Manager 130 his), 3 earetakef5 11 2 part-tne. t(171.6 hrs) and 1 YUnIe secretary I I day ¥ 4ekI. we ConstY revv•i 51affing e18 InlrY Team = PTesbyler10.S1, TTO omr4)yed L•y l<Set•ts ¥tovel. FIn&I¢eRth)tsreK pfour kn'noty & Miss# The Finance CthYxrt ol Ihe drCh la ¢onst#ut•d SLJvoJmmiliee of Itw Churth Cuuncll mel sev•rnl Ir¥ dunng the year, It ss kèen to recrurt new memtréfs 10 ¥engtheTh Ihe breadlh ol th1115 and knowledgo In Ihe year In que6bon Ilie fuDd rawng wograftyne fevrfved around compbng I •hefaliuns lo the fomèr Lislenlng Post rimyns. now the Recovery Church Hub and Ihe reFlacement ol Tr brylers whrh had coridemned by Ihe tonlfaclors du8 to age and ihè dn m TpgiJLgt T. AA)eals were very succegsful. •nd the thurch did not need lo take up Ihfee olleied gran15 As respc¥t emplfwiTr we adIre lh¢ LNmg Wage Found8tion guifsètsnes, and we ofiffj a crmlthtory pensffi arrangeThnl It church con1rule5 6%1. DunryJ Ihe year all voic£s paid rm Ilme. Ihe man( rtrnegoiialed a lthw Otracts for example ftre alM ContCl 1Come Irom rc4)m hite$ was just a¥1 of buU9el and this combW ffilh back.feot meant Ihpt the adu81 tNJdgel banc•d, Income frorn Ireewim 9Ning and donallons was behind rnainly due io there being fewer rnembefs than five yews ago 4nd sthral Feorle •ttendtyw tewii sludenls tseneral fypairs ar mainlenan¢e vrdS vnderlgken of concem rth the long tami wabl of tr* knTrthrow PToJector in the worship s¢. Ihe cos1 01 repla¢emerrt wll be In ex¢es8 01 £8.IJC4). Beknw cw bv lound peptharts on • ush. b¥so. &b¥tri
BRUNSWICK METHODIST CHURCH TRUSTEES. REPORT IcoKllNUED) FOR THE YEAR ENDED 31 AUGUST 2025 12 Tha finBI costy tOT th8 Listenry Post attornu$ to ue•t8 IN P0¥¥ Chwch Hub ww8 lover a Iwo yeaF p•nodl.' L425 f 4V)JOP f &lll
BRUNSWICK METHODIST CHURCH TRUSTEES, REPORT IcoKfiNUED) FOR THE YEAR ENDED 31 AUGUST 2025 Kl kjr the l)olkn re04¢." Dwinell fealures 013nmsws . conrrtl wrfh a dwOwiMy1È numbeF ol qnd vul01e peoFq8 capw to resFThd fjftectivety to Meds by thele pecokn b dependenl upon c 8ffing 1oNYls. whelher pa or voluntary . hove oppJrtunth lo ellalsh mcYe wor4. (kne vx•mple ol this Js In tyJT rjogw wothno th 'A)Very Church, We ¢onrnel with business a1 Iile. IA mainiain ¢lwe hrths W¢lh the Councilkjrs Se9 Ihe Monumffit Ihtsrd, anrj wilh w k)¢81 MP, Oame Chi Cthvurah ¢bsdy oty centre tMJliung unrt artl NEI . art attessible to a wth variety ol pe duo to wr pubtsc transport hnk6 aryd our kKal+on. Thrn espe(Jalty illwrianl gITr tlw limiied pathng now B¥arf d05e to wr thufth tytsilding. . serve our Melhothst otI1 and Regwi throLW hosllrrfJ th cffllefencs and events We offer potentyal f¢r rellÈctNt space and wayer. Tlws plwr space 1$ Vty1e upon entenng our building. Brunswitk llas Mrtant link¥ to Methodi61 t111. Odtw¥J r4hL t%L"k to Ih 17405 diid t1 WE¥l¢y Oipliwi House. BNnswKk has not lust a hentbge • hnllYj role¥ance lo the Ule ol our cty. The Brunswts Coffee Lmrted. wholty owned by Ihe church, * slaffed by abcul thirty five vdunteeis The profts are transferreij under ¢ovenant lo the church to sU]rt miss arKI LKrtreach 11 offers 'suspenderf hol drnks and food to hmle¥J aThJ N a sale ¥we for and vulnèrable people. 8nJnswck has a lo be the churth •1 Iart of tho City. open en doys a wk. Il hrJsi4 qpvprAI 'anonynx)ug' groups. Juncbm 42 IwoTI(Ing wrth ex-offendws and PSOners1 Charying Llves Ivulnerabl peopkl Her Cirdè Iwomèn at rtski. u14 and Expke Ilor lrfe l¢¥bg IBaming1 •rnongst many other grc>ups
BRUNSWICK METHODIST CHURCH TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 Flrkan¢l•l r•¥l•w One ot the tasks sei by Ihe Charibes 2011 oThJ Cltanty comMtss is thal every year ihe Managff19 IfU4ee$ shoukj r#view 8nd il apyopviale aFs¥o¥e a reser$ pollcy. The Iram¢woTk lor Ihe KB6erves f¢x 224 12025, l has been uTrd&18d from 20fkQ3. Funds coTh from in¢tno that the ctturch retsr coNecbon5. renlal tn¢on, leas¢s. c4tpfing and other ¢Jon3lions. •lc. They are fur Ihe eral¥¥j costs af the chuich lassessmeni the Qicurt W"¢h Indtyjes Mintstors. 9pend. utility thar9es. sUrance$. salwB. rOuiV aTr# m?tnlenance fflinof UPgfadin9 wwk. purchasèfy ol mthlngs wuipmBnLI The trustees are 3ware that 11 the church to dose thèro Uld be a habldy to rAdiinrlgrry p•yrnvnls. Ihe trustees have not calculated whai IhK IlM"I1ty may be. sxe Ihe Injslees th•1 church rK)t d05e. the in th resp8¢t1s nil. Iruslèes ha an on90iThJ pen$lDn 118tr4rty. In r¢5ppd cl pag1 ol an employee vthith 4wrtsunted io £30, 179 00 os al 301h SeFxember 2014 by 31st A[. 