BISHOP STREET METHODIST CHURCH, LEICESTER
ANNUAL REPORT AND FINANCIAL STATEMENT FOR YEAR ENDED 31 AUGUST 2021
Bishop Street Methodist Church 10a Bishop Street Leicester LE1 6AF
Charity Number 1129068
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INTRODUCTION
The work described in the Annual Report of Bishop Street Methodist Church, 1[st] September 2020 to 31[st] August 2021 falls within the objectives of the Methodist Church in Great Britain which are directly linked to its aims.
The aims of the Methodist Church are:
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Worship – to increase awareness of God’s presence and to celebrate God’s love;
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Learning and caring – to help people to learn and grow as Christians, through mutual support and care;
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Service – to be a good neighbour to people in need and to challenge injustice;
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Evangelism – to make more followers of Jesus Christ
The Trustees’ report that follows shows clearly that Bishop Street Methodist Church meets the public benefit requirement of the Charity Commissioners although, as for so many charities, practically half the year was spent under two Covid lockdowns which severely limited the Church’s ability to reach out in service as it usually does. However, essential support groups and two leaseholders of church property, the Zinthiya Trust and Community Cycles, were able to continue providing much needed services to the community throughout the lockdowns.
CONTEXT
Bishop Street Methodist Church provides regular acts of worship open to members of the church and nonmembers alike. It teaches Christianity through worship, sermons, small groups and Bible studies and undertakes pastoral work including visiting the sick and bereaved. It opens its buildings to a wide range of groups and activities. However, it does this in the context of its situation, its membership and the needs of people at any given time.
As a church in the city centre, many people in vulnerable circumstances pass through its doors. Its premises are widely used by a very diverse cross-section of the city centre community – which includes people living in the locality and large numbers who travel into the centre from across the city and county. Christians from the Leicester area, and community organisations with no Christian background all contribute to activities on the premises which enhance community life and support people who are marginalised. As a result of the pandemic and in accordance with the guidance issued by the Methodist Church, the Church was closed between 5 November and 3 December 2020 and again from 4 January 2021 until Pentecost on 23 May 2021. Worship services were available on a blog. (See section on Worship.)
The church community consists of people from a variety of countries and backgrounds. Many work unsocial hours and find church attendance difficult; some are seeking work or have low incomes; some are unable to work; some are students; a few are asylum seekers; some are families with small children; some are retired. Bishop Street welcomes such a diverse community and tries to be sensitive to differing needs and responsive to new initiatives, changes and ideas.
In November 2020 Rev Liam Dacre-Davis visited Bishop Street by Zoom and subsequently accepted the appointment as Minister from September 2021. In August 2021, we were sad to say “goodbye” to Rev Fran Rhys and wished her and her partner well in their new home in East Yorkshire.
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Bishop Street’s Annual report is presented under the following six sections
1. Worship – to increase awareness of God’s presence and to celebrate God’s love;
Sunday worship Appeals Weekday worship and one-off worship Bible Study Worship consultation
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Learning and caring – to help people to learn and grow as Christians, through mutual support and care; Membership Pastoral Care Cell group Environment People in vulnerable circumstances Students Sunday School
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Service – to be a good neighbour to people in need and to challenge injustice; Chapel Café Community Groups Interfaith Property Leases School visit
4. Evangelism – to make more followers of Jesus Christ
Art at the Chapel Art Exhibitions Organ Concerts Talks in the Chapel Heritage Liaison with Church self-help groups
5. Governance, Admin and Management
6. Finance
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1. Worship – to increase awareness of God’s presence and to celebrate God’s love
Sunday Worship
The Church is generally open 7 days a week and many people use it for private prayer as well as for public worship. Following the first lockdown, Worship resumed on 6[th] September 2020 with an additional cleaning regime, no singing and social-distancing. On Sundays, morning worship continues, sometimes following a theme, such as during Lent. The worship blog which commenced during the first lockdown in 2020 was re-started for weekly worship material during the second and third lockdowns, including YouTube hymn videos and photographs, in copyright. Local preachers and ministers’ worship material was uploaded here: https://bishopstreetmethodistchurchsundaystuff.wordpress.com/ Building on the success of the blog, video equipment was acquired in the autumn of 2020 to record live services each Sunday morning for viewing by members who were unable to attend for any reason. This was greatly appreciated and has been continued as a regular form of outreach.
Facilities are offered for baptisms, weddings and funerals, with accompanying pastoral care.
Appeals
The church raised £51.00 to support the Zinthiya Trust Food Bank.
