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2022-08-31-accounts

Beeston Methodist Church Registered Charity 1129035 in the Nottingham Trent Valley Circuit 22/04

Annual Report and Financial Statement for the year ending 31[st] August 2022

Annual Report and Financial Statements of Beeston Methodist Church (BMC) for the year 01 September 2021 to 31 August 2022

Contents

  1. Background to the report

  2. Administrative details

  3. Our Aims

  4. Our Management

  5. Statement of Trustees’ Responsibilities

  6. Our Progress and Achievements

  7. offering spiritual nourishment and growth to all

  8. welcoming and nurturing everyone

  9. serving those in our local community

  10. being a strong voice for justice

  11. Specific projects and achievements in the year

  12. Reserves Policy

  13. Appreciation

1. Background to the report

Registered charities are required to produce an annual report, which is submitted to the Charity Commission. The annual report incorporates the financial statement for the year but also states the aims of the charity and assesses its achievements during the year.

Registered Charity Beeston Methodist Church Charitable number 1129035 Governing document Act of Parliament Area of benefit Undefined, in practice, local Charitable Objects The purposes of the Methodist Church are and shall be deemed to have been since the date of union the advancement of (a) the Christian faith in accordance with the doctrinal standards and the discipline of the Methodist Church; (b) any charitable purpose for the time being of any Connexional, district, circuit, local or other organisation of the Methodist Church; (c) any charitable purpose for the time being of any society or institution subsidiary or ancillary to the Methodist Church; (d) any purpose for the time being of any charity being a charity subsidiary or ancillary to the Methodist Church. Date registered 07 April 2009 Classification Religious activities Who General public / Mankind How Provides buildings, facilities, open space, other charitable activities

2. Administrative Details

Name: Beeston Methodist Church Address: Chilwell Road, Beeston, Nottingham, NG9 1EH Telephone: 0115 9431164 Website: www.beestonmethodist.church Email: ofce@beestonmethodist.church Minister: Rev Alistair Jones

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Administrator: Mrs Karen Jowett

Managing Trustees (Church Council Members 1.9.2021 to 31.8.2022)

Date Appointed Date of Resignaton(if applicable)
Rev Alistair Jones(Chair) 01.09.2017
Mrs D Diacon(Secretary) 16.06.2019 31.05.2022
Dr S Diacon 02.08.2020 31.05.2022
Mr T Beardsall 01.09.2014
Mrs B Brown 01.09.2014 31.05.2022
Mr E Davies 01.07.2022
Mrs H Davies 01.09.2014
Mrs C Foster 01.09.2014
Mrs F Fyfe 21.05.2017
Mrs M Higgins 01.09.2014 31.05.2022
Mr R Howard 01.09.2014
Mr N Jones 01.09.2014
Mr D Lowe 01.09.2014
Ms C Milligan 02.08.2020
Mr A Oakley 16.06.2019
Mrs M Orton 01.09.2014
Mrs J Phillips 01.09.2014
Dr C Pullan 21.05.2017
Mrs S Ramsey 12.05.2021
Mrs P Shirra 01.09.2014 31.05.2022
Mr A Taylor 01.09.2014
Mrs G Taylor 14.04.2019
Mr P Tivey 01.09.2014
Mrs S Towlson 01.09.2014 31.05.2022
Mr M Towlson 16.06.2019
Mr M Wilson 01.09.2018
Mr C Wright 01.09.2014

Church Membership at 31.08.2022 was 171

Community Roll Membership at 31.08.2022 was 177 (i.e. those not in formal membership, but who come under the wider influence of the church )

3. Our Aims

BMC has considered the Commission’s guidance on public benefit, and in particular the specific guidance on charities for the advancement of religion, and we offer the following opportunities to all:

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4. Our Management

The management of BMC is constituted under the constitutional practice and discipline of the Methodist Church (CPD). BMC is part of the Nottingham Trent Valley Methodist Circuit. Oversight of the whole circuit is provided by a Superintendent Minister.

The General Church Meeting is open to all members of BMC and is held annually “for fellowship, for mutual counsel respecting the condition of the Local Church, including its financial affairs, for the election of church stewards and representatives and for any other purpose which the [Methodist] Conference may direct.” (The Constitutional Practice and Discipline of the Methodist Church 621). This year the meeting was held in person and 46 persons attended the meeting.

