2025-08-31-accounts - Chapel Field Road Methodist Church

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REGISTERED CHARITY NUMBER: 1129256

Report of the Trustees and Financial Statements for the Year Ended 31 August 2025 for

Chapel Field Road Methodist Church Norwich

Chapel Field Road Methodist Church, Norwich

Report of the Trustees for the year ended 31 August 2025

The Trustees present their annual report with the financial statements for the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1 January 2015.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1129256

Principal address

Chapel Field Road Norwich NR2 1SD

Trustees

In accordance with the Standing Orders of the Methodist Conference, which is the governing body of the Methodist Church, the trustees of the Church are the members of the Church Council. The names of the Trustees who served during 2024/2025 are as follows:

Revd Matthew Olanrewaju Ruth Gaskin Stephen Osborn Pauline Mann Frances Middleton Nenita Coughlan (from 1.9.24) Geoffrey Brown Martin Nisbett Elisabeth Traverse (from 30.10.24) Michael Garratt David Everitt Masha Mnena (from 30.10.24) Pamela ParkerBrown Colin Arnold (left 30.10.24) Zing Eagling Jacques Kalume Christina Potter Christopher Hopper

The Church Council is elected by the members of the Church.

Independent Examiner

Mark Johnstone FCA Scrutton Bland Limited 15 Palace Street Norwich NR3 1RT

Advisers

Bankers Lloyds Bank plc 48 High Street Newmarket, Suffolk CB8 8LF

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a Deed of Union (1932) and The Methodist Church Act (1976). It constitutes an unincorporated charity.

The Church is a member of the Norwich Circuit of the Methodist Church.

Risk assessment

An earlier general Fire Risk Assessment highlighted the need for a specific Fire Door Inspection which has been carried out. Work to ensure our fire doors comply with the British Standard is being undertaken. In accordance with its Safeguarding Policy, checks are made with the Disclosure and Barring Service as appropriate. All trustees and others working with children, young people and vulnerable adults are required to attend a safeguarding foundation module training course. The premises are insured and an asset register is held by the Treasurer.

OBJECTIVES AND ACTIVITIES

Objectives and aims

We are a large and diverse church set within the city centre of Norwich, England with attractive premises which are intended to speak of welcome and access for all.

Through our Ministry and Leadership Teams and through the many resources within our congregation we are always looking to be more effective in our witness for Christ within a city centre context.

Volunteers

The church is sincerely grateful to very many members who give freely of their time and talents to further its work and Christian witness.

ACHIEVEMENT AND PERFORMANCE

The Church has continued its ongoing programme of Christian worship, work and care. Many local community groups meet on our premises including some refugee families in the People from Abroad project who attend English language classes. NCC also provide a secure creche for their children. The church has been awarded the title of Church of Sanctuary.

Contact has been maintained with the church family in a variety of ways through our ministry team and our pastoral care network. We have continued to live stream our Sunday morning services for those unable to attend church and have been greatly encouraged by the increasing number of children and young families joining our services and Junior Church each week.

We continue to support the Through the Roof charity with the aim of improving the quality of life of people attending our church.

In the summer we hosted a display of the Knitted Bible. The exhibition was well attended and appreciated by so many people, a good number visiting our church for the first time.

The trustees have complied with their duty to have due regard to the Charity C guidance when exercising any powers or duties to which the guidance is relevant.

FINANCIAL REVIEW

Our congregation has continued to support the church financially through offertories and donations and their generosity has been greatly appreciated. This income, together with income received from letting our premises to local community groups, has been vital in providing most of the income needed to pay ongoing day to day expenses. However, there was still a shortfall of income against day to day expenditure. Measures have been taken to eliminate this shortfall.

Three new legacies were received during the year and after a total expenditure of £183,840, our total funds increased by £3159.

A full breakdown of the movement of each individual fund is shown in note 14 of the accounts.

Reserves Policy

s Policy and are believed to be adequate for the declared aims and objectives of the Church and the necessary maintenance of its Grade Two listed premises.