The Harvest gifts of non-perishable food were donated to the Zinthiya Trust ‘Community Shop’ which enables people in need of food-bank items to select their items from the shelves. The perishable items were taken to the Community of Grace.
The Advent collection for 2020 was a collection of cash to be passed on to One Roof Leicester, working with people housed during the pandemic. Items were also collected and passed to Leicester Women’s Refuge, to be gifts for the people and families they support.
Weekday worship and one-off worship
Each Wednesday a short service is held at 1pm, with a Communion Service on the 1[st] Wednesday of each month. This was held on the first Wednesday of the month except during lockdowns. On average, the service was attended by three or four people.
The usual monthly lunchtime prayers shared by members of Churches Together in Leicester City Centre on the first Thursday in each month were suspended during the lockdowns.
A prayer diary was distributed to all members for use during the lockdown and beyond.
Bible Study
The Bible study group normally meets each Thursday at Bishop Street between 12 and 1.00pm. The group has not been able to meet since early March 2020 but was hoping to resume in September 2021. During lockdown, the members were in regular contact by telephone. Numbers attending the group vary between 4 and 7.
Worship consultation
Worship consultations are held during the year to plan services and special events over the forthcoming months. All members of the congregation are invited to attend the meetings which were held on Zoom during the lockdowns. Preachers in June 2021 were invited to join the “Bible Month” initiative which focussed on a specific book on Sunday mornings. There was no Chapel Anniversary service in 2020.
2. Learning and caring – to help people to learn and grow as Christians, through mutual support and care.
Membership
One person became a member in 2021 , one member sadly died, and one member left to live elsewhere. There were 53 members at the end of the Methodist year 31st August 2021. Pastoral group leaders and the minister were involved in weekly phone calls or emails to members of their groups during periods of lockdown. A few members contracted Covid-19 to varying degrees and all made a steady recovery.
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Pastoral care
Pastoral visitors have been keeping in regular contact with their groups. Informal contact by email, phone, text and letter has been maintained between members of the congregation, cell group members and Bible Study group members. The Connexional Prayer journals were distributed in the summer of 2021. Therefore, prayer and study have been encouraged through more resources.
The comic strip style booklet Have Horse will Travel by Sara Parratt-Halbert telling the story of John Wesley’s visits to Leicester and the eventual founding of Bishop Street Chapel in 1815 was printed in the autumn of 2020 and was made available for sale and distribution during the summer of 2021.
Social media
Following a previous decision to strengthen the Church’s online presence, work has continued on improving the website through the WordPress site
https://bishopstreetmethodistchurchsundaystuff.wordpress.com. There is also a flourishing Facebook group: Bishop Street Community which has been set up for regular postings and a WhatsApp group also helps to maintain contact with the more tech-minded members of the congregation.
Cell Group
The Cell Group has not met during the year September 2020 to August 2021 as Zoom was not felt to be suitable. It is planned to restart in October 2021
Environment
The church was finally able to install solar panels on the south-facing Church roof. The installers, Carbon Legacy Ltd, installed an array of 72 panels with a rated capacity of around 20.55kW, commissioned on 13[th] December 2020. Savings on our daytime electricity use from our own zero-carbon
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source picked up over the summer, and. over its first 12 months had generated an estimated 15MWh of electricity.
In the summer of 2021, the church was approached by De Montfort University Institute of Energy and Sustainable Development (IESD), to provide a case study for a project developing a Climate Action Toolkit for Community and Faith organisations. The toolkit was then to continue in preparation in conjunction with Leicester City Council, over the autumn of 2021, and will be a way for organisations to review and develop actions needed to reduce and address the climate impact of their buildings and activities.
Community Cycles, based in Pilgrim House, remained open for repairs to people’s bicycles, and to provide second-hand bikes for essential workers and anyone looking for a low-cost way of cycling. Over the spring of 2021 they were also part of the team installing and commissioning the Santander e-bike sharing scheme, which will provide 500 e-bikes at 50 stations around the city.
People in Vulnerable circumstances
The church continued to support asylum seekers within the congregation both pastorally and through Benevolent Fund collections taken on Communion Sundays. The Church’s food collections for the British Red Cross had ceased in 2019 when they withdrew this service and had been replaced by donations to the Zinthiya Trust who provided support to people in vulnerable circumstances through food parcels and their Community Shop. These collections had to be suspended during lockdown while the church was closed. . Open Church, on Mondays, in addition to serving refreshments, also provides a meeting place for a number of long-term unemployed people, people living on their own and people with health issues. Lockdown has curtailed Open Church, but Rental groups include a number of support and self-help groups which have continued.
