Mickleover Methodist Chureh
nnual Report And Financial Staternellts
for the year tllded
31 Augu$t 2024
Charity Number 1128907
Gharity
Gomrriission
Received

Mickleover Methodist Cbureh
AnDMal Report and Financial Statements
for the year ended 31 August 2024
Annual Report 2024
Welcome to the Annual report for 2023-24.
l am the Superintendent Minister of the D¢Tby Methodist Circuit and I have been in post since the l* of
September 2024. My role includes pastoral oversight of two ¢hurches in the Circuit, one of which is
Mickleover Methodist Church.
I can say from fjrst-hand experience that Mickleover Methodist Church is a welcomin>(T place where people
gather to worship God and also serve others in the communiry. There are many opportunities to join group5
and activities iaking place on the premises. Monthly Saturday lunches and weekly colTe¢ mornings give
opportunities to share company with others and these are very much appreKiated by those who attend.
The other organisations thai meet in Church {see final page of this report} also provide us ivith encounters in
which we can share the love of God and build relationships. It was good to host a Carol SeTvice for Cubs,
S¢ollts and Beavers in Dwember and for us to meet leaders and parents,. likewise a Christm&s service the
Girls Brigade leaders and children planned was very well attended. and this is a link that we also want to
strengthen.
We are blessed to have many volunteers who make the ministty that M'e do at Mickleover Methodist Church
possible. Paid lay ernployees do an excellent job of the children and families work (Fioni), and thurch
adJninistration (Naomi) 5UPPOrted by others within the church to cany out their roles.
Ther¢ have b¢en some financial challenge5 as outlined in the report. and a ￿ant of £10,000 from the Derby
Methodist Circuit towards mission and ministy was gratefully received.
The Pre.School 15 well attended and appreciated and there is ell￿ntlY a waiting list.
There are an incT¢ased numb¢r of hirers using the building for all manner of groups. and as such the building
is ben¢fiting hundreds of local people each weeL
W¢ look forward to what God has for us nexL not least as we seek to make our presence known to more
people who ar¢ moving into the new housing in the areA and endeavoursng to strengthen litiks with schools
and ecumenical colleagues. Another ¥041 is lo Promote our inclusiveness, one recent example of this being
our registration for same sex marriages.
Rev Tracey Harris
Superintendent Minister with pastoral charge of Mickleover Methodist ChuToh

Mickleover Methodist Church
Annual Report alld Financial Statements
for the year ended 31 August 2024
Trnstees. A￿￿U81 Report
The trustees pr¢s¢nt their report aDd fjnancial stat¢m¢nts for the year ended 31 August 2024. The financial
state￿¢￿ts have been prepared in accordance with th¢ acrounting policies set out in note I to the accounts
and comply with the Charity'5 trust dee(L the Charities Aci 2011 aDd Accounting and Reporting by Charities..
statement of recomtnended Practice applicable to charities preparing th¢ir accounts in accordance with the
FÈnancial Rew)rting Standard applicable tn th¢ UK and Republic of Ireland effeciive on l January 2019.
PUBLIC BENEFIT
The Trustees confjrnh that they have complied with their duties under Se¢tlOD 17 of the 2011 Chariti¢s A¢t
with regard to Public Benefit.
AIMS AND OWECTIVES
The purw)ses of the Methodist Church are and Shall be deemed to have b¢en sin¢¢ the Date of Union the
advancement of..
The Christian faith acwrdance with the doctrinal gtandaTds and discipline of The Methodist
Church.
Any charitable purpose for the time being of any Connexitsnal, District, Circuit, local or other
organisation of The Methodist Church.
Any chaTitsble p4]rpose for the time being of any society or institution subsidiary or ancillary to The
Methodist Church.
Any purpose for the time being of ally charity being a charity subsidiary or an¢illary to The
Methodist Church.
Our obje¢tives ar¢ in line with those of the Methodist Church which aJe-. -
Wor5hip- The Church exists to increas¢ awareness of God's presence and to c¢l¢brate
God'5 love.
Learning & Carlng- The Church exists to help people to grow and learn as Christians.
through mutuai support and care.
Service- The Church exists io be a good neighbour to people in need and to challenge
injustice.
Ev$ngelism - The Church exists to make more followers of Jesus Christ.
Our Mission #nd Our Aims
Mickleover Methi)dist Chllreh'5 mission is to develop a church family which is contitiually growing in
Christian faith, worship and outreach so that all may know the love of God through Christ.
We achieve this as we commit Ourselves to God in spiritual growth through prayer and bible reading and
stewardship Of time, talents and money.
TO BE GOD'S PEOPLEEVERYWHEREEVER YDA Y