2021 Ihs h•d rduwl lo £8.2(M) 202? È8.566 315t Augusl 2024 10 £286 and ty 31si Auguyt 2025 was £1,248 The 1fu9 are extingLH5hir4 Ihts Iwtsdity over a len yeaT ppri(M Anrting ?n Imi5ed frun 2024 by TPTI IThe fi9urn gfvan is lh• rngsl receTrl provthd ty Th¢ Ftn)h)n8 Tiusti, the iruslees have teen advisetl ihjt th? has txlended Should Ihè tsvslees no lonpr have •ny employee¥ wth an acbve n$In ithal 6 who Is sllll conlributsngl then the 'vAthdrawal' clause WOU be tnggeFed. the habilily as al 30th Septemb•f, 2020 w3s £X).199 53 and at 3(Mh September ?.0?4 £5,185 pobcy The resèrves pdri ol the trustees Is io hold an or1)11att Proport {i.e 40%> of ¢xpendrtUTe This Is awoximalefy £240.tXO pei year 1 40% = 1)rxi 11 ¢s the Inlenlion ol the K4anoging Tiuslees (The Cur¢h Counr,Ill lo bant the bu¢#get and ret•n fÈwes. to meet bjth geneias wnning costs and kn(wn works on the pronY that oui prol?M)nal ad¥tsofs and we congder These a beJw Gen8ro1 Funrng costs £120.C(Kt16ee ab<J¥e n(Ael. ¥Nrtow lIS tho Cfvurth Is a Ited buildry •nd mo years 2 ndowS fj relad a¢ £1k each £10,00012 M ye(It base¢J on neyt 5 year51 Lfft r&platst. The lrft Is mainthined by Obs. ty havè to Mainrt the lift for the 25 yean. the lrfl wll cosl at ast £ I( lo rep0. £20,0ty) I£Ic(25 years x nèxl 5 yearsl. The pens5 Trust £2.OLK) 15ee above). . Imwov•mènts lo ?ms, InLIng wtykry waItI5 bety m(xe ectsfnwth m nexi 5 yearn £20.iX)), Totol Éin.c The total amouni of Im sere$ 1umestrK IuFMJ5 nol wweslad m thngtAe fd 8wlsl •w ¢%ry¢nty £110,939 12024 £95.051. 2023 E?08,3831 Brunswr Is a gMI8 11 b8l•J aty c4nb thuwch eommrtled lo serviTr3 the cty through arAKM and r.hnslon rtnes5. The tmsl¢ea' Obve is lo mwlain restth ru •( • ¥•1 ts t4JifKnt lor It ¢*urch lo carry OL4 mission. Thè managmg trustèès ctsnGMJer there 1$ 8 need lo ensu that Ihwe are alequale hJKls to meet Iijng lem Maintenanc of thÉ ehureh ryemises. as a eonsequen¢e of th£k CovKS.19 p8ndwi¢ Ihe Trustees dtrrestrtthd IhE property fvnd, ift JU1 2020. whth LS now Induded In the ger81 funfls.
BRUNSWICK METHODIST CHURCH TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 These funds are held a5 m(thl InJs¢ diffeui 15sueJ by the COnnex Pioperty Seeretsry. The Interest ffr these hjnds & used for ihe luThJ whiGh dis&ed 01 the dI5creln of Ihe rnvysters. The reserves ol BrLW5swick Methodisi Churth ale held wth Ihe Tnsiets fDt met151 Chutth Puws arml Ihe Central Finanee 8oard ol the Meihadisl Church ar LJtyd$ Bar& Th•y do c4)ver al •v&ntrF8kn1 ¥thith the tritslees CBn envtsage wiiii Iheii lo lulfil cty ¢Ire mLssMm Tlie slaiements ha been prep on a gn9 CL¥Kem baw5. In makry their assessrnnl lh¥ trustees have irviewed con81deI fel•vant IndLvJirrfJ Iheir annual budget and f¥Jlure GHsh )lows. IA response to the COWD19 pandemtc. the trstee$ ViSed Ihè ly¢casts to lake Into accojnl mea8uFe8 ihal they took with the iesourres then av8rf&ble io milyte the unltI ol the p4Jvefse condrtions. Thv truste are ol the vi thal Ihe immediate luture of the thanty for ihe next 12 rnth5 a secufe aTrJ Ihal on this basL8 thÈ chadty Is a 9OWIg c¢fftrn CHURCH POLICIES All polits ¢onlorrTf 48 •ppf¢iwie wth gLMJaiK• winc¥Ae) 95 $twl#ied by Ihe Mth>Jtyl IhilPSJI RISK POLICY Dynng ¢he year undei the Fmance cMIllett CKlj reference lo Irrdtlafs •nd Ihe Mmlstsr levied the 'Rlsk p0cY statemenf wPw¢h covers t lokng areas. FINANCIAL RISK The Chwch Councm ts laced TAth the 10thn9 fln8nd81 rffjks.. . dopKJw ffi Iimthl Inci¥n8 sources Ifreth¥rfl gmng, Invest1 ¥Komè. room hires rent4ls coffee shop and dgnabonsl. m•no9ing Ihe rapilal fluctu•tDn4 lnv•Etn)t In¢orn• and rental inwfjc. wwbility Ip Oltrthd addi&7•1 [14Vri> fiuiii 11 gera1 putllc and rnembers.. an unforeseen rise In dwnd lor evrre Ilor examFle on niaior rep#irsl an unloren Inciease In aciu•rial shortfall ihe per6Kn fttnds ihe Church Coursul could be deern&J sponsible Iihe thurch Is already conlnbuiing to a shortlall TPTI a suslamed fall kn Ihe valtsE ol inve5tmenls and property hek1 by the Church and appe•nThJ m the baknc• theet OPERATION, REPIThATION AND STRATEGY In 202112022, Il was Jefttsfi•d Ihe most 9rfIcan1 risks 85 19lknw Ingbilily to Gre8te iiew Meihodisl dssciples re$LQbrw Iri fu¢lli¥i der&ne. uiimaiety re5ulliry In the Mothodisi Ghuvrh rR351ng lo exist, loilure to provKle adeque resouices that n8We the Managing Ttee5 ol Brunsw¢k MelhDth5t Church lo dischar rt5 fesporrslbItt". the emrienCe ol (hJT CaknJ tails to be Inlegratett Inio ihe rn1$gion and miiiislry paihways ol the Churth. sudtten tharrfje m polity 01 strate9 dileTr enlorced by The Church GouncH. delndencY on lfftied iThGome sources Iioom hires, letbrfjs. coffee Shop Inves¢ uKome arnj donahonsl, Impact of economic flyctvabons on tKJr 055e15. liabthes and aknlity lo false fvnds to •nalAè u$ Irj c(Mrtinue OUT an unlofe5etn Increase In ihe acluarjal 5hortlall on the perwon lunds for %thich the Churth Counal ccrtthj be LleEmed Ftsporb51ble.' toss ol key pef50r¢nel. Il ettects ol 'Lliexif and Ihe coronavirus pandern. Miy 01th nsks •1* hkely to femam equ4ty rthanl UwougluI 2026 and beythid.