Students
Students participate in the activities at the chaplaincy centres at their university. The Church is a link church to the Student Christian Movement and was represented at the Christian Union Freshers Fair at De Montfort University.
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Sunday School
With no in-person worship for much of the year, we were not able to hold Sunday School, and that restriction continued even when the constrained re-opening of Church Services began again. For the Sunday School members, material was added to the church blog/emails as well as sending birthday and Easter presents where possible. We were able to produce two remotely videoed plays during the year, both written by Fay Rowlands. “God is With Us Everywhere” is a Christmas play we were able to edit together to show at the in-person Carol Service. A “Palm Sunday Reflection” video was used within the zoom service. In the summer of 2021 two of the regular members moved away.
3. Service – to be a good neighbour to people in need and to challenge injustice.
Chapel Café
The Chapel Café continues to be run by the Zinthiya Trust and has been open 6 days a week, except during lockdowns. It is a Social Enterprise venture where people are supported into employment through work placements and apprenticeship. They are offered training and qualifications in Customer Service and Food Safety. It supports the church in being a welcoming and accepting place to anyone in the community and encourages groups to use the café for a variety of events.
Three trained and supervised listeners offer a “listening ear” three mornings a week in the Café. Telephone listening relationships could be established where beneficial, especially during the lockdowns.
Community Groups
The building continues to be heavily used throughout the week, with a mix of self-help groups, community organisations, charities and Christian groups. Regular user groups include:
7 Alcoholics Anonymous groups
2 Narcotics Anonymous groups
1 Cocaine Anonymous group
‘In Stiches’ Morning Knitting group
Other organisations that make use of us monthly or from time to time include Citizens Advice, Civil Service pensioners meetings, Macular Society support meetings, Victorian Society winter programme, Choir rehearsals.
During lockdown the church has been able to remain open for Covid compliance support meetings such as AA/CA/NA with additional compliance checks on top of the guidance
Inter Faith
In 2020 the Methodist Church Connexion encouraged member congregations to make contact with local mosques with the aim of setting up a twinning arrangement which would help in the development of better interfaith relations between Methodists and Muslims. The Rev Fran Rhys enrolled Bishop Street Methodist Church in this initiative and in November 2020 the church was linked with Abdul Gheewala and Sis Yasmin Surti of the Islamic Education Trust Masjid Al Falah Mosque in Keythorpe Street. Two meetings via Zoom were held between these individuals and Bishop Street church members where discussion included ways in which faith and belief help shape everyday life and how the different groups were adapting to Covid restrictions. These were very friendly and productive sessions and members also took part in a Zoom feedback session with all the churches who had taken part in the initiative. The usual interfaith meetings at Bishop Street arranged by Christians Aware did not take place in 2020 because of Covid restrictions.
Property
Throughout the year, as well as routine maintenance, measures have been taken to achieve and maintain Covid compliance at varying levels depending upon the lockdown guidance. The solar panels were fitted in 2021 and lots of painting was done during lockdown.
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Leases
The negotiation of leases has been on-going in 2020-21. Following protracted discussions, a lease of the first-floor front office in Pilgrim House was granted to an accountant. The large back office on the first floor of Pilgrim House was occupied by the Zinthiya Trust from 1 March 2021.
School visit
Owing to the lockdown restrictions, it has not been possible to host a school visit this year.
4. Evangelism – to make more followers of Jesus Christ
Art at the Chapel
Arts Enabler Leonie DuBarry-Gurr continued to support and encourage the use of the Chapel as an exhibition venue since re-opening after the third lockdown. She made use of her extensive and strong links with creative communities in Leicester which led to many new people being introduced to the premises via exhibitions and creative groups.
Leicester Lo-Fi Photography has maintained its presence in the basement of the church and had an exhibition in the church. This has now extended to an open club meeting on a Wednesday afternoon. A weekly community poetry group Wordplay has been established and is open to all.
Leonie DuBarry-Gurr terminated her position with the Church at the end of July 2021 to set up an Events Company but hopes to foster a mutually beneficial working partnership to mount future exhibitions.
Art Exhibitions
A number of exhibitions had to be delayed due to Covid.
Organ Concerts
The popular monthly organ concerts on fourth Thursday lunchtimes had been severely curtailed by the first lockdown and it was not practical to re-commence the programme before further lockdowns intervened.