Mickleover Methodist Church
Allnual Report alld Fillancial Statements
for the year e￿ded 31 August 2024
Our Regular ActivTrtie5
All are welcome to join iTh our activities whether ￿ernber5 of the Church or not.
When planning our activities. the Church Council and Church Stewards have considered the Charity
Commissioners guidance on public benefit and in particular, the specific guidance on charities for the
advancement of religion. Our regular charitable a¢tivilies are..
Promotion of Christiallity through diverse worship and other events for all age5.
The teaching of Christianity throuaJ sermons. courses, and small groups.
Activity and fellowship groups for our ¢hurch community.
Caring for our church members and community including visiting th¢ sick and bereav¢d.
Promotion of Christianity through the staging of ¢veDts and services for all age$
Providing a space for non-church Community activities
Supporting local UK and overseas charities
Working with other churches in Mickleover
Preschool (OFSTED registered)
Young people's activÈties including Scouts, Cubs, Beaver5 ond Girl's Brigade
Volunteers
In order for all the Chureh's activities to take place we rely on. and are indebted to, the work of everyone
who undertake these tasks voluntarily. There are appn)xim8tely 40 volunteer5 (mostly over 70 year5 of age)
Working throughout the church to ensure its activities are effectively. efficiently ond Safely.
OUR ACHIEVELIIEP4TS ON OUR PIUOIUTIES FOR 2023ll4
W¢ continue to follow our 5-year plan where we consider our prioritie5 under the Meth(￿15t Church Mission
Plan teJnplat¢ and th¢ 4 aspects of Our Callin& Worship, Learning and Caring, S¢rvi¢e and Evangelism. Our
building ha5 always b¢¢n a ¢¢ntre for both the church and th¢ wider ¢0￿Munity to Jn¢¢t. It has also b¢en a
transitional year a5 we sought to find a r¢plac¢Tn¢nt minister.
Our overnll goal for the next 5 years
For all those inside and outslde the church to grow In the love of God and show that love by servlng the
Community of Mickl¢over and beyond.
l. By offering a wide range of worshipping opportunities that attract th0￿ inside and outsid¢ the
church and help us to worship God in spirit and in truth
This is wliul we have uchieved inyear 3
Continued with our Current policy of recording nu￿berS att¢nding ¢hurch 5¢rvi¢¢s. This has given
us reliable eviden¢e for assessing a response to different initiative5 and indicates numbers attending
worship are increasing.
Continued with a pattem of worship of online and face to fate. Morning Worship and Comnkunion
continue to be available in church. and on ZlK)m for those unable to attend worship in person.
Motjthly evening communion service continues as does a monthly 'AII Age Worship..
Monthly Me55y Church for faTnilies and children continues to be a success.
We coniinue to trial cafe worship on a quarterly basis. We also have more services led by our own
local preacherthorship leaders io take responsibility for inclusive services with the younger people.
Regular bi-monthly worship forum5 are open to all to explore all fonns of worship.

Mickleover MethodÈst Chureb
Annual Report aThd Fillallcial Statements
for the year ended 31 August 2024
OfferiThg a wide range of opportunities otber than worship to help those inside and outside
grow in the lu)owledge and love of God
Trls Is whal we have llchlevedimyear 3
Supported our young people who attended a youth weekend allowing them to explore their faith.
Midiveek fellowship continues being more inclysiY¢ and subsequently numbers have increased
House and Prayer groups continue on a weekly basis to allow individuals to explore and grow in
their faith.
Bereavement Courses continue to be well attended and widely advertised to the local Community
3. Our building to beeome a thriving Christian Community so that the people of Micldeover see
the Church as a place of support, acceptanee arÉd lov¢
Thls Is what we ￿0Ve uclilevediiiyear 3
Held a church seryice which focused on our vision of becorning an Eco Church. Specifically
encouraged our young people to be actively lllvolved in thi5 project.
Volllnteers in the foyer OTr w¢¢kday mornings to welcome Preschool ehildren and carers, and those
visitirtg for other activities.
Weekly 'Little Micklers. sessions. a toddler and carers group continues as does a Small support
group for new parents and newborn babies.
"Coffee and Chat" whi¢h was foTinerly Funtime was resiarted &$ part of the Warni Welcome
Initiative
School holiday time family activities fftcluded muddy walk& picnics in the park and other activity
sessions.
Continue our commLmication with local families via our Facebook and websit¢ pages
Provide support to Preschool allowing them to maximise ihe Sessions each week to meet the
in¢rea5ed demand ft>r childcare.
4. God's peoplt to be equipped and challenged lo transform the world
This is whal we have acliieved ipiyear 3
Changed our organisational structure to re¢Nit mor¢ Steward5 with a view to proytde more effective
l¢#d¢￿hlP and to-ordinatÈon over the whole life of the Church.
Monthly Charity collections continued
Support for"Love in a box" c￿lStmaS shoe box appeal operated by Team$4U.
Easter trails around Mickleover for the young proved to be a success.
Participated in Christmas carols in the community 'Our Mickl¢over' Christmas Fair
Displayed posters and leaflets outside church and in the foyer to advertise our work within lh¢
community.
Redesigned our iYebsit¢ to make it more 8ppealints and easier to navigaie for users
The Church ivas success￿1 in f￿dltLg a new ￿￿ister from September 2024.

Mickl¢ov¢r Methodist Church
Annual Report and Financial Statements
for the year ended 31 August 2024
PIUOIUTIES FOR 202412S
Act10115 for year 4 of our 5 year plAn
Develop our worship and Learning Opportunities
Enable the young people to be part of leading church services at specific times of the Christian
Calendar.
Develop the inclusive Church theme
Develop a learning opportunity for those in Churrh
Develop our work with ihe community
Hold a celebration event for all the group5 who use our premises.
Bereavetnent course to continue and offer at least two new progr3m]nes
Create and deliver an outreach plan for the two new housing estates in Mi¢kleov¢r
BuÈld partnerships with Derby City Council's Area Co-ordinators, schools atid other groups to
initiatelsupport 4 n¢w community inÉtiative.
Getternl
Review and build the effectiveness of the governan¢e of the Church including the stewards team,
Churrh CouncTI etc_
Build better ecumenical links in Mickleoyer.
Work with the whole Church to develop a vision for "Mickleover Church in 2025" D¢velop aD
implementation plan.