BRUNSWICK METHODIST CHURCH TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 AUGUST 2025 RISK MANAOEMEHT M¥llKwJi in Greai arna has a nsk manaern )1, +•thi¢n has been Set by the elht Council lor use bolh by Ihe Trustees and by Lc¢81 Churche5 The rssk managemeni pdicy 15 deslgned lo identify and analyse key 6trategic and (vialnal Fsks laung the Methodtst Church and, at vnacCeplae vels 10 take steps 10 mrtEatÈ the nsks def¢ne key 51vategic nsk5 a5 those Ihal. withoul tifeciive OF appTOPflale mrtigaiion. are ghlY like 10 occur and would have a posibve or negabwe Imp8d on the Churth's abilsly to lulfil rts puipose of advanang ihe Chrtsi44n Iwlh In £oftlanc4 wth Its doclrinèl slandaids, These nsks are reported to the Managing Tru$teÈs through a nsk manayemeni process, att()W5 Ihem both 10 Chain9C any assumptnS the Church Leadefship leam has made 3bthA iisks anfl a150 to understand the Guntsxt whith decisTrDns we taken Tlx$ helps to ensure Ihal tho mosl Seri n5ks arè managed elkn8ly. Tho IIu5tee¥ rewgn18e that rt B ntrther po534e nor apwopiaie lo seek lo eknmate risk eniifély. W& r•¢ognise Ihal rL%k-takin9 ffj ¢nhergnt task DI comrnunbcalry th& Gospel John Wesley himsell lopk Iisks in eslablshwvJ the Mèlhtxltsl crrtnmundw. (r task lhere10. ts lo emtxace nsks that Io aLfvaFy the f.hurch's puTse$ whe ensutw ihol we avobl or minmise th0 nsks Ihat might have o negabve Inwact Effective TLSk anagement woce53es will 1p lo Increas¢ Ihe eknxxl ol th8 Churth lulflkng fij misston. Thè ria managemenl port Is ved anrj rewsetl annu•lty. INVESTMENT POUCY Ihe Churth I•.n80 ITh11 8r¥e5 most 01 gener•l¢d frum lh• wryu15Wy pvrthBse of No 19 Brunywck Ple. The Clictht'$ fvee serveS in Augusi 2025 were f.l 10 93912024 £95.0511. The procee¢Js ol sJe are mveste4J wilh Iht Central Finance Board rf the Methodisi Churdi See I111 li l.Ililllibtn(Jilis'.=hui=ii ort! L.KiniJiiauErtli Ind5., The deus¥)n of Iho Trustees to use the CFB was based on Ihè lollowing cottsideratnS 1 Th• Clre f.oÈinrJl'$ rpyxN)s•hility. ay fw as 6 possible. lo prot•cl. mAnago ¢onser¥è ihe capital lor lutur• mison and 2 The Chants CcrnmsK)n has wovthd guanCe lo Chariiiés &eeking lo Inves1 ¢aBh fund5 See I, '.1iS if qL¥ IArtiuoveiiiiiir'. vk.Ibl,w£ildufloYI 3 is nMJeh evldefj lo b c(mfidenl Ihat tr CF8 Man8god Mixed Fund both an 6th11 •nd • medium wwestyncni. Se akn Ihe CFB elttiE3 p8ge i.lli)s' V..¢1 Ffv.Iiiii-IliiidlsTrhiir¢h orry .. i!Ihir4,' whth Indicale8 thttir warthn9 inYe5trnenls 4 The siaff at tho CF8 ère all salariod employees 8nd are nol pa•J on ccnmtssion thT performa 5 11 Ihè Circuii Meelln9 we5 io ¥¢¥w frwi egpitsl ihal 1¢ n Ihe CFB P4IK¢d fund It pp>sible tg do i¢ti lj1 notice. 6. Th wll be 4n Inveslment the k)ng mi and tyl be regulJrty PAYMENTS TO STAFF Lay 8mpkn¥ths In 2010 Ihe Methcttlrst Ccffifwence •gre•d Ihal the rntes el Ihe Lwing Wage. os published by the Living Wa9e Foundatn. 8hould lorn It rninmum baC salary foi pe¢)ple employed by a d151ncl, circuit or a local chwch. Thts poliLy also Indu¢Jes young bèl(rw Ihe •ge of 18. In ldititsn, a pOint Salary Sca Is OFplied to a 8peuffc0l, whth B ts4d on quali1lIcTh. expenencè and rÈ$ponwlItIes The ChLw¢h ffj sGrupulou5 ir4 lolkmiiiy Illi¥ pLY GuNJuleS are ovalatAtr Ihe Methodisi ChuiEI) web-sjle. Furihermoie, al employees are oftered a pens aiiatyJement The P•nsior)s Trusl on a 'monay purchm. basis Sets IiTiri SAFEGUARDING POLICY Th¢ churche5 safeguarding ptsli¢y was VieWed in October 2022 and will I¥1 be reviewed al oui October 2025 Chuich C(xmcil All managsng trustees 3fè fe9ularly reminded of Ihr rasponsibltles. The c5rcuii tskes its safeguar0w re5FQnsihtyg3 very 5enousty, ensunng try church aclkntylwoieGI 16 awafe ol nd adhe¥es to its ye¥nS$blues su¢h a5 d15pIayg rts pccl. updalry ils safewardin9 MfoFm"on, rewewing sale9uar(bng pohcy on an annual aj retaining rts feGords acCcdW wth yopei gUance appoini a Lhurch Safeguapjing Officer worts closety with the Circuit Supennlendenl, Cliuich Administrolor. and stewards to ensure Ihat safeguNdlng rr5prythm 8re revetd a iegular basis.
