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2022-08-31-accounts

Trustees’ Annual Report 2021-22 Beckminster Methodist Church

Birches Barn Road, Penn Fields, Wolverhampton WV3 7BQ Charity number 1128871

Structure and management

Beckminster Methodist Church is part of the Wolverhampton Circuit of the Methodist Church in the UK. It is established through a trust deed under the Methodist Church Act 1976 and follows the disciplines of the UK Methodist Church. The church’s governing body is the Church Council, the members of which are the trustees of the charity. Members of the Church Council must be members of the Methodist Church in the UK. Members comprise individuals who have been appointed by the Church Council to hold designated voluntary positions within Beckminster, individuals appointed by the Annual Church Meeting of members of Beckminster and three individuals appointed by the Wolverhampton Circuit. The property used by the church is held by the Trustees for Methodist Church Purposes as custodian trustees.

The trustees during the period from 1 September 2021 up to the date of completion of this report were:

Rev Paul Nzacahayo (Chair) Dr Janet Anderson Mr Peter Prescott Rev Glennys Bamford Mrs Christine Pedley Mrs Tricia Prescott Mrs Sue Lorimer Mr Phil Shuttleworth Mr Roy Evans Mr Tim Lorimer Mrs Donna Watson Mrs Pam Wilkes Mr John Ashwood Mrs Carol Topham Mrs Janette Clough Mrs Wendy Ashwood Mr George Tonks Miss Stephanie Wilkes Mrs Loraine Harris (to Mr Brian Timmis Ms Lesley Cook (to 31.8.22) 15.5.22) Rev M Heim Mr Edward Bridgewood Mrs Wendy Bate Mr Gabriel Gidi (from 1.9.22) Rev J Cox-Darling

Activities, objectives, achievements and performance

The principal objective of the church is the advancement of the Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church.

Beckminster provides a public benefit through providing public acts of Christian worship, which are open to anyone who wishes to attend and through making its facilities available to members of the community. Activities throughout the week provide Christian fellowship for the members and supporters of the church. The church also provides meeting space for a wide range of secular groups within the local community. During normal times the premises are in use throughout most of the week.

The members of the church maintain Christian witness in Wolverhampton and work with other charities, religious groups and other organisations across the local community. During 2021-22 we have supported Christian Aid, Action for Children, The Children’s Society and the Ukrainian community in Wolverhampton, as well as various Methodist mission and relief charities.

Overall use of the church premises increased during 2021-22 as groups continued to return following relaxations in restrictions due to the coronavirus pandemic. We have also continued to provide Christian fellowship on-line.

Financial review

The running costs and maintenance of the church are funded by contributions from members and other supporters, together with charges made to external groups for use of the premises.

During the year, the receipts of the church were £152,729, which included an endowment of £12,900 and two unrestricted legacies amounting to £5,500, along with £10,270 of donations (including gift aid) for restricted purposes. Payments during the year amounted to £116,281. Receipts for external use of the premises increased significantly as groups returned following coronavirus restrictions; that increased use also resulted in increases in utility costs. Reserves at the financial year end (31 August 2022) stood at £75,665 unrestricted and £26,211 restricted; the unrestricted reserves were in line with the church’s policy of retaining these reserves at least equal to 6 months of revenue expenditure. The church does not have any outstanding loans or other debts. Members of Beckminster raise money for a range of other charities and some of the funds collected are held within the church accounts until paid out to the relevant charities. The church also holds funds for Churches Together in Graisley and Penn Fields, an informal group of local churches of different denominations. A total of £1,451 was received into the church’s accounts for other organisations during the year and £558 was held at 31 August 2022.

Financial forecasts for the church have been prepared for the period to 31 August 2023 and these demonstrate that the church will remain able to meet its liabilities as they fall due. Consequently, the Trustees consider it is appropriate to use the going concern basis to prepare the church’s accounts.

2 March 2023

CHURCH RECEIPTS AND PAYMENTS ACCOUNTS

THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS

Beckminster

Church

FOR THE YEAR ENDED

31 August 2022

Circuit
Wolverhampton		 Circuit no. 28/01
Registered Charity - Charity Registration number
1128871

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:

Rev P Nzacahayo

Church Stewards:

Mr J Ashwood Mr P Shuttleworth Mrs C Topham

Treasurer: Mr G Tonks

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Church

ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2022

Beckminster

SECTION A Unrestricted
Funds
Restricted
Funds		 Unrestricted
Funds
Restricted
Funds		 £
113,412
166
21,259
17,892
Totals this
year		 £
113,412
166
21,259
17,892
Totals this
year		 Totals last
year
£ £ £ £
a1 RECEIPTS Note
a2 Offerings and Tax recovered 90,242 23,170 113,412 96,617
a3 Bank and CFB interest and
Investment income		 118 48 166 71
a4 Lettings 21,259 21,259 9,309
a5 Other receipts 12,877 5,015 17,892 7,343
a6 TOTAL RECEIPTS 124,496 28,233 **152,729 ** (a7) 113,340
SECTION B 61,038
3,376
15,819
11,274
24,774
b1 PAYMENTS
b2 Circuit Assessment or Share 61,038 61,038 64,893
b3 Donations 3,376 3,376 3,037
b4 Repairs and Maintenance 2,672 13,147 15,819 9,332
b5 Utilities (Insurances, water
charges, heating& lighting)		 11,274 11,274 8,159
b6
b7 Other payments 23,716 1,058 24,774 21,742
b8 TOTAL PAYMENTS 102,076 14,205 **116,281 ** (b9) 107,163
36,447
SECTION C
c1 NET RECEIPTS/PAYMENTS
FOR THE YEAR
(a6-b8)		 22,420 14,027 36,447 6,177
c2 Total funds brought forward from
last year		 53,245 12,184 **65,429 ** (c6) 59,252
101,876
c3 (c1+c2)
Sub total		 75,665 26,211 101,876 65,429
c4 Transfers and adjustments (c7)
c5 TOTAL FUNDS AT END OF YEAR
(c3+c4)		 75,665 26,211 **101,876 ** (c8) 65,429 (c6)
SECTION D
d £
(these amounts are not to be included in total receipts/payments figures above)
FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS		 £
d1 Balance brought forward from lastyear 671 634
d2 Offerings/Gifts - received for external organisations 1,451 1,114
d3 Offerings/Gifts - passed to external organisations 1,564 1,077
d4 BALANCE STILL TO BE PAID(d1+d2-d3) 558 671