Mickleover Methodist Church
Annual Report and Financial Statements
for the year ended 31 August 2024
FINANCIAL REVIEW
The year in question has seen our iThcome increase significantly over the year due to the success of the
Presehool offering increased sessions each week and running close to capacity throughout the year. We are
also indebted to our members generous giving that the (kfi¢it on rh¢ general account at the year-end (before
accounting for depreciation) was a5 exp￿ted. In addition, the increased us¢ of our pretnises by community
organisations m¢8n5 a signifEcant footfall on our Pre￿iseS and provides an increased atnount of rental
in¢om¢.
Income trends
The Statement of Financial A¢tiviti¢s shows t(Trtal incoming resources of £284.2k, a SFnall decrease of
approximately 1.8•/o on th¢ previous year. Most areas Saw a d￿rease in income CQTnpared to the previous
year although a stnall nU￿ber showed an incre2Lse. Income frotn weekly offertoiies and Gift Aid income
tgt8lled £77. Ik which equates to 27.1 % of the total income and represents a 5.9/0 decrease in personal giving
on the previous year. This due to a decrease in tnember5hip through death or people moving away. As a
Charity registered for Gift Ai¢ we received approximaiely £14.4k from the Inland Revenue for all donation5
and regular giviug tlyough the Gift Aid scheme. Income for offerings and regular giving is mainly through
onthly standllhg orders and the Weekly envelope scheme with appmximately 96.P/o of the total giyen in this
way.
The rental income of £39k was received from all sources including the hire of the church halls to various
groups and individuals in the community. This represents an increase of 8.3 /0 on the previous year. Income
from the two cottages that the Church Council manage contributed £1 1.7k of the total income from lettin￿￿ .
ExpeDdÈture trends
The greater part of the income has been used to make payment of £63.5k to the Derby Circuit for our
proportion of the Circuit Assessment. This is an increase of £4k on last year and was agreed by the Circuit to
help churches as the financial consequences of the pandemic works out. It equates to approximately 20.90/0 of
our total costs. A significant amount of the Circuit assessment IS Used to pay the District ass¢ssm¢nl,
stipends and related costs to Ministers. The other significant expenditure now relaÉe5 to the salaries (Trf the
Preschool staff. In 202Y23, the payroll costs amounted to £109.9k. The other expenditure ¢overs the running
costs of the local church and the5¢ hay¢ enabl¢d u$ to meet the financial commitments of carrying out its
charitable obj¢ctives.
There is a deficit in funds of £19.6k for the year although this does include £14.9k for depreciation of the
ortsan and other equipment. The total fund balance now stsnds at £1.895k of which £61.9k is for restricted
funds.
Fund balances
As at 31 August 2024 the net CU￿nt assets of the Church were £89.6k which is more than sutTIcient to
provide four months, cover for expenditure.
The restricted net current assets of th¢ Church at 31 August 2023 w¢r¢ £61.9k ¥iving approximately six
month's ¢ov¢r for ¢xpenditure.
Plalls for 2024125
Church f￿anCIal plans for the coming year have been prepared on the basis of an averdg¢ of the previous
three years subject to any specific anomalies within those figure5. Any specific items planned for the coming
year have also been incorpordted into the fu￿￿¢1a1 plan.

Mickleover Methodist Church
Anllual Report and Financial Statemellts
for the year ended 31 August 2024
R¢5erve$ Policy
Th¢ Church Couttcil has considered the level of re5¢rve5 which should be maintained withiti the Charity and
this will be reviewed annually. Such reserves are needed for each fund to cover working capital. the risk of
possible shortfalls in charitable incom¢ and other conling¢ncies.
The General Fund is required to Meet our contribution to the Derby Circuit for ministerial stipellds, our
current mission and outreach plan5 together with the nomial running expenses associated with the church.
Personal giving plus tax recovered from Gift Aid and income from lettings is suffjcient to meet our
contribution as our shar¢ of th¢ Circuit Assessmeni and general null)ing costs of the premise5.
It is our policy, if funds allow, ¢0 retain reserves of: _
£55k which ¢quat¢s to 4 months working capital
£3.2k for the depreciatiOD of ¢quipment over the next three years
£2.5k retained in the Legacy and Cottages Fund for special projects
£IOk to cover the shortfall in employment costs for l year for a Children & Families Worker
£14.3k for major Tepairs to the Church and two cottages owned by the Church.
£3.3k to cover any potential redundancy costs
This reserve policy will be reviewed on an annual basi&
There is a fi]rther £61.9k held in other restricted fullds ivhich will be used according to their designation.

Miekleoyer Methodist Church
Annual Rtport and Firtaneial Statements
for the year ended 31 August 2024- Continued
REFERENCE AND ADMINISTRATIVE INFORMATION
NAME OF CHARITY
Mickleover Methodist Church
CHARITY NUMBER
1128907
DATE OF REGISTRA TION
31 March 2009
PRINCIPAL OFFICE ADDRESS
Mickleover Methodist Church
Siation Road
Miekleover
Derby
DE3 9GH
Tel.- 01332 735052
EMAIL
mick.meth2@gmail.com
WEBSITE
v/ww.mickleovemiethodist.org.uk
The members of the Mickleover Methodist Church Council are the Charity Trustees. membership being
made up of ¢huteh offi¢e holders, Minister and representatives appointed at the Annual Church
Meeting.
A full list of Church Council members and key lay employees are showTr on page 9 of this report.
TREASURER
Mr Ray Forey
The Treasurer acted 18 the principal officer overseeing the day-to-day fmancial management and
accounting for the Church during the year.
4DEPENDETr4T EXAMINER
MT JaTne$ Liptrott FCA
TC Group
Chartered Accountants
Cliffe Hill House
22-26 Nottingham Road
Stapleford
Nottingham NG9 8AA
BANKERS
HSBC PIC
I St Peter's Street
Derby
DEI 2AE
C¢ntrdl Finan¢¢ Board of the Methodist Church
9 Botthill Street
London
EC2A 4PE

