## **CHURCH RECEIPTS AND PAYMENTS ACCOUNTS** # **THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS** ## **OSWESTRY METHODIST** **Church** FOR THE YEAR ENDED ## 31 August 2025 |**Circuit**
**Circuit no.**
**Shropshire & Marches**
**Registered Charity - Charity Registration number**|118700
**03/13**| |---|---| 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:** Revd Julia Skitt **Church Stewards:** Jennifer Roberts Heather Watts Martin Bennett Mary Beaman **Treasurer:** Ian Skaife Church R and P 2015.xls 1 of 5 **OSWESTRY METHODIST** **Church** ## **ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025** **----- Start of picture text -----**
Unrestricted Restricted Totals this Totals last
SECTION A Funds Funds year year
£ £ £ £
a1 RECEIPTS Note
a2 Offerings and Tax recovered 14,181 14,181 16,631
Bank and CFB interest and
a3 Investment income 407 407 1,542
a4 Lettings 3,065 3,065 5,985
a5 Other receipts 15,755 1,267 17,022 15,903
a6 TOTAL RECEIPTS 33,408 1,267 34,675 (a7) 40,060
SECTION B
b1 PAYMENTS
b2 Circuit Assessment or Share 19,875 19,875 25,305
b3 Donations 100 100
b4 Repairs and Maintenance 3,735 3,735 10,708
Utilities (Insurances, water
b5 charges, heating & lighting) 10,642 10,642 11,400
b6 CARETAKER 5,422 5,422 5,406
b7 Other payments 422 86 508 1,222
b8 TOTAL PAYMENTS 40,195 86 40,282 (b9) 54,041
SECTION C
NET RECEIPTS/PAYMENTS
c1 FOR THE YEAR (a6-b8) (6,787) 1,180 (5,607) (13,981)
Total funds brought forward from
last year
c2 24,532 26,554 51,086 (c6) 65,067
c3 Sub total (c1+c2) 17,745 27,734 45,480 51,086
c4 Transfers and adjustments (c7)
c5 TOTAL FUNDS AT END OF YEAR (c3+c4) 17,745 27,734 45,480 (c8) 51,086 (c6)
SECTION D
FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS
d (these amounts are not to be included in total receipts/payments figures above) £ £
d1 Balance brought forward from last year
d2 Offerings/Gifts - received for external organisations 685 370
d3 Offerings/Gifts - passed to external organisations 685 370
d4 BALANCE STILL TO BE PAID (d1+d2-d3)
**----- End of picture text -----**
2 of 5 Church R and P 2015.xls OSWESTRY 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 2025 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. **----- Start of picture text -----**
Net Receipts/ Opening
INTERNAL ORGANISATIONS Receipts Payments Payments Adjustments balances Closing balances
e1 PRE-SCHOOL 127,458 122,408 5,050 (1) 76,188 81,237
e2 Womens Fellowship 102 65 37 378 415
e3 Churches Together 50 195 (145) 1,217 1,072
e4 Benevolent Fund 147 110 37 354 391
e5
e6
e7
Sub total of Internal Organisations
e8 funds 127,757 122,778 4,979 (1) 78,138 (e11) 83,116 (e12)
Church accounts (totals brought
forward from page 2 - totals
e9 column) 34,675 (a7) 40,282 (b9) (5,607) (c7) 51,086 (c6) 45,480 (c8)
TOTAL CASH FUNDS HELD BY
e10 CHURCH 162,432 163,059 (627) (1) 129,224 (x) 128,596 (y)
Continue on a separate sheet if TOTAL
necessary and bring the totals TOTAL RECEIPTS
PAYMENTS
forward
**----- End of picture text -----**
## **SECTION F** ## **STATEMENT OF ASSETS AND LIABILITIES** |f1
f2
f3
f4
f5
f6
f7
f8
f9
g1
g2
g3
g4
g5|**CHURCH - CASH FUNDS HELD at 31 August 2025**
**SECTION G**
**OTHER ASSETS and LIABILITIES**
TRUST 146
Other Assets
CONTENTS
Central Finance Board
Trustees for Methodist Church Purposes
Other funds
Other Liabilities
Total funds held by Internal Organisations (the closing
balance total from above) (e12)
Investments (include Endowments)
Bank Deposit Account
Land & Buildings (see notes re Insurance value)
**SUB TOTAL - Church accounts**
Loan(s) - show amount outstanding at year end
**TOTAL CASH FUNDS HELD BY CHURCH**
Cash in hand
Bank Current Account|**OPENING**
**BALANCES**
0
10,094
544
10,687
29,761
0
**51,086**
(c6)
**78,138** (e11)
**129,224**
(x)
At
1 September 2024
1,343
3,548,719
110,682|**CLOSING**
**BALANCES**
0
5,079
2,847
6,470
31,084
0
**45,480**
(c8)
**83,116** (e12)
**128,596**
(y)
At
31 August 2025
1,346
3,548,719