Talks in the Chapel
The programme of Talks in the Chapel was severely disrupted by Covid and no talks were held during the period of this report.
Heritage
A Heritage Open Day was held on Saturday 12[th] September 2020 to coincide with the Leicestershire and Leicester Historic Churches Trust Ride and Stride Day.
The ‘What makes a Methodist’ display was laid out in the Heritage room. 35 people visited the room, several used the handheld boards to guide them round the church and there were enquiries about the War Memorial information.
There was a Remembrance Sunday Service in November 2020 held on Zoom owing to the second lockdown. The service included a talk which was recorded at the War Memorial in Victoria Park featuring the life story of Stanley Edgar Pallett who served in the First World War and survived the war. A booklet, Bishop Street Methodist Church Organ, giving a detailed history of the organ and its case, was produced by Paul Hales and was available from August 2021.
Copies of the booklet ‘Have horse will travel’ the story of how John Wesley came to Leicester, arrived in Bishop Street in October 2020. Copies were finally distributed to the congregation in May 2021 when church services could be held in the building. Both booklets will be for sale. Regular meetings of the Heritage team were not held due to the periods of lock down.
Liaison with Church self-help groups
The Liaison Worker continued to build bridges between the congregation and premises user groups by getting to know leaders and members of support groups and other user groups, such as the In Stitches
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Craft group and the One Roof Leicester Winter Night Shelter volunteer team. Engagement with the groups had progressed well and some interest had been shown in Christian Spirituality and literature made available to the groups by the Liaison Worker. Many of the independent self-help groups felt positive about links with the Church. The Liaison Worker terminated his employment in May 2021 to take up a full-time inter-faith position elsewhere.
5. Governance, Structure and Management
GOVERNANCE
The appointment of Trustees and other officers follows the Constitutional Practice and Discipline of the Methodist Church (CPD). The primary governing body of Bishop Street Methodist Church is the Church Council (the trustees), which is responsible for the general oversight of the church. The four trustees marked[--] additionally perform roles for the Leicester Trinity Methodist Circuit, a charity related to Bishop Street Methodist Church, for which they receive stipends, expenses or other remuneration from that charity in line with Methodist charity governance and procedures.
Annual General Meeting
All Church members can attend this meeting and are invited to raise any issue. Church Stewards and Church Representatives are elected at this meeting. The meeting was held via video conferencing this year.
Church Council
The Church Council comprising Office holders, elected Church Stewards, elected Church Representatives, Circuit ministerial staff and a Circuit Steward meets three times a year. The Council is chaired by the Minister. All decisions taken at Church Council are minuted, and a summary is circulated via the church notices. The Church has had vision planning meetings at least three times during the year, including through video conferencing. The Church Council has oversight of the Finance and Property Commitee, Forward Planning Group and the Safeguarding Group.
THE TRUSTEES
The Trustees who served the charity were:
Officer holders --Rev Fran Rhys (Chair) Alison Skinner (Secretary) Martin Briers (Treasurer) Patsy Green (Pastoral Secretary) Pelani Ziba (Health & Safety)
Stewards
Margaret Byron, Peter Chitsenga Mary Gill (Senior steward) Tony Moore, Tanvi Pate Boas Lee (retired May 2021) Hope Ncube (retired May 2021) Francisca Incoom (retired May 2021) Robin Stevenson (from May 2021) Esther Stevenson – Junior Steward (from May 2021)
Church reps Circuit reps Deirdre Brunning - Pedzi Katsande Leon Dundas (to April 2021)[--] Rev Paula Hunt Margaret Mackley[--] Rev Derek McLean Miriam Stevenson Gillian Butcher
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STRUCTURE
Bishop Street Methodist Church is part of the Leicester Trinity Methodist Circuit, and the Northampton District of the Methodist Church of Great Britain.
a) Finance and Property Committee
The major risks are identified and recorded by the Finance and Property Committee. The committee prepares accounts and budget and oversees day-to-day finance and property matters. Income and Expenditure is monitored in total and is compared with the approved annual budget on a monthly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserves. A regular annual review process is undertaken and recorded. The Trustees have agreed financial management arrangements requiring dual signatures on all cheques, and prior approval for all, except minor items, of expenditure. Church Council delegated to Finance and Property Committee the approval of Covid-19 risk assessments. The Centre Administrator, Chris Parker, was made the Covid-19 responsible person once the church reopened after the first lockdown and has continued in that role. The group has continued to meet via video conferencing.
b) Forward Planning Group
This group, open to all members of the congregation, meets to plan future activities. This group was involved in the vision planning process and continues to meet via video conferencing.
c) Safeguarding Group
This group oversees all issues related to Safeguarding. Bishop Street 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. New volunteers and post-holders within the church undertook the ‘Creating Safer Space Foundation Module’ safeguarding training organised by the Methodist Church. Volunteers are recruited, selected and supervised according to the Safer Recruitment Policy. DBS checks and renewals were carried out even during the lockdowns. A lone-working policy is in operation.