MÈckleover Methodist Church
Annual Report and Financial Statements
for the year ended 31 August 2024- continued
Members of the Church Council- Officers, Advisors and Lay Workers
Position
Appointed by
MinTSteTS
Rev Tracey Harris
Rev Dr. Stuart Bell
Chatrman
Chainnan
Ex-officio {from Sept 2024)
Ex-officio {until August 2024)
Marilyn Bagworth
Ray Forey
John Spray
Dot Thompson
Secretary io Church Council
Treasurer
Treasurer
Secretary to the P&storal team
Church Council
Church Council (from Sept 2024)
Chur¢h Council (until August 2024)
Church Council
Church Stewards
Marilyn Bagworth
ArLna Forey
Janet Patmore
Viv Richard
Phil Royle
John Spray
Dot Thompson
Janet Tristram
Church Steward
Church Sieward
Church Steward
Church Steward
Church Steward
Church Steward
Church Steward
Church Steward
ACM
ACM
ACM
ACM (Resigned Nov 2023)
ACM
ACM
ACM (until August 2024)
ACM
Safeguarding Officers
Meryl Spray
Michelle Woodcock
Safeguarding Officer
Safeguarding Officer
Church Council
Church Council
Other Mernbers
Peter Nelson
Aubrey Morris
Mike Bagworth
lan Clark
MaTgarei Clark
Adam McLoughlin
Pam Morgan
Margaret Vincent
Sue Atherton
Vacant
Richard Morgan
Anna Forey
Sally Levitt
Margaret Clark
Ri¢hard Morgan
Dot Thomp50n
Circuit Steward
Ex-officio (until Augllst 2024)
Circuit Steward
Ex-officio (from September 20241
Church Member
ACM*
Church Member
ACM
Church Member
ACM
Chureh Member
ACM
Churth Member
ACM (until May 2024)
Church Member
ACM
Childret] & FaTnilies Worker Management Church Council
Ecumenie21 OtTi¢er
Church Council
Health & Safrty Representative
Church Council
Vestry Team Representative
Church Council
Secretary to the Business Team
Church Counci
Preschool Management Representative
Church Council
Scout Group Representative
Church Council
Girls Brigade Representative
Church Counci
The position of Ecumenical Officer is now vacant.
*ACM- Annual Church Meeting
io

Mickleover Methodist Ch￿r¢b
Annual Report and Financial Statements
for the year ended 31 August 2024- CODtiDued
STRUCTURE, GOVERNANCE AND MANAGEMENT
GovernÉ
Document
Mickleover Methodist Church 15 a registered Charity (registered clmrity no. 1128907) and is governed by the
Deed of Union (1932) and MethodEst Church Act (19761. It is one of eighteen Methodist Churches that form
the Derby Circuit which in tum is part of the Nottingham & Derby District and is a150 accountable Éo the
Methodist Conference.
The registered Charity is a subsidiary of the Methodist Church of Great Britain (Registered Charity no.
1132208).
Or
anisational Strueture
The members of the Church Council are the Managing Trustees of the Charity and are Te5ponsible for the
aims and objectives of the organisaiion. St delegates areas of its work to the Church Stewards with the help of
the Pastornl and Business Teams. The responsibilities of these teams are=
Church Stewards - J(iini4y respon.Yible, wilh ihe minister in pasloral charge, lo give leadership co-
ordination over the whole range of¢he lrfe andaCI￿lty ofÉhe chttrck
Pastoral Team - R&fponsiblefor ondprovid&f inforina¢ioK to ike Chmrch Coiincil on all aspects of core and
well-being ofullpeople (Lrsociotediviih the ehEirch.
Business Team- RaypoF7siblefor andadvises the Chiirch CoiincTI on all mallers relating tofI￿an¢1￿I conlrol,
health andsafery a￿dprOperty iNaKagemeAt.
Eleetlon an
intment of Officers
The Church Couneil consists of the following ex-officio officers:
Two active Circuit Ministers,
The Church Stewards,
The Church Treasurer.
The Secretary of the Pastoral Team.
The Secretary of the Church Council meeting,
And one Ciwuit Steward {appointed by the Circuit).
In addition. th¢ Annual Church Meeting (ACM) appoirtts between six and fifteen members to the Council.
The Church Council Itldy appoint a maximum of fifteen ￿rther persons to ensure that all areas of the
church's life are adequately r¢pr¢s¢nt¢d and in particul￿ that, wherever possible, young people ore included
in its membership.
The Chair of the Chureh Coun¢il is appointed by the Superintendent Minister of the CircuiL and is usually
the Minister given pastoral charge of the Church.
All offJ¢e holders and members of the Church Council ar¢ appointed aT)nually, and may sC￿e for a maximum
of six years. This limit may be extended if it would otb¢nvis¢ b¢ impossible to adequately fill an essential
office. A list of members of the Church Council ts shown on page 9.

Mickleover Methodist Church
Annual Report and FiD4ncial Statements
for the year ended 31 August 2024- contin￿ed
Trustee Trainin
A range of guidance produc¢d by Methodisr Conn¢xion to support the effective running of the chur¢h and the
role of the TNstees 15 given lo the Church Trust¢es at various meetings and training sessions.
Risk Mana
emenl
The Church Council oversee5 the strdtegi¢ risk of the organisation with operational risk assessment and
management beillg delegated to the Business Team. Risk control is exercised appropriately by members of
the Business Team undertaking a forrnal r¢view of strategie and operational risks for the organisation. Risk
management is encouraged into the organisation by the Busin￿$ Team coordinating the risk reviews and
obtaining feedbaek from all users of the premises. The major risks have been identified and recorded by ihe
tnjstees with professional advice taken as required. There is a ￿gUlar annual revi¢w prore55 undertaken and
recorded.
Income and expenditure is monitored ill total and is compared with the approved annual budget on a
quanerly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves.
ardin
Every person has a valll¢ and dignity which comes directly from the ¢Teation of male and fe￿ale in God's
own image and likenes5. Christians see this potential as fulfilled by God'5 re-creation of ￿ iti Christ. Among
other things ihis implies a duty to value all people as bearing an im48¢ of God and iherefore io protect them
from hami.
Many ¢hildren and adults use the premises by attending the activities organised by the church and various
external organisations. With this in mind, Mickleover Methodist Church has adopted the M¢thodist
Connexional practice to safeguarding which outlines commitment to the following principles'.-
The care and nurture of, and respectful pastoral ministy with, all children. young people ond adults
The safeguarding and proiection of all children, young pe(>ple and adults when they are vulnerable
Th¢ establishing of safe, taring communities which proyide a loving envirorjment where there is
infonn¢d vigilance as to the dangers of abuse
We will carefully select and train all those with any responsibility withiD th¢ church, in line with
Safer Recruitment principles, including the use of crimiE￿I records disclosure5 and r¢gistration with
the relevant vetting and barrinu schemes.
We will respond without delay to eyery cotnplaint made which suggests that an adult. child or
young per50n may have been hamied. cooperating with the police and local authority in any
Investitration
We will seek to work with anyone who has suffered abus¢, developing with them an appropriate
ministy of infornied pastoral care.
We will seek to challenge any abu5¢ of power, especiAlly by anyone in a position of tN5t
We will seek to offer pastoral care and suppor¢ including supervision and referral to the proper
authorities. to any member of our church community known to have offended against a child. young
person or vulnerable adult.
tn all these principles we will follow legislation, guidance and recognised good prdctice
Our safeguarding policy is updated and approved annually and ts mat￿ged by the safeguarding
officer5 appointed by Church Council.
12