The Church Council consists of 27 members who take on the role and responsibilities of Managing Trustees. It is chaired by the BMC or Superintendent Minister and met four times in 2021/2022. Two of these meetings were held virtually using Zoom technology. Trustees are recruited from the membership of the Church. Vacancies are made known to all members of the church, as is the process by which nominations can be made. Some trustees are appointed as a result of the role they fill within the Church (Treasurer, Safeguarding Officer etc.) and others are elected from the membership at the Annual Church Meeting. One trustee is a Circuit Steward representing the Nottingham Trent Valley Circuit.

A Leadership Team is elected annually at the General Church Meeting, and its ten members (eight stewards, Treasurer and Safeguarding Officer) meet monthly with the Ministerial Team to provide leadership and take operational decisions relating to the church’s daily activity. The Ministerial team currently constitutes one presbyter and a lay Church Support Worker. Pastoral Links are appointed by Church Council and share with the Ministerial Team in the pastoral care of those on the community roll of the church. The Church Treasurer is appointed annually by the Church Council. Sub-Committees of the Church Council address issues relating to staff employment, finance, property, safeguarding, mission and outreach, caring and nurture and pastoral care and report to the Church Council on a regular basis.

There are no serious incidents or other matters that trustees should have reported to the Charity Commission but have not done so. Work continues to ensure that BMC is fully GDPR compliant following further guidance from the national Methodist Church published during the year.

5. Statement of Trustees Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records

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that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

6. Our Progress and Achievements during the Year

We continued with Covid precautions over the winter of 2021 but have gradually been able to return to our usual activities, at the same time being mindful of those who continue to have real concerns about meeting in with others in enclosed spaces. Our regular services of worship have fully resumed with no restrictions on attendance and other church activities have also resumed. We continue to reach out to the local community and build relationships with groups and individuals in the area. Most external groups who use the church for a wide variety of activities have resumed there own activities. The long period of closure significantly impacted our income and will take several years to recover from that situation.

All our work is under our vision established in 2016:

Here For You: God is calling us to

A three-year Mission Plan was agreed in December 2020 setting out the key areas of activity during the coming three years, as well as measures for monitoring and evaluation the success of the various activities undertaken.

Offering spiritual nourishment and growth to all

Our regular in person services of worship and our Junior Church programme continue to meet the spiritual needs of the congregation. Following the lifting of Covid-19 in the middle of 2021 we were able to meet together for worship in person. We continued to live stream our services for those who were shielding or apprehensive about meeting in large groups. Provision has also been made for those who are not able or wishing to use the technology. We continue to offer recordings of services on our Facebook page as well as CD’s to those who prefer to join with us in those ways. There are also mid-week opportunities for prayer and reflection with the Open Space service of Holy Communion.

We maintain contact with housebound and infirm worshippers through the weekly distribution of recordings of the Sunday morning service. Prayer requests have been met, either in the services of worship or through the online Prayer Group set up when meeting together became impossible. This Prayer Group continues to meet weekly and receives requests for prayer from members of the congregation and the wider community.

Our premises and facilities are available for baptisms, weddings and funerals and for use by outside groups. Our premises are also used weekly by a Korean Christian Church.

As a church we offer chaplaincy support to the local Girls’ Brigade Company and host Church Parades for the Boys’ and Girls’ Brigades. One member of the Church is continuing his lay-preacher training programme.

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Welcoming and nurturing everyone

In order to strengthen the spiritual and social life of our congregation we have a number of house groups, which meet regularly in homes or on church premises, catering for approximately 250 people. The groups meeting on church premises include the Bible Group, Wednesday House group, Open Space and Knit and Natter Group. A well-attended walking group also meets monthly.

Regular Saturday coffee mornings are held, which are attended by church members and other members of the local community. BMC continued to fund a full-time Church Support Worker to complement the work of our minister.

Flowers are taken to those on the Community Roll who are in need of cheering, or by way of congratulation. At Christmas, 50 pots of hyacinths are also distributed to the housebound and those who have been bereaved during the year.

BMC became a member of the Inclusive Church Network during the year and is deeply committed to living up to its ideals. In October 2021 it agreed to sanction same-sex marriage on its premises.

