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2022-08-31-accounts

Trustee Report to the Charity Commission. Year 2022 - 23

Elburton Methodist Church Charity No: 1128726

Elburton Methodist Church has been actively pursuing the aims and objectives of the five year plan. This has, of course, been greatly impacted by the COVID pandemic. This year we have seen a return to activities that were lost during the pandemic. The congregation has started to grow. Interestingly, the congregation is growing among the more mature members of the community. This, I feel, needs to be celebrated and used as a missional indicator. To this end, Elburton Methodist Church Trustees decided to redirect resources to this demographic.

We have seen a change in leadership - in terms of senior steward and the stewarding team. There is a united effort to see Elburton Methodist Church become more community focused. Having said, above, about attracting the elderly within the community, we continue to enjoy and grow the Messy Church Mission and see families attending regularly each month. The Minister - Rev. Darren Middleton - has continued to develop community links with the Primary school, the Elburton residents association and played Father Christmas in the local cafe's Christmas Event and the Village Christmas Fair.

The trustees are hopeful for the future of the Church with an emphasis on community engagement.

Rev'd Darren Middleton - Chair of the Trustees

Elburton Methodist Church

Receipts and Payments - Accounts for the year ended 31 August 2022

Note
Receipts
Collections excluding Gift Aid
2
Tax recovered under Gift Aid
3
Legacies/Donations
4
Property Lettings
5
Interest and Investment Income
6
Fund Raising
7
Other receipts
8
Internal Organisations
18
Sub Total General Funds
Collections for External Organisations
9
Total Receipts
Payments
Circuit Assessment
Property Costs
Church Repairs and Maintenance
Cleaning and Hygeine
Insurance
Utilities
Administration
11
Donations-Methodist
13
Donations Others
13
Fund Raisimng
14
Publicity
Other Payments
15
Internal Organisations
18
Sub Total
Capital Expenditure
10
Collections Passed onto External Organisations
16
Total Payments
Net income(Expenditure)for year
Transfers from Internal Organisations
18
Total funds in hand at 1st September 2020
Total funds in hand at 31st August 2021
Total funds in hand at 1st September 2021
Total funds in hand at 31st August 2022
2021/22
GENERAL
RESTRICTED
TOTAL
£
£
£
2020/21
TOTAL
£
34,167.06 - 34,167.06

5,501.39 - 5,501.39
25,981.00
6,384.00
39,668.45 - 39,668.45

-
1,151.00 - 1,151.00

1,017.50 - 1,017.50

189.35 - 189.35

- - -

284.00 - 284.00

3,847.93 3,847.93
32,365.00
2,950.00
337.00
243.00
-
1,370.00
588.00
42,310.30 3,847.93 46,158.23

286.55 286.55
37,853.00
1,558.00
42,310.30 4,134.48 46,444.78
39,411.00
-
29,758.08 - 29,758.08

-

1,557.15 - 1,557.15

6,418.92 - 6,418.92

2,632.91 - 2,632.91

2,861.06 - 2,861.06
27,278.00
-
1,691.00
1,744.00
2,454.00
1,560.00
43,228.12 - 43,228.12
34,727.00
3,216.42 - 3,216.42

345.34 - 345.34

2,612.82 - 2,612.82

- - -

137.15 - 137.15

- - -

3,653.83 3,653.83
2,897.00
-
37.00
-
226.00
503.00
331.00
49,539.85 3,653.83 53,193.68

3,779.60 - 3,779.60

- 286.55 286.55
38,721.00
9,851.00
1,558.00
53,319.45 3,940.38 57,259.83
50,130.00
-
- 11,009.15 194.10 - 10,815.05
-
- 250.00 250.00 -



88,299.00 2,233.00 90,532.00
77,039.85 2,677.10 79,716.95
10,719.00
-
101,251.00
90,532.00

