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2023-08-31-accounts

ELBURTON METHODIST CHURCH

TRUSTEES’ ANNUAL REPORT TO THE CHARITY COMMISSION

– AUGUST 2022 AUGUST 2023

We continue to be an active church with a membership of around 70. We actively support our members with weekly Sunday worship, pastoral visiting, and groups such as Methodist Women in Britain (MWiB).

We are building our mission work within the community, though, as with many things, this is still recovering from the impact of the Covid 19 epidemic. We have a monthly Messy Church which engages local families with young children who do not regularly attend Sunday worship. We continue to offer Monday lunches to the older community. Our premises are well used by outside organisations which helps to promote our position within the village.

The current account stands at £15k approximately and the Business account at 16p. In addition, we have the Building Society account of £31k and funds held at TMCP of over £18k. Income through the weekly offering remains stable. We raise money for other charities, as well as our own funds, through after service coffee, monthly coffee morning & raffle, table top sales, ad hoc collections, and take-home collection boxes for Action for Children. We have now moved on from supporting the Beramphor hospital with our morning coffee collection and in future donations for Sunday morning coffee/tea etc will be going to Action for Children.

We have upgraded our IT and music system, for which we were blessed to receive a District grant as well as a £2k donation from a member, which reduced our outgoing considerably. The front of the hall has been decorated with a professionally painted mural which has greatly increased our visibility within the village.

Rev Darren Middleton continues to inspire us to share God’s love and message amongst our congregation and community, and our volunteers work tirelessly to keep our Church going from strength to strength.

Martha Wright

Church Secretary

On Behalf of EMCC Trustees

Elburton Methodist Church

Receipts and Payments - Accounts for the year ended 31 August 2023

Note
Receipts
Collectons excluding Gif Aid
2
Transfer from deposit account
Tax recovered under Gif Aid
3
Legacies/Donatons
4
Property Letngs
5
Interest and Investment Income
6
Fund Raising
7
Other receipts
8
Internal Organisatons
18
Sub Total General Funds
Collectons for External Organisatons
9
Total Receipts
Payments
Circuit Assessment
Property Costs
Church Repairs and Maintenance
Cleaning and Hygeine
Insurance
Utlites
2022/23
GENERAL
RESTRICTED
£
£
32,850.37 -
2,784.17
6,911.77 -
42,546.31 -
11,287.00 -
1,254.00 -
1,280.12 -
- -
6,500.00 -
-
62,867.43 -
2,212.50 -
65,079.93 -
29,758.08 -
2,818.89 -
6,216.77 -
3,002.68 -
2,858.84 -
44,655.26 -
Administraton
Donatons-Methodist
Donatons Others
Fund Raising
Publicity
Other Payments
Internal Organisatons
Sub Total
Capital Expenditure
Collectons Passed onto External Organisatons
Total Payments
Net income(Expenditure)for year
Transfers from Internal Organisatons
Total funds in hand at 31st August 2022
Elburton Methodist Church
Balance Sheet as at 31st August 2022
Summary of Funds at 31st August 2023
General Fund
Restricted Funds
17
Internal Organisatons
18
External Organisatons
16
TOTAL FUNDS HELD
11
13
13
14
15
18
10
16
18
General
£
2,585.46 -
- -
- -
- -
154.60 -
- -
-


47,395.32 -
16,782.71 -
2,212.50 -

66,390.53 -
1,310.60 -
- -
1,310.60 -
2023
Restricted
Total
£
£
-
-
£ - - £ -
- £ -
- £ -
£ - £ -
£ -
£ -
£ -
£ - - £ -
Summary of how funds held
Current Assets
Deposit with TMCP
Deposit Accounts
Current Accounts
Building Society
Cash in hand
TOTAL FUNDS HELD
General
£
2023
Restricted
Total
£
£
£ 18,793.39
£ 0.07
£ 15,669.85
£ 31,396.03
£ -
- £ 18,793.39
- £ 0.07
- £ 15,669.85
- £ 31,396.03
- £ -
£ 65,859.34 - £ 65,859.34

Elburton Methodist Church

Notes to Financial Statements to 31st August 2023

1 Basis of preparaton of fnancial statements

These financial statements have been prepared on the historical cost rece accounting. In accordance with Statement of Recommended Practice (SOR 2011 and the accounting regulations of the Methodist Church.