BRUNSWICK METHODIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 VOLuNfEeR MANAGEME14T In June 2022. salegudin9 meews wilh all chu SèfoyU4rd9 Offic5 and ihe Senior Stthvard to remiThY them of the lorm¥(Sedaralsons which all v(Aunleers need to Sl9n, dependg on Ihwr mdmdual r&5. togethv wth the tr•ining whth they need io undertake, DBS cher&s are iequired loi any v¢)knteer those bryy Ihem tnto contaci with users of our seN¢es and pri4ecls th the general publrc. COMPLAINTS HANDLING It is hoped Ihai any c111¢1 wtuabons wdl be dealt with sensrtwety by leaders ol tsur lorsl Church groups However. WI this 1$ not posstle then the Met1$1 Complaints p3 Mll need to be Invok8d. IhLS will reqvire conlacl try rnad& vAlh Ihe Lal CDmrAainis Olttcef who Is oul Circuit Superinltndenl (also Mmister ol BrSick Newca4k Chinese PAethOdl Churchèsl, Re¥1 Paul CteÈver.Thiy. The woc• would Ihen t wl mlo elled Vle 8pwopriate supwl bwng gJ¥en by our Dislncl RÈconc4iatwi groL CONFLICT OF INTEREST To compty wsth Ueththl Clrch guthru. Trthstees are asked at th? Church Co1 Kleeliiig lo declare any conlkt ol Initrtsl4s s1 as ihey ale awara tsf any k)s¥bility thai his or hor p8r$onal widpr Interesls could InflUee decsion4naking Wrthm the ChurdTr. Thls * a standard agenda rtern at Ihe beginnino vl each Meing to tNste¢s to ded8re Wby or c(tll¢ts of Intemt Th 1$ etshrined in CPD. Si¥ndTrnu Order 019A GRANTMAKING POUCY Th• Cthurch Cou and FinanrA COmmrte ts mirKled lo moke occasional grnnls frc the general lund ond from the M135w Fund which Is ai the direcbun of IhÈ Minie[. These grant5 wa d15Nelionary and lull detaik 47r& gN8n In ibe accol11. Th• Incomo Irom lh• porn1 endowmefft M •ppld 10 le MI&•N)ii Fund •n• for fulur• p•rlod• Our ho for Ihe royning year is to conllnue cdtr ¢>ye'wgw' rn•$ty ot s•Nn9 Ihe vdnwablè in our uty cefffre partnevship wilh those who values •rKI ow Mtswr1 otWCtsvés. placed to this ohty Oue to an excepiionalty wewmaintained sei ol womises a150 because of the enthuwashc nvmtx•.I nf voliJnT•pr th0 SLI[¥rt our chur¢h'5 Inviistry and mis These ¥olunleer5 Include a larg8 nLnber from wthm our ChH1ts5elHong K¢yvJer c(yTrmunily wh) are swvin9 Iti Bluwr, foffee ShoplCalé- vperafed as a Ll¢J. coMnY (kn the pasl year otsr Coffee .8hop has y¥8lded cir¢a £11 CX)O The benefil of ihis venture wntin5 lo De seen In how it enables us as a thuich to welcofne a wrde range ol people Inlo OLtr buildlng and exeruse more fulty our mthlsiry pl hosp. T ¥e$ us wihdence a5 Iwk to lutU1 8lructur•i gov•m•nc• man•owTr•nt The Charty's Mawing Trusiées Ile bekAv all we lay people excepling the hvo mInlena1 staff and Ihree Lay kers all of wlwjm are emwed by Thè MethcJsl Chuffjh Mawmq Trv51ees meet reguiarty as ihe Church Cwncil and ddegate some ol ils work to a knoder5t le, OF who are trustees. Th• Circuit 16 orse )f 12 ot Ihe Tyne obstr and has 15 Chuidw ond pre8chir4 place, ol which 8NnSw L¥ Ihe govemjng trKKfy of lh8 urcuil is the annual c(¢rence of The MEihDthst Chur¢h. The Mlhodtst Churth Act 1976 gives avthonty ufKlÈr The MethTrJLs1 Churth acts. The ConstriuTh praclKe and discipline af The malhl&t CrnJrch logelhef wrth The Deed d Un40rt (Act d 1929 ated 19321 govern ihe acgwrt5 01 the ciirAJ In gEnetal Tlie Mt11104Jt51 C4iuTch 15 expecieLt the [ed to regler as a charity by the combines effect& tsf Section 4614IIAI of The Chwilies Act 1993 and Paiagraph 412IICI ol Ihe Cb•rrt¥e5 lemceptson frryn iegistratK)nl Regk+iation5 1996 as amended ty Statutory Instrumeni 2014 No 242 Bfttnswck Churth, howevpr. & a sepaFBI2 Regi8lered Chanty. nuThtrAr 1728118. m Englarnl and V¥s. The Tru51eeg who have setved dunrMJ the yeaT year end set out on p•qe I, The trusites are appoiiTrted annually by the Chwch general wrtg The pnnuplt athl af ihe Cwujifs bartW5, sthcrf(¥s and othÈt •¢fviS$ arÈ given c) P8yp 1. Funds are transfrryed lo thè Circurt a tsas to net tre ¢ommrfments Io Ihe tstr1 and Il* upkeep of the Ctycult
BRUNSWICK METHODIST CHURCH TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 The Irusleei who s•rv•d Irir4 the year and up to the de rA$wJnatufe fin•K+al 5101wlIts Wre Rev PC> c1eever-Thoe J Kelsall S Wllis S Fuler J MBwer R Colcluugh J Athert¢J R lIe DA Stabler S Ciothjen K Giffilla 14 M(TrueiJi J Bombuwalag• Fl Chaprnan E Tirnwiley b Hutchinso Deacon G NlcKgBn Rev AlKInsl A Hampsh¥e OeaLY)n W Toppry E Hawdc IRe¥lyrwd 31 May 2(r251 Itknased 2 20251 IRMyned 31 August 2025) 1 Sèpi8mbèr dU141 14wnted I S May 20251 Wnted 1 Seplember 202SI (lwty'tiied 15 M•y Xt251 Ilethod ol Appolntrn•DI of EleGllon of TruBleg8 Tli¥ TIublLb v¥liu Iw¥¥ bvtVts41 fJuiw% lit¥ since the yv471nsJ •re annuwty oy Tn• Gnu tyy th• general me8lkng or by being ax officio IMini$ieis in good standing) Ihe Iruslees are teswnyJIb wepar1 the Truslees. Aftnu81 Report arvl the. Fmanual Statements m