2024-08-31-accounts

THE METHODIST CHURCH REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2024 WEST BRIDGFORD METHODIST CHURCH Registered Charity- Registration number: 1129000 Nottingham South Circuit No: 22/02 Minister Rev M Roberts Church Stewards Mrs KD Hobdell st Mr51 Milburn (until 31 August 20241 Mrs S Bramall Mr C Rayner Miss FV Lewin Mrj Cook Church Treasurer Mr C Morrey

WEST BRIDGFORD METHODIST CHURCH TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST2024 Introduction The Trustees present this annual report reflecting on our achievements during the year and plans for this coming year. Aims and organisation We are here to.. Increase awareness of God's presente and to celebrate God's love,. Help people to grow and learn a5 Christians, through mutual support and care,. Be a good neighbour to people in need and to challenge injustice; Make more followers of Jesus. Review ofthe year 2023-24 has been a year which has largely been about sustaining the existing work, following the new initiatives of the previous year. Sunday mornings remain the main weekly meeting of the church. Our Ministers lead worship once a month, with other services lead by preachers from the circuit or members of the congregation. We have also been able to welcome a number of guest preachers from charities we support, such as Christian aid. We continue to live stream most services, which has small but steady viewing numbers and is really appreciated by those who can't attend in person. This year we have also had a number of special services, particularly at Christmas and Easter, but also the remembering service at the end of October, where we invited all those who had had a funeral in the name of the church over the previous 2 years. Each week the church runs activities including community cafes, fellowship groups, activities for those livinE with memory loss, bible studies, prayer meetings, singing groups and activities for children and young people and toddlers and their families. Some of the groups have seen significant growth, such as Woolly Wednesdays where people can knit and crochet together. The Faith and Light groups for adults Wlth learning difficulties continue to meet monthly. The church also continues to host a wide variety of community group on its premises, and we work hard to try to ensure that the premises are safe and attractive. Many people consider this to be 'their church, even if they never attend worship on a Sunday. As part of the ongoing work of maintaining the buildings a significant project took place in the summer of 2024 in which work was done on the roofs, chimneys and brickwork of the church, in addition to the regular smaller projects that happen week by week. During the year we were delighted to receive the Silver Eco church award in recognition of the work that the church has done on environmental issues. We have built on the activities that we had completed to achieve the bronze award, for example by hosting a sustainable transport and bike repair workshop. As a church we are mindful of our responsibilities in the wider world. As well as the environmental concerns mentioned above, we continue to support many local, national and international charities and

WEST BRIDGFORD METHODIST CHURCH make regular donation5 of food and other things to the Friary drop in and the Meadows food bank, where we are one of the most significant donors. In May 2024 we once again joined in with Thy Kingdom Come, a global prayer movement, by having a series of prayer meetings where all those associated with the church were prayed for. As part of this it was a joy to meet with other churches from across West Bridgford for a special prayer event on A5cen5ion Day. During the year there were some additional pressures in respect of the ministry of the church. One of the circuit ministers unexpectedly left in July 2023 which meant additional responsibilities for the circuit ministers. We are grateful for those within the congregation who have filled some of the gaps. The church's vouth engagement worker was also on parental leave for much of the year and we are grateful for the church's family worker who took on additional responsibilities in this period. The church is reliant upon its members and friends to sustain its life. We are so grateful to those who have given to the church during the year. in time and energy and money, and to those who pray for us. Income trends Church income is primarily drawn from the Sunday collections, standing orders and Gift aid tax credit, room lettings paid by the church organisations / external users of the building and rent from the flats. Offerings and tax credits relating to the envelope scheme and the weekly collection plate were down by IO% compared to those received in the previous year but this was partially offset by higher interest receipts. The room lettings income, included within other charitable income, relates to the hire of the church, halls, and other rooms to various groups in the community. This source of income was significantly higher than last year due to increased bookings and is above its previous levels. Income from rental of the 8 flats was slightly higher than last year as occupancy levels were higher than expected. Expendlture trends The major expenditure item incurred is in relation to the assessment Paid to the Nottingham South Circuit. This amounts to 39% of our total cost from unrestricted funds. A significant amount of the Circuit assessment is used to pay the District assessment, stipends and related costs to Ministers. In addition, lay employees, salaries are paid by the circuit but recharged to the church, these accounted for 15% of total costs. The other significant expenditure items are maintenance on the church buildings and flats whith account for 27% of the total and utilities accounting for 12%. Maintenance w3s higher than in previoLJS years due to items required following the quinquennial examination whilst utilities costs also increased due to higher energy tariff. The overall result for the year was a net income position much better than budget due in the main to higher income levels from room booking5 and the flats.