Mickleover Methodist Church
Annual Report And Financial Statements
for the year ended 31 August 2024- continued
Related
arties
The following organisations are an integrnl part of this chllrch:_
149th Derby Beaver, Cub and S¢out group (Sponsored organisation>
IO, Derby Girls Brigade Company
Mickl¢over Methodist Pre-school
Tuesday Fellowship Group
Little Micklers Childrens Group
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The TNstees are responsible for preparing the Report of the Trustees and the financial statements in
accordance with applicable law and United Kingdom Generally Accepted Accounting Practi¢e.
The law applicable to charities in England and Wales, th¢ Chariiies A¢t 2011, Charity (Aceounts and
Reports) Regulations 2008 and the provision of the frusi Deed require the Trustees to prepare financial
statements for each financial year which give a trne and fair view of the state of affairs of the Charity and of
the incoming resource5 and application of resources, in¢luding the income and expenditure of the Charity for
the financial year. In preparing those f￿anCIal statements, the Trustees are ￿qUIred to:
Select suitable accounting policies and apply them consistently;
Observe the method$ and principles in the appropriate tharities SORP.
Make judgements and ¢stimate5 that are reasonable and prndet)t.
State whether applicable accounting standards have been followed. subject to any material
d¢partures that n)ust be disclos¢d and explained in the financial statements- and
Prepare the financial statements on the going concern basis unless il is inappropriace to presume that
the Charity will continue in operation.
The Trust¢¢s are responsible for maintaining the proper aecounting records, which disclose with rea50nabl¢
accuracy at any time the financial position of the Charity and to enable them to ensur¢ that the financial
Statements comply with the Charitles Act 201 l. Th¢y are also responsible for safeguarding the assets of the
Charsty and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
This report has been prepa￿d in accordanee with the Ststement of Recommended Pra¢ti¢e,' Accounting and
Reporting by Charities.
On beliaifof the Trustees-Rev Tracey Harris
Treasurer- Ray Forey
.Dale
13

Ind¢pendent Examiner's Report to the Trusttts of
Mickleover Methodist Chureh
I report to the Trustees on my examination of the accounts of the Mickleover Methodist Church {The Trust) for
the year ended 31 August 2024.
R¢5ponsibilities and Basis of Report
As the Chariry Trustees of the Trust, you aTe responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 {'th¢ A¢t').
I report in respect of my examination of the Trust's accounts ca￿1¢d out under section 145 of the 2011 Act and
in carrying out my examination I have ft>llowed all the applicable directions given by the Charity Commission
under section 145(5Xb) of the Act.
Independent Exam5ner's Ststement
I have completed my examination. J confirm that no material rnatter5 have come to my attention in connection
with the examination giving me cause io believe that in any rnaterial Tespect.'-
Accounting records were not kept in respeci of the Trnst a$ required by section 130 of the Act: or
2. The accounts do not accord with those records- or
3. The accounts do not comply with the applscable requirements concerning the fonn and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requtrement that the a¢Gounts give a 'ttue and fair view. which is not a matter considered as part of
an ind¢pend¢nt examination.
I have no concerns and have come across no other matters in connection with the examination to which
att¢ntion should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Jame5 Liptrott FCA
TC Group
Cliffe Hill House
22-26 Nottingham Road
Stapleford
Nottingha
NG9 8AA
Date..
14

Mickleover Methodist Church
Statement of Financial Activities
For The Year Ended 31 August 2024
Totil
Funds
Total
Funds
Unrestricted
Funds
Restritted
Funds
Unrestricted Restricted
Fund5
Funds
2024
2023
Note
INCOMING RESOURCES
DonatlODS and Legacies
Chariittblt Activiti¢5
21al
21bl
21cl
21cl
84.827
44,574
3,564
1.665
2,325
137.215
87,152
181,789
84,784
47,421
3.501
139,770
88,28)
187,191
2.795
Invesimet)I In¢otn¢
Invcstmcnt Property Inu)me
2,795
11,665
TOTAL INCOMING RESOURCES
144.630
139,540
284 170
146,2¥0
143 271
289,551
EXPEP4DITURE
Expenditure on Charitable Activities
31al-3{bl
165.285
138,505
303.790
168610
135.219
303.829
TOTAL EXPENDITURK
165,285
138.505
168610
135,219
303,829
Net gains (losses) on irtvesiments
assets- unrealised
NET INCOMEIEXPENDITURE
{20,6551
1.03)
119.6201
122,330)
8,052
(14,2781
Transfer Between Funds
Net Movcmcnt in Funds
(20.6i5)
1.035
119.6201
122.3301
8,052
(14.2781
RECONCILIATION OF FUNDS
Total funds brought fo￿Ward
1.853,489
60,876
1.914,365
1.875,819
52,824
1,928,643
TOTAL fuNDS
CARIUED FORWARD
1,832.8M
61.911
1,894.745
1853,489
60,876
1.914.365
15

