## **Trustees’ Annual Report 2022-23** ## 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 2022 up to the date of completion of this report were: Rev Paul Nzacahayo (Chair) Dr Janet Anderson (to Mr Peter Prescott Rev Glennys Bamford 3.3.23) Mrs Tricia Prescott Mrs Sue Lorimer Mrs Christine Pedley Mr Roy Evans Mr Tim Lorimer Mr Phil Shuttleworth Mrs Pam Wilkes Mr John Ashwood Mrs Donna Watson Mrs Janette Clough Mrs Wendy Ashwood Mrs Carol Topham Miss Stephanie Wilkes Mrs Wendy Bate Mr George Tonks Mr Edward Bridgewood Rev J Cox-Darling Mr Brian Timmis Mr Gabriel Gidi Rev M Heim ## **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 2022-23 we have supported various Methodist mission and relief charities, Christian Aid, Action for Children, The Children’s Society, Good Shepherd Services and the Ukrainian community in Wolverhampton. The church premises were used for a variety of activities during 2022-23. 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 £107,669, which was a significant reduction on the previous year. No legacies were received during the year, although the restrictions on the endowment received in 2021-22 were released, so that these funds were transferred from restricted to unrestricted funds. Reserves at the financial year end (31 August 2023) stood at £90,963 unrestricted and £12,254 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 £2,623 was received into the church’s accounts for other organisations during the year and £636 was held at 31 August 2023. Financial forecasts for the church have been prepared for the period to 31 August 2024 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. March 2024 CHURCH RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Beckmlnster Church FOR THE YEAR ENDED Thursday, 31 August 2023 Wolverham ton Clrcult Clr¢ult no. 28101 Reglstered Charfty - Charfty Reglstratlon number If not a registered charty Her maje￿,5 Revenue and Customs Glft Ald number (The HMRC number is equfvalent to a registered charity number In terms of evKl8nce of charkable slalus and may be used to give to donors or grant funders wtshing to see evNJence of the organisation's charitabk status. Methodist charrtk8s in England and wa￿ that are not registered charitEs are exceptsd from registratK)n under Slatutory Instrument 2014 No.242) 1128871 Mink8ter: Rev P Nzacah8 Church Stewards: Mr J Ashwood Mr P Shutt￿worth Mrs C Topham Treasuf8r- Mr G Tonks BeckNinster4eCeipts4nd*ay￿nls-2023.xIS lof5 ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023 Beckminster Church UN•8trlctsd RDstrlct•d T<*al$ th1• Totals last •ar SECTION A a1 RECEIPTS 82 Offèrin s and Tax recOVe￿d Bank and CFB int8rèst and Investmènt income 300 113412 a3 224 166 a4 Lettin 22 357 a5 Other receipts TOTAL RECEIPTS 89 107,056 613 107,669 la71 152,728 SECTION b1 PAYMENTS b2 Circuit ASsasS￿nt Of Share b3 Donations b4 al￿ and Maintenance utilrties Ilnsurances, water tharges, heatin htin 300 b5 b6 b7 Othèr n*nts 1.036 1,336 b8 TOTAL PAYMENTS 104,992 106,328 Ib9 116,281 SECTION C NET RECEIPTSIPAYMENTS FOR e1 a6*8 723 Total funds brought forymrd last year 101876 ¢6 Sub totsl c1+c2 103217 101 876 Transfers and ad ustn￿ntS 13.234 13.234 TOTAL FUNDS AT END OF YEAR Ic3+c41 90,963 12.254 103.217 Ic81 101,876 Ic61 SECTION D FOR INFORMAMON ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS th••• amounts are not to bg In¢lud•d in tatal rne•l m•nts fi ure• al￿Ve d1 Balance brou hl foN4ard from Last ai 558 671 d2 Offarin sIGffts- rec8Ned for extemal o an1s8t￿3nS d3 Offarfn sIG6fts assad to axtemal o anisat*)ns d4 BALANCE STILL TO BE PAID d1 +d2-d3 636 558 2ofS krrirtr-r¢¢¢ty*s-•A&pyrr*ts2023 for filu)8.xJs Beckminster ¢hLYe SECMON E surn￿ry Church sc¢xJufjls fDrthB year Ended 31 Augu512023 and Inlern81 OwaniSèt&Ths rnportln9 10 the Church ￿￿￿(11¢*￿r¢h W￿11￿0. NO￿ th8t th8 funds of Intemal OwanoatD)n ￿￿ts1 nornwly b• figstthd fvnd$ b8 thgt they (X>u￿ be usod for*ny￿t￿o0ffjt putpost. rnJ* ba to arrNe at Ibe g￿55 I￿(%]mE èxpendrtuie toiah ol tho ￿￿r¢h. If Gro8s iD(om e¥c4eds th• th￿•h￿, thgn th8 Ththod DI aG￿￿￿t￿4 ANO A DIFFEREW FORPA bb useo to ffjport tbtr accounts IMthodist wobsrtel. P￿888 Tgferio th• Guvjancg not98 trdll51Brs bÈtwÈon thè and conno(*od l Re(*yi Paywntg Open￿9 INTERIthL OAGAAISATIOIIS Ftetsp PAyTr*nts Owhig Lun¢Mon Club 39 35 Monda Fo¢u• 502 502 502 133 133 ChL*eh rak• * Br•ak 1.209 1.300 893 802 Tthll•r• 13fQU $37 537 848 846 e7 8•n*v4l•nt 214 Sub tulal of Internal gon*￿￿n$ fund$ 1.9 2,072 2,235 1,553 12 C￿Jr¢* (*al t￿1$ ¢olurnfil TOT*L ¢￿H FUND8 BY CHURCH 1Q7 66• 101.328 101876 ¢6 103 17 ¢$ 109,659 109,000 osv 104 770 Contynue on a separaie sheet noce890ry and bthg tho TOTfvL RECEIPT8 TOTAL PAYMEIIWS aECnOM F OPEMING ¢L￿ING CTrWRCH-CA¥H FUNDS HELD at31 t2Q23 Cash hand curyeniAc￿Unt 35e 8gnk D o$tt Aixount C•nb71 Fknance 8o9nl TnJstg•$ lorKbtho¢lBI Chuth PLS herfvThd$ SLB TOT￿-ChUrCh a¢t•yn¥ 101878 103 17 Total ftsnds ho￿ by Ini•mai thsin9 batynce t￿oI￿￿Maboy•)Ie12? 