WEST BRIDGFORD METHODIST CHURCH Fund balances As at 31 August 2024 The working capital fund (net current assets) of the Church were £83,210 although there is also £60,166 Iless £20,000 agreed holding amount for flats refurbishment) in the flat5 reserve which forms part of the general fund and is available for general distribution. Furthermore, a Legacy fund of £44,305 which has no restrictions placed on its utilisation is also available for distribution. The church also holds several other funds to cover specific expenditure categories with minimum holding levels agreed by the Church Council. Plans are in place over the medium term to utilise these funds for specific purposes agreed by the Church Council. Further information on these funds, transactions in year and closing balances can be found in Note 18 to the accounts. Plan5 for 2024-25 The church has prepared its financial plan on the assumption that income from giving will be broadly similar to last year with small increases in room bookings and flats income. However, there is now a backlog of maintenance to be addressed and with a 50A increase in the church's largest cost item the budget for the year has been set at a challenging breakeven sltuation. This year the Nottingham South Methodist Circuit of which West Bridgford is a part will welcome an 3dditional part time minister, to raise the number of ministers from 2 to 2.5. This is still less than 2 years ago, so we continue to seek the best way to work with fewer ordained staff. We are also conscious that some of the ways of running the church need to change to reflect life in the 21, century so will be looking at how this might be done most effectively. Our youth engagement worker returns at the end of 2024 and we will explore ways in which we can best work with families, young people and young adults. While we are expecting the work of the church to be broadly the same through the year, we are planning a range of new events at Christmas and will follow this up with an Alpha course, which is an introduction to the Christian faith, in early 2025. Flnance and Governance Basis of preparation and legal framework The Chariws annual report and accounts for the year ended 31 August 2024 have been prepared in accordance with the Charities Act 2011 and the Charities.. Statement of Recommended Practice 2015 as applicable to the Financial Reporting Standard IFRSSEI 2015. Registration Charity Number.. 1129000 Date of registration: 3rd April 2009 Main communication address.. Musters Road West Bridgford Nottingham NG2 7PQ

WEST BRIDGFORD METHODIST CHURCH The members of the West Bridgford Methodist Church Council Meeting are the Charity Trustees, membership being made up of Church office holders, Minister and representatives appointed by the Church at the Annual General Meeting, and a Circuit Steward. Full list of Church Council members and key lay employees are shown as Appendix A to this report. Treasurer.. Mr Chris Morrey Mr Morrey acted as the principal officer overseeing the day to day financial management and accounting for the church during the year. Independent examiner.. John O'Brien CA Plus Units l & 2, North West 41 Talbot Street Nottingham NGI 5GL Bankers: HSBC plc 8 Victoria Street Westminster London SWIH ONJ Investment Bankers: Central Finance Board of the Methodist Church 9 Bonhill Street London EC2A4PE Trustees for Methodist Church Purposes Central Buildings Oldham Street Manchester Ml IJQ Aims and organisation We are here to- Increase awareness of God's presence and to celebrate God's love,. Help people to grow and learn as Christians, through mutual sUPPOrt and care; Be a good neighbour to people in need and to challenge injustice,. Make more followers of Jesus. The purposes of the Methodist Church are and shall be deemed to have been since the Date of Union the advancement of..

