Trustees. Annual Report for the period Penc4J start dale D3 Perirxl end dak Year From Sep To ection A Reference and administration details Charlty name D8Pttord Methodist ChurchlMis$ion Other names charity is known by Reglstered charlty number (if any 1129207 Charlty's prlnclpal addr98S 1 Cr8ek Road London Postcode SE8 3BT Names of tho charlty tru8te•• who manage the Charity Dat•• act•d W not for who Tnwt•• n•m• Offlc• {W •nyl Nam• of per•on lor body) •ntltlfj olnt trte• ifan Omobolaji Nzekwe Bamikole Roberts Catherine Piombo Donalus Okoko Stephen A. Ansong Daniel Tokenge Mary White Veronica Abbey Theodora Abbey Tetteh Alison Christie Edel Okon Anna Cobbinah 10 12 13 14 Kori An1 Ola Ibironke Nadette Okon Ini Okoko 15 16 17 Anastasia Nketchi Nnamani 18 Tinu Ogundari Joy Nnamani Emelia Antwi 19 20 TAR March 2012
Names and addresses of advisers (Optlonal infonnation) e of adviser Name Address Name of chief executlve or name$ of senior staff members (Optional infomiation) Section B Structure, overnance and mana ement Descrlptlon of the charfty'$ trusts Deed of Union of the Methodist Church {19761 Type of governing document How the charty is constituted Trustee appointrnent is by membership of the church council, which is made up of all church members under Methodist Standing Orders, as the church has a membershi of less than 49. Trustee $818Ction methods Additlonal govornance18SUO8 Ioptlonal Inforniallonl You May ¢hoose to include The Trustees of the charity. as represented by the church council, have additional information, vthere govemance over the lIdIng and the daily work of the church. relevant, about.. The church is part of a wider l¢xal group of Methodist churchés, the Southwark and Depfford Circurt, in which policy d&cisions about Staffing and mission for th8 whole circurt are madè. policies and procedures adopted for the induction and training of trustees., the chanly's organi8alional Structu and any wider netsvork with which the charity works., relationship with any related parknes., trustees, consideration of major risks and the system and procedures to manage them. Goveming the work of the church and of all Methodist churches in Great Britain is the Melhodisl Church of Great Britain, Ihe governing docum8nl of which is listed above as the goveming document for this charity. TAR March 2012
Section C Ob ectives and activities Deptford Methodist Churchlmission exists lo share the love of God with all and lo wrtness that Jesus Chnst is Lord and Saviour of all. As a Mission it serves the community of Depfford and works wrth others to improve the lives of people in this diverse area with its challen9es of poverty arK1 other dewvation. We believe that our Christian faith should be seen in action serving others. The church is fully involved with the Disabled Peoe'S Contact to hèlp the elderly and disabled by havlng 8 day centre on its premises. The church encourages other agencies that are in $ympalhy wrth our general aims lo use our building and help others. As part of the Southwark and Deptford Circuit il 18 commffted lo the wider work of the church in the world. As a Mission we lake seriously John Wesley's words 'The wodd is my parish,. The chur¢h represents in its membership many drfferenl countries of the world, particulady from Afnca, and so our seNice takes on a global significance. Deptford Methodist ChurchNission wélcomes all by opening its doors to everyone whatever their situation. Summary of tho objects of th• charlty set out In Its govornlng docum•nt Weekly worship. Study groups. Pastoral ca. Support of ContacA Centre for older people. Summary of the maln actlvltios und•rtaken for the publlc bonofit in relation to these objects {Includo within this section the statutory de¢laratlon that trustees have had regard to the guidance Issuod by the Charity Commission on publlc benefit) TAR March 2012
