**BISHOP STREET METHODIST CHURCH, LEICESTER**
## **ANNUAL REPORT AND FINANCIAL STATEMENT FOR YEAR ENDED 31 AUGUST 2024**
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Harvest Table, September 2023
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**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 2023 to 31[st] August 2024 reflects the calling of the Methodist Church in Great Britain which is set out as follows:
## **The aims of the Methodist Church are:**
1. Worship – to increase awareness of God’s presence and to celebrate God’s love;
2. Learning and caring – to help people to learn and grow as Christians, through mutual support and care;
3. Service – to be a good neighbour to people in need and to challenge injustice;
4. 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. Essential support groups and two of the leaseholders of church property, the Zinthiya Trust and Community Cycles, were able to continue providing much needed services to the community.
## **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 must 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.
Our Minister Revd Liam Dacre-Davis has continued to develop his involvement in the life and work of the Church whilst also providing much needed support to Circuit colleagues and in his role as Methodist Chaplain to the University of Leicester.
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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 Training for Stewards and Local Preachers Social Media 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 Concerts Outreach 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 in the Church and have continued to flourish. Services sometimes follow a theme, such as during Advent and Lent. Most of the 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. We were delighted to welcome baby April into our community by baptism on 14[th] April 2024 followed by a lunch of pizza and cake.
Our Harvest Festival Service with Holy Communion was conducted by Rev Liam Dacre-Davis on Sunday 1[st] October 2023 and preceded on Saturday 30[th] September by a Fish & Chip harvest supper which was very well attended.
It was a privilege that our Chapel Anniversary Service held on 29[th] October 2023 was conducted by Revd Dr Helen Cameron, Chair of the Northampton District, who encouraged and inspired us.
In December we celebrated Advent with a Gift Service, impromptu “Pop-Up” Nativity Play drawing on members of the congregation, a Church festive “come and share” Advent lunch, a Christmas Eve Carol Service, and Worship on Christmas Day.
The theme for Advent was “Out of the Ordinary” and on the second Sunday, Rev Liam Dacre-Davis led ‘Blue Christmas’, a gentle service for those who find Christmas sad or difficult. The annual Covenant Service was held on Sunday 7[th] January 2024.
In keeping with the Lent theme “Unbounded Love” set by the Methodist Church for 2024, our Lent services followed a liturgy based on Charles Wesley’s hymn “Love Divine”. A 5 week online evening Lent course, incorporated into the Circuit Sunday Evening online-service and exploring the hymn “And can it be”, was followed by Rev Liam Dacre-Davis and a number of members.
The Annual Leicester Methodist Good Friday service was led by the Bishop Street Worship team and Minister at 11.00am and was well supported by our own congregation and those from various churches around Leicester.
In a second event on Good Friday at 1.00pm, we enjoyed a moving performance by the University of Leicester String Quartet of Haydn’s “Seven Last Words” with a new sequence of poems prepared by a church member.
In June 2023, Sunday morning preachers were invited to take part in the “Bible Month” initiative which focused on the book of Genesis.
A number of Local Arrangement services were held throughout the year and ably led by our Worship Leaders and Worship Team. Topics included the Lent theme of Love Divine; Racial Justice Sunday; material prepared by the Christian women of Palestine for the World Day of Prayer; and befriending services available through MHA Methodist Homes.
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## **Appeals**
The envelope collection for Christian Aid from 12-19 May raised £76.00 in cash which was increased by Gift Aid offerings.
The Lent Appeal received donations totalling £81.00 for the Joliba Trust which works in Mali supporting farmers in two of the country’s poorest central and southern regions.
The Easter Offering envelopes raised the sum of £180.00 for the Methodist Church World Mission Fund and a Dedication Service was held at Trinity Oadby Methodist Church on 28[th] April when the theme was “Let Justice Roll”.
The Harvest Gifts for 2023 were passed on to the Zinthiya Trust “Community Shop” for distribution to people struggling to get enough food.
The Christmas Post Box for the exchange of Christmas cards amongst Church members was as popular as ever and raised £84.32 in donations to support the work of the International Red Cross.
