## **ORPINGTON METHODIST CHURCH** 

## **Trustees' Annual Report for the period 1 September 2022 to 31 August 2023** 

## **Registered Charity Number: 1129331** 

## **Charity Principal Address:** 

Orpington Methodist Church, Sevenoaks Road, Orpington, Kent BR6 9JH 

## **Managing Trustees:** 

Duncan McBean Revd Robert Selvakumar Mr Keith Hickey Mr Franklyn Brew Mr Christopher Price 

Chair (Rtd 24/11/22} Chair (Apt: 01/09/2022) Treasurer ( Rtd 1/7 /23) Treasurer (Apt: 21/05/2023) Secretary 

Mrs Anne Barnes Mrs Margaret Benskin (Rtd 9/2/23) Mrs Stephanie Boswell Mrs Irene Cotterell Mrs Elizabeth Dobb Ms Margaret Donkin (Rtd 21/5/23) Ms Lois Claire East Mr Alan Gamwell (Rtd 21/5/23) Ms Janet Haley Mr Peter Hibble (Rtd 21/5/23) Mrs Deborah Hickey Mr Simon David Laurence Jones (Apt: 24/11/2022} Mr Roger Lancaster 

Mrs Alison Lancaster (Rtd 1/7 /23) Mr Robin Licence Mrs Carolyn Licence Dr Emma Maddy (Apt: 21/05/2023) Mrs June Meeks (Rtd 21/5/23) Mrs Dorrance Palmer Mr John Pedley Mr Neville John Secular (Apt: 21/05/2023) Mr Charles Stewart Mr Sujay Surji (Rtd 24/11/22) Mrs Elizabeth Weller Ms Angela Willis 

## **Custodian Trustee:** 

The Trustees for Methodist Church Purposes 

## **Bankers:** 

National Westminster Bank 

Central Finance Board of the Methodist Church 

## **Structure. Governance and Management** 

**Type of Governing Document:** Deed of Union (1932) and Methodist Church Act (1976) Act of Parliament **How the Charity is Constituted:** 

**Governance:** The appointment of Trustees and other officers follows the Constitutional Practice and Discipline of the Methodist Church (CPD). The primary governing body of Orpington Methodist Church, in accordance with CPD, is the Church Council. Members of the Council are the Trustees, and the Council is chaired by the Minister. Church Council representatives and Church Stewards are elected at the Annual General Meeting. All church members can attend this meeting and are entitled to vote and raise any issues for discussion. The Trustees actively seek nominations for new Trustees who can represent all aspects of the Church community and its activities. 

**Trustee Selection Method:** The Minister, Church Stewards, [Treasurer], Pastoral Secretary, Church Council Secretary, up to 15 representative Church Members (elected annually), up to 15 additional persons appointed by the Council and a Circuit Steward. 

Orpington Methodist Church Annual Report and Accounts 2023 

Page 1 



Inductlonftralninz:
There is a range of guidance produced by the MethiNli5t Connexion.
All Trustees re￿1ve a copy of CC3.'The Essential Trustee: What You Need to Know,
Structure:
Part of the Orpingion and Chislehurst Circuit
Pèrt of the London Methodist District
Accountable to the Methodist Conference
A Member of Churche5 Together in Orpington
Risk&.
The Church has a Risk Management Policy and has a Risk Assessment Matrix
Risks relating to Finan￿ are considered by the Finance Committee.
Risks relating to Property are considered by the Property Commtttee.
Both Committees report to the Church Counol (Board ofTrustees)
Professional advice is taken as ne￿sSary
There is a regular review process
The Church has adopted a Safeguardirg Policy- covering Children and Vulnerable Adults - and has enSU￿d all relevant
members of the Church re￿[Ye approprtate training whith is an ongoing pro￿55.
Ob ect1￿￿ and Actlvttles
These are set out in the Methodist Church Act 1976 (Clause 41- Advance of Religion and any charitable purwjse of the
Methodist Church or church organisation.
Summa
of Main Ob
The purposes of the Methodist Church are and shall be deerned to been since the Date of the Union the advan￿ment
The Christian fatth in accordance with the dottTinal standards and discipline of The Methodist Church.
Any charitable purpose for the time beir6 of any Connexional, DistricL Circuit and local or other organisation of the
Methodist Church
Any charitable purpose for the time being of any societyor institubon subsidiary or ancillary toThe Methodist Church
Any purpose for the time being of arry charity being a charity subsidiary or ancillary to The Methodist Church
Oi piiigluii mrl11t￿l)i Cliuiih Annuol fteFMJrt afftl A(tounts 202J
Page 2