Section D Achievements and performance Depfford Methodist Churchlmission exists lo share the love of God with all and to wf(ness that Jesus Christ is Lord and Saviour of all. As a Mission il seNes the communty of Deptford and works with others to improve the lives of people in this diverse area with its challenge5 of poverty and other deprivation. We believe that our Christian faith should be seen in action serving Othefs. The church is fully involved with the Disabled People's Contact to help the elderly and disabled by having a day centre on its premises. The church encourages other agencies that are in sympathy wth our general aims to use our building and help others. As part of the Soulhwar1( and Deprford Circurt it is oommitted to Ihe wider work of the church in the wodd. As a Mission we take seriously John Wesley's words 'The world is my parish,. The church represents in its membership many drfferent countries of thé world, particularly from Afn'ca, and so our service takes on a global significance. Dgptford Methodist ChurchNission welcomes all by opening its doors to everyone whatever their situauon. Summary ofthe main achievements of the charlty during the year The church congregation has returned in smaller numb8rs as the restrictions of the pandemic lifted. It has taken time for people lo regain confidence and re-establish patterns of church going. Our work wrth young Feople continues, though similarly affected by changdd habits due to the pandemic. The Disabled People's Contact Centre has retumed in person and continues to meet the needs of those who otherwis8 would be isolated. It provides a programme of food and activrties., the church offers a weekly seNice of worship that enables people to attend church while al the centre. The church provides t)ffice and counselling space for vanous organisations. rt continues the long tem relationship with Second Wave Ihal works with young people in the rOugh. Along with the shop that r8ises money for the Disabled People's Contact Cenlre, Ihf.. space at Depttord Mission is availab for other community organisab'ons le.g. Karate classes) and the church collaborates with other chufches In resporKJing to the needs of poverty with donations to local foodbanks and gifts for chiklren and adults at Christmas. TAR March 2012
Section E Financial review Brief statement of thè charity's policy on reserves The church aims to hold about six months, worth of expenses in resetves, wrth a small surplus to pay for emergency repairs. Our bad debt provision is about £58k for rent receivable but the church is still recovering from the effects of the pandemic. Detalls of any funds materialty in deficit Further financlal review dotalls (Optlonal Inft)miallon) You may choose lo include additional information, where relevant about.. the charity's principal sources of funds (including any fundraisingl., how expenditure has supported the key obiecttves of the charity,. investment policy and objectives including any ethical investment policy adopt8d. Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees, report above. Slgned on behalf of thè ¢harlty'8 trus Signaturgls) oi Full name($} Position (eg Socretary. Chair, ètc) P)I' Si Date TAR Marth 2012
DEPTFORD METHODIST MISSION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
CONTENTS PAGE Examiner'y Report SIAtement of Financial Accounts Balance Sheet Notes to th¢ Aeeounts
Independent Examinerfs Report on the Accounts Report to the trusteesl members of DEPTFORD METHODIST MISSION On accounti for the year ended 31° August 2023 Cb*rtty no (IfaDy) Resp¢the respon$lbllltleJ of tr118teeg and ex&mlDer Th¢ ch8Tity'5 Ine$ con$idttthAt an audil is not requtred for this year (under Section 43(2) of the Charities Act 1993 (the Aei)) and that an independo)i examitthiion 15 ne¢d¢d. It 15 my resw)nsibiliry to mine the acwunts (under section 43 of thc Acl to follow the pethre$ laid in the Cyenernl Direciions given by thc Charity Commission (under seeiion 43{7Xb) of the Acik and to Stsle whether pgrti¢ular tter$ have eomc to my attenti(. Balls ofiDdependen¢ eiamlner'j ytatement My exami}n ¢arried out in AccordBncc with General r)ireetiotJS given by thc