a¢eordanee with applicab law Unrted Kinodtyn Arc{xling Slandwds Iuniled GenevgHy Accepied ACCO110 PraGhce,I The itU31ees are iequired lo prepaie thancwl siatemenls ltr eath financwl yeai give a trL and fair vKw ol thc slate of affairs of the chanty and ol the Incomirrfj an¢J opp1(b)n of rescwrce5. mcikllng the inc¢ Kt ?xpen(Mlurp of chanty for the year prepar9 Iho5e financial 51glemenls. Ihe Injslees are fequwe<l ¢0 selecl svrtabbe accwntsrvJ and then appfy them Cons11Y observe IhÈ meth(xl& aNJ pnnc1ps In the ChArrte$ SORP • rrsake I19ments Ihat are roasonatrk and Pfudent. stale Whetr ath1¢ab accounliThJ standards bwn lolltxv•d. 4ny mater¢al dèparturns djscbsod and expLaird m the financ statnIS,. epa the finanual stalem¢nis on the 9C4ng concwn 138%5 unl8SS rt * mappropnata to Pf•SW th•1 the chanty car¢in m watwjn. The tru3tEe? are responsknle lor ke¢ping Pfoper a¢countiny recoTd5, which disthse wjth rearlable accura¢y the financ131 position ol ihe chafity They wre #130 rEswnsle fDT 5ateguarding the as%ets of the arKI h¥nee I laking reasonat)le ps for the preventson grKI delth of fra1 oiher ityegulalrtS
BRUNSWICK METHODIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 The tru5tees' report w8s aFproved ty the Bwd ofTrnsknès. DA SIJLI Truylwv D8te 10-
BRUNSWICK METHODIST CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRUNSWICK METHODIST CHURCH l fo Il ttuslves my ox•minatr>) ol Itte hn•ncBI smiements of 6njnS Math¢)thsl Cl¥Jrch Ilhe ¢h•ntyl lor IhÉ year ended 31 Avguyl 2025. Respon#Sblllties and bas1• of rnport As the Intstee$ ol Ihe you are ie5wnskn the of fM?ncial ststamonls m a¢(an£? wrth the requjrements uf Ihe ChartS Act 2011 l port ID SpeCt of my examinolion of th8 charflys flnancial slalgmenls carrd out under seclion 145 01 th¢ Chariues Acl 2Q11 In carryir4J out my examinati1 I have lolkmed ihe Oire(kbns 9Nen by Ihe Chanty CommI59n under secTr"on 145(5Mbi ol Charth8Act 2011. Indopendonl examlMr'% Jt•t•m•trt Since the chanty's gross Intne èxceeded £?sn thR examiner must m•mbe¥ of a body Iisiod In section 145 01 the Chgnl Act 2011. 1 confwm thal l am quaIrfd lo undertake the examingbDfj because l arn membeT ¢IACCA, which l¥ one ol ltte IW bodie&. I have tornrAeted my 4xamaln I coftfffti Ihat no matters haye cJJ)7e to my atten1n In connectlan wth Ihe exnmlnaticr grviry mè ¢•use to bel¥È Ihai in any malolial TesperA accouniing iecDrds wero Trot kept in ros1 of the Chanty as wutred ty secfHJn 130 ollhe Chantses Act 2011 the finanryal slaleFnents do nol accord wrth IhoBe fecofds. ¢4 the linan slatemenls da nol with the albItr wuKernents ¢4JnceinMg Ihe lorrn and contenl ol Iinancjal statoments sei Dut In Ihe chan15 IfvLcoun15 and Rep)rtsl Re9{doti$ 2008 other than •ny requiiemeTrt Ihal th¢ Tn¢la1 sy4e • tr and vhm¥. whKti 1$ nol • m4tt•f as porl ol Inclependenl examinatsc. I ¢onc¢m• •nd h•ve cotT iw Itlllliers In winecTr)n ffti the examinan to WhTr¢h attention bliijuld l)v dTawn In repryl In order to enot4e a prop undoTslanding 01 fln&t st8tèments to be rkched CL NicholaB C'.IiiFiingham FCCA Robson Laidkf Accwni•nts Limrt•J Famwootl Hcu6• Femwood Rowj Jesmontt Newca$tf¢ 4ion Tyn• Tyne and IA•r NE2 ITJ Efignd 11
BRUNSWICK METHODIST CHURCH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 Curr•nl Ilnanck4 y•ar UnrMtrlet•d R•stricted ftsnds funds 2025 2026 Totsl To141 202S 2024 Dmolions and legacies her tradg a¢tNIti Inve61menls elhw cCne S7.515 166.041 69.493 127.rA8 166.041 6,788 2,18S 52_367 1S6.817 8.838 224 116 17 Totsl Incom• 230.137 71.885 301022 224.081 Raising lunds ChanttAe 8Cti¥i¢b•S 513 217.720 545 302,175 226.804 Tol•l gxp¢ndlture 218.233 84.487 302,7X¢ 227.092 Net gaInFJ{bsI on ¢v¢slme 310 12.044 Ine(mIn{DUtg0In9l rnsourc•8 b•eor• tr•tK•f•rn 12,198 112.5841 (3881 9.033 Gruss Ironslvs betsve•n I$ 157,Wd7 1157.9271 Not Snc(knlnW{ouiqobngl r•¥ourc 170.123 1170.S111 13881 9.1)33 Other rncognl••d g•lnB and IoBs•s Aclu¥rsal luss on dehned b•)efil penson 11.463 1.4631 N•1 mibw•m•nt In lundj 188.880 11.851} 9.033 FLmd 0rtt5 at I September X124 161.842 184.124 345,966 336.933 Fund bal•ncts •t 31 AUgt 2025 13.613 344,115 345.S66 51atement ol fir0141 actNiiie5 mchjdes all gns loss•s re(¥)grnwJ In ts ¥ear. Tkp StsVInt ol finrya1 a¢lNiltes IleS all ga5 and losses rtc4nlted in year. 1 C4)n and exr*ndityre dtrtve from conbnuing acbvths 12-
BRUNSWICK METHODIST CHURCH STATEMENT OF FINANCIALACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE AccouKr FOR THE YEAR ENDED 31 AUGUST 2025 Prlor financl#l y••r Unrestrltt•d RtrIcted lund8 2024 Total 2034 2024 Donaltons and legac lJtter trading acuvii Inve51mènls 39.367 156.817 4125 4241 13.0Tr) 52.367 158.817 8.838 6.059 4.713 1,818 TL*al Sn¢<#n• 19.531 224.OB1 Flaising ful5 Charitabl• 224 mj 226.e04 Tolil •xp?ndre f24.f49 1293 227 17J2 gain(1•$I m¥88tr 12,044 12.044 In¢omlnW{outgolngl bdoT• tranTr 120.2491 29.282 9.033 Gross Iran$lern betsn funds 14.OS41 Net Incom5n(DutIOIn91 mourc•x 118,1951 25.228 9,033 Cth•r r•rognlsed galn• •n(I IoB••B N•t mov•m•nt In lund• 116.1951 25.228 9.OJ3 Fur¥J bInee5 al I Septernbef 21rrJ 178.037 15B.896 338.933 Fwid bJl•ncw at 31 2024 161 U2 184.12d 34S9