hi
¥ement5 and Perfom)an
Summary of Maln Athlevements Durfns the Year.
Dear Friends,
Here are some of the highlights of the achievements that the Orpington Methodist Church in the past church calendar year
was blessed with:
l. The Con8regation has certainly seen an increase in both membership and Sunday rnorning worshipers. through transfer-
ins. Confirmatlon, and Iu5t walk-lns. AltlK)ugh thi5 has not necessarity incTeased OUrfinan￿ much. but it has certainly blessed
our fellowship. The number of members as at 31" August 2023 was 8812022". 891
2. The Old Finance Team, led mostly by Keith Hickey. was replaced Irecentlyl due to his stepping down. after many years of
faithful servlce. We vA7uld like to thank him for hls sincere servlce in keeping the books well with Inte8rity. Anyway* the new
team of responsible people have been identified. and they have already started servin8 the church. We would liketo welcome
Paula Ferguson WIK) is our external bookkeeper, who would do much of our accounts, henceforth.
3. The Church Office, under Jenny Cottle. our part-time offio administrator, has done an excellent job in managing all the
hirers so far. To date, we have received Imainlyl good report of financial benefit to the church throu8h thls hlrlng of our Space
efforts. The presence of the community in our space, makes us relevant and useful in our charitsble Courses.
4. The Mln15try and Mlssion of the church has been comlng back slovAy after Covld wlth refreshed energy. We are trying to
relook at some of the things we trnditionally do to continue doin8 them in fresh ways. Our con8re8adon as are many
congregatlons In the country are lar8ely an ageing population, and as such. they do take priority in many ways, as ￿￿11 not
forgetting the need5 of the youn8er people.
5. The Property Committee has V￿rked hard in maintslnin8 the property of the church. A big thank you to Carolyn Licence
and her team for all thelr slncere efforts, and to Gudrun for the day-ttrday upkeep of the premlses. The chancel a￿a was
refurbished, the ceiling in the church was changed. the car park was resurfaced and many others. There are other projects
in the pipeline, which are cUr￿ntlY Ii)oked at promptly.
6. The Church Stevtards and Communion Stewards have all done and are doing thelr dutles steadfastly. They need our
support. We need new people to loin the exl$11ng teams U￿ently. as ¥olunteers. I believe. Identifying and mentorlng others
would have a positive effect on this critical need.
7. The "May" walk went ahead. albeit on a revised date in June. Deswte numbers We￿ down on previous years due to the
date change. this continues to be the slngle biggest att of fundraising for the Church and two charitles, The Chr15 Aked
Foundation and Ace Africa, each received £3,(MXJ, with £250 each going to Ellie Precious and Freya Keable towards their
Guide trip to Europe.
The above are only some of the hS8hlS8hts, ho*ever, there are so mary other predous works that are 8oln8 on, done by
8enuinely wonderful people. to whom we are very grateful.
May God continue to bulld our church, In the Wa￿ He wants. Glory be to Godl
Revd. Robert Selvakumar
Orpington Methodist Church Annual Report and Accounts 2￿23
Pa8e 3