2

Elburton Methodist Church g 2022

Summary of Funds at 31st August 2022
General Fund
Restricted Funds
17
Internal Organisations
18
External Organisations
16
TOTAL FUNDS HELD
Summary of how funds held
Current Assets
Deposit with TMCP
Deposit Accounts
Current Accounts
Building Society
Cash in hand
TOTAL FUNDS HELD
General
£
2022
Restricted
Total
£
£
2021
Total
£
£ 77,039.85
£ -
£ -
£ -
- £ 77,039.85
£
1,171.00 £ 1,171.00
£
1,506.10 £ 1,506.10
£
£ - £ -
£
88,299.00
1,171.00
1,062.00
-
£ 77,039.85 2,677.10 £ 79,716.95
£
90,532.00
General
£
2022
Restricted
Total
£
£
2021
Total
£
£ 18,259.33
£ 2,765.26
£ 26,484.18
£ 30,702.08
£ 1,506.10
- £ 18,259.33
£
- £ 2,765.26
£
- £ 26,484.18
£
- £ 30,702.08
£
- £ 1,506.10
£
18,226.00
2,765.00
38,995.00
30,546.00
3.00
£ 79,716.95 - £ 79,716.95
£
90,532.00

3

Elburton Methodist Church

Notes to Financial Statements to 31st August 2022

These financial statements have been prepared on the historical cost receipts & payments basis of accounting. In accordance with Statement of Recommended Practice (SORP 2005) and Charities Act 2011 and the accounting regulations of the Methodist Church.

Funds

The funds held constitute: General Funds held for any purpose of the Church which are unrestricted, Restricted funds which are held for a narrower purpose. Details of restricted funds are set out in note 17

Accounting Policies

Income

Income is include in these accounts when received.

Expenditure

Expenditure is recognised when paid.

Reserves

The Church aims to keep reserves amounting to one years running costs.

2
3
4
5
Ofertory
Collections
Gift Day
Gift Aid Tax Recovered
Gift Aid
Donations
Legacies
Donations
Lettings
Room Hire
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
34,167.06 - 34,167.06
25,981.00
25,981.00
- - -
-
-
34,167.06 - 34,167.06
25,981.00 - 25,981.00
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
5,501.39 - 5,501.39
6,384.00 - 6,384.00
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
- - -
2,000.00 - 2,000.00
1,151.00 - 1,151.00
950.00 - 950.00
1,151.00 - 1,151.00
2,950.00 - 2,950.00
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
1,017.50 - 1,017.50
337.00
337.00

4

Elburton Methodist Church

Notes to Financial Statements to 31st August 2022

6
Investment Income
Skipton Building Society
Lloyds Business Bank Instant
TMCP
7
Fund Raising
Cofee Mornings
Other Events
8
Other Receipts
Photocopying
Sundry
Grants
Funeral & Weddings
Collection S Leigh
9
Collections for External Organisations
Action for Children
Nicola
Food bank
Shekinah
MCF World Mission
MIB Fund
Crumbs from the Table
Mercy Ships
Send a Cow
JaM project
JaM Project - NHS
MacMillan Cancer Support
Shelter Box
Routeway
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
155.70 - 155.70
106.00 - 106.00
0.32 - 0.32
76.00 - 76.00
33.33 - 33.33
61.00 - 61.00
189.35 - 189.35
243.00 - 243.00
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
- - -
- - -
- - -
- - -
- - -
- - -
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
- - -
35.00 - 35.00
- - -
317.00 - 317.00
- - -
- 500.00 500.00
284.00 - 284.00
423.00 - 423.00
- - -
- 95.00 95.00
284.00 - 284.00
775.00 595.00 1,370.00
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
- 196.55 196.55
- 50.00 50.00
- 90.00 90.00
- - -
- - -
- 330.00 330.00
- - -
- - -
- - -
- - -
- - -
- 182.00 182.00
- - -
- 985.00 985.00
- - -
- 11.00 11.00
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- 286.55 286.55
- 1,558.00 1,558.00

