2020-08-31-accounts - Trinity Methodist Church, Bury St Edmunds

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Trinity Methodist Church Brentgovel Street Bury St Edmunds

Charity No. 1129116

Annual Trustees Report – Year ending 31[st] August 2020

Membership 129

Management

Trinity Methodist Church is managed under The Methodist Church of Great Britain and its constitutions and policies are determined by that body’s Model trust and standing orders. Finance and Property matters are delegated to committees which report to the Church Council.

Risk Management

The trustees have assessed the major risks to which the charity is exposed, in particular, those related to land and buildings, and are satisfied that systems are in place to control and mitigate their exposure to these risks.

Objectives

The calling of the Methodist Church is to respond to the Gospel of God’s Love in Christ and to live out its discipleship in worship and mission. Inspired by this calling the aims are:

To increase awareness of God’s presence and celebrate God’s love.
Help people grow and learn as Christians through mutual support and care.
To encourage more people to follow Christ.
To show a presence in local society by being aware of local needs.

Activities

Regular activities

Sunday Weekly morning worship including activities for children Messy Church – held monthly Monthly evening worship using different formats, or following different themes.

Sunday worship has continued, during the pandemic, on Zoom with a printed service sheet and newsletter going to all members by email or post weekly.

Monday Brownies

Wednesday Coffee Morning until March 2020 Coffee and Chat in the afternoon on Zoom during the pandemic

Saturday Seniors Lunch Club until March 2020

Various housegroups meet regularly during the week and have continued to meet on Zoom during the pandemic. In many cases the membership of these groups has increased.

There is an Events group who co-ordinate events throughout the year to encourage the social life of the church as well as fundraising both for the church and outside charities also. Events include Christmas Fayre, Quiz evening, talks and concerts. We hope that events will be able to restart after the COVID pandemic.

Financial Review

Our income for the year was £89,671 slightly higher than the previous year.

Expenditure was £65,584 giving a surplus of £24,087

Reserves policy

1. General Fund

We aim to hold in reserve funds to cover 6 months expenditure - £30,000 This is required to ensure:

i) We can meet normal expenditure without recourse to borrowing ii) To cover items not normally covered by the budget

CHURCH RECEIPTS AND PAYMENTS ACCOUNTS THE METHODIST CHURCH STANDARD FORM OF ACCOUNTS Trfnity Methodist Church FOR THE YEAR ENDED 31 August 2020 Bury St Edmunds Circuit Circuit no 14103 Règistered Charity - Charity Registration number , not a registered chartty Her Majestys Revenue and Customs Gift Aid number he HMRC number is equivalent to a registered thanty number in terms of eviden of charitable status and may be used lo give to donors or grant funders wishing to see eviden of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242) 1129116 Minister. Reverend Debbie Borda Church Stewards.. Mr Don Day Mrs Linda Brandon Mr Andrew INalker Mr Adrian Romano Treasurer. Mrs Joy Inameti Churth R aTrY P 2015.xls 1 of5

ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2020 Trinty Methodist Church SECTION A Unre5trthd Restricted Totals this Funds Funds Totals last year RECEIPTS Note a2 Offerin s and Tax recoveled Bank and CFB interest and InvestrTrent income 60.398 60.398 a3 165 165 a4 Letb'ngs other receipts TOTAL RECEIPTS 9.268 19,840 89.671 9.268 21.463 91.294 as 1.623 1,623 la71 SECTION B b1 PAYMENTS b2 Circuit Assessment or Share Donations 46,790 46.790 b3 42 42 aits and Maintenance ub"leS (Insurances, water charges, heating & l*Jhting) 5.891 1.775 7.666 b5 7,674 7,674 b6 b7 Other payments TOTAL PAYMENTS 5.187 65,584 1,400 3,175 6.587 68.7S9 b8 (b9 SECTION C NET RECEIPTSIPAYMENTS FOR THE YEAR c1 la6) 24.087 (1,552) 22.535 Total funds brought lorward from last year 329 42,008 42.337 c6) Sub total c1+c2 24,416 40,456 64,872 T-9nsfers and ad'ustments 37,799 (37,799) Ic71 TOTAL FUNDS AT END OF YEAR (c3+c4) 62.215 2.657 64.872 Ic8) Ic6) SECTION D FOR INFORMATION ONLY: AIONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS (these amounts are not to be included in total receiptslpayrnnts figures above Balance brou ht forward from last ear OfferingslGifts- received for exlerrF81 organisations OfferingslGifts - passed to extemal organwtions BALANCE STILL TO BE PAID (d1+d2413) Cjjurth Ratsi P2015.3 2of5