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Beckminster

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 2022 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.

SECTION E
 Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page Please follow the Guidance Notes to complete this page
Summary of the Church accounts for the year ended 31 August 2022 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.
INTERNAL ORGANISATIONS Receipts Payments Net Receipts/
Payments		 Adjustments Opening
balances		 Closing balances
e1 Luncheon Club
Open Way
World Mission
Monday Focus
Mission in Britain
Messy Church
Take a Break
Toddlers Group
JMA
Benevolent Fund		 172 (172) (3,463) 3,670 35
e2 1 (1) 1
e3 330 330
e4 502 502
e5 268 268
e6 34 27 7 47 54
362 362 531 893
(1,032) 1,569 537
1,196 1,196
e7 214 214
e8 Sub total of Internal
Organisations funds		 2,190 1,994 196 (4,495) 6,534 (e11) 2,235 (e12)
e9 Church accounts (totals
brought forward from page 2
- totals column)		 152,729 (a7)
154,919		 (a7) **116,281 ** (b9) 36,447 (c7) **65,429 ** (c6) 101,876 (c8)
e10 TOTAL CASH FUNDS HELD
BY CHURCH		 118,275 36,643 (4,495) 71,963 (x) 104,111 (y)
Continue on a separate sheet
if necessary and bring the
totals forward		 TOTAL RECEIPTS TOTAL
PAYMENTS

SECTION F

STATEMENT OF ASSETS AND LIABILITIES

STATEMENT OF ASSETS AND LIABILITIES
CHURCH - CASH FUNDS HELD at 31 August 2022
Cash in hand
Bank Current Account
Bank Deposit Account
SUB TOTAL - Church accounts
TOTAL CASH FUNDS HELD BY CHURCH
Central Finance Board
Trustees for Methodist Church Purposes
Other funds
Total funds held by Internal Organisations (the closing
balance total from above) (e12)		 OPENING
BALANCES
693
2,221
13,060
13,958
35,497
65,429
(c6)
6,534 (e11)
71,963
(x)		 CLOSING
BALANCES
f1 Cash in hand 1,363
f2 Bank Current Account 356
f3 Bank Deposit Account 37,757
f4 Central Finance Board 13,974
f5 Trustees for Methodist Church Purposes 48,426
f6 Other funds
f7 SUB TOTAL - Church accounts 101,876 (c8)
f8 Total funds held by Internal Organisations (the closing
balance total from above) (e12)		 2,235 (e12)
f9 TOTAL CASH FUNDS HELD BY CHURCH 104,111 (y)
SECTION G
OTHER ASSETS and LIABILITIES
Other Assets
Land & Buildings (see notes re Insurance value)
Loan(s) - show amount outstandingatyear end
Other Liabilities
Investments(include Endowments)		 At
1 September 2021
264
3,323,778
672,477		 At
31 August 2022
264
3,686,028
745,768
g1 Investments(include Endowments) 264 264
g2 Land & Buildings (see notes re Insurance value) 3,323,778 3,686,028
g3 Other Assets 672,477 745,768
g4 Loan(s) - show amount outstandingatyear end
g5 Other Liabilities

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

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Name of Church ……Beckminster……………………………………………………… No………..

Declarations and Scrutiny

I confirm that these Receipt and Payment based accounts for the year to 31 August 2022 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees.

Signature of treasurer ……………………………………………………… Date……05/12/2022………………..

Name and address of treasurer …………Mr G Tonks……………………………………………

Presentation to the Church trustees

I confirm that the annual report and accounts for the year ended 31 August 2022 were presented to the meeting of the Church trustees held on 08/02/2023……………..

Signature of the Chair of the meeting ……………………………………………………………………

Name of the Chair of the meeting ……Rev P Nzacahayo………………… Date ……09/02/2023………………

Independent Examiner’s Report to the Trustees of the

………Beckminster.……………………..Church

Charity Number …1128871

Responsibilities and basis of report

I report to the trustees on my examination of the accounts of Beckminster Church for the year ended 31 August 2022 set out on pages 1 to 3. As the Church’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Church’s accounts carried out under section 145 of the Act and, in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Name of Church …………Beckminster………………………………… No ………….

Independent Examiner’s Statement

I have completed my examination. I confirm 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:

I have no concerns 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 have/have not* obtained independent verification of all investments with 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 individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.

Signature of independent examiner ………………………………………………………………….

Name of independent examiner ……………Mr J Holt

Relevant professional qualification of independent examiner ………………………………………

Name of firm (where appropriate) ………………………………………………………………………

Address ……………………………………………………………………………………………………

……………………………………………………………………………….. Post Code ………………

Date ……22/12/2022……………………………………

Sep-22

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