The Christmas Gifts donated at the Christmas Gift Service were passed on to Leicester Women’s Aid, After18 refugee support group and the homelessness charities One Roof/Community of Grace.
Our Annual Gift Appeal was launched at the end of April and ran throughout May 2024. The appeal for an ‘extra’ gift of money for the general church funds raised the sum of £2,009.
## **Weekday worship and one-off worship**
As support for and attendance at the weekly midweek Wednesday service and monthly midweek Communion Service declined yet further, a decision was taken to discontinue these Services.
## **Bible Study**
The Bible study group continued to meet regularly each week and completed the reading of St Mark’s gospel before moving on in the New Year to commence reading the gospel of St Luke. A dedicated group of 4 - 8 people attend each Thursday from 12.00 -1.00pm.
## **Worship consultation**
Worship consultations, also incorporating Forward Planning, were held during the year to plan services and special events over the forthcoming months. All members of the congregation were 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 Membership list was updated to remove the names of persons who no longer had a connection with the Church. This resulted in the Church having 35 members at the end of the Methodist year 31st August 2024. Pastoral group leaders and the Minister were involved in regular phone calls or emails to members of their groups during periods of difficulty or ill-health.
The Church congregation is made up of people from a diverse spread of church traditions and backgrounds who nevertheless find a sense of community and belonging at Bishop Street. This reflects the nature of a city centre church, and broader societal trends (i.e. a diminishing interest in identifying with a particular tradition).
In addition to the Members, there are a number of “adherents” at least 5 of whom can be identified as having joined before 31st August 2024 who have stayed as regular members of the congregation. There are others who have come only occasionally but still maintain a loose connection with the Church.
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## **Pastoral care**
Pastoral visitors have kept in regular contact with their groups. In addition to personal contact at Church or in homes, 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 “Hidden Treasures” were distributed to church members in September 2023, thereby encouraging prayer and study through more resources. Further copies were made available to the wider public alongside other resources in the church’s Prayer Corner. Also available in the Prayer Corner and café is a selection of cards offering words of prayer in support of individuals facing situations of stress, loss, loneliness, etc.
The Minister has encouraged the use of Connexional resources to try to connect the congregation to the wider world of Methodism.
## **Training for Stewards and Local Preachers.**
Mandatory Equality, Diversity and Inclusion training, ‘God for All’, remained available for all stewards and local preachers both in person and on line. Courses on Safeguarding (Foundation and Advanced) modules and Understanding the Lectionary were also available via the Circuit Office.
## **Social media**
In order to strengthen and widen 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 is used 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 continued to meet regularly on the third Wednesday of the month from 2pm – 3pm and began studying a new book, “Meeting God in Mark”, written by Rowan Williams, a former Archbishop of Canterbury. The book proved to be very readable and was so enjoyed by the members of the group that another of his books was chosen for reading from June. This focused on a series of lectures or sermons given by Dr Williams on the challenges of living as a Christian in today’s society.
## **Environment**
The Church’s array of solar panels generated 17.6 MWh over the year which helped offset some of the ever-increasing electricity costs. This also gave us a rebate of £401 when excess power was being sent back to the grid.
The Eco Church registration process which commenced in the summer of 2023 was successfully concluded in Spring 2024 when the Church achieved a Bronze Award. This was the result of a considerable effort by a few people to whom we are most grateful.
The Church continues to encourage low-carbon travel, and a number of Church members are able to come to church on foot, or by bus, as do a significant number of mid-week users of the building.
The small rear courtyard contains a flower-bed and various planters which are maintained by members of the congregation.
## **People in Vulnerable circumstances**
The church continued to support refugees, homeless people and asylum seekers both pastorally and through Benevolent Fund collections taken at Communion Services. Rental groups include a number of support and self-help groups which have continued and expanded.
## **Students**
Bishop Street Methodist Church offers an alternative to the charismatic churches often popular with students. From time to time, 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 DacreDavis has maintained his involvement in the Chaplaincy at the University of Leicester, attending the
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university on a weekly basis (Tuesday) and also helping to support various events throughout the academic year. Liam is also the Chaplaincy’s Safeguarding lead.