Mickleover Methodist Church
Balance Sheet as at JA August 2024
Note Restricted Unre5trictcd
Funds
Vunil$
2024
2023
FIXED ASSETS
Tangible Fixed Assets
Fixed Asset Investments
1,497,412 1,497,412 1,512,335
247,000
247,000
247,000
1,744 412 1744 412 1759.335
Total Fixed Assets
CURRENT ASSETS
Sundry Debtors
Investments
Cash at bank and in hand
45
71,646
26,923
57,242
8,868
20,968
128,889
27,015
111,517
Total Current Assets
187.050
182.990
CREDITORS.. Amounts
falliT)g due within one year
Sundry Creditors
3,411
(3,411)
NET CURRENT ASSETS
89,622
151533
156 830
TOTAL ASSETS LESS
CURRENT LIABILITIES
61.911
1834 034 1895,945 1,916 165
CREDITORS
Amounts falling due
after more than one year
1.200
NET ASSETS
61.911
1832,834 1,894.745 1.914 365
REPRESENTED BY FUNDS
Unrestricted funds
General
Iksignated
1.533.046 1,560,889
299,788
292,599
61,911
60,877
Restri¢ted funds
TOTAL CHARITY FUNDS
1894 745 1914 365
l. Ltr-,2S
Approved by the Church Council on ........................-........... and signed on its behalf by-
Rev Tracey Harris- Chaimian
i J.Horfi
E< -¥¢*.
Mr Ray Forey - Treasurer
Dated - S . 4-. LS
The notes on pages 16 to 22 form PaT¢ of these financlal statements
16

Mickleover Mcthodist Church
Notes to the Finanelal Statements
for the year ended 31 August 2024
I. ACCOUNTING POLICIES
Basis of Accounting
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together
with Statement of Recommended Practice.. Atcounting and Reporting by Charities preparing their accounts in
ac¢ordanc¢ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS1021, and the
Financial Reporting Standai'd applicable in the United Kingdom and Republic of Ireland (FRS102) and Charities
Act 2011. Assets and liabilities are initially recognised at historical cost or transaction value unless othetivise
stated in the relevant accounting policy note.
The ehurch con5Èitutes a public benefit entiry as defined by fRSIO2.
The Tru5t¢es' consider that there are no material uncertainties about the church's ability to continue as a going
concern.
The fmancial statements are presented in sterling (£).
Fullds
Unrestri¢ted fi￿d5 r¢pr¢sent the funds of the Church that are not subject to any restrtctions regarding their use and
are available for application on the generdl putposes of the Church. These n)ay in¢lude funds designated for a
particular purpose by th¢ Church.
The purpose of any restricted funds is noted in tbe a¢wunts.
The accounts only includ¢ transa¢tioll& assets and liabiliiies for which the Church ¢an b¢ held responsible.
Incoming Resources
Volwilary incojne andcapilfzl sources
Collections and regular giving are recognised when received by or on behalf of the Church.
Itt¢ome tax r¢¢ov¢rable on covenanted or gift aid donations is reco.unised when claimable.
Grants to the Church are accounted for when received as soon as th¢ Church is notified of its legal entitlement. the
alnount due is quantifiable and its ultimate receipt by the Church is reasonably ¢ertain.
Funds raised by social and similar eveDts are accounted for gros5.
Oiher ordinary income
Rental income from the letting of church premises is accounted for when the hiring takes place and also for two
properties oivned shown as Fixed Asset Investments.
For legacies, entitl¢rnent is taken as the earlier of..
the date on which the charity is aware that probate has been granted-
the estate has been finalised and notifi¢aiion ha5 been made by the executorfsl to the Trust that a
distribution will be made., or
when a distribution is received from the estate.
Re¢eipt of a legacy, in whole or in part, is only considered probable when the 8mollnt can be measured reliably
and the ¢harity has been notified of the executor's intention to make a distribution. Where legacies have been
notified to the Charity or the charity is aware of the grantino of probate, and the criteria for income recognition
have not been met, then the legacy is treated as a contingent asset and disclosed if material.
17

Mlckleover Methodlst Chureh
Noteg to the Flnxnelal Staternents
for the year ended 31 August 2024- tontinued
Donated Servi¢¢$ and F#cilities
Donated services and fa¢ililieg are recognised as income when the Charity has control over the item, any
condition$ 2ssoeiat¢d with th¢ donated item have been met. the receipt of economic benefit from the use by the
Charity of the item is probable and that economi¢ benefit can be measured reliably. On receipL donated services
and facilities are Te¢ognised on the basis of the value of the gift to the Charity which is the amount the charity
would have been willing to pay to obtain services or fa¢iliti¢s of equivalent economic benefit on the open market.
a corresponding amount is then recognised in expenditure in the period of re¢¢ipt, where thi5 ¢an be quantified.
Inctsmefrom ¥￿eSt￿e￿IK
Interest on funds held on deposit is included when T￿e1Vable and the amount can be measured reliably by the
charity., this is nortnally upon notification of the inter¢5t paid or payable by the batth.
ReolEsedgains ond lossÉ.¥
Realised gaitis or loss¢s are r¢cognised when investmeTrts are 501d and are calculaied as the difference betwe¢n
sales proceds and the pr¢vious year end market value.
Unreali5ed gains or losse5 are accounted for on revaluation of investsnenis at their year end ￿arket values.
Resources Expended
Expenditure is recognised on an acc]uals basis as a liability is incurred and in¢ludes V AT where appropriate,
which cannot be recovered. This is reCO￿lSed when a liability is incurred or a Constructive obligation arises that
results in th¢ payment being unavoidable.
Gtving
Ordnts and donations are accounted for when paid.
CosÉs direcifj) relaled fo ihe work of fhe church
Th¢ Church assessment is accounted for when payable and any amount unpaid at the year end is shown as a
¢r¢ditor in the Balan¢¢ Sheet or debtor should the amount be paid in advance.
Irr¢¢overable VAT
Irrecoverable VAT is charged against the expenditure heading for which it was incurred.
Fixed A55¢ts
L(¥nd ond biiildings
Land and building5 held on behalf of the Church for its own pU￿ose$ are shown at ctsst. No dcpr¢ciation is
charged on land and buildings as the residual value is believed to be higher than liistorical cost. Previously the
assets ivere held at a revalued amouni, these are now shown at C05t and thi5 has iesulted in a r¢valuation
adjustment.
EqtiipmeF71 andotherfixtur¥s ttndfiltings
Equipment Used for church purposes is d¢preciated as follows.'_
Organ- over 10 year peri
AV Equipment- over a 5 ytrar period
All other equipment- 259/0 reducing balance
lllvestments
Two properties at 34 and 30 Station Roal Mickleover, Derby- these ate not depreciated and are included at fair
value as unrestricted assets.
18