Funds

The funds held constitute: General Funds held for any purpose of the Chur Restricted funds which are held for a narrower purpose. Details of restrict

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
Collectons
Gif Day
GifAid Tax Recovered
Gif Aid
Donatons
Legacies
Donatons
Letngs
Room Hire
2023
General
Restricted
£
£
2023
General
Restricted
£
£
32,850.37
-
-
-
32,850.37 -
2023
General
Restricted
£
£
6,911.77 -
2023
General
Restricted
£
£
-
11,287.00
-
-
11,287.00 -
2023
General
Restricted
£
£
1,254.00 -

Elburton Methodist Church

Notes to Financial Statements to 31st August 2023

6
Investmen
General
£
Skipton Bu 693.95
Lloyds Bus 0.07
TMCP
586.10
1,280.12
7
Fund Raisi
General
£
Cofee Mo -
Other Eve -
-
8
Other Rec
General
£
Photocopy -
Sundry
-
Grants
5,500.00
Funeral & 1,000.00
6,500.00
9
Collecton
General
6
Investmen
General
£
Skipton Bu 693.95
Lloyds Bus 0.07
TMCP
586.10
1,280.12
7
Fund Raisi
General
£
Cofee Mo -
Other Eve -
-
8
Other Rec
General
£
Photocopy -
Sundry
-
Grants
5,500.00
Funeral & 1,000.00
6,500.00
9
Collecton
General
2023
Restricted
Total
£
£
- 693.95
- 0.07
- 586.10
1,280.12 - 1,280.12
2023
Restricted
Total
£
£
- -
- -
- - -
2023
Restricted
Total
£
£
- -
- -
- 5,500.00
- 1,000.00
6,500.00 - 6,500.00
2023
Restricted
Total
£ £
£
Acton for 209.80 - 209.80
Nicola- Mi 224.00 - 224.00
Food bank 559.20 - 559.20
Shekinah - - -
MCF Worl - - -
MWIB fun - - -
Alzheimer 301.00 - 301.00
Mercy Shi - - -
Send a Co - - -
JaM projec - - -
St. Lukes
205.00 - 205.00
MacMillan - - -
Shelter Bo - - -
Berampho 713.50 - 713.50
2,212.50 - 2,212.50

Elburton Methodist Church

Notes to Financial Statements to 31st August 2023

10 Capital Expenditure
New Sound Systemand Lap top
New Windows & Doors
Mural
Air Purifer
New external staircase
Sundries
New Cooker
2023
General
Restricted
£
£
11,300.54 -
- -
950.00 -
-
3,943.00
645.07
-

16,838.61 -

11 Administraton
Hire of Equipment
Cost of Church Services
Statonery, Printng & Copy
Telephone / Broadband
Link /Courier
Music & Licences
Organ Service
Messy Church
Sundries
Accountancy
Bank /TMCP Charges
Jam Expenses
Family Actvites
Website
2023
General
Restricted
£
£
- -
- -
862.18 -
426.41 -
- -
715.17 -
- -
44.97 -
- -
1,583.70 -
52.04 -
- -
- -
- -
3,684.47 -

12 Employees

The church had no employees during the year (2023 - Nil). Total emolumen

13 Donatons
Methodist Charites
Church Fund for Home Mission
Property Fund
Presbyters & Deacons
2023
General
Restricted
£
£
- -
- -
- -
- -

Elburton Methodist Church Notes to Financial Statements to 31st August 2023

14
15
16
Other Charites
- -
- -
Fund Raising Expenses
2023
General
Restricted
£
£
Community Day/150th
- -
Big Breakfast
- -
- -
Other Payments
2023
General
Restricted
£
£
- -
Funeral fees paid over
- -
- -
Collectons for External Organisa
2023
General
Restricted
£
£
Acton for Children
209.80 -
Nicola
224.00 -
Food bank
559.25-
Shekinah
--
MCF World Mission
--
MWIB Fund
--
- -
- -
2023
General
Restricted
£
£
-
-
-
-
- -
2023
General
Restricted
£
£
-
-
-
-
- -