BRUNSWICK METHODIST CHURCH BALANCE SHEET AS AT 31 AUGUST2025 ZO25 2024 Fl)t•d a$8•1s Tan9ible assets Invesbnenls 11 61.374 168.gr 86,791 168031 229.878 234,822 Curront assets Debtors Cash al bank In hwxl ij 24,194 91,304 118.840 12a.742 115,498 Creoitors: •MOtr 14lllng du• wlthln onè y•r 14 113,2551 N•t cmnt 115,487 111,430 Totsl a•••ts Im currnnt Ilabllltl¥• 345,383 346.252 D8find berfil ¥abty 16 11,2481 12881 N•1 awts 344,115 rfv• Tund8 m• charty Restricled Income Unwid¢led ILThIs 17 13,613 184 124 161842 344.115 3dS,966 The financial stalements ap0d ty Ihe iruslw5 on DA Stablei Tnmtee 14-
BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accouiitlng polkl Charlty lrfomiaiion Brnnswick Kleth¢)Y15t Ctrwrth 15 Imiruxp)raled thanty {diaiity 1121181, 1.1 Accountlng conv•nUon Tri¥ financial stHiemcnis Thave been p¥épa¥ed the chanly's gwnh>J dmnI tho Chafth5 Acl 2011 FRS 102 'The FinancL91 Rewtwvj Slandard aw)IicabtsJ In Ihe UK and Republic ol lthand. I"FRS 102.1 the Chanibes SORP "AccouThtlng and Reporting by Chanbe5" Siaiernent ol RecommeThJed PFa apphcable io thanls preparing ac¢IrtS in accordance whth ihe Flnancial Reporting Stsndaid appkal)k m the UK and Republic DI Ireld IFR6 7021- lelfectNe 1 January 20191. The th•iity rn a publ Berfil Enw as defmed by FRS 102 ¢harrty h•8 ik¢n •Jvantagtr of Ihe wo¥isK)n¥ th Ihe SORP fty prepare u Sttswit ot Cash Flows. Thè flnanoal 6talemrt6 are pvepared srtin9, the lun¢bonal ¢UTr¢fV ol Ihe ¢honly Monetsry 4motJnts th these fvIon¢1 stst8menl¥ a rrAded to the n8are £. The Inal111 518lwnems nave boen undel lh• 51 conventKJn The •¢countiftg pDIict¢5 are sel oul behjw 1.2 Gobng concttm Al tho Ilrne ol approwig the finantsal slalwts. Ihe Iiuthes hava a expeuamn Ihal th& has odequale iesourceg la conl>nue existènre for the foreseeab)e future Thus tha tr1$ r.nntiftii• In wlrysf goin9 ¢0r ol accoun4 in Prep•1}4 dill 1.3 Chrftbl• lund$ Uniesiiicted hmd8 are a¥WI0e fr the th¢"1)Th ot Iiu5ttsA In fwth•r8nce of Ir ch•ble ok4'e¢tiv•s. R¢slncted funds are A)jeCt to tp•cfft nb.Onl by knry• or wMtor• 18 to hm moy be uséa. The PUW15es Jrxl ug88 fyl Ihe rnStred lurth we get oul m Ihe nLes lo tre $lal8menls. Endowment iunds are ct to ope¢fft ¢OrKI5 try don¢x• Ih81 the ¢aprtal mtsst be mantalnejj by the thity 1.4 InGI)m• Inrne Is Tecogni3ed when the charty ts legaty entrtled lo il after any perfomarKe conthkns been rn. the amounts can be aSured reliabty and it B wc+jae Ihai cOme wil be recavtd. Cash donal)5 are rtrron1s w Ivcl donat)ns art recogmsed the charity has been nots"Iled ol Ihe donation unless pertormance condilions lequ1 deferr81 of the Incoffje tax Teeoverable In relalM)n tsj donat$ recei¥ed urNler Gfft AJ or dBeds ol Is rrAgnI al Ihe twne r)f the donal¢C. Legacjes are retQgnisad cn receyt or OtherwSe rf the charty has been notified ol an wnpeiMJTng trh0. the amwni Is known. aFMJ receyl i* exwi¢d. 11 arw Is not kth), Ihe legacy Is treated As conhng8nt asyet 15-
BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 A¢¢oUWrtSng polkl IContlnued} 1A E¥p•ndrtur• Eyndiluro LS iec¢gnised cKe there Is • uXMtnTWe to ttwster econorn benp.fit lo a third parly. It o probab ihal a trBnsler Gl benèlts lll b8 rgquved setljement, anij Ihe arnounl of the obligathon can be meJwJred relk4bly. Exwthture ts c188sifEd ty a¢Y The of eath activty a made up ol th8 total ol dirf£t C051s and shv4red cos15 Including siypLYt C051s Invofved ID undertBking each activrty Threcl c45ts attnbul8lAe lo activity a albxatsij tsedly lo Ihat arMty. Sh•red costs CDntribule 1¢ mwj than actvity and 5UPkM)rt costs whtch are not atirt)uiaL4e to 8 acbvrty aig app0rtjne{$ between Ihose acirvrtEs on a basi$ cOnS1ent wllh tr v8e ol reBotsr£ts Central slaff costs * Ihe bas of spenl. al depredatkJn charges are on the Fytr)n ol the asset's use. 1.6 Tanolble Ilxed a8s•ts Tangible fixed assels arè at •nd sWuenty ftrnd 4t cost ry valu•lryb. r¢t of depr'aln and any IMprneI kntses. Deprecialiun is f¢cOgnisl 50 •S to writo c41 the ¢JJ8t Of Vahth of ass¢ts les5 feSKluo1 vkn over the u8efvl hv•8 on Ihe followryj b••¢•," Frtrhdo propety Prcfj)erty Improvemert• Plant and maehir OffTh olttei Wlprnert Not depre(iated tts 20% slraWI line bass 3J3% straryhl lin8 bass 4% 10 20% Strah1 Ine bas Church trfdIng Ls fKJt d•preued kx¢•Jse li has retsrnd rf# ¥0. Th8 bn hehj plant and 1$ ¢1ewected o¥w yearn terause I Is gTarteed lof & yws lethymrs Ihe (On ol the Mankrfacring guaiafjtee. chaiity h#•a poh'cy Whe Indmdual o8etS COSlry £250 or wrt¥lffjed al ¢t 1.7 Flxod a¥spt Inv•8tments Fixed Hsset Investments are measured at trans•thM pe excluding tr8n5aclion costs, and are subsequently measured at law value ai eath reportmg dat• Changes In wdlue Jre rEcognised In nei Irthnellexpenthlu1 lty Ihe ye•r. TrnrM•cbw colts we exptyised as IrKxKred. 