Approved by the Church Council on 19 February 2026 and signed on its behalf by:

P Mann Trustee

Independent Examiner's Report to the Trustees of Chapel Field Road Methodist Church, Norwich

Independent examiner's report to the trustees of Chapel Field Road Methodist Church, Norwich

I report to the charity trustees on my examination of the accounts of Chapel Field Road Methodist Church, Norwich (the Trust) for the year ended 31 August 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mark Johnstone FCA Scrutton Bland Limited 15 Palace Street NORWICH Norfolk NR3 1RT

30 April 2026

Chapel Field Road Methodist Church

Statement of Financial Activities

for the year ended 31 August 2025

Notes INCOMING & ENDOWMENTS FROM Donations and tax recoverable 2 Legacies 2 Other trading activities 3 Investment Income 4 Charitable activities 5 Total incoming resources EXPENDITURE ON Charitable activities 6 Total resources expended NET INCOME/(EXPENDITURE) before transfers Gross transfers between funds 14 Net income/(expenditure) before other recognised gains and losses Net gains/losses on investments 10 Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Unrestricted Funds £ 97,332 23,526 37,081 4,556 18,851 181,346 180,557 180,557 789 1,685 2,474 54 2,528 5,603,108 5,605,636	Restricted Funds £ 2,308 125 3,164 5,597 3,283 3,283 2,314 -1,685 629 629 10,358 10,987	Endowment Funds £ 0 0 0 0 2 2 1,038 1,040	2025 Total Funds £ 99,640 23,526 37,206 4,556 22,015 186,943 183,840 183,840 3,103 0 3,103 56 3,159 5,614,504 5,617,663	2024 Total Funds £ 105,706 2,000 34,421 6,881 24,443
					173,451 184,140
					184,140
					-10,689 0
					-10,689 17,408
					6,719 5,607,785
					5,614,504

CONTINUING OPERATIONS

Income and expenditure has arisen from continuing activities.

Chapel Field Road Methodist Church

Balance Sheet

At 31 August 2025

Notes FIXED ASSETS Tangible assets 9 Investments 10 CURRENT ASSETS Debtors 11 Investments 12 Cash at Bank CREDITORS Amounts falling due within one year 13 NET CURRENT ASSETS NET ASSETS FUNDS 14 Unrestricted funds Restricted funds Endowment funds TOTAL FUNDS	Unrestricted Funds £ 5,316,362 211,937 5,528,299 35,212 5,371 42,267 82,850 (5,513) 77,337 5,605,636	Restricted Funds £ 0 152 7,398 3,437 10,987 10,987 10,987	Endowment Funds £ 982 982 58 58 58 1,040	2025 Total Funds £ 5,316,362 212,919 5,529,281 35,364 12,827 45,704 93,895 (5,513) 88,382 5,617,663 5,605,636 10,987 1,040 5,617,663	2024 Total Funds £ 5,322,301 212,863
					5,535,164 51,193 25,140 6,170
					82,503 (3,163)
					79,340
					5,614,504 5,603,108 10,358 1,038
					5,614,504

The financial statements were approved by the Church Council on 19 February 2026 and were signed on its behalf by:

G Brown - Trustee

Revd M Olanrewagu - Trustee

Chapel Field Road Methodist Church

Notes to the Financial Statements for the year ended 31 August 2025

1 ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at bid value.

Incoming resources

These are included in the Statement of Financial Activities (SOFA) when the church becomes entitled to the resources; the Trustees are virtually certain they will receive the resources and the monetary value can be measured with sufficient reliability. In respect of legacy income only, income is only recognised on receipt of funds to the church bank or TMCP accounts.

Resources expended

Expenditure is recognised when a liability is incurred, or a constructive obligation arises that results in the payment being unavoidable. Expenditure is accounted for on an accruals basis.

Tangible fixed assets

Church land and buildings are owned by the Trustees for Methodist Church Purposes (TMCP) and the local Church Council acts as Managing Trustee.

On adoption of FRS102 on 1.9.2016, the Church land and buildings and the Church organ were valued at their replacement costs of £4,950,000 and £350,000 respectively. We have elected to treat this value as deemed cost in line with transition exemptions available. The original costs were £987 for the land, £5,420 for the building and £576 for the organ, all purchased in the 1880s.

The building and the organ are subject to a regular maintenance programme, thus maintaining their value; for this

reason it is not considered necessary to provide for depreciation of these assets.