Serving those in our local community

Two weekly Toddler Groups and a Baby Group (ABC) are held throughout term time which provide a meeting place for parents and carers and their pre-school children with a good stock of toys for the children to play with as well as craft activities and singing. Around 80 children and their parents and carers attend every week. A free Light Party (as an alternative to Halloween) was held for any community members who wished to attend.

The Wholly Ground facility for coffee, cake, soup and sandwiches operates on a Wednesday. This provides not only a place to buy food and drink, but also a safe and welcoming place for use by the local community where people can come and chat. Since its opening in late 2017, the number of people using its facilities has continued to increase, with additional events being organised, such as Christmas and summer parties. The monthly Open Space lunch is also very popular, with the 50 available places often being oversubscribed. This is attended by members of the local community, as well as church members.

The BMC premises are used regularly for a wide variety of dramatic and musical productions for all ages, which are well attended by the local community. The much-loved annual pantomime event regretfully could not be held in February but it is hoped it will resume in the near future.

Our church members, strengthened and supported by the church, are involved in many outside activities serving our local community, including the Age UK Nottingham, Beeston Memory Café, Hope Nottingham, Broxtowe Women’s Project, Framework Housing Association, Beeston Benevolent Society, The Leprosy Mission, Beeston and District Civic Society, Beeston & District Local History Society and Amnesty International amongst others.

Our church premises are used by a wide variety of community groups throughout the week, providing a serviced space for a wide range of leisure activities, as well as support for young parents, vulnerable persons and other groups with particular needs.

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Being a strong voice for justice

7. Specific Projects in the year 1 September 2021 to 31 August 2022

Further progress has been made on the project to remodel the BMC premises at Chilwell Road. Budget limitations have required us to carry out the work in two separate stages with the first stage focussing on the church sanctuary. Fully costed plans have now been given the necessary Methodist Church approval to proceed and planning approval has now been sought, with work hopefully beginning early next year. Over £140,000 has been raised by the congregation. This represents nearly three quarters of the local fundraising requirement.

8. BMC Reserves Policy

It is BMC’s policy to aim to hold at least six months general expenditure of £90,000, with a buffer amount to cover unexpected fluctuations in income. Restricted Funds held total £105,244. The sums held in the Restricted Funds are for specific purposes, the main ones being the Church Charities, the Church Support Worker Fund, the Redevelopment Fund and Internal Organisations. There is a Bequest Fund, which stands at £41,906 of which £4,183 is allocated to towards our Church Support Worker Project and £15,000 towards Dry Rot Repairs. The balance is available for the general use of the church, including a major redevelopment of the premises.

9. Appreciation

We would like to thank our small team of paid staff and all the volunteers who work so tirelessly to make our church the vibrant community that it is. Their enthusiasm and commitment is testament to the vibrant community that Beeston Methodist Church is.

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Beeston Methodist Church Registered Charity 1129035 in the Nottingham Trent Valley Circuit 22/04

ACCOUNTS (ACCRUALS BASIS)

For the year ended 31[st] August 2022

Ministers

Rev’d Alistair Jones

Church Leadership Team

Mr Malcolm Wilson (Resigned 31/05/22) Mrs G Taylor Dr C Pullan (Resigned 31/05/22) Mrs J Phillips Mrs S Ramsey Miss C Milligan Mr S Diacon (Resigned 31/05/22) Dr Paula Dawson Mr Eric Davies (From 01/06/22) Church Safeguarding Officer (ex-officio) Church Treasurer (ex-officio)

Church Treasurer

Mr Ray Howard

Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Statement of Financial Activities (SOFA) for the year ended 31 August 2022 Statement of Financial Activities (SOFA) for the year ended 31 August 2022 Statement of Financial Activities (SOFA) for the year ended 31 August 2022 Statement of Financial Activities (SOFA) for the year ended 31 August 2022 Statement of Financial Activities (SOFA) for the year ended 31 August 2022 Statement of Financial Activities (SOFA) for the year ended 31 August 2022 Statement of Financial Activities (SOFA) for the year ended 31 August 2022
Notes to
the
accounts

