Trinity Methodist Churth- Reserves Policy 2024125 General & Restricted Funds. The total of the funds held is £73475 comprising £70373 with the Central Finance Board of The Methodist Church. £2952 in a current account with Lloyds Bank and £150 cash in hand. The Methodist Connexion recommends that the equivalent of approximately six month's funding is held in reserve. For 2024/25 that would be about £57(M)O. As the year progresses a reduction in reserves is anticipated due to a substantial increase in operating cost5, particularly energy costs. However. It is expected that reserves will still be above the recommended amount at the end of the church year on 31 August 2025. The restricted funds are the Benevolence and Church Project funds which total £1742. The anti-modern slavery organisation within the West Midlands. Adavu, continues a5 the project for 2024125.
Trin Methc#Yist church PAMARY OF C RCH A¢couritS AND jPllERNALORGANLT7NS SECTION E Sufflmaryol the Churth lorlhe ended 31 Au9USt 2024 Int¥ CounuvcrCh k4bry. P4Dtethalthe funds of 9nd Cx)nct DWict(tyntsaD. INTERNAL ORGANISATIOTr balK¢S Toddlers 292 Lunchety) Club 2.747 e3 MlS¥h)n In Britain e4 ¢5 c6 Sub to&1 of Intem nisabon$fufLds 4.015 3274 012 ¢hur¢h accounts Itots br(wghtforw4rylfrom ptyt 2-totsls Co1nI ti$,843 {•7 115J13 {c7) <¢61 73,475 BY CHURCH 123,858 118,587 69,966 75,237 c11e0 a sep¥te 5h¢et il nece55aryaThl lolalsforw& TOTAL RECaPTS TOTAL PAYIIENTS SECTION F STATEMENT OFASSETS AND LN OPENING CLOSING BALANCES CHURCH.CASH FUPIDS HELO at31 August 2024 Cash in 150 150 Bank Cutr&rtA¢L 5.565 952 Bank De ¥41Aunt f4 Iral Fiare Bowd 63230 70.373 TtuslEesfor Meiw61 Ghjrch PuXe$ SUB YOfAL- Churth a¢¢ow ie6 73,475 Ic81 fund¥ hehj by I[rt81 (hgarrisgtK#L (tr bd8ncetrAa trom ab) {e121 1,021 1,782 le12} TOTAL CASH FUNDS HELD BY CHURCH 69,966 75.237 SEeMoN G At 31 Auyust 2024 OTHERASSETS and UABIUTIES Inve&tsnents inLludeEthvmiis Land 8 BLrikl' 3 197 761 3 277 679 0WAs . 8nwJuniwtstsTrl5 f4 IlUde0nty Fund5 W ¥tlF Cenipl Bo¥d f5 IrldE onty Funds W atTrusteesfor MegKWJChl1th PU 91 Include alydhèr inveslmertslnolthe rash eknMlofTMCP Iriists 3r15
Name of Church ...............Trinity Methodist Church Independent Examine5 Statement I have completed my examination. I confitm 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= the accounting records were not kept in accordan with section 130 of the Act" or the accounts do not accord with the accounting records. I have no cOnmS 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 havelhave not. obtsined independent verification of all investments viith 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 individualty in excess of £10.000 (ten thousand pounds) at the balance sheet date. Signature of independent examiner Name of independent examiner Mrs Pat Chiswell Relevant professional qualification of independent examiner Name of firm (where appropriate) Address 4. Bradford Lane Belbroughton . Worcestershire delete or circle as appropriate Church-receipts-and-payments-2024 5of5