Charity Commi55ioneTs. An ¢x8minaiion includes 8 review of thc ac¢ounttn8 rLcords kept by the d)ariry ¥Dd a ¢omwdrison of the accounts prcsenled with those records. It dl%0 ineludes considcralion of 4ny unusual items or disclosuT¢S in the accounts. Bnd seeking ¢xpl8notions from the tru¢¢$ Concerning any such matlers. The prcrtedures undertoken do not provide all th¢ evid¢nce that would be required in gn 8udiL and consequently I do rtol express an udil opinion on tbe accounts. Ind•pend•nt •xamin•r's stat•m•nt JD the c¢)urg¢ of my ex8minAtim no moner has cotDe to my attthtlott.. which giv¢5 me Yusonable cause io believe that in, ony material respecl the trnstees have not mel the requirements io ensure that.. accouniin8 record5 arc kepi (in aordanCe with section 41 ofthe Act),. and accounts are prep8red which 88rc¢ with the accounlin8 re¢ord4 and ¢omply with the countill8 rtqUiTem¢nts of the Acl; or 2. 10 which. in my optnion, attenii(m should bc drawTA in order lo enable 8 p¥op¢r unde19ndIti8 of tlK o¢¢ounts to be reached. 14th March 2024 Slgned: Name: Robert A M e m.sc FCCA CA Gh Relev4nt profuslonal quallllcatloD(s) or body {Ir £Y). Addr¢$8: A88OCIATION OF CHARTF.RED CTr,R'n+lED ACCOUNTANTS Robert Qua e & Associates 180Chi 11 Road South WocKfford London E18 1HA
DEPTFORD METHODIST PthSSION Stat•nt of Fin¢141 A¢ttvhl•s ISOFAI forth• y•ar •nd•d 31 Auoust 2023 Churth rAiai FuAd Toty¥thisy Pr&$var 1 Olhnng5 3ndTafftcwat4• 111133 13.0 13.354 21n1•$t2]lThth8nIkncQmI 1173 78 3 L4Wn98 150. 150798 12fj.1B7 1&956 14956 4.977 61nt8mal olg¥$On$ l Tt4th1 In¢omlng Rewuwcej 179 9J1 179 981 14460 Expor•Jed 8Cli&llAssessmert¢f Sh¥• 280 25.DQ) 9Grnnts andDon3lon5 10 R•pl dMakniirArrf• 32.084 11306 11 IMurarK•. i1113 1 65.011 30.09$ 12Dew•dau¢n 13Pmtsh)ni 11 oin•i•)wntyiJr• 19 306 18.306 2Q395 17704 17704 4840 161ntmal OToaDisoni 11 r(dResource$ Expended 161705 161705 98.697 18 HIn¢¢Ing Rq•wr¢ 11256 18256 4S909 19T191¢r& b•tsveenknd¥ 20 SubToW 21 Gain8 and foss•s on Thi$nert 35s•ts 45.909 22 NgtinYwMniknf¥ -17U 18256 45,909 23Totslknntts tfwgmfwvarl 1r3 727 16 946 140 67? Y4 104 24Toi81 nd$¢I(lIrd*I e•d ofyelli 1X.98J 150.9 140.6n
DEPIFORD METhODIST MISSION Balance Sheet as at 31 August 2023 Churth etai Fud LMlerFunds EidoTheni Ftyds TcialsthLS yeu Tolals lasi TangiNeFllAsWS, Chuith buildngs andotheiptope 1rNelmeP1rye[th'es IstMents TO1[13$$S CurMIAssets Oeobts and Prepainrts Central Finance Board &TDJstees loi IAethoJislChLYth PLuposes deposts Cash Bankand hand 57.891 57.991 46,501 M133 39.815 18,641 62.063 62.063 76.367 Todcrn 1£1.634 38.133 159.768 141.513 Credrtots dndAcuul$ [1 yea) Neicuiienias> J.133 140,673 Totslassetskss Cw1&•%s 1>3, 3B,133 158.928 140.673 LWs1 credrtcisdie *r1 y PIN'sions roilatsilth'esandcharges 12Q195 3113J 140,6n Fuidsclthechutch General Fun&wTriesthdedl OtheiFundS (Resthded) QentFunds 120.7 120.795 123.556 J.133 38.133 17.017 TcolFw 1)),795 M,133 158.928 140,673
DEPTFORD METHODIST MISSION chUh Notes to th• Aecounts 1 Basls of a¢¢Ou1n9 These accounts hav$ bèen prepared onthe basis of htstoric costlexceMlhatin¥estments are shown alrnarketvaluèlln attor¢Jance ilh Stat?ment ofRecommendett Pra<JJce ISORP 20051an¢ the charib.gs Ad 1993. Th•ro has bogn no change to the accounbng polioes slnce iastygar The tormal Qllhe soFAbanCe shoettskgs a(antaGe orth4 small char. concossions set out in Ihe SORP. 2 Funds Thg lun¢Js held consbbjle Gonfj Funds holdloi anypurpos& olthe tharitythith at• Uniesth"ded. Restn"dod tynds lch are holojlor o narrowèr purpos• an¢ Endwnèfitfvnds"th represent fv. Ihe capitsl Thoimaity belng unavlaDiè loi sp•nthno. andlhe Incom• from wthich Is etlhorRe$lrfdèd 01 Unr•sth"d•d. Dgtslls ofeach rnat¢rfal fvnd are (M5c105ed in Ihefinal thote to thès• accounts mybJndmay bo hell In ¢thofth In cash 3 Accountlng pollel•s Ineomlny R•Ir¢ These arg Indud¥d In lh• Slal•m•ntofFinanaal Athll•s ISOFAlthg0 thg thurth becomos entitied lo Ihg rosour¢e$ lh• Iru510•s ai•%irttJally certaln Ih•ywMI 1•Ce resour0¥ and the monetaryv81u8 can b• rn•asur•ttwth