General Fund
(Unrestricted)		 Designated
Funds
(unrestricted)		 Restricted
Funds		 Endowment
Funds		 Total
2021-22
£ £ £ £ £
Income
1 Offerings 1 84,506.32 2,400.00
38,400.00
9,957.17
13,217.50
45,276.96		 86,906.32
2 Donations 1 1,052.95 39,452.95
3 Gift aid 1 16,698.80 26,655.97
4 Interest and investment income 2 847.62 847.62
5 Income from investmentproperties 0.00
6 Internal organisations 5 & 18 13,217.50
7 Other charitable income 3 & 4 41,181.81 86,458.77
8Total income 144,287.50 0.00 109,251.63 0.00 253,539.13
Expenditure
9 Circuit assessment or share 6 63,656.00 63,656.00
10 Grants and donations 7 10,000.00 11,776.59 21,776.59
11 Propertymaintenance 8 10,298.10 10,298.10
12 Insurance,utilities etc 10 25,703.41 25,703.41
13 Redevelopment Scheme 9 1,702.00 1,702.00
14 Payroll 11 60,790.59 60,790.59
15 Other expenditure 12 7,835.09 1,259.22 9,094.31
16 Internal organisations 13 & 18 13,625.61 13,625.61
17 Total charitable expenditure 178,283.19 0.00 28,363.42 0.00 206,646.61
18 Gains/(losses)on monetaryinvestments 0.00
19 Gains/(losses)on investmentproperties 0.00
20Net income/(expenditure) -33,995.69 0.00 80,888.21 0.00 46,892.52
21 Transfers between funds 29,318.51 -29,318.51 0.00
22 Othergains/(losses)
23Net movement in funds -4,677.18 0.00 51,569.70 0.00 46,892.52
24 Total funds brought forward 96,999.63 184,127.77 281,127.40
25 Total funds carried forward 92,322.45 0.00 235,697.47 0.00 328,019.92

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Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Balance Sheet as at 31 August 2022 Balance Sheet as at 31 August 2022 Balance Sheet as at 31 August 2022 Balance Sheet as at 31 August 2022 Balance Sheet as at 31 August 2022
Notes to the General Fund
(Unrestricted)		 Designated
Funds
(Unrestricted)		 Restricted
Funds		 Endowment
Funds		 Totals 2022 Restated
Totals 2021
Accounts £ £ £ £ £ £
Fixed Assets
Church buildingand otherproperty 14 0
Investmentproperties 0
Investments 0
Total fixed assets 0 0 0 0 0 0.00
Current Assets
Debtors andprepayments 15 29,967.00 8,000.00 37,967.00 45,996.00
Loans bythe Churches 0.00
Investments with TMCP 17 41,906.69 41,906.69 82,266.01
Central Finance Board Deposits 17 43,242.20 179,187.61 222,429.81 110,521.36
Cash at Bank and in hand 17 24,799.23 13,936.69 38,735.92 53,012.34
Total current assets 98,008.43 0.00 243,030.99 0.00 341,039.42 291,795.71
Current liabilities
Creditors (due in under 1 year) 16 5,685.98 7,333.52 13,019.50 10,668.31
Grantspayable within 2021-22 0.00
Total current liabilities 5,685.98 0.00 7,333.52 0.00 13,019.50 10,668.31
Net current assets/liabilities 92,322.45 0.00 235,697.47 0.00 328,019.92 281,127.40
Total assets less current liabilities 92,322.45 0.00 235,697.47 0.00 328,019.92 281,127.40
Long term liabilites
(due afer more than one year)
Grantspayable after 2021-22 0.00
Loans to the Church 0.00
0.00
Net assets 92,322.45 0.00 235,697.47 0.00 328,019.92 281,127.40
Funds of the Church
General Fund(Unrestricted) 92,322.45 92,322.45 96,999.63
Designated Funds(Unrestricted) 0.00 0.00 0.00
Total Unrestricted Funds 92,322.45 96,999.63
Restricted Funds 235,697.47 235,697.47 184,127.77
Endowment Funds 0.00 0.00 0.00
Total Funds 92,322.45 0.00 235,697.47 0.00 328,019.92 281,127.40
Signed
Ray Howard
Church Treasurer

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Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Comparative SOFA for previous year Restated