Publ1¢ Benefft:
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the
Charity Commiwon's general guidan￿ on public benefit, 'Charwties and Public Benefiv.
Financial Review
Reserves Policy:
Within Unrestrirted Rese￿e5 there are three main funds:
Society Fund and Property Fund £134.944 {2022: £106.KE). We aim to ideally hold in reserve sufficient money to cover six
Month￿ expenditure. The Church is dependent on voluntsry donations and hall lettirEs to cover the costs of its mintsterial
team, property costs and general expenses. As these income and p￿PerrY costs can be volatlle. this level of reserves is
considered prudent to manage the day to day running of the Church in an organised manner and give time for thorough
review if any difficult deasions ha%p to be made. Based on these accounts. six months, tyPi(zl general fund expenditure is
£78,OC4) so at £134.944 reserves stand approximatety 10 months. Given the continuing cost volatility at the present time.
especially with utility costs, this higher fesev¥e 15 considered PllHlenL
Legacies Fund £26,43912022: £41,139). These are monies re￿l￿d through legacies whith the Church Council will allocate
to the work ofthe Church as rideems appropriate. No legaoes were re￿IVed during the yeaL The Church Council authorised
the use of £14.7￿ of legacy funds in order to re5urfrdce the car park.
Designated Funds £366,65212022: £371.(Ml}. This is made up of three separate funds: £311.652 is invested in fixed assets:
and £55.CKKI is designated for use on the Church's work in the community.
One designated fund was fulty uiilised in the year- the Peace Garden fiJnd- of the remaining of £ICM) held as at 31" August
2022- £84 was spent coMpleti￿d the works and the remainirg £16 was tsansferred to general fund
Wlthin restricted funds there is I fund=
Internal Organisations £13.81612022= £21.5781.
These a￿ balances held by separate OTganisations within the Church who report to the Church Council and are restricted to
the use of that organisation.
Within Endowed Reserves there are two funds.
Property£l,118.25012022: £1.125,9201 which represents funds used in the purthasing of land and buildingsforthe Church's
general purposes.
Building Development Fund £673,69812022: £682.9691. This projert, which was completed in June 2021. was to develop
the potential of the Church building to create a flexible space in the church, bringing the opwrtunity to tell the story of our
faith in exciting new ways. A new bold entrance allows immediate access and visibility into a ￿TheWed church. There are
much greater opportunities for V￿¥Ship1 events and exhibition5 and other activities to serve and involve the community.
Thè Church's Free Reserves are its General Fund £161,38312022: £147.9471.
Financial O¥*r¥iew.
The Churth'5 income ￿d5 £186,626 {2022: £141.424}.
The main reason for the increase is the improvement in rentsl income compared to the previous year which was afferted bv
re5trithons under the covid regulations.
Golng Concern
The Church made a surplus of £28.135 on its Property and Society Funds. which are the main General Funds of the Church.
These two funds have reseTrps of £134,944 which is equivalent to approximately 86% of annual expenditure from thosè
funds. Alongslde this the Church has £26A39 in the Le8acies Fund and. if ne￿$sary. the £55.1Xh) that the Trustees have
designated for its vffjrk in the CommunÉty can be called utK)n. The 2023124 Budget Teflects the increased costs of livin
especially on utility costs, but early indicatlons are that the conseThative income fi8ures, especialty for hall hi￿, will be
surpassed so there are currently no con￿M$ about not rneeti￿ ReseThos Policy in 2023124 and beyond.
Orpington Methodist Church Annual Report and Accounts 2023
Page 4

Plans for F￿vre Perlods
The Trustees intend to maintain the present activibes ofthe Church wtth a focus on worship and comrnunity service. We will
continue to seek further development and capaiity buildir% in our Community Hub and the LINK Café. This will involve the
ongoing recruitment and training of new volunteers and providing opportunities for volunteering amon8 those with mental
health issues. rehabilitstion and for those seeking life skill de%eloprnertt
Declaratlon:
The trustees declare that they have approved the tru5tee< rewrt abo￿.
Si8nature-
Signa
Revd Robert Selvakumar
Chair
Mr Chri
opher Price
Church SecTetsry
th
15 February 2024
Orpington Methodist Church Annual Reix)rt and Accounts 2023
Page 5

