BISHOP STREET METHODIST CHURCH, LEICESTER
ANNUAL REPORT AND FINANCIAL STATEMENT FOR YEAR ENDED 31 AUGUST 2022
Artwork presented to Bishop Street Methodist Church by Rev. David Clark, now on display in the Prayer Corner.
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 2021 to 31[st] August 2022 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, the continuing effects of three Covid lockdowns still 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 and the Church gradually resumed its activities.
CONTEXT
Bishop Street Methodist Church provides regular acts of worship open to members of the church and non-members 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.
The church community consists of people from a variety of social contexts and cultural 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.
Revd Liam Dacre-Davis was appointed to be our minister from 1[st] September 2021 and warmly welcomed with his family. He is also pastorally responsible for South Wigston Methodist Church. At that time, we also became a ‘link church’ for Sincere as she completes two years of her ministerial training at Queens Foundation, Birmingham.
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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
2. 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
3. Service – to be a good neighbour to people in need and to challenge injustice;
Chapel Café Community Groups Interfaith Property Educational 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. Throughout the year, Sunday Morning worship services have been held live in the Church and have continued to flourish. Services sometimes follow a theme, such as during Advent and Lent. Almost all services are recorded and posted on YouTube later in the day, for use by people who are housebound, unable to attend through work or other commitments and those living at a greater distance.
Local preachers and ministers’ worship material was uploaded here: https://bishopstreetmethodistchurchsundaystuff.wordpress.com/
The Church offers facilities for baptisms, weddings and funerals, with accompanying pastoral care.
The Chapel Anniversary Service held on 7[th] November 2021 was led by the minister.
In December we celebrated Advent with a Gift Service, Sunday School Nativity Play, Carol Service, Christmas Day service and worship on December 26[th] .
Our Advent Worship was based on the book, “Cloth for the cradle” and in the run-up to Christmas an evening service entitled ‘Blue Christmas’ was led by Revd Liam Dacre-Davis. The ‘Sing Christmas’ event in Town Hall Square was an opportunity to share the Radio Leicester Carol Service with people in Town Hall Square, including several running clubs who included us on their Christmas run. The annual Covenant Service was held on 9[th] January 2022.
The first Sunday in Lent, 6[th] March 2022, was our annual Gift Service, led by (Anglican Priest) Revd David Clark. He talked about the imagery in the painting of The Last Supper which he had presented the previous autumn, and which has been on display in the ‘Prayer Corner’. The Sunday Lent series for 2022 was based on Psalms and an Online evening lent course led by Rev Liam Dacre-Davis entitled ‘Life on the Breadline’, was run as a joint course with South Wigston Methodist Church. Our Good Friday service was the first one held in person post-lockdown and led by the Bishop Street Worship team and minister. It was based around powerful images of the Eisenstein altarpiece by Gruenwald and attended by over 40 people from various churches around Leicester.
Preachers in June 2022 were invited to join the “Bible Month” initiative which focussed on the book of Isaiah on Sunday mornings.
Appeals
We did not have a collection for Christian Aid but encouraged people to donate individually.
There was no Lent collection, but we encouraged people to donate directly to a Ukrainian appeal such as through All We Can or British Red Cross
The Harvest Gifts for 2021 were passed on to the Zinthiya Trust “Community Shop” for distribution to people struggling to get enough food. After the Harvest Festival service, we re-started the provision of after-service refreshments to the congregation.
The Christmas Post Box donations raised £156 which was sent to All We Can towards its “Buy a goat”
appeal. The sum was sufficient to buy three goats in Zimbabwe.
The Christmas Gifts donated at the Christmas Gift Service were passed on to Leicester Women’s Aid, After18 refugee support group and the homelessness charity One Roof/Community of Grace.
Following the completion of the Easter Offering, the sum of £77.68 was forwarded to the Methodist Church World Mission Fund.
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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. Although attendance is generally low, the service is of considerable value to those who do attend and forms an important Act of Witness.
Bible Study
The Bible study group recommenced at the end of April 2022 to complete the reading of St Matthew’s gospel. They then began to read the gospel of St Mark. A regular group of 4 - 8 people attend each Thursday from 12.00-1.00pm.
Worship consultation
Worship consultations, also incorporating Forward Planning from May 2022, 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.