Notes to
the
accounts

General Fund
(Unrestricted)		 Designated
Funds
(unrestricted)		 Restricted
Funds		 Endowment
Funds
Restated
Total
2020-21
£ £ £ £ £
Income
1 Offerings 83,414.47 3,377.00
71,758.00
17,891.65
2,254.44
66,461.65		 86,791.47
2 Donations 2,826.92 74,584.92
3 Gift aid 20,546.62 38,438.27
4 Interest and investment income 223.89 223.89
5 Income from investmentproperties 0.00
6 Internal organisations 2,254.44
7 Other charitable income 7,955.54 74,417.19
8Total income 114,967.44 0.00 161,742.74 0.00 276,710.18
Expenditure
9 Circuit assessment or share 67,148.00 67,148.00
10 Grants and donations 9,325.00 8,721.00 18,046.00
11 Propertymaintenance 6,700.04 360.00 7,060.04
12 Insurance,utilities etc 17,601.23 17,601.23
13 Redevelopment Scheme 12,670.08 12,670.08
14 Payroll 59,698.53 (4,893.86) 54,804.67
15 Other expenditure 10,674.44 4,719.63 15,394.07
16 Internal organisations 5,102.56 5,102.56
17Total charitable expenditure 171,147.24 0.00 26,679.41 0.00 197,826.65
18 Gains/(losses)on monetaryinvestments 0.00
19 Gains/(losses)on investmentproperties 0.00
20Net income/(expenditure) (56,179.80) 0.00 135,063.33 0.00 78,883.53
21 Transfers between funds 56,179.80 (56,179.80) 0.00
22 Othergains/(losses) 0.00
23Net movement in funds 0.00 0.00 78,883.53 0.00 78,883.53
24 Total funds brought forward 96,999.63 105,244.24 202,243.87
25 Total funds carried forward 96,999.63 0.00 184,127.77 0.00 281,127.40

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Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Basis of accounting and accounting policies

i. Accounting standard

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective from 1 January 2015) – (Charities SORP (FRS 102)).

ii. Public benefit entity

Beeston Methodist Church meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note below.

iii. Basis

These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year. The accruals basis has been used and trustees present accounts that show a true and fair view of the Church’s financial position and activities.

iv. Content

The financial information presented is relevant, reliable, comparable and complete. Where estimates are used, these are based on experience, research and judgement. The accounts are expressed in £Sterling,

v. FRS102 SORP 2015

These accounts are compliant with FRS102 and with the FRS102 SORP 2015. The accounts have been prepared in accordance with applicable charity law in England, this being the Charities Act 2011 and SI2008/629 (Charities Accounting and Reporting Regulations) and, pending the making of replacement Regulations specific to SORP 2015 in accordance with Reg.8(4)(d) of SI 2008/629, the charity trustees have departed from the requirement of Reg.8(5) by following SORP (FRS102) instead of SORP 2005 to the extent necessary to give a true and fair view in the circumstances.

vi. Going concern

Based on the monetary assets and human resources available at 31 August 2022, the trustees believe that the church is a going concern.

vii. Income recognition

Income is brought into the accounts when there is entitlement and the amount is reliably measurable once it is more likely than not that the economic benefit of the income will be forthcoming. In accordance with the Charities SORP (102), the time of volunteers is not recognised.

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Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

viii. Expenditure

This is recognised when a liability is incurred, or a constructive obligation arises, where the amount is reliably measurable, and it is considered more likely than not that there will be an outflow of economic benefit.

ix. Grants

Grants made by the Church from its own funds are recognised in full at the time of the agreement to make a grant without performance conditions, or as and when the Church accepts that there is a legal or operational obligation to make the payment if it is subject to performance conditions. When the grant to be accrued 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 in accordance with the originally agreed terms.

x. VAT

Since the Church is not VAT registered, all input VAT is charged with the expenses to which it refers.

xi. Tangible fixed assets

These are capitalised if they can be used for more than one year, and individually cost at least £5,000.

xii. Funds

The funds held constitute: General Funds held for any purpose of the Church which are unrestricted. Restricted funds are held for narrower purpose. Details of each material fund are disclosed in the final note to these accounts. Any funds may be represented by more than just cash.

xiii. Exemption from preparing a cash flow statement

The charity opted to adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements .

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Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Total Total
General Restricted This year Last year
Receipts
Note 1 Offerings and tax recoverable
Weekly offering - cash and cheques 3,178.97 - 3,178.97 845.75
Weekly offering - envelopes 6,236.05 - 6,236.05 11,268.72
Offertory - standing orders 75,091.30 2,400.00 77,491.30 74,156.00
Gift Aid - single gifts - 400.00 400.00 -
Gifts 1,052.95 38,000.00 39,052.95 74,584.92
Tax reclaimed 16,698.80 9,957.17 26,655.97 38,438.27
Other Collections – Income - - - 521.00
Offerings and tax recoverable Totals 102,258.07 50,757.17 153,015.24 199,814.66
Note 2 Bank & CFB interest and investment income
Interest 847.62 - 847.62 223.89
Bank & CFB interest and investment income Totals 847.62 - 847.62 223.89
Note 3 Lettings
Lettings 29,893.40 - 24,893.40 1,321.00
Parking 600.00 - 600.00 -
Church Fees 150.00 - 150.00 -
Lettings Totals 30,643.40 - 30,643.40 1,321.00
Note 4 Other receipts
Donations for use of premises 8,263.75 - 8,263.75 5,280.00
Church Charity 19/20 - - - 518.50
Church Charity 20/21 - - - 13,921.20
BMC Church Charity 21/22 - 13,096.00 13,096.00 -
Donations - In Memoriam 1,500.00 - 1,500.00 -
Donations - General 90.00 4,492.34 4,582.34 951.94
Other Income - 9.00 9.00 838.31
Coffee Mornings - 2,096.52 2,096.52 682.08
Fund Raising - Receipts 484.60 5,090.80 5,575.40 1,604.65
Organ Fundraising - 5,351.30 5,351.30 -
Employee Fees - 150.00 150.00 -
Photocopying 200.06 - 200.06 12.52
In/Out Other - - - 1,710.00
Bequests - - - 22,863.29
Grants - Methodist - 14,991.00 14,991.00 24,713.70
Other receipts Totals 10,538.41 45,276.96 55,815.37 73,096.19
Note 5 Internal organisations (income)
Internal organisations (inc) - 13,217.50 13,217.50 2,254.44
Internal organisations (income) Totals - 13,217.50 13,217.50 2,254.44
Receipts Grand totals 144,287.50 109,251.63 253,539.13 276,710.18

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Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Total Total
General Restricted This year Last year
Payments
Note 6 Circuit assessment or share
Circuit Assessment or Share 63,656.00 - 63,656.00 67,148.00
Circuit assessment or share Totals 63,656.00 - 63,656.00 67,148.00
Note 7 Donations
Donations - Methodist 8,000.00 - 8,000.00 11,700.00
Donations - Other 2,000.00 11,776.59 13,776.59 5,825.00
Other Collections - Payments - - - 521.00
Donations Totals 10,000.00 11,776.59 21,776.59 18,046.00
Note 8 Repairs and maintenance
Cleaning - Materials 756.48 - 756.48 -
Property - repairs, maintenance etc 9,541.62 - 9,541.62 7,060.04
Repairs and maintenance Totals 10,298.10 - 10,298.10 7,060.04
Note 10 Utilities, insurances etc
Insurance 8,943.05 - 8,943.05 7,848.89
CR Gas 5,152.42 - 5,152.42 1,884.15
CR Electricity 7,276.10 - 7,276.10 5,290.53
CR Water 3,624.13 - 3,624.13 2,022.82
Telephone 707.71 - 707.71 554.84
Utilities, insurances etc Totals 25,703.41 - 25,703.41 17,601.23
Note 12 Other payments
Administration 2,044.68 - 2,044.68 4,644.27
Photocopying & paper 2,715.52 - 2,715.52 2,413.87
Office Supplies 65.58 - 65.58 67.78
Worship & Fellowship 488.48 - 488.48 677.00
Missions & Outreach 76.00 - 76.00 420.57
Junior Church 152.48 - 152.48 273.20
Church Support Worker Expenses 422.46 - 422.46 351.04
Leadership Team 80.68 - 80.68 367.63
Fund Raising Costs - 849.22 849.22 1,938.64
Other Payments 50.00 - 50.00 35.80
Copyright Licence 1,110.21 - 1,110.21 1,196.62
Equipment 579.00 - 579.00 499.00
Employee Fees 50.00 100.00 150.00 -
In/Out Other - 310.00 310.00 2,508.65
Other payments Totals 7,835.09 1,259.22 9,094.31 15,394.07
Note 13 Internal organisations (expenditure)
Internal organisations (exp) - 13,625.61 13,625.61 5,102.56
Internal organisations (expenditure) Totals - 13,625.61 13,625.61 5,102.56