Acton for Children
Nicola
Food bank
Shekinah
MCF World Mission
MWIB Fund
209.80 -
224.00 -
559.25-
--
--
--
Mercy Ships
Alzheimers
Send a Cow
JaM Project
St Lukes
MacMillan Cancer Support
Shelter Box
Beramphor Hospital
--
301.00-
--
--
205.00-
--
--
713.50-
2,212.55 -

17 Restricted Funds

Balance at 1st September 2023
Grant
Income
Gif Aid
Expenditure
Transfer to
General Funds
Balance at 31st August 2023
Minister's Fund
Messy Church & JaM
1,000.00 -
- -
- -
- -
1,000.00 -
- -
- -
1,000.00 -

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

Elburton Methodist Church

Notes to Financial Statements to 31st August 2023

18 Internal Organisatons

Restricted Funds
Young Wives Club
Monday Luncheon Club
MWiB/ Network
Messy Church
Opening Balance
£
0
485.77
-
-
485.77

19 Capital Commitments

The Church has no capital commitments at the balance date (2023 - Nil)

20 Other assets and liabilites at 31 August 2022 wer e
2,085,928.00

Church building insured for
Fixtures and ftngs insured for
Payments in advance and Debtors
Organ at insured value
(Included in fxture and ftngs
insurance)
87,148.00
24,999.00
Church Insurance
Trade Refuse
Licences
Photocopier Hire
Circuit Assessment
Letngs
Current Liabilites
Utlies - Gas/Electric
Accountants
Telephone / Broadband
Cleaning
Lif service
South West Water
3,100.00
-
800.00
900.00
24,197.00
-
349.52
85.20
34.94
487.34
432.00
105.00
TOTAL
£
2021/22
TOTAL
£
32,850.37

2,784.17
6,911.77
34,167.06
5,501.39
42,546.31

-
11,287.00

1,254.00

1,280.12

-

6,500.00

-
39,668.45
1,151.00
1,017.50
189.35
-
284.00
3,847.93
62,867.43

2,212.50
46,158.23
286.55
65,079.93
46,444.78
-
29,758.08

-

2,818.89

6,216.77

3,002.68

2,858.84
29,758.08
-
1,557.15
6,418.92
2,632.91
2,861.06
44,655.26
43,228.12
2,585.46 3,216.42
- -
- 2,612.82
- -
154.60 137.15
- -
- 3,653.83
47,395.32 53,193.68
16,782.71 3,779.60
2,212.50 286.55
66,390.53 57,259.83
-
- 1,310.60 - 10,815.05
- -
- 1,310.60 79,716.95

2022 Total £ -£11,259.15 £ 1,171.00 £ 1,506.10 £ - -£ 8,582.05

2022 Total £ £ 18,259.33 £ 2,765.26 £ 26,484.18 £ 30,702.08 £ 1,506.10 £ 79,716.95

ipts & payments basis of RP 2005) and Charities Act

rch which are unrestricted, ed funds are set out in note

2022
Total
General
Restricted
Total
£
£
£
£
2022
Total
General
Restricted
Total
£
£
£
£
32,850.37
34,167.06
-
-
34,167.06
-
32,850.37
34,167.06
- 34,167.06
2022
Total
General
Restricted
Total
£
£
£
£
6,911.77
5,501.39
- 5,501.39
2022
Total
General
Restricted
Total
£
£
£
£
-
-
11,287.00
1,151.00
- -
- 1,151.00
11,287.00
1,151.00
- 1,151.00
2022
Total
General
Restricted
Total
£
£
£
£
1,254.00
1,017.50
1,017.50
2022
General
Restricted
Total
£
£
£
2022
General
Restricted
Total
£
£
£
155.70
0.32
33.33
- 155.70
- 76.00
- 33.33
189.35 - 265.03
2022
General
Restricted
Total
£
£
£
-
-
- -
- -
- - -
2022
General
Restricted
Total
£
£
£
- - -
- - -
- - -
284.00 - 284.00
284.00 - 284.00