110,682| |---|---|---|---| 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 3 of 5 2015 Church R and P.xls Narm ol C1￿1¢h .... ..0g¥VESTRY METHODIST............ Declarations and Scrutlny I confimi tlwt Iho8• R•c•lpt Payrnert based *¢ounts th• Jwr to 31 Au9U•t 2025 hw• b prepared frorn the r•C￿ts olth• Church that Ilw Indud• •1 l￿d8 und•rth• cly￿￿ of th• Chwch SlgnatUTeoftrea81x•r................................ S4ll...zF406t Cod•... Pr•••nt•tlon to th• Church tru•t• l ¢tyffim Ih•tthè •nnu•l r•port and acco￿￿ for the y •nd•d 31 %>25tAW•￿lM h. pr•s•nt•d to the rfthtlng of the Church Iw•t••s hlld on ................. ShJn•lur• ollh• Ch¥k ofth• m••ting N•n• olth• Chair ollm m••tkng .14.-.J¢..K.i..l... Dat•........ Inde￿nd•nt Examln•r'• R•port to tho Tru•t••• of th• ..OSWE8TRY METHODIST........Chur¢h Ch•Ylty NthMb•r...112871XI RMpon•lbllltl•• •nO bMl• of r•port I r•port to th• trugl•eJ ￿ my •XrAn1n•l￿ of th• Kcount• ol t￿ ...O•vM8ty Method*t.... Church for th• year ended 31 August 2025 8•t out on pgge¥ . . 1 to 3.... As Ihg Chureh's trvstee$, you #re r•sP￿¥1b￿ lor th• pr•p•ratian of th• •ccount• in aCCord•n￿ wilh lh• r•wir•m•nts ol lh• Charilie8 kt 2011 I'l￿ Ad'l. l rnpNt In re8PeCt of my examlnallon ol th• Church's pKc4>unts c•rri•d under seclion 145 of t￿ Aet and. in ¢•rrylng oul my examinotion. I have folwod all the applrAble Dlreclh)ns gfv•n bythe Chwlty CommI•sV￿ und•r seL*M 14SISllbl ollm hxt. . d•l•te or •pprowlat• Nan* ofChurch......OswestyMethc#llst........................... No... .. Ind•wdwrt Exam¥ner'• Stai•m•nt I ha￿ complele(I my eX￿nin8t1￿i. l ¢(￿mi that no malerial mattern have eom• lo my attenlion in conn¢¢tw wlh the lolh8r than that disclosed belty¥'l whi¢h give m• ¢ause to btlieb* th•t in, any material Tespect: p*counting recordswere not kept in accordanee vAth seciion 130 of1￿ Act., th8 a¢￿￿nI8 do a¢¢ord Ihtr a¢ctsJnting re￿Id$. I have no ￿nc¢M5 have ¢em¢ a¢ro¥$ no oiher matler3 in connection with Ihe examinallon to ¥At¢nti¢)n b• drawn In IN$ report in (Kderlo enable 4 Un￿rntanding olth• aeeounls to r•ached. I hp¥&have not" obtained Indep￿dènt VWIfi￿tw ol all In￿StM•nts with the Trusi••s lor Whodisl Church PuryKJses or held in other tnjsts, b￿k ba1￿CeS funds at th• Central Finance Bo8fd ofth• P4leihodi$i Church which ar• indi￿dU#1fy in excess ofÈ10.000 Il•n thousand pcwnd81 at the b￿ance aheet date. Sionatur• of Inil•p•r#l•nt •x•miner ia¢EA)t4 Nam?0fkndawnd•nl•x￿1Mr ................................... . . Reknv•nt wofethl qu011f￿1th of Indynd•nl •xamln•r ....................... Nameofllrnlwh•r••pproprl•t•l .............. ............................................................,.,... dekne or circle •• •ppToprl•t• S•p22 **RESERVES POLICY** of ## **Oswestry** **Church Council** 1. **General** Funds held at Y/E 31/08/25 **£17,745** 2. **Restricted** Funds held: Women’s Fellowship £415, Churches **£110,849** Together £1,072, Benevolent Fund £391 Pre-School £81,237 and a restricted trust fund at TMCP £ 27,734 3. **Endowment** Funds held “ £ **0** 4. **Reserves policy for General Funds** We aim to keep **£16,500** in reserves to cover 6 months assessments and utility costs. **Please note that the other income includes money paid by the pre-school for the cost of utilities, caretaking, it is NOT a letting fee. For the purposes of this policy the money received is £12,000.** 5. **Policy for Restricted Funds** Monies held by the Preschool are restricted solely for the purposes of activities of the group. The Local Authority pay funds in advance for free child places, to cover staff salaries, utilities, caretaking and other resources. Monies for the quarter ended December were received in August. We need to take into account potential costs of employment such as unexpected redundancies. The Benevolent Fund is held for people in crisis as per standing orders Churches Together funds are for the local churches group. TMCP hold monies restricted under Local Proceeds 6. **Terms relating to Endowment Funds held** ## This Reserves Policy has been approved by **Oswestry Methodist Church Council at a meeting on 6[th] November 2025.** |Treasurer|Trustee| |---|---| |Full name: signed by**Ian Skaife**|Full Name signed by**Rev Julia Skitt**| |Signature|Signature|