MANAGEMENT
Paid staff and volunteers
Day to day management of the premises is delegated to the Centre Administrator, Chris Parker, who is also the church cleaner. He was furloughed between January and May 2021 for 4 ½ months. The Liaison Worker continued to build bridges with premises user groups and was also furloughed from January 2021 until leaving in February to take up another post; Art at the Chapel work was staffed by the Arts Enabler and supported by the Administrator; the cleanliness of the premises is maintained by the cleaner. All employees undergo an annual appraisal and take part in regular supervisions and reference group meetings.
6. FINANCE
i. Financial Review
The finances continued to be seriously impacted by the Covid-19 Pandemic which will continue into 2021-22. Total collections (cash, envelopes and standing orders) stabilised following the 13.1% reduction in 20219-20.
The main area impacted by Covid-19 was Lettings which reduced by a further 63% to £4,376 following a reduction of 48.6% in 2019-20. This was in part offset by a £5,000 from the Leicester City Council Business Support Grant.
Changes in tenancies in Pilgrim House and a re-negotiation of rent produced an increase in overall Rental Income of £2,897
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An £8,000 grant was received from the Northampton Methodist District towards the cost of Solar Panels.
Methodist Insurance settled the claim following the break-in in February 2020 for £1,616.
Total receipts on unrestricted funds were £62,397, a reduction of approximately 2.4% on the previous year and a slight improvement on the previous 3.6%.
Our Circuit Assessment contribution, calculated on a formula basis involving membership, attendance, income and reserves, again increased 14.3% on top of the 7.4% in 2019-20.
A significant item of Expenditure was the £21,776 cost of the installation of Solar Panels funded by money from the church’s Solar Panel and Energy Efficiency Funds and the grant from the Northampton Methodist District mentioned earlier. The VAT element was recovered under the Listed Places of Worship Grant Scheme.
The net result for the year was a Deficit of £21,559 on unrestricted funds. The outstanding loan to the Leicester Trinity Circuit was reduced to £13,000 following a repayment of £1,000.
The accounts include a small restricted fund held, and administered, on behalf of Churches Together in Leicester City Centre which at 31[st] August 2021 amounted to £417.
ii Reserves
- (a) General (Unrestricted) and (Designated) Funds. This includes our Bank (Co-operative Community Directplus) and Central Finance Board (“CFB”) accounts plus cash in hand. At the end of the financial year (31.8.21) this totalled £24,488 but includes the outstanding interest free loan from the Leicester Trinity Methodist Circuit of £13,000.
We aim ideally to hold in reserves sufficient money in our General Fund to cover six months budgeted expenditure.
Designated Funds
The two Designated Funds at 31.8.21 were £10,102 (Liaison Worker Fund) and £14,386 (Energy Efficiency Project).
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RESPONSIBILITIES OF THE TRUSTEES
The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales 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:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records 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 and the Charity (Accounts and Reports) Regulations 2008. 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.
INDEPENDENT EXAMINER
Barry Wilford has been re-appointed as independent examiner for the ensuing year.
Signed on behalf of the trustees Rev Liam Dacre-Davis Chair
7 October 2021
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INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF BISHOP STREET METHODIST CHURCH LEICESTER
YEAR ENDED 31 AUGUST 2021
I report on the accounts of the charity for the year ended 31 August 2021 set out on pages 1415.
RESPECTIVE RESPONSIBILITIES OF TRUSTESS AND INDEPENDENT EXAMINER
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under Section 145 of the Charities Act
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to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the Charities Act); and
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to state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER’S STATEMENT
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by a charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER’S STATEMENT
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material aspect the requirements:
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to keep accountings records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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(3) I have not obtained independent verification of all investments with the Trustees for Methodist Church Purposes ("TMCP") or held in other Trusts, Bank balances and Funds at the Central Finance Board of the Methodist Church ("CFB"), which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.