All other tangible fixed assets with a value of £1000 and over are capitalised and included in the Balance Sheet. Their value is depreciated on a straight line basis over 5 years.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Chapel Field Road Methodist Church

Notes to the Financial Statements for the year ended 31 August 2025

Fixed asset investments

Investments held in TMCP trusts are valued in the balance sheet at bid value at the year end. Investment income is included in the accounts when receivable and any gains or losses on revaluation at the year end are shown in the SOFA.

Current asset investments

These are held in interest bearing accounts operated by TMCP and the Central Finance Board. Interest earned is shown on the SOFA.

Liability recognition

Liabilities are recognised as soon as there is legal or constructive obligation committing the church to pay out resources.

Irrecoverable VAT

This is included within the relevant costs incurred by the charity.

2 DONATIONS AND LEGACIES Offerings, donations and tax recoverable NCC Grant for Creche Security System Legacies Special collections for other charities 3 OTHER TRADING ACTIVITIES Fundraising activities Lettings 4 INVESTMENT INCOME Investments and deposit income 5 INCOMING RESOURCES FROM CHARITABLE ACTIVITIES Church Groups Other income from charitable activities	2025 £ 97,332 0 23,526 2,308 123,166 2025 £ 125 37,081 37,206 2025 £ 4,556 2025 £ 3,164 18,851 22,015	2024 £ 93,124 11,000 2,000 1,582 107,706 2024 £ 1,150 33,271 34,421 2024 £ 6,881 2024 £ 3,531 20,912 24,443

Chapel Field Road Methodist Church

Notes to the Financial Statements

for the year ended 31 August 2025

6 DIRECT COSTS OF CHARITABLE ACTIVITIES Staff costs Insurance and utilities Circuit Assessment Donations Special collections for other charities Repairs and maintenance Other expenditure Church Groups Depreciation Independent Examination Fee	2025 £ 35,114 13,717 96,000 3,325 2,308 16,413 8,459 825 5,939 1,740 183,840	2024 £ 34,126 12,869 92,232 6,150 1,582 20,178 10,771 1,315 3,357 1,560 184,140

7 TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.

There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.

8 STAFF COSTS Wages and Pension Contributions Social security costs The average monthly number of employees during the year was as follows: Full time employees	2025 £ 35,114 0 35,114 2025 1	2024 £ 34,126 0 34,126 2024 1

No employees received emoluments in excess of £60,000.

Chapel Field Road Methodist Church

Notes to the Financial Statements

for the year ended 31 August 2025

9 TANGIBLE FIXED ASSETS

Church building Organ £ £ COST At 1 September 2024 4,950,000 350,000 Additions Disposals At 31 August 2025 4,950,000 350,000 DEPRECIATION At 1 September 2024 Charge for year Eliminated on disposal At 31 August 2025 0 0 NET BOOK VALUE At 31 August 2025 4,950,000 350,000 At 31 August 2024 4,950,000 350,000 10 FIXED ASSET INVESTMENTS BID VALUE At 1 September 2024 Additions Redemptions Revaluations At 31 August 2025 There were no investment assets outside the UK. 11 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepaid Circuit Assessment 2025/26 (1st Qtr) Other debtors 12 CURRENT ASSET INVESTMENTS Central Finance Board and TMCP deposits 13 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Creditors	Fixtures and fittings £ 175,918 0 175,918 153,617 5,939 159,556 16,362 22,301	Motor vehicles £ 0 0 0 0 2025 £ 16,115 19,249 35,364 2025 £ 12,827 2025 £ 5,513	Totals £ 5,475,918 0 0 5,475,918 153,617 5,939 0 159,556 5,316,362 5,322,301 Listed investments £ 212,863 56 212,919 2024 £ 23,058 28,135 51,193 2024 £ 25,140 2024 £ 3,163