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Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

We employed a part time Church Support Worker, a full time Caretaker (until April 22), a part time Administrator and a part time Cleaner (from May 22). All staff are paid at or above the Living Wage (as published by the Living Wage Foundation). All eligible staff have had the option of being enrolled into the NEST Pension Scheme.

Note 14. Restatement

Fixed assets for the previous period have been restated to exclude the value of the Church itself from the Balance Sheet. The Church itself was previously included at a value of £9,910,000.

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Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Page 10 of 17

Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Note 17 Assets & Liabilities Note 17 Assets & Liabilities
General Restricted Total Last year
Restated
Fixed Asset - Tangible Assets
- - - -
Total - - - -
Current Asset - Cash At Bank And In Hand
HSBC General Account 10,705.80 4,895.03 15,600.83 26,220.47
HSBC Treasurer Account 2,047.89 - 2,047.89 1,048.64
CAF Bank 4,129.07 6,294.17 10,423.24 14,676.42
Central Finance Board 43,242.20 179,187.61 222,429.81 110,521.36
Methodist Chapel Aid 1,916.47 - 1,916.47 1,911.21
Internal Organisations - 8,747.49 8,747.49 9,155.60
Transfers 6,000.00 (6,000.00) - -
Total 68,041.43 193,124.30 261,165.73 163,533.70
Current Asset - Debtors
Total Accounts Receivable 29,967.00
29,967.00		 8,000.00
8,000.00		 37,967.00
37,967.00		 45,996.00
45,996.00
Current Asset - Investments
Total Trustees For Methodist Church Purposes -
-		 41,906.69
41,906.69		 41,906.69
41,906.69		 82,266.01
82,266.01
Liability - Agency Accounts
Total Agency collections -
-		 7,333.52
7,333.52		 7,333.52
7,333.52		 6,909.81
6,909.81
Liability - Creditors: Amounts Falling Due In One Year
General Creditors 3,530.21 - 3,530.21 -
Accounts Payable 2,155.77 - 2,155.77 3,758.50
Total 5,685.98 - 5,685.98 3,758.50
Net total assets 92,322.45 235,697.47 328,019.92 281.127.40
Represented by
General (Unrestricted) 92,322.45 - 92,322.45 96,999.63
Restricted – Bequests - 41,906.69 41,906.69 41,906.69
Restricted -Church Charity 20/21 - - - 9,776.59
Restricted – Church Charity 21/22 - 12,369.53 12,369.53 -
Restricted – Church Support Worker - 14,190.90 14,190.90 21,984.41
Restricted - In-Out - 519.85 519.85 779.85
Restricted – Internal Groups - 8,747.49 8,747.49 9,155.60
Restricted – LIV Village Fund - 1,490.86 1,490.86 1,490.86
Restricted – Redevelopment - 156,472.15 156,472.15 99,033.77
Total 92,322.45 235,697.47 328,019.92 281.127.40

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Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Note 18 Internal Organisations

Internal Organisations report to Church Council which has ultimate responsibility for them but they conduct their own financial affairs including an examination of their accounts. The adjustments made are to allow for monies that have been given to the General Fund from these groups are not recorded twice as income on the SOFA and Balance Sheet. In the case of Wholly Ground Coffee Bar the £3,400 adjustment was for a donation made by Wholly Ground to Church Funds for the use of the premises and is recorded as part of Donations for use of Premises in Note 4.