2. Learning and caring – to help people to learn and grow as Christians, through mutual support and care.
Membership
The Church rejoiced in a double baptism on April 3[rd] 2022 when Jesse, daughter of Francisca and Charles and Blankson son of Francis and Laita were baptised.
Sadly Sophia, a much loved and faithful member of the congregation, died in July 2022. A funeral and memorial service was held for her before her body was returned to Zimbabwe for burial.
The Membership list was updated to remove the names of persons, including some asylum seekers, who no longer had a connection with the Church. This resulted in the Church having 47 members at the end of the Methodist year 31st August 2022. Pastoral group leaders and the Minister were involved in weekly phone calls or emails to members of their groups during periods of difficulty or ill-health.
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 care of the Pastoral Visitors has highlighted individual cases in which the church’s Benevolence Fund has then been used to support people in times of hardship.
The Connexional Prayer Handbooks were distributed in the summer of 2022. Therefore, prayer and study have been encouraged through more resources.
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 restarted in October 2021 after the enforced Covid-19 break. Initially it continued with and completed the book "The Meaning in the Miracles" by Jeffrey John which the group had started before lockdown. At the beginning of 2022 the group decided to meet regularly on the third Wednesday of the month from 2pm – 3pm and to start a book by the American theologian Michael Gorman, entitled “Reading Paul”. This had been studied by the District theology book group and was deemed suitable for non-theologians! It has proved to be a good choice, very informative and provoking interesting discussions which have greatly increased the groups understanding and appreciation of Pauls writings.
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Environment
The regular monitoring of the solar panels installed in December 2020 demonstrated that there had been a drop-off in performance during 2021 (This was complicated by an absence of Wi-Fi at various points, meaning sometimes the records were absent even though generation was underway). After several visits by the installers, a bad connector was identified in mid July 2022, since when the panels were returned to full strength. Despite the drop-off, we were still able to record some 10.5MWh of generated electricity during the 2021-22 year (not including the ‘unrecorded’ periods without Wi-Fi).
The small rear courtyard contains a flower-bed and various planters which are maintained by volunteers from some of the AA groups that meet at the church during the week.
People in Vulnerable circumstances
The church continued to support asylum seekers within the congregation both pastorally and through Benevolent Fund collections taken at Communion Services.
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. Rental groups include a number of support and self-help groups which have continued.
Students
The church welcomes a small number of students from both De Montfort University and the University of Leicester and seeks to encourage their participation. Rev Liam Dacre-Davis has been involved in the Chaplaincy of the University of Leicester since the end of the 2021-2022 academic year. His commitment to this role will increase in September 2023 following changes to his Circuit responsibilities.
Sunday School
Throughout 2021-22 Sunday School continued to be offered on the weeks when young people were able to be at church. This often meant between 2 and 6 youngsters with ages ranging from 3 to 14. From time to time we were able to produce items to share with the congregation towards the end of the service. The 2021 Nativity Play, ‘Hope is Coming’, by Fay Roland, was a mix of pre-recorded and live puppets, featuring Don Key, a chat-show host, and a selection of ‘guests’.
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 normally been open 6 days a week. 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.
Two trained and supervised listeners offer a “listening ear” three mornings a week in the Café. Telephone listening relationships could be established where beneficial.
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
5 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 Civil Service Pensioners meetings, Leicestershire Great Railway AGM, PCO surgeries in the café, Optelex awareness and Macular Society support meetings, Victorian Society winter and spring programme, Headway art and awareness, Choir rehearsals and concerts.
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Inter Faith
There were no in-person Christians Aware talks at the church during Interfaith Week because of COVID infection worries. However, some online talks were arranged by Christians Aware instead and were much appreciated by all who took part.
Property
Throughout the year, routine maintenance has continued as necessary including electrical inspection and testing, main distribution panel upgrade to latest standards, solar panel optimisation, painting of the Barrett room, outside garden area improvements, LED lighting upgrade in cellar and office spaces including motion detection in key areas, CCTV 8 camera system installed, accessible toilet cistern upgrade, church space heater gas trim and optimisation to improve efficiency, and conversion of the church main lighting to LED was started.
Educational visit
We had a visit from U3A Hinkley College in June which included a visit to the heritage room.