Chapel Field Road Methodist Church

Notes to the Financial Statements for the year ended 31 August 2025

14 MOVEMENT IN FUNDS Unrestricted funds General Property Legacy Reserve Book Donations Fixtures and Fittings Church Buildings and Organ Restricted funds Benevolent Church Groups Fundraising Endowment funds Endowment trusts TOTAL FUNDS Net movement in funds, included in the above are Unrestricted funds General Property Legacy Reserve Book Donations Fixtures and Fittings Restricted funds Benevolent Church Groups Fundraising Special Collections Endowment funds Endowment trusts TOTAL FUNDS	At 1.9.24 £ 20,453 214,386 44,076 1,892 - 22,301 5,300,000 5,603,108 7,550 2,808 - 10,358 1038 5,614,504 as follows: Incoming resources £ 142,820 0 38,526 0 0 0 181,346 0 3,164 125 2,308 5,597 0 186,943	Net movement in funds £ -19,162 -9,449 38,580 -12 -3,175 -5,939 843 0 2,339 -25 2,314 2 3,159 Resources expended £ -161,982 -9,449 0 -12 -3,175 -5,939 -180,557 0 -825 -150 -2,308 -3,283 -183,840	Transfers between funds £ 38,710 23,000 -63,200 3,175 1,685 -1,710 25 -1,685 0 Gains and losses £ 54 54 - 2 56	At 31.8.25 £ 40,001 227,937 19,456 1,880 - 16,362 5,300,000 5,605,636 7,550 3,437 - 10,987 1040 5,617,663 Movement in funds £ -19,162 -9,449 38,580 -12 -3,175 -5,939 843 0 2,339 -25 0 2,314 2 3,159

Chapel Field Road Methodist Church

Notes to the Financial Statements

for the year ended 31 August 2025

14 COMPARATIVE MOVEMENT IN FUNDS At 1.9.23 Net movement in funds £ £ Unrestricted funds General 38,300 -19,804 Property 200,662 -12,079 Transport 6,751 Legacy Reserve 43,415 32,536 Book 1,880 12 Donations 0 -2,875 Fixtures and Fittings 5,710 -3,357 Church Buildings and Organ 5,300,000 5,596,718 -5,567 Restricted funds Benevolent 7,550 -1,000 Church Groups 2,549 2,216 Security System 0 11,000 10,099 12,216 Endowment funds Endowment trusts 968 70 TOTAL FUNDS 5,607,785 6,719 Net comparative movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General 135,719 -155,523 Property 990 -13,069 Transport Legacy Reserve 18,284 -3,086 Book 70 -58 Donations 625 -3,500 Fixtures and Fittings -3,357 155,688 -178,593 Restricted funds Benevolent 500 -1,500 Church Groups 3,531 -1,315 Fundraising 1,150 -1,150 Special Collections 1,582 -1,582 Security System 11,000 17,763 -5,547 Endowment funds Endowment trusts TOTAL FUNDS 173,451 -184,140	Transfers between funds £ 1,957 25,803 -6,751 -31,875 2,875 19,948 11,957 1,000 -1,957 -11,000 -11,957 0 Gains and losses £ 17,338 17,338 0 70 17,408	At 31.8.24 £ 20,453 214,386 0 44,076 1,892 0 22,301 5,300,000 5,603,108 7,550 2,808 0 10,358 1038 5,614,504 Movement in funds £ -19,804 -12,079 0 32,536 12 -2,875 -3,357 -5,567 -1,000 2,216 0 0 11,000 12,216 70 6,719

Chapel Field Road Methodist Church

Notes to the Financial Statements for the year ended 31 August 2025

14 MOVEMENT IN FUNDS - continued

Fund Purpose of the fund General Working capital to support ongoing commitments Property Building costs and purchase of equipment Transport Transport costs Legacy Reserve Church projects and contingencies Book Purchase of books Benevolent Benevolence Church Groups Balances held by these groups Fundraising The Vidiyal Trust Special Collections Collections for other charities Donations Donations from church funds to other charities Church Buildings and Organ Deemed replacement costs on adoption of FRS102 Fixtures and Fittings Identification of the book value of these assets at the year end Endowment Legacy capital cannot be spent. Interest used in General Fund

Summary of Church Group funds as at 31 August 2025

Church group Badminton Mary Chapman Club Senior Table Tennis TOTAL	Opening balance £ 1,114 1,657 37 2,808	Incoming resources £ 987 1,527 650 3,164	Resources expended £ -107 -688 -30 -825	Transfers £ -625 -460 -625 -1,710	Closing balance £ 1,369 2,036 32 3,437

There were no related party transactions in the year under review.

15 Related Parties