35 •12 TOTJL¢*SH FUNDS HELO BY ¢HUR¢A 104.11t 104.770 ECllON G At 31 August 2023 I so￿8￿￿8r2o22 OIHERfvJSET8 4nd LIABILITIES Inv8¥br•nts nrJJd• En¢o*Tr•nts 264 264 Land & 8ulbJkn gèè notè&ro InsUMD￿ 86.028 4 058 383 0thBrAS￿ts 745.768 821.100 Loan ar•nd her L￿bIth8 f4 Indu¢8 onty Fuffld8 at th• C•ntrJl Flign¢g 8oatd fs Ipdvd* onty Fund$ h¢hJ At TNg1èè* foi MètnOd*t Cnulch Putyog01 91 In#JQO anyoth4rinv*&tn*nts (not tn4 ta$h of TKKP 4¢tOungs WJd•Q 15 3of5 NameofChurth......Be¢krnlnster........... No........... Declarations and Scrutiny I confirm thatlhese Receiptand Paymentbaged ac￿Untsfofth8 yearto 31 August2023 have been prepared from the records of Ihe Church and thatlhey include all funds under the control of Ihe Church trustees. SlgnabJr&oftr&8surer............................................................ .. Date......19112r23... Name and address oftreasurer.. ..MrGTonks........................................... Postcode.. Pr•s•ntatlon to thg Church trustea8 I cnnfimi that the annual report and accounts for the year ended 31 August 2023 were presented to Ihe me8llng of the Church trustees held on 712r24. sign8￿re of the Chair of the meeting Nameofthe Chalrofthe moetlng ..RevP Nzacohayo.............................. Dats......1212124..... Independent Examln•rfs Report to the Trustees of the .Beckminstar........... ..Church Charlty Numtxtr...1128871.. Rosponslbl1l￿os and basls of reP￿t I reportlo Ihe trustees on my examination ofthe accounts ofthe Beckminster Church forlhe year ended 31 August 2023 set out on pages 110 3. As the Church's trustses, you are responslble for the preparallon of the a￿￿nts in ¥c￿rdanCe with the requirements ofthe Charllles Act 2011 ('the ACYI. I report in respect of my 8xaminallon of Iho Church's accounts carried out under section 145 oflhe Act and, in carrying out my examinaoon, I have followgd all the appllcable Directions given by the Charity Commission under section 145151{b) of the Act. delete or circle as approprf8ts 4015 Nam80fChurch.........Beckminster....................................... No.......... . Independent Examlner's Statement I havè completsd my 8xaminatson. I confimi that no material matters have come to my attention in conneclion with the examination (other than Ihat disclosed below.) which give me ¢aus& to b81ieve that in, any material respect: the accounting records wer8 not kept in accordanc* with section 130 of the Ac(. or the accounts do not accord with the accounting records. I have no concems and have come across no other matters in connection with the 8xamination to which attention should be drawn in this r8POrt in ord8rtO 8nab18 a proper understanding of Ihe accounts to be r8ach8d. I havelhave not" obtained independent verification of all investments with Ihe Trustees for Methodist Church Purposes or held in othertrusts, bank balances and fvnds atthe Central Finance Board ofthe Methodist Church which are individually in excess of£10.000 (ten thousand pounds) atthe balance sheetdate. Signatrjre of independent examiner Name oflndependent examlner .MrJ Holt................................... R818vant professional qualificat'on ofind8P8nd8nt 8xamin8r Name of fimi (where appropriate) Address Post Code Date -19112123................