Barry Wilford Independent Examiner
7 Wickham Road Oadby Leicester LE3 5SJ
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28 September 2021
Bishop Street Methodist Church Statement of Financial Activities
For the period from 1 September 2020 to 31 August 2021
| Unrestricted Funds |
Restricted Funds £ 357 10 - 8,309 14,869 - 749 21,773 - 6,790 29,312 (14,443)) 23,507 |
Restricted Funds £ 357 10 - 8,309 14,869 - 749 21,773 - 6,790 29,312 (14,443)) 23,507 |
Totals this year £ 14,710 126 33,253 20,504 77,266 28,214 1,854 32,164 12.951 38,085 113,268 (36,002) 63,569 |
Totals this year £ 14,710 126 33,253 20,504 77,266 28,214 1,854 32,164 12.951 38,085 113,268 (36,002) 63,569 |
Totals last year |
||
|---|---|---|---|---|---|---|---|
| Not e |
£ | £ | £ | ||||
| RECEIPTS | |||||||
| Offerings and Tax recoverable | 14,353 | 357 | 15,525 | ||||
| Bank and CFB interest and Investment Income |
116 | 10 | 516 | ||||
| Lettings | 33.253 | - | 37,699 | ||||
| Other receipts | 12.195 | 8,309 | 20,504 | ||||
| TOTAL RECEIPTS | 62,397 | 14,869 | 74,244 | ||||
| PAYMENTS | |||||||
| Circuit Assessment or Share | 28,214 | - | 24,674 | ||||
| Donations | 1,105 | 749 | 1,655 | ||||
| Repairs and Maintenance | 10,391 | 21,773 | 4,745 | ||||
| Utilities (Insurances, water charges, heating & lighting) |
12,951 | - | 16,537 | ||||
| Other payments | 31,295 | 6,790 | 37,380 | ||||
| TOTAL PAYMENTS | 83,956 | 29,312 | 84,991 | ||||
| NET RECEIPTS/PAYMENTS FOR THE YEAR |
(21,559) | (14,443)) | (10,747 | ||||
| Total funds brought forward from last year |
40,062 | 23,507 | 74,316 | ||||
| Sub-total | 39,460 | 24,108 | 63,569 | 63,569 | |||
| Transfers and adjustments | - | - | |||||
9,064 |
27,567 | ||||||
| TOTAL FUNDS AT END OF YEAR |
18,503 | 9,064 | 27,567 | 63,569 |
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BANK BALANCES AND FUND BALANCES
| BANK BALANCES |
OPENING BALANCES 1 September 2020 |
CLOSING BALANCES 31 August 2021 |
|---|---|---|
| £ | £ | |
| Cash in hand | 19 | 21 |
| Co-operative Bank Current Account | 13,178 | 11,796 |
| Central Finance Board Bank (CFB) | 35,411 | 23,761 |
| Trustees for Methodist Church Purposes (TMCP) | 28,961 | 4,987 |
| Other funds | (14,000) | (13,000) |
| TOTAL CASH FUNDS HELD BY CHURCH | 63,569 | 27,567 |
| OTHER ASSETS AND LIABILITIES | 1 September 2020 31 August 2021 | |
| £ | £ | |
| Investments (including Endowments) | ||
| Land & Buildings | 1,281,846 | 1,314,917 |
| Other Assets | ||
| Loan(s) | ||
| Other Liabilities |
| FUND BALANCES |
1 September 2020 | 31 August 2021 |
|---|---|---|
| £ | £ | |
| Unrestricted | ||
| General Fund | 21,905 | 7,920 |
| Leicester Trinity Circuit Loan | (14,000) | (13,000) |
| TOTAL GENERAL FUND | 7,905 | (5,080) |
| Designated | ||
| Energy Efficiency Fund | 18,975 | 14,386 |
| Liaison Worker Fund | 12,369 | 10,102 |
| Art at the Chapel Sales | 813 | - |
| TOTAL DESIGNATED FUNDS | 32,157 | 24,488 |
| Restricted | ||
| Art at the Chapel | 6,216 | 2,693 |
| Benevolent Fund | 130 | 628 |
| CTLCC – Christians Together in Leicester City Centre |
417 | 417 |
| Development Fund | 1,940 | 2,314 |
| Flower Fund | 168 | 168 |
| Heritage Fund | 5,103 | 1,840 |
| Mission in Leicester City Centre | 906 | - |
| Organ Fund | 97 | 98 |
| Solar Panels | 8,531 | - |
| TOTAL RESTRICTED FUNDS | 23,506 | 8,158 |
| TOTAL CHURCH FUND BALANCES | 63,569 | 27,567 |
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