WEST BRIDGFORD METHODIST CHURCH al The Christian faith in accordance with the doctrinal standards and discipline of The Methodist Church,. bl Any charitable purpose for the time being of any Connexional, District, Circuit, local or other organisation of The Methodist Church,. cl Any charitable purpose for the time being of any society or institution subsidiary or ancillary to The Methodist Church; dl Any purpose for the time being of any charity being a charity subsidiary or ancillary to The Methodist Church. Main activities Worshipping God through prayer, song and other acts of worship- The organisation and resourcing of regular public acts of worship open to members of the church and non-members alike,. The teaching of Christianity through sermons, courses and small groups,. The resourcing of pastoral work including visiting the sick and bereaved,. Taking religious assemblies in local schools,. Promotion of Christianity through the staging of events and services- Promotion of the whole mission of the church through activities for older people, parents and toddlers and other specific need groups,. Supporting other charities in the UK and overseas financially and with prayer. Public Benefit We confirm the trustees have had regard to the Charity Commission's guidance on public benefit. Structure, Governance and Management The governing docLJment for the church is the Deed of Union119321 and Methodist Church Act119761. Detailed governance arrangements are outlined within the Constitutional Practice and Discipline of the Methodist Church by order of the annual conference ICPDI. Day-to-day management of the church is undertaken by the Church Leadership team along with the Minister. The Trustees are appointed at the AGM of the church and by the Church Council with the Circuit appointing a Circuit Steward in an Ex Officio capacity. Ministers are appointed by the Methodist Conference. Trustee Training A range of guidance produced by Methodist Connexion to support the effective running of the church, specifically the leaflet"The Role of a Trustee in The Methodist Church, and the Charity Commission Booklet "The Essential Trustee" is provided to new Trustees as induction to their role as Trustees. Related Parties The church is part of the Nottingham South Circuit which is part of the Nottingham and Derby District and is also accountable to the Methodist Conference. The Internal Organisations linked to the church are,. Sunday Morning Coffee and the Fairtrade Stall.

WEST BRIDGFORD METHODIST CHURCH Risk Management The major risks relating to property matters have been identified and recorded by the Trustees with professional advice taken as required. There is a regular annual review process undertaken and recorded. The church and its buildings are insured with Methodist Insurance who undertake periodic survey5, an output of such is a risk management report. The latest survey took place in November 2022 and the risk management report was acted upon. Income and expenditure is being monitored in total and is compared with the approved annual budget on a half yearly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves. Furthermore, a three year forward look is prepared and will be reviewed annually by the Church Council, this IS a key part of the church's financial strategy in managing the financial risk. Safeguardlng Every person has a value and dignity which comes directly from the creation of male and female in God's own image and likeness. Christians see this potential as fulfilled by God's re-creation of us in Christ. AmonE other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm. Methodist Connexional practice outlines commitment to the followinE principles.. The care and nurture of, and respectful pastoral ministry with, all children, young people and adults,. The safeguarding and protection of all children, young people and adults when they are vulnerable,. The establishing of safe, caring communities which provide a loving environment where there is informed vigilance as to the dangers of abuse,. We will carefully select and train all those with any responsibility within the Church, in line with Safer Recruitment principles, including the use of criminal records disclosures and registration with the relevant vetting and barring schemes,. We will respond without delay to every complaint made which suggests that an adult, child or young person may have been harmed, cooperating with the polite and local authority in any investigation- We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care. We will seek to challenge any abuse of power, especially by anyone in a position of trust- We will seek to offer pastoral care and support, 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., In all these principles we will follow legislation, guidance and recognised good practice. The West Bridgford Methodist Church commits itself to ensuring the implementation of Connexional Safeguarding Policy- government legislation, guidance and safe practice in the circuit and in the churches.

WEST BRIDGFORD METHODIST CHURCH The West Bridgford Methodist Church commits itself to the provision of support, advice and training for lay and ordained people that will ensure people are clear and confident about their roles and responsibilities in safeguarding and promoting the welfare of children and adults who may be vulnerable. ReseNe5 Policy Unrestricted Funds General Fund: Bal.. £83,210 Target level £65,000 The aim is to hold a minimum sum equivalent to £65k or roughly 6 months, average expenditure. The current level is above this following last years results. No change is expected for 2024-25 with a break-even position being budgeted for. General Fund: Flats: Bal.. £60,166 Target £20,000 Two former manses now comprise 8 flats producing around £40,000 of gross rental per annum. A target level of £20,000 is considered adequate to meet normal annual overheads including refurbishment needs. The present balance is above target level due to high occupancy levels Eenerating increased rental income, however, an on-going programme of refurbishment is in place and the general fund above will be making significant calls on this reserve in future years. After funding these activities, any surplus will then be deployed to top up the Property Fund which is unlikely to be sufficient for on-going maintenance work. Legacy Fund: Bal.. £44,305 No target level set This unrestricted fund arises from bequests made to the church with no conditions attached as to how the Church Council can utilise the monies. A target level is not considered appropriate for this Fund. Designated Fund.. Property.. Bal.. £35,000 Target level £35,000 The church and schoolroom buildings are substantial, and this designated fund was established to meet any major periodit expenditure, which cannot be met from the annual repairs/maintenance budget. During the year no expenditure was incurred. Restricted Funds For transparency and information only, we also hold 2 small Restricted Funds.. Youth Worker: Bal.. £16,515 No target level set Benevolent: Bal.. £5￿ Target £500