## **Sunday School**
Sunday School is held from time to time when attendance by church youngsters and visitors permits. The more regular attendance by babies and teenagers is currently sustained within the Church.
A 'pop-up Nativity Play' involved a wide spectrum of the congregation. Two additional Christmas activities were a Saturday Messy Crafts morning and handing out mini gifts during the Town Hall Lights switch-on. Both gave a valuable interaction with families visiting the Town Hall Square illuminations.
## **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 everyone in the community and encourages groups to use the café for a variety of events.
Trained and supervised listeners offer a Listening Service every Tuesday in the Café from 11 – 12.30 for anyone who feels in need of someone to talk to. Telephone listening relationships could be established where beneficial.
Where the cafe has extended their decorations, we have worked alongside them to incorporate some positive Christian messages .
## **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: 9 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 PCO surgeries in the café, Optelex awareness and Macular Society support meetings, Victorian Society winter and spring programme, Choir rehearsals and concerts, CLASP carers meetings, LCPCF Adult carers support groups, SHAW Trust support meetings, and RNID monthly meetings.
## **Inter Faith**
No formal Inter Faith meetings were arranged but information regarding Ecumenical activities within Leicester are published in the weekly Notices and members are encouraged to attend events of interest to them.
## **Property**
Throughout the year, routine maintenance has continued as necessary including electrical inspection and testing, changing the main church downlights to more efficient LED types as the old ones had failed, as well as solar panel optimisation.
There was a quinquennial survey of all the buildings at Bishop Street.
## **Educational visit**
We had a visit from U3A Hinckley College in June which included a visit to the heritage room.
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## **4. Evangelism – to make more followers of Jesus Christ**
## **Art at the Chapel**
Leicester Lo-Fi Photography has maintained its presence in the basement of the church and has extended its activities to an Open Club meeting on a Wednesday afternoon.
An Exhibition of paintings by Sirah Brown was mounted in the Church during Lent.
Sirah Secrets: Art Exhibition for Lent 2024
A textiles art display was hosted by John Coster in September 2023.
## **Art Exhibitions**
In early May 2024 we hosted an exhibition of Artwork by Students from Leicester College.
In late August Leicester Exhibition held their exhibition of artwork in the Church.
## **Concerts**
The popular Christmas performance of seasonal Organ music and Carols by our organist was held at lunchtime on Thursday 14[th] December.
On Good Friday 29[th] March 2024 at 1.00pm, we appreciated the performance of ‘Seven Last Words’ a meditation on Good Friday in Bible readings, poems by our own Richard Gill and the Music of Joseph Haydn.
On Friday 28[th] April 2023 a Choral Concert was presented under the title “There are more things in heaven and on earth” by Coro Nostro Chamber Choir with their musical director Lydia Hind
## **Outreach**
The Minister was joined by members of the congregation at the Christmas Lights Switch-on to hand out Glow-sticks and share invitations to Advent and Christmas worship and events. This is an activity that many are keen to commit to so long as the Lights Switch-on continues. Volunteers also helped him to set up 'Messy Christmas' activities in the Church on Saturday 17[th] December and while there was little interaction on the day of setting it up, the activities found engagement throughout the week.
The Minister has also used large Whiteboards in the Town Hall Square to attract the attention of passers-by by posing a challenging question and inviting responses. This has proven to be a positive point of interaction and conversation with the general public and a source of discussion within the Church..
## **Talks in the Chapel**
The popular Talks in the Chapel continued this year with two events:
“Christmas Around the World” on Thursday 14[th] December 2023 at 6.15 pm was a programme of Christmas music with commentary by Neil Crutchley.
On Thursday 30[th] May 2024 at 6.15pm, Dr Miriam Stevenson gave an illustrated talk on “The Book of Genesis” in art as a lead into Bible month.