-......................... delete or cirde as appropriate Beckniinster-receipts-and-payments-2023 for frfing.xls 5of5 BECKMINSTER METHODIST CHURCH (Registered Charity no: 1128871) Notes to th• accounts for Ihe year ended 31$1 August 2023 Form of Accounts Receipts and payments accounts are statements that summarise the movement of cash into and out of the charity during the financial year and in this context include cash on deposit which can be readily withdrawn to pay for debts as they become due. Cash receipts from the sale of fixed assets and cash payments to acquire fixed assets are treated separately from other receipts and payments as they do not represent reSoUr￿S moving into or out of the charity Charity law requires that trustees are able to account separately for each unrestricted. endowment and restricted fund that they manage. General funds can be used for any of the church's charitable purposes. Methodist Standing Orders provide that all bequests are treated as endowment {capital) funds and give discretion to trustees to accumulate or spend income and to spend capital on a wide range of objectives in accordan￿ with specified procedures. Restricted funds are Ihose held for a specific purpose indicated by the donof or funds held on behalf of a specified internal organisation. Unrestricted funds are all other funds, comprising the general fund and any legacies on which the donor has not placed any restrlctlon. Notes to Se¢tlon A Tax recovered on freewill offerings amounted to £16,648 (2022 £12,496), of which £300 related to restricted funds for replacement of the heating system in the church hall (2022 £1,375 restricted funds) and the balance to the General Fund. Tax is usually recovered within a few weeks of each quarter end, but delayed processing by HMRC meant that tax for the quarter ended 30 June 2022 was not received until September 2022. There were no legacies received during the year. (2022 two unrestricted legacies with a total of £5,500 and an endowment with a value of £12.900 received). The restrictions on the endowment fund received in the previous year were released during the year, so that those funds are now classified as unrestricted. Restricted interest was on the restricted legacy and on funds held on behalf of the Luncheon Club and Messy Church. other receipts include Wedding & Funeral Fees Church Groups and Activities Transfer from Luncheon Club Transfer from Messy Church A3 A5 £ 2,930 £1,357 35 (restricted) 54 (restricted) Notes to Sectlon B B3 Donations are to connexional funds and charities. 85 Insurance premium was £4,583. 87 Other significant payments were.. remuneration £26,211 {of which £960 paid from Luncheon Club funds and £1,000 from unrestricted legacy funds) and general ministry costs at Beckminster {e.g.Beckoner magazine. posters, copyright licence, photocopying. outreach work) £2,334. Notes to Section C C415 Restricted Funds at the end of the year were restricted legacy (£7,904>, Gift Day (£873}, District grant (£219) and funds held for Luncheon Club (£2,264), Toddlers (£1,031) and Messy Church <£262). page6of6 Notes to Sectlon D Amounts include ￿ndS received (£nil) and paid out (£73) in respect of Churches Together in Graiseley and Penn Fields. A balance of £482 was held for CTIGPF at 31 August 2023 (2022 £555) Notes to Section E The remaining funds held by the Toddlers Group were transferred to church bank accounts in October 2023. Notes to Section G G1 In 2004, the church purchased 1200 £1 shares in Cafedired (a private company) to support Fair trade farmers. These shares are now valued at £264. G314 Values for assets are insurance values. Other assets includes £625.381 in rèsF*d of the organ. pag86of6 Name of Church ……Beckminster………………………………………… No……….. ## **Declarations and Scrutiny** I confirm that these Receipt and Payment based accounts for the year to 31 August 2023 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……19/12/23……………….. Name and address of treasurer ……Mr G Tonks……………………………………. …………………………………………………………………………………. Post Code……………… ## **Presentation to the Church trustees** I confirm that the annual report and accounts for the year ended 31 August 2023 were presented to the meeting of the Church trustees held on 7/2/24. Signature of the Chair of the meeting …………………………………………………………………… Name of the Chair of the meeting …Rev P Nzacahayo………………………… Date ……12/2/24…… ## **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 the Beckminster Church for the year ended 31 August 2023 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. * delete or circle as appropriate 4 of 5 Beckminster-IE report-2023 for filing 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: - the accounting records were not kept in accordance with section 130 of the Act; or - the accounts do not accord with the accounting records. 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 ……19/12/23…………………………………… * delete or circle as appropriate Form Review May-23 Beckminster-IE report-2023 for filing 5 of 5