Miekleover Methodist Church
Notes to the Financial Statements
for the year ended 31 August 2024- continued
PeDSiOll costs
The church operates a defthed contribution pension scheme wiih Standard Life. Contributions payable to the
church pension scheme are cbarged in th¢ p¢riod to which they relate.
Debtors & Prepayments
Debtors includes outstanding letting invoice in August.
Creditors
Creditors includes outstanding item relating to utilities and services payable after the year end date supplied before
that date. Creditors and provisions are nornially recoonised at their settlement amount.
Finaneial Instruments
The Charity has financial assets and fmancial liabilities of a kind that qualify as basic flnancial iDstruments. Basic
fu]ancial instrllm¢nts are initia]ly reco￿lsed at transaction value and subsequently Me￿￿ted at their settlement
value.
Judgements &nd Key Source5 of Estimation Uncert&lnty
The preparation of accouDts using generally accepted accounting principles requires management to make
e5tiEnate5 and assumption5 that affect the reported amounts of assets and labilities at the date of th¢ a¢counts and
the reported amounts of Tevenues and expenses during the reporting period.
The k¢y e5timat¢s and a55UmPtions used in the Financial Statements are deiailed in the accounting policies.
Unrestricted Restricted Total Funds
Funds
Funds
2024
Total Funds
2023
2. INCOMING RESOURCES
2{a) DoR8ted In¢orne- Voluntary
Collections and regular giving
Gift Aid recoverable
Donations (National 2nd Local}
Total Donations and Legacies
60,377
14.396
10.054
84,8?7
2,325
62,702
14,i96
10.054
87,152
65,196
16,703
6,386
88.285
2.325
2(b) Cross Income from events and a¢tiviti¢$
Other Income- Internal Or(Tanisation
Fund Raising Event5
Lettings Income
Sundry and Legacy Income
136.189
1,026
136,189
3,812
26,334
138,693
3,381
2.786
15.454
44.574
137.215
181,789
187.191
2(c) Inve5trnent In¢orn¢
Bank inter¢5t
Investment Property Inconie
3.564
3,564
2,795
15.229
15.229
14,075
TOTAL INCOMING RESOURCES
144.630
39.540
284.170
289551
Lettin
income- is used solely to enhance the a¢tiviti¢s of the church and its objectives.
Trustees aggregate giving for the year toralled £24,7(M) {2023.. £27,295).
19

Miekleover Methodist Church
Notes to the Financial Statements
for the year ended 31 August 2024- continued
3. RESOURCES EXPENDED
Unre&tricted Restricted Totsl Funds
Fund5
Funds
2024
Total Fulkds
2023
31AI Glvlng
Connexiottal Funds
1.625
1.62)
1,625
1.625
1.625
3(bl Direetly rtlattd to the work of tbe Churth
Circuit Assessm¢nls
Iniemal Organisation
Insurance and Utilities
Propcrty Rxpendiiure
Otfice and other costs
Salaries
Depreciation
63,517
63,517
11,373
11,581
34,424
29,268
137,079
59.516
22,059
8,996
46.280
15,706
134.723
14.924
11.373
549
11.032
34.424
12,572
27.192
16,696
109,887
163,660
138505
302,1(A
302,204
Totol Resources Expended
165285
J38,505
303.829
Other costs include the Independent Examination fee of £795.
4. TANGIBLE FIXED ASSETS
Freehold Land
and Buildings
Equipment
Totsl
Cost
At I September 2023
Additions
At 31 August 2024
1,475,000
120,962
1,595,962
1,475,000
120 962
1595 962
Deprviation
At I September 2023
Charge foE Year
Disposa]s
At 31 August 2024
83,627
14,923
83,627
14.923
98.550
98.550
Net Book Valut
At 31 August 2023
At 31 August 2024
1,475,000
1,475,000
37,335
22,412
1,512,335
1,497,412
The freehold land and buildings comprise the land and property at Station Street, Mickleoyer.
The Church building and the cottage are currently insured for £3,555,257. A revaluation in 2017 reduced the vdue of the land
nd buildings to the original cost.
S. CREDITORS: AMOUNTS FALLING DUE A ￿ER MORE THAN ONE YEAR
2024
2023
Church of North India Partnership
1.200
1.800
The chur¢h has committed to support the training of a Presbyttr in the Church of North India. a commitment of £600
for 4 years whith started in 2013114. Repayments commenced in 2023.
20

