OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-08-31-accounts

SALISBURY METHODIST CHURCH

FINANCIAL STATEMENTS For the Year Ended 31 August 2022

SALISBURY METHODIST CHURCH

FINANCIAL STATEMENTS For the Year Ended 31 August 2022

Contents Page
Independent Examiner's Report 1
Treasurer'sApproval Certificate 2
Balance Sheet 3
Income and ExpenditureAccount
Income 4
Expenditure 5

SALISBURY METHODIST CHURCH

FINANCIAL STATEMENTS For the Year Ended 31 August 2022

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SALISBURY METHODIST CHURCH

This Report is on the Church Accounts for the year ended 31 August 2022

Respective responsibilities of Trustees and Examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 ofthe Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

. Examine the accounts under Section 145 of the Charities Act

: to follow the procedures laid down in the general Directions given by the Charity Commission (under Section 145(5)(b) of the Charities Act), and

: to state whether particular matters have come to my attention.

Basis of Independent Examiner’s Report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison ofthe accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts presenta ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Page 1

SALISBURY METHODIST CHURCH

FINANCIAL STATEMENTS For the Year Ended 31 August 2022

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention:

----- Start of picture text -----
(2) to which, in my opinion, attention should be drawn in order
understanding ofthe accounts to be reached. to enable a proper
| HARDY SS Date; w.\v. R092
Bower Haven me : y Nex
Mount Pleasant aaa a
Stoford
Salisbury
SP2 OPP
----- End of picture text -----

TREASURER'S APPROVAL CERTIFICATE

| approve the financial statements for the year ended 31 August 2022 and confirm that | have made available all relevant records and information for their preparation.

H J Thorne MAAT Date: 10-\4 2022 61 Lindford Road Hampton Park Salisbury SP1 3WX

Page2

SALISBURY METHODIST CHURCH

BALANCE SHEET as at 31 August 2022

2022

2021

EndowedAssets
SalisburyMethodistChurch
Premises
-atcost 1,016,279 1,016,279
EquipmentatWDOV 0 0
InvestmentProperties
~atmarketvalue
as atMarch2006
24StEdmund'sChurchStreet
Improvementsto24a
51Greencroft		 Street 290,000
64,728
210,000		 290,000
64,728
210,000
Improvementsto51 Greencroft 35,613 35,613
InvestmentProperties 1,616,620 1,616,620
~at revaluationasatAugust2022 37,626 37,586
BankBalances 1,654,246 1,654,206
CurrentAccount
Cash
Floats
CentralFinanceBoard		 Co-op 135,009
39
30
13,037		 103,658
38
30
12,983
148,115 116,709
Prepayments/Accruals
IncomeAccrued 0 0
Less: PaymentsDue 0 0
ReceivedinAdvance
DepositsHeld		 600
4,150		 -600
0
4,750 -600
1,797,611 1,770,315
Financed by:
Non-distributable Reserve 1,654,246 1,654,206
Distributable Reserves
-asat1September2021
prioryearadjustments		 General
Designated		 116,109
0		 116,109 95,419
0		 95,419
Income(Page
4)
Expenditure (Page 5)
Surplus/(Deficit)fortheperiod
Tonon-distributable(capital)
General Reserve
Designated Funds		 168,285
-141,029		 27,256
143,365
143,365		 182,671
-125,001		 57,670
~~453,089
-36,980
116,109
ae
————— —$—————

Page3

SALISBURY METHODIST CHURCH

INCOME ACCOUNT as at 31 August 2022

----- Start of picture text -----
|||||| |---|---|---|---|---| |2022|2021| |Envelopes & Standing Orders|65,570|64,528| |Gift Aid|Refund|15,043|13,906| |Cash Collections|4,537|1,615| |Sundry Donations Income|6,396|13,838| |Group Income|1,575|1,673| |Legacies and|Funeral|Gifts|12,277|36,888| |Outreach Worker Income|14,000|14,000| |Miscellaneous Income|21|0| |Service Fees|0|8)| |Newsletter Donations/Use of Photocopier|10|0| |Coffee and Lunch|1,600|0| |Room|Lettings|12,313|919| |Rent|34,010|33,546| |Feed-in Tariff income|868|1,641| |Central|Finance|Interest|54|18| |Bank Interest|0|0| |TMCP|Interest|11|99| |Total Income|168,285|182,671|

----- End of picture text -----

Page4

SALISBURY METHODIST CHURCH

EXPENDITURE ACCOUNT as at 31 August 2022

2022 2021
Church RepairsandMaintenance 4,014 2,049
PropertyRepairs24ChurchStreet&51Greencroft 8,824 9,308
Rental Commission 2,887 2,887
Rates 0 0
Assessment 60,559 59,704
WorshipExpenses 397 1,410
OutreachWorkerSalary 16,967 12,007
Outreach WorkerExpenses 201 0
OfficeAdministrator 7,967 3,092
MusicCoordinator 4,782 4,821
Caretaker 5,128 1,367
JuniorChurch/YouthClub 104 0
Heat, LightandWater 9,800 4,874
Insurance 4,845 4,397
Donations 572 0
General OfficeExpensesincludingTelephones 6,502 4,175
OfficeChurchEquipment(includingdepreciation) 967 9,484
Miscellaneous Purchases 3,778 627
GroupExpenses 1,413 0
MinibusCosts 0 0
Legal and Professional 0 0
BankCharges 0 0
Mission 947 4,800
Pastoral 68 0
Training 307 0
_141,029 ~_
125,001

Page5