WEST BRIDGFORD METHODIST CHURCH Approval The Trustees, Annual Report was approved by the West Bridgford Church Council on the 19, March 2025 and signed on its behalf by.. Signature.. Name.. Rev M Roberts Ms Fiona Lewin Position: Chair of the meetinE Secretary Date.. 19, March 2025

WEST BRIDGFORD METHODIST CHURCH Appendix A CHURCH COUNCIL MEMBERSHIP & KEY LAY WORKERS MINISTER Rev M Roberts LAY WORKERS Mrs H Roberts Mrs l Everett Mrs A Kilshaw CHURCH STEWARDS Mrs KD Hobdell Mrs l Milburn (until 31 August 20241 Mrs S Bramall Mr C Rayner Ms FV Lewin Mrj Cook CHURCH SAFEGUARDING CO-ORDINATOR MrsYK Ng CHURCH REPRESENTATIVES IOTHER MEMBERS OFTHE CHURCH COUNCIL) Mr A Harris MrsG Cook Ms C Detain Mr M Hodgkins Mrj Heard Mrs ME Heard Miss J Lingard Mr C Morrey Mrs S Morrey Mrs A Nicholson Mr S Nicholson Mrs l Rayner Mrs Mcsiefken Mrs M Thurston Mr JH Thurston Mr M Blackburn Ms B Siefken CIRCUIT STEWARD REPRESENTATIVE Mr P Johns

WEST BRIDGFORD METHODIST CHURCH Independent examiner's report to the trustees of West Bridgford Methodist Church for the year ended 31 August 2024 I report to the trustees on my examination of the accounts of West Bridgford Methodist Church (the Charity) for the year ended 31 August 2024. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Att and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 14515llbl of the Act. Independent examiner's ststement I have completed my examination. I confirm that no matters have cometo my attention in connection with the examination giving me cause to believe that in any material respect: l. accounting records were not kept in respect of the Charity as 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 accounting requirements concerning the form and content of accounts set out in the Charities IAccoLJnts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached. John O'Brien MSC, FAIA, FCIE Employee of Community Accounting Plus Units l & 2 North West 41 Talbot Street Nottingham NGI 5GL Date.. ..0210412025........

West Bridgford Methodist Church Church No ill9000 Statement of Financial Activities (SOFA) for the year ended 31 August 2024 Notes 10 the accounts Designated General Fund Funds IUnre5trictedl lunreslrictedl Restricted Endowment Funds Funds Total 202>24 Ineomè 1 Offerings 2 Donations 3 Gift ¥id 4 1Th￿rest and Investment IncoN 5 Irbcome from In¥e51menl prowrtEs 6 |Dletnal organisaboDs 7 Othèr chÈritable inctmè 8 Total Intome 43,469 4,923 10,588 11,807 52,590 43.469 9.983 11.863 11,807 52.5 5,060 1.275 85,16g 209,T2T 85.169 216,062 6,335 Expenditure g Circuit 8SSèssmeni orsharè 10 Grants and donations 11 SalaDes and re￿19￿ costs 12 Propttrty maintenan 77.532 3,357 29,370 53,445 23,309 77.532 3.357 29.370 53.445 23,309 14 DepreGiation 1$ Office ex￿￿8￿$ 16 Other expenditu 17 Inlemal organisations 18 Total charftable expendfture 19 Gaingllossesl on monetary Investments 20 Gainslllossesl on inve51menl propertEs 21 Net incomellexpenditurel 22 Tr8nsfèrs between funds 23 Other gainstrevalualions 24 Net movefflenl In funds 25TDt31 funds brought forward 26T<)tslfund5carried forward 2,300 7.602 1,175 198.090 2.300 9.352 1.175 199,840 1.750 1,750 11,637 -250 293,682 305,069 9.078,080 9.383,149 4,585 250 16,222 293.682 309,904 9.125.260 9.435.164 4,835 12,180 17,015 35,(N)O 35,(N)O