Mickleover Methodist Church
Notes to the Fiti#n¢i#l Statesnents
for the year ended 31 August 2024- continued
6(0} Investment Properties
Two properties at Station Road, Mickleover, tkrby. DE3 9GH
Nth34
No. 36
Total
Valuation as at 24 August 2016 undertaken by Graham Penny.
142,000
105,000
247.000
The properties have not been depreciated as they are beld as inve5ttn¢nt assets.
6(b) Investments
The funds that support the various fvnds are held by TMCP in Trustee5 Interes¢ Fwjds on which interest is credited to the ac¢ounts each
month. These are regarded as medium and long term inve5tment5.
TMCP is the legal owner and Custodian TNstee of all Methodist Model Trust Property, iDcluding legacies, Endowments and
Accumulated funds. Trust Property is held for and on behalf of local M￿a8)ftg T￿￿tee$ who are responsible for the day lo day
management of ttusi property. TMCP ensure that, through providtng guidance and acting wider th¢iT direction. the Managing Trustees
comply with Charity Law and Methodist Law and policy as deiemiined by the Methodist Conference.
7. Fund Details
Key.. R- Res¢ri¢fedlrtcome Funds, UR- U￿r￿tric1edFU￿v£
Year Ended 31 August 2024
Fund
Bglante5
Brought
Forward
Fund
BAlances
CarrÈtd
Forward
Fund N¥me5
Type
Purpose Rtstrittions
Income
Expethditur¢
Tr*nsfer5
Provide outreach and mtssion
and TRaintain the building
PTQI'id¢ oulr¢¢ich to children of
Micklcover
Funds held in memory of loved
on¢5
Upkeep of ¢ottages oNTrm¢d by the
Church
Providc rclicfio ihe poor and
disadvantdged
Rclief of poverry and distr¢$5 in
th¢ poor
Providt care and 5UPPOrt io the
¢ld¢rly
support ofyoung children and
their carets
Provision of leamitt&
develepment and car¢ for
childr¢n
Provides caFC and %upport to ihe
women of the Chur¢h
Provide fellowship for th¢
community at l&r8e
Help girls become followers of
Christ
Total Funds
General Fund
1.560.889
115.552
140.658
(2,7681 1.i33,046
Children & Familics Worker
UR
14.383
21,024
6.641
L¢ga¢ie5
UR
3.373
3,01)0
13,8731
2,500
Cottagcs Fund
UR
289,226
11,665
3,603
297,288
Ext¢mal OrganisatjOll5
2,325
1325
Ben¢volent Fund
35
24
Co￿te & Chat
384
384
Little N4i¢kl¢r5
174
642
637
178
Mi¢kleover Meth Preschool
57.848
131.825
131.345
58,328
Tu¢sdaJ' Fellowship
1,965
1,073
Wesley Guild
Iolb Derby Girls Brigade
1.697
1,914.365
2.308
1,894,745
284 170
303.790
Desi
nated Fund Balance
There are two accounis set aside for specific use. these are:_
Legacies Donation
Cottages (see note 6(a))
2,500
297,288
299,788
21

Mi¢kleover Methodist Church
Notes to the Financial Statements
for the year ended 31 August 2024- continued
Y¢ar Ended 31 Amgust 2023
Fund
Balances
Brought
Forward
Fund
Balan¢e5
Carried
Forward
Fund Names
Type
Purpose and Re5triction$
Ineome
Expenditure
Transfer5
ProvTde oulrcach ènd mission
d mainiain the building
Provide outreach lo chtldrcn of
Mickl¢ov¢r
Funds held in memory of loved
oncs
Upkeep of cotLqg¢s owned by the
Church
Provide relief to the poor and
disadvantaged
Reltef of poverty and distre55
the PtsOT
Pmvide Ca￿ and 5UPPOrt to the
¢ld¢ily
Support of young chtldT¢n and
their ¢arers
Provisiort of learnin&
developm¢rtt atld car¢ for
children
Provides Carc and support to th¢
Ivomen of the Church
Provide felloivship for the
community at large
Help girls b¢¢otn¥ follower5 of
Jesus Chris¢
Total Fuud$
General Fund
1.389,115
118,013
141892
13,3471 1,560.889
Children & Families Worker
16.633
19.980
3.347
Legacies
2.745
628
3,373
Cottages Fllnd
UR
283,958
11.oos
5.737
289,226
External OrBanisations
3,501
3,501
Benevolent Fund
35
35
Coflce & Chat
268
268
Littl¢ Micklers
225
809
174
Mi¢kl¢over Meth Preschool
49.211
135,112
126,475
57,848
Tuesday Fellowship
.053
1.834
1.764
123
Wesley Guild
320
320
10 Derby Gir15 Brigade
1,748
289,5)]
2,032
303,829
.697
.914.365
1.928.643
ANALYSIS OF NET ASSETS BY Fur
Totsl
FuDds
2024
Totsl
F￿ndS
2023
Unr¢5tricted Restricted
Fund5
Year Ethd¢d 31 August 2024
Fixed Awts
Curtent AssetslLiabilitie5
Fund Balante
1.744.412
88.422
1.832,834
.744.412
150333
1.894.745
1,759,33i
155.030
1,914,36i
Ytllr Ended 31 Augtrst 2023
Total
Fllnds
Total
Fund5
2022
Unrestricted REstricted
Funds
Funds
2023
Fixed Asseis
Curreni AssetslLiabiliti¢$
Fund Balattce
.759.335
94,153
1853 488
1,759,335
155.030
1.914J65
1.767,803
60,877
60,877
1.928.643
22

Mickleover Methodist Chllreh
Note5 to the Financial Statements
ror the year ¢nded 31 August 2024- continued
9. STAFF COSTS
Total
2024
Total
2023
Wages and salaries
Pension costs
133,074
130,988
137079
IJ4 723
The average number of staff employed during the year wer¢ 10 {2023'. 9). of those 3 are within the pcnsion scheme.
No employee earned £60,000 p.a or more.
No Trustees Ichurch Coun¢il mernbeTS rKeived or is due to receive any expenses or remunerttion for the year. There are no
related party transa¢tion5 to note.
10. PENSION CONTRIBUTIONS
Mickleover Methodist Church contributes to the pension scheme an amount based on the employee's b&sic salary and ihe
employees are required to make a minimum contribution. The Contributions for the year totalled £4,005 (2023.. £3,735) and
there were no contributlODS Outstanding at the year end.
Mi¢kl¢oveT Methodi51 Church had 4 a¢live members in the pension scheme at 31 August 2024.
I I. RELATED PARTY TRANSACTIONS
This Year
Payrnents to
related party
during the year
2024
Payrnents to
related party
during the year
2023
Description
of transaetion
Name of related party
Relationship
Methodist Fund Donation
926
Flllld for Support of
Presbyters & D¢awns
Fund for Property
All We Can
Methodist Fund Donation
425
425
Methodist Fund Donation
500
500
Partner
Donation
190
LWPT
Parther
Donation
375
537
Methodist Homes
Partner
Donatio
640
621
Action for Children
Partner
Donation
265
614
Mission in Britain Fund
M¢thodi5t Fund Donation
115
12
World Mission Fund
Methodist Fund Donatio
278
356
Susannah Wesley House
Total
Methodist Fund Donation
103
25
2,816
4,206
There are no other related party transactions.
23