Responslbllltlesof the Trustees
The charitvs trustees are responslble for preparing the Tn￿teeS Annual Report and the finanaal statements in accordan
with applicable law and United Kingdom Accountire Stsndards (United KI￿OM Generally Accepted Accounting Practrcel.
The law applicable to charities in En8land and Wales requires the trustees to prepa￿ financial statements for each financial
year whlch give a true and fair vlew of the stste of affairs of the charity ond of the incoming resources and application of
resources of the charity for that period. In preparirvd these financial statements. the trustees are required to:
Selett sultsble accounting policies and then apply them consistentty:
Observe the method5 and prinoples in the Charities SORP;
Make judgements and e5tFmates that are rea50nable and prudent:
State whether applicable accounting Standards have been followed, subject to any material departures disclosed and
explained in the financial statements-
P￿pa￿ the financial #atements on the 80ing Con￿rn basis unless is it inappropriate to presume that the charity
will continue in operation.
The trustees are responslble for keeping proper accounling ￿ordS 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 CharltSes Art 2011
and the Charity (Accounts and Reports) Regulations 2(N)8. The tnjstees are also responsible for saftguarding the assets of
the charity and hence for taklng reasonable steps for the prevention and detection of fraud and other irregularitie&
Orpington Methodist Churth Annual Report and Accounts 2023
Page 6

Independent Examiners Reportto the Trustees of (￿Pington Methodist (I￿r(h
Year Ended 31 August 2023
I report on the accounts of the tharity forthe year ended 31 August 2023 which are set out on pages 8 to 16.
Respertl¥e Respon51bilities ol Trnsiees and Examiner
The charity's trustees are responslble for the preparation of the accounts. The (harity's trustees consider that an audFt is
not ￿quired for this year under settion 144121 of the Charities Att 2011 (the 2011 Artl and t￿t an independent
examination is needed.
It15 my responsibility to-
examine the accounts under section 145 of the 2011 Act".
to ft)Ilow the procedures laid down in the general Dirertions given by the Charity Commi￿lOn under section
14515llbl of the 2011 Act: and
to state whether particular matter5 come to my attentio
Basis of Independent Examinerf5 Report
My examination was carried out in accordan￿ with the general Directions given by the Charity Commi$5ion. An
examination includes a ￿VIeW of the accounting records kept by the charity and a comparison of the accounts presented
with those record5. It also includes consideration of any unusual items or disdosures in the accounts and seeking
explanations from you as trustees concemirE any such matter& 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 P￿sent a
'true and fair view. and the report is limited to those matters set otit in the statement below.
Independerrt Emamlnerfs Statement
In connection with my examination. no matter has come to my attention."
11} which gives me rea￿nable (Juse to believe that in any material respect the requirements
to keep accounting records in accordan￿ with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounts￿ records and comply with the accounting
requirements of the 2011 Aci
have not been met: or
121 to which. in my opinion, attention should be drawn in orderto enable a proper understanding of the accounts to
be ￿aChed.
ILL
Kelth Robinson FCA
Chartered Accountant
Willowcroft. Brasted Chart. Westerham. KenL TN16 ILX
15, February 2024
Orpington Methodist Church Annual Report and Aco)unts 2023
Page 7