4. Evangelism – to make more followers of Jesus Christ
Art at the Chapel
Bishop Street’s former Arts Enabler, Leonie, has used her newly established Events company to foster a mutually beneficial working partnership to mount a number of exhibitions.
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.
Art Exhibitions
From Monday 22nd November to Sunday 12th December 2021 we hosted ‘Bible Yarns. The threads that connect us together’, a craft exhibition of knitted characters and scenes depicting well-known Bible stories produced by a church in Shropshire.
Other exhibitions during the year included Black History Month, Creative lockdown, Heritage exhibition, Headway Art and Art reach.
Organ Concerts
The regular organ concerts by guest organists did not recommence owing to the impact of Covid-19 on performers and audience alike. The church organist played Carols for Christmas in December which were appreciated by the visitors to the Café.
Talks in the Chapel
There was no programme of Talks in the Chapel owing to concerns about Covid infection.
Heritage
The church was open for Heritage Open Day and Bike and Stride visitors (raising money for the Leicestershire Historic Churches Trust) on Saturday 11[th] September 2022.
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.
The Remembrance Sunday Service was held once again in the church in November 2021 when Alison gave a talk about Herbert Ranshall Rowe, the son of one of Bishop Street's long standing organists. Herbert Rowe fought in the East Africa sector of World War1 and survived, but later returned to Africa to build railways to replace those destroyed in the war .
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Liaison with Church self-help groups
The Church Administrator 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 Craft group and the One Roof Leicester Winter Night Shelter volunteer team. Engagement with the groups had progressed well and many of the independent self-help groups felt positive about links with the Church.
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 after Sunday Worship on 8[th] May 2022.
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 Liam Dacre-Davis (Chair) Alison Skinner (Secretary) Martin Briers (Treasurer) Patsy Green (Pastoral Secretary until May 2022) Miriam Stevenson (Pastoral Secretary from May 2022) Pelani Ziba (Health & Safety)
Stewards
Margaret Byron, Peter Chitsenga Mary Gill (Senior steward) Tony Moore, Tanvi Pate Robin Stevenson Esther Stevenson – Junior Steward
Church reps Circuit reps Deirdre Brunning - Pedzi Katsande Robin Stevenson[-- ] Rev Paula Hunt Margaret Mackley - Rev Derek McLean Miriam Stevenson Gillian Butcher
STRUCTURE
Bishop Street Methodist Church is part of the Leicester Trinity Methodist Circuit, and the Northampton District of the Methodist Church of Great Britain.
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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. 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 who is also the church cleaner and has supported the work of Art at the Chapel; 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 2022-23. Total collections (cash, envelopes and standing orders) including Gift Aid showed a slight increase on 2020-2021.
Lettings recovered following the effects of the various Covid lockdowns, showing a welcome increase of £8,471, although this was still not up to the pre-Covid levels.
Changes in tenancies produced an overall increase in Rental Income of £10,116.
A grant of £6,212 was received from the Leicester Trinity Methodist Circuit.
Total receipts on unrestricted funds were £77,501, a reduction of approximately 2.4% on the previous year.
Our Circuit Assessment contribution, calculated on a formula basis involving membership, attendance, income and reserves, increased by 2% following the 14.3% increase in 2020-21.
The net result for the year was a Deficit of £10,471 on unrestricted funds. The outstanding loan from the Leicester Trinity Circuit remains at £13,000.
The accounts include a small restricted fund held, and administered, on behalf of Churches Together in Leicester City Centre which at 31[st] August 2022 amounted to £417 .
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ii Reserves
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 (31.8.22) this totalled £21,938 but included the outstanding interest free loan from the Leicester Trinity Methodist Circuit mentioned earlier.
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). No further expenditure was envisaged in respect of these funds and Church Council therefore agreed that the remaining amounts be transferred to the General Fund.
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
11 October 2022
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INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF BISHOP STREET METHODIST CHURCH LEICESTER
YEAR ENDED 31 AUGUST 2022
I report on the accounts of the charity for the year ended 31 August 2022 set out on pages 12-13.