West Bridgford Methodist Church Church No 1129(KYJ ststement of Financial Activities (SOFA) for the year ended 31 August 2023 Note$ to Deslgnated thè Gontrral Fund Fund8 accounts Iunrestrictedl lunrestrictedl Rostrlcièd Endowmot)t Fund5 Fund5 Total 2022-23 Income 1 Off8rlngs 2 Donations 3 Gift aid 4 Interest and Inweslmenl income 5 Income from Investment properties 6 Inlernel organis¥lions 7 Other cheri18ble income 8 Total income 48.016 8.379 10.283 6.161 50.637 935 75.836 200,247 5.1LKI 53,116 8,379 11,558 6,161 50,037 935 75,830 206,622 1.275 6375 Expenditure 9 Circuit 8$se$smènt or Èhar8 10 Grants and donations 11 Sal*ri&s and 8SSOCl8ted costs 12 Prop8rty mainl&n8nc8 77.532 2,835 29,158 38.573 22.197 77,532 2,835 29,158 38,573 22,197 14 Depreciation 15 Office expenses 16 Other expendilJre 17 Internal organis¥lions 18 Totsl ¢harltablo •¥pendlture 19 Gainslllossesl on moneiary Investments 20 Gainslllossesl on Investment properties 21 N•t Incom•ll•xp•ndlturel 22 Transfers l)etween funds 23 Revaluation g81n on propety 24 Net movement In funds 25 Toial funds brought forward 26Total funds carried foThvard 2.058 6.924 1.158 180,435 2,058 7.124 1.158 1BO,635 200 200 19,812 -200 407.702 427,314 8.650.766 9,078,080 6.175 200 25.987 14 407,702 433,689 B,691,571 9,125,260 6,375 5,805 12,180 35.0 35,000

West Bridgftsrd Methodist Church Charity No I129￿0 Balance Sheet as at 31 August 2024 Gtneral Fund IUnre$trf¢ledl Designated Funds IUnr•strictsdl Rtstricttd Funds Endowment Funds T¢)tsls 2024 2023 NotAs tothÈ A£cL¥Jnts Flxed Assets Church buildlw Énd property Investmeni propertles Investm8nts 14 9.195,468 9,195,468 8.901.786 Totsifix8da¥$et5 9,19S,468 9,195,￿6 8,91Tr1,786 ¢urrgntA$￿ts Débtors and pr8paym8nts Loans bythé Churchos Investments with TMCP Cenir31 Finance Board Dewsits Cash ai 8ank and In hand 15 13,959 13,959 14,965 94,227 94,8e6 8,676 211,728 94,227 148,8È1 8,676 263.743 89,64D 35,000 17.01S 8,698 233.101 TolalcuJTenlassets 35.000 17.015 18 24,047 24,047 187,681 24,047 24.047 139.696 9,628 9.628 223.473 Netcurrenl asselsmlabllttles 35.000 17.015 Tv(al¥s$9ts 195$ ¢urrgn¢liabiljtip 9,383,149 35,000 17,01S 9,435,164 9,125,259 Lon8 term liabilitie5 (due after more than one ye3rl Grants payable after2019-20 Loans lo ihe Chur Nètass•ts 9,383,149 35.000 17,015 9,435,164 9.125,259 Funds of tho church General Fund IUnr8slricte¢l Design*ed Funds IUnreslndeOI Totsl UFJrgstrictgdFuyJds Restrided Funds Endo4wneni Funds 9.3￿,149 9,383.149 35.000 9.418,149 17.015 9.078.079 35.000 9,113,079 12,180 35,WO 17.015 Tol•IF￿n￿8 9,383.149 35,000 17,015 9,435,164 9,125,259 Signed chri& Mttrrey Church T￿asu￿ r