5

Elburton Methodist Church

Notes to Financial Statements to 31st August 2022

10
11
Capital Expenditure
Clavinova & Stool
New Windows & Doors
New Boiler
Air Purifer
New Cooker
Administration
Hire of Equipment
Cost of Church Services
Stationery, Printing & Copy
Telephone / Broadband
Link /Courier
Music & Licences
Organ Service
Messy Church
Sundries
Accountancy
Bank /TMCP Charges
Jam Expenses
Family Activities
Website
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
- - -
2,707.00 1,464.00 4,171.00
890.00 - 890.00
2,360.00 500.00 2,860.00
- - -
2,820.00 - 2,820.00
1,074.00
1,074.00
1,815.60
1,815.60
3,779.60 - 3,779.60
7,887.00 1,964.00 9,851.00
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
689.00 - 689.00
693.00 - 693.00
- - -
- - -
292.73 - 292.73
258.00 - 258.00
398.86 - 398.86
358.00 - 358.00
- - -
- - -
545.58 - 545.58
837.00 - 837.00
234.00 - 234.00
234.00 - 234.00
- - -
- - -
204.25 - 204.25
258.00 - 258.00
852.00 - 852.00
- - -
131.00 - 131.00
- - -
- - -
- - -
128.00 - 128.00
- - -
- - -
3,216.42 - 3,216.42
2,897.00 - 2,897.00

12 Employees

The church had no employees during the year (2021 - Nil). Total emoluments were: £Nil

13
14
Donations
Methodist Charities
Church Fund for Home Mission
Property Fund
Presbyters & Deacons
Other Charities
Fund Raising Expenses
Community Day/150th
Big Breakfast
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
345.34 - - - - - -
- - -
-
-
- - -
-
-
345.34 - - - - - -
2,612.82 - 2,612.82
- 37.00 37.00
2,612.82 - 2,612.82
- 37.00 37.00
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
- - -
- - -
- - -
- - -
- - -
- - -

6

Elburton Methodist Church

Notes to Financial Statements to 31st August 2022

15
16
Other Payments
Collection Rev S Leigh
Funeral fees paid over
Collections for External Organisations paid over
Action for Children
Nicola
Food bank
Shekinah
MCF World Mission
MIB Fund
Mercy Ships
Crumbs from the Table
Send a Cow
JaM Project
JaM Project - NHS
MacMillan Cancer Support
Shelter Box
Routeway
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
- - -
- 205.00 205.00
- - -
298.00 - 298.00
- - -
298.00 205.00 503.00
2022
2021
General
Restricted
Total
General
Restricted
Total
£
£
£
£
£
£
- 196.55 196.55
- 50.00 50.00
- 90.00 90.00
- - -
---
- 330.00 330.00
---
- - -
---
- - -
---
- 182.00 182.00
---
- 11.00 11.00
---
- 985.00 985.00
---
- - -
---
- - -
---
- - -
---
- - -
---
- - -
---
- - -
- 286.55 286.55
- 1,558.00 1,558.00
17
Balance
Balance
Restricted Funds
at 1st September 2021
Grant
Income
Gift Aid
Expenditure
Transfer to
General Funds
at 31st August 2022
Totals
Minister's
Fund
Messy
Church &
JaM
New
Keyboard
Instument
Collection
Rev S Leigh
Grant fre
doors
913.00 258.00 -
- - 1,171.00
- - -
- - -
- - -
- - -
- - -
- - -
913.00 258.00 - - - - 1,171.00
- - -
- - -
- - -
- - -
-
913.00 258.00 - - - - 1,171.00

The Minister's Fund can be used for any purpose at the discretion of the minister