Orplngton Methodlst Church
Statement of Finandal Actl¥lttts (SOFA) forthe >*arended 31 Au8wt 2023
erdl Fw
Total
20ZZ-23
I￿res￿l￿ed) Fund5
Funds
Income
Off￿1
39.523
16.501
11.986
39,523
16.501
11,986
5,664
19.353
Oonations
Gift aid
Interest and investment income
Internal organisations
Other charitable income
19.353
93.599
I￿.273
93,599
186,626
Total In(ort*
19,353
Expendlture
Circuit assessment or shaè
44.iLL)
2.750
30.872
32,537
21.230
13,081
33,186
24,526
202.282
Grants and donations
2.7
30A72
32.537
Propèrty maintenance
Insurance.utilities etr
Depreciation
Office expense5
Other expenditu
Intemal organlsatior
Total expendlture
16.941
.(Bi
33.102
io
24,526
24.526
156.442
4373
16,941
Net Income/(e¥pendlturel
.831
4.373
-5.173
-16,941
-15.656
Transfers between funds
-16
-2589
Net movement in funds
13.436
-16.941
-15.656
Total funds broughtforward
Total funds tsrried fofward
147.917
371.¢YI
21.578
2.349A55
fS2 13m6 l791.918
1333.pjg
Orpington Methodist Church Annual Report and Accounts 2023
Page 8

Orplngton Method15t Church
Statement of Flnandal Act1¥￿ {SOFA) forthe svrended 31 Au8U5t 2022
General FuThl
1unrtstrk￿j
Desltnated
FuThls
Iunrntrltted) Funds
Tthal
2021-22
Funds
Infome
Offerlng5
Donatlons
Glft ald
Interest and investment Income
Intemal orEan15ations
Other ¢haritable income
Totsl Incom•
342C8
8.549
7.679
741
38.209
13.300
8,790
741
125
4.620
1,105
17.112
17,112
63,272
141,424
63.272
118.450
17.243
5.725
Expendltur•
Circuit assessment tr share
Grants and donations
Property maintsnance
Insuran¢e,uUlitées etc
Depreciation
Office expenses
Other expenditure
Intemal or8anlsatlons
Totll •xp•ndltrJr•
44,1
39,750
26.252
44.1
39,750
26.252
20,609
23,458
11,959
8,499
19.169
11.959
4.369
L281
io
147.039
7.138
6.881
19,169
180.227
N•t In¢0m￿le￿d￿turej
.28,589
-7,132
10,362
-13,444
-38,803
Transfers between funds
47.643
54.535
-6m2
Net mo¥•ment kn lunds
-76.232
47,4103
3,470
-13.444
-38,803
Total funds bro￿ht forward
Total funds carried tofviard
224.179
323,638
18,108
1.822,333
1388.258
147,947
371A141
2&578
I,W8,889
349,455
Orpington Methodist Church Annual Report and Accounts 2023
Page 9

## **Orpington Methodist Church Balance Sheet as at 31 August 2023** 

||**Note**|**General Fund**|**Designated**|**Restricted**|**Endowment**|**Totals**|**Totals**|
|---|---|---|---|---|---|---|---|
|||**Unrestricted**|**Funds**|**Funds**|**Funds**|**2023**|**2022**|
||||**Unrestricted**|||||
|||£|£|£|£|£|£|
|**Fixed Assets**||||||||
|Church building and other property|·4||311,653||1,791,948|2,103,601|2,124,830|
|**_Total Fixed Assets_**|||**311,653**||**1,791,948**|**2,103,601**|**2,124,830**|
|**Current Assets**||||||||
|Debtors and prepayments|5|9,809||||9,809|14,030|
|Investments with TMCP||43,439|33,985|||77,424|75,224|
|Central Finance Board Deposits||91,344|21,014|5,687||118,045|96,047|
|Cash at bank and in hand||27,573||8,129||35,702|45,254|
|**_Total Current Assets_**||**172,165**|**54,999**|**13,816**||**240,980**|**227,825**|
|**Current Liabilities**||||||||
|Creditors (due in under 1 year)|6|10,782||||10,782|3,200|
|**_Total Current Liabilities_**||**10,782**||||**10,782**|**3,200**|
|**_Net Current Assets_**||**161,383**|**54,999**|**13,816**||**230,198**|**2,349,455**|
|**_Total assets_**||**161,383**|**366,652**|**13,816**|**1,791,948**|**2,333,799**|**2,349,455**|
|**Funds of the Church**||||||||
|General Fund (Unrestricted)||161,383||||161,382|147,947|
|Designated Funds (Unrestricted)|||366,652|||366,652|371,041|
|Total Unrestricted Funds||||||528,034|518,988|
|Restricted Funds||||13,816||13,816|21,578|
|Endowment Funds|||||1,791,948|1,791,948|1,808,899|
|**_Tota/Funds_**||**161,383**|**366,652**|**13,816**|**1,791,948**|**2,333,799**|**2,349,455**|