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Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Note 19. Movement in Funds

----- Start of picture text -----
Restated
Fund balances Income Expenditure Gains and Fund balances
Restricted Funds brought forward Transfers Losses Carried forward
Bequest Fund All Bequest are held in
this fund until Church Council
allocates the money 41,906.69 - - - - 41,906.69
BMC Charity 20/21 Our Church
charity for the previous year 9,776.59 - 9,776.59 - - -
BMC Charity 21/22 Our Church
Charity for the current year - 15,150.53 2,781.00 - - 12,369.53
Church Support Worker Fund Church
Support Worker This fund is used to
finance the Church Support Worker 21,984.41 21,525.00 - (29,318.51) - 14,190.90
In/Out Fund Used for monies that are
held temporally 779.85 150.00 410.00 - - 519.85
Internal Organisations Groups that
come under the control of Church
Counci 9,155.60 13,217.50 13,625.61 - - 8,747.49
LIV Visit Fund To Finance links with
LIV Village South Africa 1,490.86 - - - - 1,490.86
Redevelopment Fund For the
redevelopment of premises 99,033.77 59,208.60 1,770.22 - - 156,472.15
Unrestricted Funds
General fund 96,999.63 144,287.50 178,283.19 29,318.51 92,322.45
Totals 281,127.40 253,539.13 206,646.61 - 328,019.92
----- End of picture text -----

Unrestricted Funds are for the use of the trustees in the furtherance of the general objectives of the Church.

Restricted Funds are those to which contributions have been made for a specific purpose. A transfer from the Church Support Worker Fund to the General Fund of £29,318.51 was made to fund the salary of the CSW.

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Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Note 20. Donations to Others

Our policy is to give 10% of our General Fund income from offertories, envelopes and gifts (plus associated Gift Aid) to other causes both Methodist and others and is shown in the General fund column below. In addition we also support other causes through specific fundraising, special collections and appeals and these are also shown on the following table. The table does not show donations made for specific causes made at funerals or thanksgiving services.

Donatons made by Beeston Methodist Church - year ended 31 August 2022 (£)

----- Start of picture text -----
From Earmarked
General Charities appeals and
Funds Funds Panto events Total
Fund for Property 800 800
Fund for the Support of Presbyters and Deacons 480 480
Fund for World Missions 2,960 205 3,165
Leaders of Worship 240 240
All We Can (MRDF) 960 248 1,208
Mission in Britain 1,680 1,680
Methodist Homes 480 480
Action for Children 400 518 918
Jacobs Well Appeal 250 250
Beeston Women's Group 250 250
Ethiopiaid 250 250
Nottingham Samaritans 250 250
Council of Christians & Jews 250 250
Gitare School, Kenya 250 250
Stroke Association 250 250
Datum Foundation 250 7,780 8,030
Operation Orphan 3,890 3,890
Forever Stars 3,890 3,890
JMA 1,759 1,759
Christian Aid 400 400
Treetops 56 56
10,000 15,560 0 3,186 28,746
----- End of picture text -----

NB this does not include donations by church groups or funeral donations

Note 21. Related Parties

There were no related party transactions in this period.

Page 14 of 17

Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Note 22. Trustees’ Remuneration/Expenses

Trustees received no expenses, remuneration or benefits in this period other than those shown below.

Claire Milligan
Church Support
Worker
Salary 25920
National Insurance 2329
Pension 1069

Page 15 of 17

Beeston Methodist Church Noles to the accounts for year ending 31 August 2022 Beeston Methodist Church Declarations and Scrutiny I confirm that these accruals-based accounts for the year to 31 August 2022 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees. Signature of Treasurer Date r January 2023 o.c Name and address of Treasurer.. Ray Howard Beeston Methodist Church, Chilwell Road, Beeston, Nottingham NG9 1EH Presentation to the Church trustees I confirm that the annual report and accounts for the year ended 31 August 2022 were presented and approved by the Church Trustees on January 2023. Signature of the Chair of the meeting Name of the Chair of the meeting: Date Rev Christine Fox t f January 2023 Page 16 of17

Beeston Methodist Church

Notes to the accounts for year ending 31[st] August 2022

Independent Examiner's Report to the trustees of Beeston Methodist Church

Independent examiner’s report to the trustees of Beeston Methodist Church

I report to the trustees on my examination of the accounts of Beeston Methodist Church (the Charity) for the year ended 31 August 2022.

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 2011 ('the Act').

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 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.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. 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 (Accounts 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 this report in order to enable a proper understanding of the accounts to be reached.

......................................

John O’Brien MSc, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners

Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL

Date:………………………………… 08/02/2023

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