2022

General Restricted Total

£ £ £
- 196.55 196.55
- 90.00 90.00
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- 286.55 286.55
2022
Total General Restricted Total
£ £ £ £
11,300.54 - - -
- 890.00 - 890.00
950.00 - - -
- 1,074.00 1,074.00
3,943.00
645.07
- 1,815.60 1815.6
16,838.61
3,779.60
- 1,964.00
2022
Total
General
Restricted
Total
£
£
£
£
-
689.00 - 689.00
-
- - -
862.18
292.73 - 292.73
426.41
398.86 - 398.86
-
- - -
715.17
545.58 - 545.58
-
234.00 - 234.00
44.97
- - -
-
204.25 - 204.25
1,583.70
852.00
852.00
52.04
- - -
-
- - -
-
- - -
-
- - -
3,684.47
3,216.42 - 3,216.42

nts were: £Nil

2022
Total General Restricted
Total
£ £ £
£
- - 345.34 - 345.34
- - -
- - -
- - 345.34 - 345.34
-
2,612.82
- 2,612.82
-
2,612.82
- 2,612.82
2022
Total
General
Restricted
Total
£
£
£
£
-
- - -
-
- - -
-
- - -
2022
Total
General
Restricted
Total
£
£
£
£
2022
Total
General
Restricted
Total
£
£
£
£
-
-
-
-
- -
- -
-
-
- -
2022
Total
General
Restricted
Total
£
£
£
£
209.80
196.55 - 196.55
224.00
90.00 - 90.00
559.25
- - -
-
- - -
-
- - -
-
- - -
- - - -
301.00 - - -
- - - -
- - - -
205.00 - - -
- - - -
- - - -
713.50 - - -
2,212.55 286.55 - 286.55
New Keyboard Instument Minister's fund Messy Church Totals
- 913.00 258.00 1,171.00
- - - -
- - - -
- - - -
- - 913.00 258.00 1,171.00
- - - -
- - - -
-
- - 913.00 258.00 1,171.00

of the minister

Transfer to

Restricted
Closing
Received Paid General Funds Funds
Balance
£ £ £ £
£
847.97 847.97
2,769.97 2,769.97 - - 574.62
250.00 - 250.00 - -
57.60 17.50 41.10 - -
3,077.57 2,787.47 - 1,138.07 - 574.62
2023
2,085,928.00
112,147.00
2022
-
2,085,928.00
-
-
112,147.00
-
-
2,632.91
-
545.58
54.79
2,479.84
1,124.00
6,837.00
349.51
85.20
36.55
487.34
141.65
1,100.25

ELBURTON METHODIST CHURCH REPORT OF THE INDEPENDENT EXAMINER On accounts for the year ended 31 August 2023 R•5P•Ctiv• r8sponslbNltles of tYuste•s •nd •x•mln•r A5 the charity's trustees you arÈ responslble for the preparation cl the account5.' you conslde¥ that the audit requirement of section 144121 of the Charitles Act 2011 Ithe 2011 Act) does not apply. It is my responsibility to examine the accounts lunder sertion 145 of the Charities Act 2011 and to state on the basls of procedures specified in the General Directions given by the Charity Commlssloners under sectlon 14515llbl of the 2011 Act, and to state whether particular matters have Come to my attention. Ba5kn of Indwend•Nt •xamln•rs' r•port My examination was Carrled out In accordance with the General Direction5 given by the Charity Commissioners. An examlnallon includ•s • revièw of the accounting records kept by the charity and comparison Of the account5 presented wlth those records. Italso includes consideration of ary unusual Items or dlsclosures In thè accounts, and 5eeklng explanat5ons for you a5 trustees concerning any 5ueh matters. The procedures undertaken do not provideall the evldence that would be requlred In an aud5t, and consequently I do not expre55 an audit oplnlon on the vlew glven by the account5. Ind•p•nd•nt •ximln•rfi st•tèm•nt In connectlon wlth my examinatlon, no m•tt•r h•5 ccm? to my attentlon;. whlch glves me reasonjble cause to belleve that In any materlals respect the requlrements to keep accguntlng records In accordance wlth Sectlon 130 of the 2011 Act and,. to pr•p4re accounts whlch accord wlth th• •c¢ountlng r•ttds and to comply wlth the acc¢untln8 requlrements ol th• 2011 Act have not been met.. or to whlch, In my oplnion, attntlon should be drawn sn order to enable a proper under5tandln8 of the a¢¢ounts to be reached. Best Accountancy Servlces (Plymouthl Ltd 12 Colebrook Road Plympton Plymouth PL74AA