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 13 September 2022
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Bishop Street Methodist Church Statement of Financial Activities
For the period from 1 September 2021 to 31 August 2022
| Unrestricted Funds |
Restricted Funds £ 383 - - 1,422 1,805 - 734 - - 101 835 970 8,368 |
Restricted Funds £ 383 - - 1,422 1,805 - 734 - - 101 835 970 8,368 |
Totals this year £ 14,923 94 51,840 12,449 79,306 28,778 1,759 10,577 17,868 29,825 88,807 (9,501) 27,567 |
Totals this year £ 14,923 94 51,840 12,449 79,306 28,778 1,759 10,577 17,868 29,825 88,807 (9,501) 27,567 |
Totals last year |
|
|---|---|---|---|---|---|---|
| £ | £ | £ | ||||
| RECEIPTS | ||||||
| Offerings and Tax recoverable | 14,540 | 383 | 14,710 | |||
| Bank and CFB interest and Investment Income |
94 | - | 126 | |||
| Lettings | 51,840 | - | 33,253 | |||
| Other receipts | 11,027 | 1,422 | 29,178 | |||
| TOTAL RECEIPTS | 77,501 | 1,805 | 77,266 | |||
| PAYMENTS | ||||||
| Circuit Assessment or Share | 28,778 | - | 28,214 | |||
| Donations | 1,025 | 734 | 1,854 | |||
| Repairs and Maintenance | 10,577 | - | 32,164 | |||
| Utilities (Insurances, water charges, heating & lighting) |
17,868 | - | 12,951 | |||
| Otherpayments | 29,724 | 101 | 38,085 | |||
| TOTAL PAYMENTS | 87,972 | 835 | 113,268 | |||
| NET RECEIPTS/PAYMENTS FOR THE YEAR |
(10,471) | 970 | (36,002 | |||
| Total funds brought forward from last year |
19,198 | 8,368 | 63,569 | |||
| Sub-total | 8,727 | 9,338 | 18,066 | 27,567 | ||
| Transfers and adjustments | 210 | (210) | - | - | ||
| TOTAL FUNDS AT END OF YEAR |
8,938 | 9,128 | 27,567 |
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BANK BALANCES AND FUND BALANCES
| BANK BALANCES |
OPENING BALANCES 1 September 2021 |
CLOSING BALANCES 31 August 2022 £ 163 8,937 21,966 - (13,000) 18,066 31 August 2022 £ 1,337,270 - - - 31 August 2022 |
CLOSING BALANCES 31 August 2022 £ 163 8,937 21,966 - (13,000) 18,066 31 August 2022 £ 1,337,270 - - - 31 August 2022 |
|---|---|---|---|
| £ | £ | ||
| Cash in hand | 21 | 163 | |
| Co-operative Bank Current Account | 11,796 | 8,937 | |
| Central Finance Board Bank (CFB) | 23,761 | 21,966 | |
| Trusteesfor Methodist Church Purposes (TMCP) | 4,987 | - | |
| Other funds | (13,000) | (13,000) | |
| TOTAL CASH FUNDS HELD BY CHURCH | 27,567 | 18,066 | |
| OTHER ASSETS AND LIABILITIES |
1 September 2021 | ||
| £ | £ | ||
| Investments (including Endowments) | |||
| Land & Buildings | 1,314,917 | 1,337,270 | |
| Other Assets | - | - | |
| Loan(s) | - | - | |
| Other Liabilities | - | - | |
| FUND BALANCES |
1 September 2021 | ||
| £ | £ | ||
| Unrestricted | |||
| General Fund | 7,920 | 8,938 | |
| Leicester Trinity Circuit Loan | (13,000) | (13,000) | |
| TOTAL GENERAL FUND | (5,080) | (4,062) | |
| Designated | |||
| EnergyEfficiencyFund | 14,386 | - | |
| Liaison Worker Fund | 10,102 | - | |
| TOTAL DESIGNATED FUNDS | 24,488 | - | |
| Restricted | |||
| Art at the Chapel | 2,693 | 2,693 | |
| Benevolent Fund | 628 | 1,117 | |
| CTLCC – Christians Together in Leicester City Centre |
417 | 417 | |
| Development Fund | 2,314 | 2,774 | |
| Flower Fund | 168 | 153 | |
| HeritageFund | 1,840 | 1,876 | |
| Mission in Leicester City Centre | - | ||
| Organ Fund | 98 | 99 | |
| Solar Panels | - | ||
| TOTAL RESTRICTED FUNDS | 8,158 | 9,129 | |
| TOTALCHURCH FUND BALANCES | **27,567 ** | 18,066 |
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