7

Elburton Methodist Church Notes to Financial Statements to 31st August 2022

18 Internal Organisations Transfer to
General Closing
Restricted Funds Opening Balance Received
Paid
Funds Restricted Funds Balance
£ £
£
£ £ £
Monday Luncheon Club 46.00 1,285.00 845.72 46.00 1,285.00 845.72 - - 485.28 - - 485.28 - - 485.28
Monthly Luncheon Club - - - - - - - - -
Friday Luncheon Club - - - - - - - - - - - - - - -
MWiB/ Network 938.00 2,562.93 2,411.11 938.00 2,562.93 2,411.11 200.00 - 889.82 200.00 - 889.82 200.00 - 889.82
Men's Fellowship 47.00 - 47.00 47.00 - 47.00 - - - - - - - - -
Table Tennis - - - - - - - - - - - - - - -
Messy Church 31.00 - 350.00 31.00 - 350.00 - 450.00 131.00 - 450.00 131.00 - 450.00 131.00
Rainbow Café - - - - - - - - - - - - - - -
1,062.00 3 062.00 3,847.93 3,653.83 - 200.00 450.00 1 653.83 - 200.00 450.00 1 653.83 - 200.00 450.00 1 653.83 - 200.00 450.00 1,506.10
19 Capital Commitments
The Church has no capital commitments at the balance date (2021 - Nil)
20 Other assets and liabilities at 31 August 2022 were 2022 2021
Church building insured for 2,085,928.00 -
2 2,085,928.00 2,085,928.00
Fixtures and fittings insured for 87,148.00 -
Organ at insured value (Included in fixture and fittings
insurance) 24,999.00 -
112 112,147.00 112,147.00
Payments in advance and Debtors
Church Insurance 2,632.91 -
Trade Refuse - -
Licences 545.58 -
Photocopier Hire 54.79 -
Circuit Assessment 2,479.84 -
Lettings 1,124.00 -
6 6,837.00 3,728.00
Current Liabilities
Utilies - Gas/Electric 349.51 -
Accountants 85.20 -
Telephone / Broadband 36.55 -
Cleaning 487.34 -
South West Water 141.65 -
1 1,100.25 667.28

8

ELBURTON MEfHODISTCHURCH REPORT OFTHE INDEPENDENT EXAMINER On accounts for the year ended 31 August 2022 R•sp•rtlv• rasponifoNltl•s of trust••s •nd •ximkngr As the charltys trustees you are responslble for the preparatlon of the accounts,. you consld•r that the audit requirement ol sectlcffi 144121 of the Charltle5 Act 2011 (the 2011 Act) dis not apply. It 1$ my responslbility to examine the accounts (under sectlon 145 of the Charitle5 Act 2011 and to state on the basls of Pr￿edureS Skcifled In the Genwal Dlrettlons glv•n by th• Charity Commlssloners under sectlon 14515llbl ot the 2011 Act. and to stat• wh•th?r partl¢ul•r m•tt•rs h•v• com• to mv attentlon. B•sli of Ind•p•nd•nt •x•mlnws' r•port My ex•mlnatlon was carrled out sn accordance wlth the General Dlrecttons 8lven by the Charlty Comm5sslon•rs. An ex•mln•tlon Includes a revlew ol the account5w records kept by the charity and comparlson of the accounts wesented wlth those rncords. It also 5ndudes con$5daritlon of any unusual Items or dlsclosures in the accounts. and seeklng explanot5ons for you as trust•es concernln any such matters. The pro¢edur¢5 undertaken do not provtde all the evldence that would be requlred In an aud5t, and consequ•ntly I do not •xpr•s5 on audlt oplnlon on the view 8lven by the accounts. Ind•p•nd•nt •x•mth•r's $t•t•m•nt In connection w5th my examlnatlon, no matt•r h15 eome to my att•ntlon:. 10 whlch 8lve5 me reasonable cause to b￿l•ve that In any m•t•rlals r•sp•¢t th• r•qulrements to keep accountlry record5 In accDrdènce wlth Sectlon 130of th• 2011 Act •nd- to prepare accounts whlch accord wlth thè accountln8 rIC￿d$ and to ttjmply wlth the accountln8 roqulrem•nts of th• 2011 Act have not been met.. or to whlch, In my oplnlon, attentlon should be dr•wn In ord•r to •n•bl• • prop•r und•rst•ndln8 of the accounts to be reached. Bèst Accountanry Services IPIY 12 Colebrook Road Plymplon Plymouth PL7 4AA uthl Ltd