Notes to the Accounts l. Statement of Compliance The financial Statements have been prepared in aecordance with the setond edition of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. The charity opted to adopt Bulletin I published on 2 February 2016 and therefore have not included a cash flow statement in these financial statements. 2. Funds The funds held constitute.. General Funds held for any purpose of the Church which are unrestricted. Restricted funds which are held for a narrower purpose. Details of each material fund are disclosed in note 19. Any funds may be represented by more than just cash. 3. Accounting policies B0515 of preparation West Bridgford Methodist Church meets the definition of 3 public benefit entity under FRS102. Assets and liabilities are initially recognised at historic cost or transaction value unless otherwise stated in the relevant accountinE policy notes. Income Income is included in the Statement of Financial Activities ISOFAI when the Church becomes entitled to the resources, and the trustees are reasonably certain they will receive the resources,. and the monetary value can be measured with sufficient reliability. Expenditure This is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Church to pay out resources. Grants Grants made by the Church from its own funds are recognised in full at the time of agreement or when the Church accepts that there is a legal or operational obligation to make the payment. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance Sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms.

VAT Since the Church is not VAT registered, all input VAT is charEed with the expenses to which it refers. Tangible fixed assets for use by the Church These are capitalised if they can be used for more than one year, and individually cost at least £1,000. The freehold property is shown at cost and the difference between this and the insurance valuation is shown as revaluation reserve. Investment Propertie5 Investment properties - a block of 8 flats form part of the church premises and net proceeds are held in a reserve, the utilisation of such is agreed by the Church Council. Investments Investments are valued in the Balance Sheet at market value at the year end. Investment income is included in the accounts when receivable and any gains or losses on revaluation at the year end are shown in the SOFA. Debtors and Prepayments Debtors include outstanding room lettings invoices in August. Creditors Creditors include outstanding items relating to utilities, telephones, etc in August.

1. Interest & Investment intome Unrestricted Restricted 2024 2023 Central Finance Board 6,964 4,843 6.964 3,366 2,795 Other- TMCP Miscellaneous Total 11,807 11,807 6.161
2. Income from investment properties This represents rental income received from the letting of 8 flats which form part of the church premises.
3. Internal Organisations Opening Bal Receipts Payments Closing Bal Sunday Coffee Fairtrade Stall 93 93 865 1.181 1,175 871 Total 958 1,181 1,175 964
4. Other Charitable Income Unrestrltted Restrlrted 2024 2023 Hire of church room5 79,783 5,386 79.783 5,386 75,836 Miscellaneous Total 85,169 85,169 75,836
5. Salaries and associated costs The church had 3 lay employees11.75FTEI who are employed by the Circuit who then recharge the costs to the church. Their costs are shown under this category for transparency.

2024 2023 9. Payment to Trustees P4yments made to trustees for additional service5 provided to the Church by aEreement with the Church Council Meeting No expenses were paid to Trustees in the yeèr. 10. Fees for examination or audit of the accounts Independent examinerfs or auditors. fees for reporting on the 3ccounts 780 720 Other fees leg.. advice, accountanry Services) paid to the independent examiner or auditor 11. Property Expenses Maintenance 31,386 21,638 Refurbishment Cleaning Miscellaneous 15,180 6,879 53,445 13.043 3,892 38,573 12. Utllltles, Insurance ett Insurance 7.418 15,891 23,309 7,835 14,362 22,197 13. Other Expenditure Worshlp M3terlèls Flat5- Cornmission/Fees Other Total General Fund 382 449 4.558 4.162 9,102 4,299 2,176 6,924 Benevolent Payments Total Restrirted Funds 250 200 200 250 TOTAL 9,352 7,124

1. Tanglble Flxed Assets Olher fixed Church Inon Inve5trnent land and Other non investment land and Investment propErtie5 (land and buildingsl a55et5 including motor Payments on ccount and assets uthder tonstruciion Fixlure5, t￿Ing$ and equipment vehicles T￿81 B*lan¢e brouÈht forward Addition5 8,901,786 8,901,786 293,682 293,682 forward 9.195.468 9,195.468 Accumulated depreciatlon Balance brought lorward Depreciation charge Balance carried forward Net bookvalue Broughtforward Carried forw2rd 8,901,786 9,195.468 8,901,786 9.195,468 The'transfers" row is for movements between fixed asset categories.