1J Impalrnient ol fl¥ed as8et At each reponin9 end dale. the th#rity wews Ihe carym9 •mounts rts tan9rte 4s5ets to deteNmine whelhef thefè Is any IhJl ¢hose assels have suffeted an Impalimt 10s5 Ir a)y such Indration extsts ihe iooJveFaL of the asset is esornated In order lo deiemwnt the extÈni of Ihe mpaimnl loss {If anyl. 1.9 Cash cash equtvalents Cash and cèsh equwalent5 cash In hand, deposrts 41 cal trAnks. rfher s+K)rt4emi IAukJ Inveslments wilh oryJinal malurrties af three m1$ ty Ivss. bart 08ftS. Bank erdraft$ are shown with¥n bofT(Miags In curient Iiabfdbe& -16-
BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 31 AUGUST 2025 Aceountlng pollcl•• IContinu•d} 1.10 Rotlrwnent benellts Payments lo defined c1rtY1 rewunent bertfii scknos are chty a8 an expenstt B5 Ihey lall due. The CO provlllmg tenefts Uler defined tnefii F&ns is detenwed sepwatèly each pl•n wirwj the FrfoFCd un¢1 cr8drt methcl arKI Is ba>¥¢J un aau8nJ aaw¢e. The thange nel defined habty artslrvj from emplo dunng the year is T•C0gnLd ¥ •n m0Yet c05l. The co lthrodkn. terfft thanges. setllaments &rwJ Curtaints are etsgntsed As Incurred The net tytre5t efemenl 15 Oetemined by rnultptying Ihe .tr tlpfinAd benelil Iiablity by lh• thBcounl ratc. laking Inlp account any thanges In Ihe nei defined Lwfit habilty dunro the peiiort a5 8 re8sJlt cl contrth>ution d tellefrt paymentts. TM nrf terest 4 fELrrfJni8od m K(i{eXwrturej lor thè yttar. Reme•Jwerrnt th#rwJes compnst acluanal gain5 arnl tosse5, the effed of the assel 19 and Ihtt raiurn ¢he rnt delThd berlI1kfy exduding thnounts Indutted net IniefftL These are rocts)ntsed mmedialely In her Yecogniseil 9ft$ and losses in the penod In wh¢h Ihty tyxur a1 not re¢las311ied lo Incomel lexpoThJLlurel in $thSeqel The net defined benefil Fengon as or Iiablty In the balan¢• sheel compiiges the lolal frjr èach F4an ol the eseni value of lh defined benefit utrAgatn (using a dis¢ounl rnte b•sed on Imgh quality colporate bond61. less ihe lav value of F4an assets c1 of wl?Ich the obligaiions a be 501ded directly Fair vakne rs based on market pr inlDrynation. and m the case ol quoted 5ecw1ls ts tho publryhed priu value ol a pension benefit assel Js hmrted to •w)urM thal rnjy tr rewvered etlher throuqh reduced wilnblIIoS or ¢wity¥41 1vlui1 lin tne scr In¢ome Ir¢)m don•llon• and l•gdg• Unve•trkt•d RMlrf¢t•d fund 2025 Tolal Urtrmlrttod R••trlc¢ed lund• ftinds 2024 2024 Totsl 2025 2026 2024 Donaiions arml Grants 43.515 14.L¥)O 43.515 83.493 ).442 8.925 30,442 21,925 .493 13.c0 1.515 69.493 IZ7.(XKI 39.367 11(K) 52.367 InÈtyn• Im oth•r Ir•dlng a¢llvlll Unrestrkctsd Unrpstrlcted funds nds 2025 2024 Catersnq Fncome Property tethng 11.880 154.181 11.072 145 745 Oiher tr•dm9 a(aiv4ts 166.041 156.817 17-
BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUED FOR THE YEAR ENDED 31 AUGUST 2025 Unrpstrlct•d Restrl¢ted lunds lund• Total Unrnstrlcted Restrl¢tvd lunds lunds Total 2026 2025 2024 2014 2024 Incury from Ile0 vestments Int•reJl reNable 207 17 3.539 3.249 4,703 10 3.2 4.70J 4,135 4.125 224 4.125 4,713 Expendltur• on charii•bl• a¢tl¥ltl• Charfthbkn Charttab 202S 2024 DIT•¢t costs St4ff cosls Training costs 46.6C 48.842 879 4Q.000 955 31.446 9.820 ZS,239 5,967 71 4,413 Connexffjnal lund Repairs and rerwals Inswance Heat. Iht and waler Sundnes Orfts ond thJnii¢wJTrs TePhOfie. pnnring, p)st4e and statrwy 107544 10.537 24,745 573 4,681 I.2 241.122 189,237 3har ol oupp)rt and gov•rn•n¢e c14 not• 81 Support Govemance 53.581 3.786 4,755 302,175 226. Anoly•ls ty fund LnFestricied itnds Resiritted lun¢Ys 217.720 84,455 224 799 302.175 18-
BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2025 Support Cogts allocated io acts.vit 2025 2024 •ff cost5 KlinL8tèr. tlecon¢ts and prethi B8nK ¢ttaTges and payroll ¢05ts Deveclart ol taryiwe fixéd asseii Go¥ernanct tosts 50.573 2DI 46,779 202 6,416 4,755 6,492 3.796 81.053 57.367 Charrtable acthvthl 81.053 57.367 202S 2024 Go¥•mc• costs comprh•: Logal Bnd Pfoleyslonal Intspendenl exarniners le•s 2.1 2.655 1392 2394 4.755 3788 N•t mownffit In lund8 2028 2024 Th& net mo¥emenl In luThJs sl•led after Cargin{edrtry)' ol owned lang) fyxed aJ%ets 5,418 6.492 None of the trustees (c any pu5 (Thinected wth Ihwn) recthd •ny tsi benefits from Ihe chgrTrty rlunFVJ the year. Trnn•ac0n# ¥Ath tn18• Dunno Ihé year Mr R Wyle. a trustee of the ffj¢eThd El8,8a)12024' Els.1) a lay Rlhei than in rela1n to hs [rt$ a5 a inJsie*. Employe•• Tlye a¥erwJe mwthty number ofenwbyeey durnvJ year w•5. 20 Number 2024 Nvmbef Chantable 19-
BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Employ•o• Icontlnuedl Employm•rt costs 2025 2024 S and salartes Srxwl 3eoJrtty ¢03ts H4.611 5878 4932 7.80 4717 97.181 95.421 ThP key management ihe ehaity. eomprrse Ihe trutsiees Ihe cenlr• manager Tr tolal employ bonefits ol th key of Il thty T4we £33.68212024 £31,177k 10 7•xalk Thè thanty èxryt frTrn thxatKm on •C4Mtss bo¢W al is apw l¢x <arrt•t4e pvrposts. 11 Tanglblg flx•d aart• oth Cost Al I S¢pternb¢r 3024 6,150 293.807 81,170 91,tYd5 451,k122 AI 31 2025 6,150 293,507 61170 91,095 451,922 D•preclatkon and knp•lmiént Al I SeplemLr 2024 Dep[e¢tatn chaiged in IM year 28.546 2.039 88,Xl 1,511 385.132 5,416 1,866 Al 31 August 2025 29),092 20.586 69,871 3.548 C•rrylng amount At 3 1 Atigusl 202S 6.150 3.415 21.224 61,374 At 31 Augu512024 6.150 5.281 32,624 22 736 86.791
BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 12 Flxed w•¢ Iiiv05bnfjnl Listad ImTeBtmoni¥ Cot or Valuatton Al I eptember 2tr24 AddilKsn5 V8Iu8tion ehange8 168,031 181 310 At 31 8V312025 168.502 C•vrylng aii)ount At 31 Aijgust 2025 168,502 Al 31 Awusl 224 166.031 13 O•blurn 2025 Amounts l•lllng du• wlthln y•ar. 2024 Preptyments 4j Inrcrfn? 24,194 14 Cr•dltorn: faKlng du• wbthln y••r 2025 2024 ¢ruals dekn•d m¢cne 13.255 4.068 15 Retlvem•nt b•n•ftt sch•mgs D•tlnod ¢ontrlbutl¢)n •ch•rn• Yh chanty OFef8tes a defined ronIr*yjtn pens stherne frjr all quahfyK¥J ernoyeeS. The 8¢19 ol Iht SCI111# held sePar&1Y frum Ihase ot the chanty in an Indèpendenty &JminixterwJ lund. The c4w9e b) profft In res1 ol defined st1)eS was £4.717121r24- £4.9321. 21-
BRUNSWICK METHODIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
16 Retirement boTr•fft
l¢oniinuedl
Define
BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 16 g•tIr•M• b•n¥lbl #chem• (Ltsntbnuodl Th dt8wJnt rate8 shrMn •lJove we the eqwvant sty ttseounl ralt5 vthlth, when used to dQU1 ihe luture recgvery an contributions due. woukj give same rewms as vsmg a fun AA corporate yield eur¥e lo discOw Ihe feel> plan (ffiirt>utyM. Thè amoiintg Int.Iiide<l in th8 bal3cO 8he•t Bn51n9 Vr4Y tl oblNJatths tn resp1 d def#wd benolit pjans a5 1 2026 2024 Pf•WIt value ol defined b•rffi 1.248 crt In 1,248 Movemanls In Ihe presMI ¥•lu• ol def0 bvnefrt ¢381 2026 Liabilities al I September 2024 Defiul cgntnbJlI paid R¢meaSufTrts. AmelMents io 8dthi ISL¥11 1,483 At 11 AliLv 25 12 11 Unrn•trtcl•d fvnd• The unrestrthd funds of Ihe cholty comwsr L¥¢jed balances ol donthons and granfy whth are nol subiècl to SF¢clfic condrtlOn5 by donoys and glantors a5 to they may b• used ThÈse Include des4no(J nly$ whth have ien set aBth rAJl ol unrn8lIed funds by th• ¢ru6lees for 5pecifi¢ Incomlng R•¥our¢•• rKovre• •xp8iid•d Swlembfrr 2024 G•ln• and At 31 AUgt 103ses 2026 Sal8 ol pror lunij Genal Iktrnls 3.332 15131 1217.7201 155.078 2,849 158,189 172.313 161.842 11.463) 161,842 2.737 12182331 157,927 11,1711 Prello y•ar'. Att Incornlng Resourc0• Septemb•r rnsour¢s •xpgniled 2023 Trnn•for¥ Galnl and Al 31 Augtstst losses 2024 General lund5 178.037 2C14.S50 1224,7991 161.842
BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 16 Unv•strl¢ted lunds Iconiinuedl $419 of pftjperty. Ptpceeds trtrn sale of woperty * ade ftjr 6pvullc pury)tsaes A$ IhÉFe arè no l[On3 Irnlnl lo Ihe s•1• fund the Irvslees tran51erFed tltrs fiJn¢J tv 8 de5ttJftated lund in Ihe year 17 R•strtct•d fwdj Th? reslncled luTrdJ ol Iht clity compnBo the unexpendrt of w•nis held on tr svbjecl ID Sperrf COndrtns by thnorn as to they may tse Iloveffl•nt In Ivnda al•nc• at 1¢•kn¥rt•s Tran•kn OTa 84n¢• al 2024 31 8eqtseBt and fu Misthn sa ol wopefty Arun•v4h duty lor rotved nlen Lrntening fund Boiter Fund 217 327 IS7.897 1251 151 1157.8971 iy 9.982 11) 2.168 10,0 59.493 IILKK) I23.0 159,4931 184.124 71,885 184.4871 1157.9271 18 13813 equè4t and b•ngvolwrt fund. r•rAl¥&l trc¥n Stsks Ml$lon Fund . U as a llepara bard( accou Brunsw Club lor r•llr8d rft•n . Funds sel for a wp IM proyths rel10. speaker5 ¥nd refreshrntsnt5 LIBl•nlllg rooms fvnd. Funds recewèj lUshment ot the knst¢nin9 Irjrins Boll•r lund- FuNJ5 lowards th& f#Ftsc•meni ofthvt -24-
BRUNSWICK METHODIST CHURCH NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2025 18 An•ly•ls ofn•t as9¥ts b•lmn fid5 unl•6Cted lunds 2025 Restricled funds 202S Total 2025 At 31 August 2026.. Tangible assels Invesim8n Current assetsiikab•'llliesl ProV10na and pensivns 61 374 ISB.189 112.187 11.2481 81.374 168 S02 715.487 11,240) 10,313 13.613 344 115 Unmtrlct•d lunds 2024 7ot•l fuiids 2024 2024 Al 31 Auwmt 2024.. Tangible 3ss019 IDvesth)enis Current 8sset51lhatrJ"htres) PriNvOr and pow 6.791 86,75tl 168 031 111,430 I?AAI 168.031 16.093 95.337 12861 161,842 184.124 345 938 19 Relat•d party traMactk)n• Th•re w¥re no dMthgAbl• r•lied p•rty trans•Gtwg thr¥wJ year I24. nul.