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## **Heritage**
The church was open for Heritage Open Day and Bike and Stride visitors (raising money for the Leicestershire Historic Churches Trust) on Saturday 9[th] September 2023. The Heritage Room was open with people on hand to talk about the history and architecture of the Church, and our two organists demonstrated the depth and range of the organ.
The Remembrance Sunday Service was held on 12[th] November 2023 and conducted by Richard Gill. Alison Skinner gave a fascinating talk which featured the life of Frederick William Jarvis who served in Mesopotamia in 1916 – a little known WW1 sector covering the territory now known as Iraq. Two older brothers also served on the Western Front and in Mesopotamia, and the service of the whole family was remembered.
## **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. 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 during the Morning Service on Sunday 5[th] May 2024.
## **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 Committee, Forward Planning Group and the Safeguarding Group with DBS checks and renewals being carried out as necessary.
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## **THE TRUSTEES**
The Trustees who served the charity were:
## **Officer holders**
--Rev Liam Dacre-Davis (Minister & Chair) Alison Skinner (Secretary – to 5[th] May 2024) Margaret Mackley (Secretary – from 5[th] May 2024) Martin Briers (Treasurer) Mary Gill (Assistant Treasurer) Miriam Stevenson (Church Council Minutes Secretary - from 5[th] May 2024) Alison Skinner (Pastoral Secretary – from 13[th] October 2024)
## **Stewards**
Margaret Byron, Peter Chitsenga Mary Gill (Senior steward) Tony Moore, Robin Stevenson Tanvi Pate (until January 2024)
## **Church representatives**
## **Circuit representatives**
Deirdre Brunning - Pedzi Katsande Margaret Mackley -- Rev Paula Hunt Gladys Kusiwaa - Rev Derek McLean
## **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. 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 are carried out as necessary. 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. All employees undergo an annual appraisal and take part in regular supervisions and reference group meetings.
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## **6. FINANCE**
## **i. Financial Review**
Total collections (cash, envelopes and standing orders) including Gift Aid increased by just under £4,000 on 2022-23.
Lettings and Rental Income also showed a welcome increase of just over £5,000.
Our Circuit Assessment contribution, calculated on a formula basis involving membership, attendance, income and reserves, increased slightly by under 1%.
The church felt the impact of increasing energy costs following the expiry of the electricity and gas contracts on 30[th] November 2023 and 31[st] January 2024 respectively, producing increased costs of around £2,200, the full effects being felt in the 2024-25 financial year.
The net result for the year was a Deficit of £3,688 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 2024 amounted to £439 .
## **ii Reserves**
General (Unrestricted) 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 (31.8.24) this totalled £12,772 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.
There are currently no Designated Funds .
## **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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- 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.
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## **INDEPENDENT EXAMINER**
Trevor Mildred has been re-appointed as independent examiner for the ensuing year.
Signed on behalf of the trustees Rev Liam Dacre-Davis Chair 14 October 2024
## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF BISHOP STREET METHODIST CHURCH LEICESTER**
## **YEAR ENDED 31 AUGUST 2024**
I report on the accounts of the charity for the year ended 31 August 2024 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:
- examine the accounts under Section 145 of the Charities Act
- 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
- 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:
- (1) which gives me reasonable cause to believe that in any material aspect the requirements:
- to keep accountings records in accordance with section 130 of the Charities Act; and
- · to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- (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.