2. Analysls of current assets and de￿Or$ Debtors and prepayments Prep3yrnent5 Accrued income Other debtors 2024 2023 168 10,000 3,791 13,959 10,000 4,417 14,965 Total debtors and prepayments

3. Analysis of current liabilitie5 and creditors Trade Creditors Other Creditors Total Current Liabilities 15,491 8,556 24,047 2,527 7,101 9,628
4. Analysis of net assets between fund5 unrestricted Unrestricted Re5trirted 2024 General Designated T3ngible fixed 85set5 Current a55et5 9,195,468 211,728 -24,047 9,383,149 9,195,468 263,743 -24,047 9,435,164 35,0 17,015 Total net assets 35,0 17,015 Unrestrlcted Unrestrlcted Restrlcted 2023 General Designated Tangible fixed assets Current asseis 8,901,786 185,921 -9.628 9,078,079 8,901,786 233,101 -9,628 9,125,259 35,000 12,180 Tot31 net assets 35,fAIO 12,180

5. Capital tommitments and tontingent liabilities At the 3L5t August 2024 the Church has no capital cornmitments. No Contin8ent liBbilities were Identified at 31st August 2024..

6. Detslled analysls of Indlvidual fund movemenis Unre#rfrted Funds Fund Name Openin8 Balance Income Expenditure Transfer5 Revaluatlon 8ainsllosses 293,682 C1051n8 8313nce General fund 9,078,080 209,727 -198,090 -250 9.383,149 Desl8nated- unrestrlcted Fund Name Opening Balance Income Expenditure Transfer5 Revaluation 8ainsllosses t1051n8 Balance Property Fund 35,0 35,000 Re#ritted Funds Fund Name Opening Balance Income Expenditure Transler5 Revaluation gainsllosses C1051ng Balance Benevolent Youth Worker -250 250 500 11,680 6,335 -1,500 16,515 Totals 12.180 6.335 -1.750 250 17,015 Endowment Funds Re#ritted Fund Name Openlng Balance Income Expendiiyre Transfers Revaluatlon galnsllosses Closlng Balan¢e Totals Fund oses Property Idesignatedl,. To provide cover for any major repairs that may become necessary on the church buildings. Youth Worker Irestrictedl,. Set upto provide coverage forthi5 Post from specific donations when the general fund cannot fully cover. Donation5 part utilised to covercosts and reduce reserve. Benevolent Irestrlctedl,- To provide funds to help members with special needs and support for emergency appeals. Reasons for transfer betweenfunds A transfer of £250 was made from ihe General Fund io the Benevolent Fund to maintain its 3greed holdlng level.

ZO. Related paty trat)sactlons This year Name of related party Relationshlp DeKription of transactlon Income from related partydurln8 theyt8r Payments to related party durlng the year Loansto I AMoU￿ts owed bv I related partydurlng theyt8r part¥as on 31-Avg- ethodi5t MHA donatio rnethodi5t All We Can donatio 2.(K)S rnethodi5t organi5ation Bntain Fund donatio Support of Presbyters & Deacons Fund for Property World Mission Fund method15t donation 5(M) ethod15t donation Ynethodisl donation methodist poor donatio Total 3,505 La$¢ year Namt uf related party Relationship De5Ctiption ol transartion IncDrne fro related partydurinz theyear Paympnt5 to related party during the year Loan5tD I (from) related partydurinz theyear Arnou￿ts owed bv I partyas on 3L-AuR- Ynethodisl MHA donation 313 methodisl All We Can donation 586 methodisi BNtaln Fund Fun or Support of Presbyters & Dearons Fund for Property donatlon method1# donation 5fy) methodi5l doDatio World Mission Fund Ynethodisl donation 345 Alongside the poor methodlsi donation Cotgrave Methodisi Chur¢h Total meihodlsi donation Z,744

..WEST BRIDGFORD METHODIST CHURCH No 1129000........... Declarations and Scrutiny I confirm that these accruals-based accounts for the year to 31 August 2024 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 Name and address of treasurer . C . M ufj<(L--J 11 *AuvTud CLO)L- Jfll 4FL- Post Code.................. Presentation to the Church trustees I confirm that the annual report and accounls for the year ended 31 August 2024 werelwrlPbe" presented to the meeting of the Church truslees he5d on I q IL'25. Signature of the Chair of the meeting: Name of the Chair of the meeting.. Date 25