Trin methI15t Church SUMWIRYOF CHURCH ACC CHSJICH COUPKI SECTK)TrI E Please follow theCuklare Note5 tr> com tethis Sumrnaryofthp Church acrnunts forthe yearended 31 AugL202oand Inmal tyni5atssWPbwtr>theehf¢h ¢tIv¢hUrCh Klting. Notèthatthe funds ofan Internal C$1P5ati0n be Rs51rKtedfund5 lt¢(l trAtth8ycoukl Used forany MetrKxJistwrp0$9. Thi% must be compw toaTrralthegr5S Incornè and exW¥JireIthl5(lth• Ctsjrch. ff uross Irwfje exceetsthpk£nA thre5W. then thgAccruals rr of accounbllg AND A DIFFEREMf F(YiU rnust accajrts PlÈasoTeferknttwgui(kn¢g ncles regardingtrnsfers bets¥¢en th9 Oistnctand conr¢ted DistriL% organ1. IP4TERNAL C4IGANISATIONS baThre5 balan ¢2 c5 ¢7 Subtotal of IntemBI anisltions fund5 ¢8 e11 e12 -'rchac¢ounts (Itss ght10rd fram PAge 2- totals tolumnl 1.294 68.759 Ic71 41337 64,872 Ic8 clo BY CHURCH 91,294 68,759 Contsnwon a s¢paratesheet necessaryand briry totsls foward 42,337 64,872 lyl TOTAL RECEiprs TOTAL PAYMEp4rs SECTION F TATEMENT OF SSETS ND LME CHURCH.CASH FiP4DS HELD at31 August202 Cash in hand CLOSIN BAL4NCES Bank Currentlxount 12.649 37.547 Bank Central Finance Board 27.325 Trusteesfor method Chuth Pwpc6 SIIB TOTAL.Church a¢¢ounts Tot¥1 funds heid by Internal Organi%aborsS ck)siny balan¢etotal frorn le121 41337 64.872 Ic81 TOTAL CASH FUNDS HELD 8Y CHURCH 42,337 64,872 ly) SECTION G At 31 AiJgu*2020 OTHER ASSETS atyj UABIUTIE5 I 2019 Investmerts IlUde gndo Land & Buildings (see notès re ltsurance walue .show anMwnt(utstsrvJ' LAt4iitFps f4 IndudÈthly Funds hddarthe Cetthl FinorKe Board f5 IrKlude only Funds hekl al Ttustees formethodistchurch Pww5es g1 Include anyotherinvesknents (nottrk(J5h fwts15 3tt5

IfLITVI i MÉii40"?ISI Name ofchurch.... ................................................................ No.IiZq I Declarations and Scrutiny I confimi that these Reipt and Payment based accounts for the year to 31 August 2020 have been prepared from the records of the Church and that they indude all funds under the control of the Church trustees. Signature of treasurer . (,,[aoZO Date.. !.LÈ................... Name and address of treasurer . M (L CL{LfbYU?: &w(LH s i Ll Post Code.i. P IQ bFR Presentation lo the Church trustees I confirm that the annual report and accounts for the year ended 31 August 2020 werelwill be. presented to the meeting of the Church trustees held on Signature of the Chair of the meeting Name of the Chair of the meeting ate. Independent Examinerfs Report to the Trustees of the --church Charity Number .I l I b Responsibilities and basis of report I report to the trustees on my examination of the accounts of the . for the year ended 31 August 2020 set out on pages . Church to As the Church's tnjstees, you are responsible for the preparation of the accounts in accordan wth the requirements of the Charities Act 2011 ('the Act,). 2015 Church R aThJ P 4015

I report in respect of my examination of the Church's accounts carried OLrt under section 145 of the Act and, in carying out my examination, I have followed all the applicable D1CtionS given by the Charity Commission under section 145{5)Ib) of the Act. delete or circle as appropriate 2015 church R arvj P.¥ 4of5

Name of Church ........... ..L i-fr-LA (LC È No IizqIL Independent Examinerfs Statement I have completed my examination. I confim) that no material matters have come to my attention in connection with the examination (other than that disclosed bek)w") which give me cause to believe that in, any material respect= the accounting records were nol kept in accordan with section 130 of the Act" or the accounts do not accord with the accounting records. I have no concerns and have come across no other matters in connection with the examination to which 3ttention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. I ljavelhave not. obtained independent verrfication of all invesbnents with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in eXsS of £10,000 {ten thousand pounds) at the balance sheet date. Signature of independent examiner Name of independent examiner bE@or,A11 LeLrfME Relevant professional qualification of independent examiner B5: F rA Name of firm (where appropriate) Nlrt Address 24 H&4LT5!!4gL NOrkn) IL H Post Code NA7 Date 2 NDvÉM6ER Zb%2e delete or circle as appropriate Sep-20 2015 chL¥th R and PJ 5015