Trevor Mildred Independent Examiner 24 September 2024
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## **Bishop Street Methodist Church Statement of Financial Activities**
## **For the period from 1 September 2023 to 31 August 2024**
|
|**Unrestricted Restricted**
**Funds**
**Funds**
£
£
16,908
662
6
58,835
-
4,750
129
**81,155**
**135**
29,557
-
1,025
1,872
11,001
155
16,140
-
27,121
58
**84,843**
**2,085**
**(3,688)**
**(1,950)**
3,937
10.085
|**Unrestricted Restricted**
**Funds**
**Funds**
£
£
16,908
662
6
58,835
-
4,750
129
**81,155**
**135**
29,557
-
1,025
1,872
11,001
155
16,140
-
27,121
58
**84,843**
**2,085**
**(3,688)**
**(1,950)**
3,937
10.085
|**Unrestricted Restricted**
**Funds**
**Funds**
£
£
16,908
662
6
58,835
-
4,750
129
**81,155**
**135**
29,557
-
1,025
1,872
11,001
155
16,140
-
27,121
58
**84,843**
**2,085**
**(3,688)**
**(1,950)**
3,937
10.085
|**Totals**
**this year**
£
16,908
668
58,835
4,879
**81,290**
29.557
2,897
11,156
16,140
27,179
**86,928**
**(5,638)**
14,022|**Totals**
**this year**
£
16,908
668
58,835
4,879
**81,290**
29.557
2,897
11,156
16,140
27,179
**86,928**
**(5,638)**
14,022|**Totals**
**last year**|
|---|---|---|---|---|---|---|
||£|£||||£|
|**RECEIPTS**|||||||
|Offerings and Tax recoverable|16,908|||||13,078|
|Bank and CFB interest and
Investment Income|662|6||||573|
|Lettings|58,835|-||||53,506|
|Other receipts|4,750|129||||6,591|
|**TOTAL RECEIPTS**|**81,155**|**135**||||**73,748**|
||||||||
|**PAYMENTS**|||||||
|Circuit Assessment or Share|29,557|-||||29.367|
|Donations|1,025|1,872||||1,519|
|Repairs and Maintenance|11,001|155||||11,312|
|Utilities (Insurances, water
charges, heating & lighting)|16,140|-||||11,491|
|Other payments|27,121|58||||24,104|
|**TOTAL PAYMENTS**|**84,843**|**2,085**||||**77,793**|
||||||||
|**NET RECEIPTS/PAYMENTS**
**FOR THE YEAR**|**(3,688)**|**(1,950)**||||**(4,045)**|
||||||||
|Total funds brought forward from
last year|3,937|10.085||||18,066|
||||||||
|Sub-total|249|8,135||8,384||14,022|
||||||||
|Transfers and adjustments|(477)|477||-||-|
|||
**8,612**||**8,384**|||
|**TOTAL FUNDS AT END OF**
**YEAR**|**(228)**|**8,612**||**8,384**||**14,022**|
## **BANK BALANCES AND FUND BALANCES**
|**BANK BALANCES**|**OPENING**
**BALANCES**
**1 September 2023**|**CLOSING**
**BALANCES**
**31 August 2024**|
|---|---|---|
||**£**|**£**|
|Cash in hand|129|117|
|Co-operative Bank Current Account|13,742|11,077|
|Central Finance Board Bank (CFB)|13,151|10,190|
|Trustees for Methodist Church Purposes (TMCP)|-|-|
|Other funds|(13,000)|(13,000)|
||||
|**TOTAL CASH FUNDS HELD BY CHURCH**|14.022|8,384|
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|
**OTHER ASSETS AND LIABILITIES**
|**1 September 2023**|**31 August 20234**|
|---|---|---|
||**£**|**£**|
|Investments(includingEndowments)|-|-|
|Land & Buildings|1,404,134|1,474,341|
|Other Assets|-|-|
|Loan(s)|-|-|
|Other Liabilities|-|-|
|**FUND BALANCES**
|**1 September 2023**|**31 August 2024**|
|---|---|---|
||**£**|**£**|
|**Unrestricted**|||
|General Fund|3,937|(228)|
|**Leicester Trinity Circuit Loan**|13,000|13,000|
|**TOTAL GENERAL FUND**|16,937|12,772|
|**Restricted**|||
|Art at the Chapel|2,693|2,833|
|Benevolent Fund|2,313|551|
|CTLCC – Christians Together in Leicester City
Centre|417|439|
|Development Fund|2,864|3,011|
|Flower Fund|146|136|
|Heritage Fund|1,549|1,641|
|Organ Fund|102|-|
|**TOTAL RESTRICTED FUNDS**|10,085||
|**TOTAL CHURCH FUND BALANCES**|**14,022**|**8,384**|
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