suffidgnlrollabllty R•sourc•s Exp•nd•d endilure 4$ r•toonls•dtsn a ablty18 in(wNed of a construdm ot419"on w80s Ihal resu#s Inth? p¥ymènl belno una¥oldable u111 r•cognhlon LlaDIIMes aFg recoonlsod as Soon as kn•ro1¥ 410901 w¢on$tsudh oblyallon commfd4ng th• thurtht¢ pay out re$ouic•$ Futurè Income must not b¥ anlicipatèd ISORP 2005). T•nglbl• fix•d ss•ts lor us• by church Tanplblé fixed assets are aplla1151a Ifthei can bo u$•d ty m•r#than one y•ar. and costat1oa$t Isayl£1000. Th•yar•¥alu•¢J co$l 01 a f•asonaDi• on receipt Where costls notavailable. Ihe Churth Coundl rnay prod• a reasonabli gslmale ol cost or ollhe bulldin¢s rJJrrenl¥alue tolh9 thurth esbmalg ¥ased on Insurancvalug yhould laKe attounl of thè fadlhal cobrvhll b? )a$•d on d•molttlon ano rgln5kdn9 the OJfionl DuildiDo ano notlhe origln31 costle35 accurnuled depredation. 4 olosslonal valuattw l¥ not r•quli•d. blaVaIla• use th19wè Prthlslon18 mad• lord•proclalon ther? approprtats. Inv•itm•nt prop•rtS•1 Inv88th11nt propg1I•$. Pffjp¥rbe5 notusèdlorlh8 purposes ofthe ¢anty landnthru$¢dfofth purpos41. Aprotssslonal ¥alualion Is not requlred. butlf wallable u$• Ihatfigurg Thg Insur•dvalvfr rnay )? u$•d. Inv•stm•nts Investmtnls 010 ¥alu•oin lh• tralar• $h¢•tmark•tvu• atth• y•ar enl. IrThskngrf Incom• Is In¥uded In the accounts wh8n reCe¥ble and anygalns or k)sses on ivduallon atlhÈ yèarend are shown Inth• SOFA Induat IrNoslmgrts h•ldth the Cèntral Financ• Board Oo not1ndu Deposrt Funds suth as TIF (frust•e8 Interest Fund) heldviaTwsle•s for Melhothsl Churth Puwoses Thes8 lallerttJn¢Js shwbd be shfj s•parat#ly. D•blors and Pr•paym•nts Show amounts owng tolh• Churth grpr•paymMls mado Cr•ditorn 8h¢)w amounts o*lno bylh• Churth 3nd Yamounts acuuel as Ihe lo11n9 y8
OEPTFORD MeTh0$T MISSION Church Loans Lthè Chwch has tsorro¥veoanTr money. ¥ie ¢r4omaon inlhe oÈ$igAatea sèthon. Loan$ maopto Church09 may be corf¢Jenb ano mayJefre olin¢S1 ttls nntsaryts tanioerin 18corthng sourtè$. use kneWrrfd.llaL. rfapwDprM Endowment Funds wnÉie the Cnurch folds moneylch canMtJe spérrt mustoè las caprtai}to generè an incometh¢ moneyor a8SÈts lo retsinedwg kno) as an En¢>)mem Fufi¢l The caprtai ¥houlO bè Sho In tha appiopiiat• Cclumn in lh• Bai8nc¢ Sheèt Th• [(1) g•o•rat•d m upon the lorms Ine endowmenl N•t ¢urr•nt ass•tsiiiabSlld•s Qethctciethlors trom Tolai wrrent assets Total ass•ts l•ss n•t eUrr•ht16a1Ild•s Oeauct net curr•ni 8$setsAI8¢1lè$ from thèwi oftseowujrr1rtl•kn. N•1 188•tstot4 ftNtstaor••lthT•ki FurJ8 h• 4 Paym••)tts Tru•t••s R•Éora paTrrn•rts mad•tO tru8lee8fty •&onal S•tsk•s th• by •ar••merrtth th• Churtn ¢owdl • G •trusb• Is i$o a plumD•iwbo c4th•• 0 In thatcapècttv Nor• 41181180 onth• 118tho¢#w0ty81té) Thli • Last y••r Num1 oltrui••#botM•r• Pald 8)•wb•¥ Nahjre olthewn08 Total amounl pad F••$ for •xamlnaiion or aud of th• accgunts Ind•oenoéni •xarnin•r'# or auohor's l•frs lorrepon? on m• •¢cr 840 om•if••s (•g." atcWntsncy•c•$)p(1Ioth•lndO#lOW#eA•mkn•rOr •uallor 8 Pald •mpl•y••s Staff Coaty pald dudng thè y••r 088w¥g•s san•s n•l#S In kjnd 17.704 g.B4Q EmpioF•ri Nthonai IMur4nc• ¢o•ts Pen81on ¢o¥ts Tol81 sl8(fcotsi$ 17 704 9.840 Av•rog• numb•r olfu114kn• equlv•lwM •mpttrrn¢ In th• y••i w•r•: 7 Capltsl Commlty•nts and Co•rtlng•nt Llabllltl•s the Churtn has anyComrnfflÈnts or IlaJMiwe$ these Shou tstr 08dosed Ihe 31gIWu$12023 ¢apits mIth)ents amtyJrtsd&i." Conlno•nl Ila)Wfjes wrwntedto.
Name of Church: Deptford Methodist No: 1129207 Declarations and Scrutiny I confimi that trjese accNals-based accounts for the year to 31 August 2023 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees. Signature of treasurer..................... . Name and address of treasurer Omob)laji Nzekwe Deptford Methodist Mission, 1 Creek Road. Deptford, London, Post Code SE8 3BT Pro8ontatlon lo the Church tnt8 I confirm that th8 annual report and accounts for the year ended 31 August 2023 were presented to the meets'ng of the Church trustees held onR51h February 2024. Sign8ture of the Chair of the meets'ng.. Name of thé Chair of the nReting: ...