Approved by the Board of Trustees on 15 **[th ]** February 2024 and signed on their behalf by: 

Revd Robert Selvakumar Chairman 

Mr. Franklyn Brew Treasurer 

Orpington Methodist Church Annual Report and Accounts 2023 

Page 10 



Notes to the finanoal statements
Year Ended 31 AuEust 2023
Accounting Poliue5
lal
Basis of preparation and assessment of going con￿rn
The financial statements have been prepa￿d under the historical cost convention. The financial statements have been
prepared in accordan￿ with the Statement of Recommended Practice {SORP): Actounttng and Reporting by Charities
preparlng their accounts in accordan￿ with the Financial Reporting Stsndanj applicable in the UK and Republic of I￿land
IFRS 1021 and the Charttles Act 2011.
Land and Bulldlngs owned on I" September 2017 ￿re valued at deemed cost as permitted by FRS102 when accounts are
flrst prepared under the transitional arTr￿efflents. For land. a markt value was made by Ibbett Mosely and forfixed assets
the dlscounted replacement cost IDRCI was calculated.
On the basls that there is no eviden￿ of a pe￿anent endowment. it Is assumed that the money donated to bulld the
premises was on the expectation of their long tem use and so the fair Value of the land, the buildings and the or8an on
DRC basis is taken as their deemed historlcal cost under FR5102. and treated as belonglng to an expendable endowment for
the Church's general purposes.
The trustees conslder that there are no mateflal Un￿r￿IntleS about the tharitys ability to continue as a 80in8 cOn￿rn.
Ibl
Flxed assets
All flxed assets 0￿r £5.000 are capltallsed.
Depredatlon
Land
Buildin85
Organ
Furniture and Fixtures
Not deP￿181ed
75
75 years
5 years
These expected useful lives, which represent a 5tsndardfinit7al assessment for each asset dass. have been revlewed against
cUr￿nt assumptions of each asset's likely further useful life. No si8nificant than8e5 a￿ considered ne￿$sary at thls tlme.
Idl
Income recognition
Incomels brought into account when the￿ is entitlement and the amount is ￿liablY MeaSu￿able once it is more Ilkely than
not that economic benefit of the income will be forthcomin8.
lel
Expenditure
This is recognised when a liability s Incurred. or a constmctfve obligation arise5. where the amount is rellably measurable
and it is considered moTe likely than not that the￿ wlll be an outhow of econornic benefiL
VAT
The church is not VAT re8iStered so ary VAT incurred is tharged with the expense to which it refers.
Igl
Receivables and Payables. Bank and Cash {Basic Financtal Instruments)
Debtors are stated at the amounts owed to the Church or prepaid. Creditors are inttially recognised at Settlement amount
after trade discounts, where normal credit terms apply. or the amount advanced to the Church. Subsequently creditors that
are current liabilities a￿ measured at the cash orother consideration expected to be paid. The liquid funds of bank balances
and deposit fund are shown at their realisable value& MonetaryAssets are held either by the Trustees for Methodist Church
Purposes ITMCPI as custodian trustees rf reCeI￿d through a legacy of greaterthan £20.fxKI. or as Methodist Central Flnance
Board Deposits or in local bank accounts.
Orpington Methodist Church Annual Report and Accounts 2023
Poge 11

{h)
Funds
The funds held constitute General Funds held for any purwse of the Churth whith are unrestricted. Restrirted Funds are
held for narrower purpose. Where the Church holds money that may not be spent and rnust be retained las capital) to
generate an income, the rnoney or assets to be ￿tsined are classified as an Endowment Fund. The capital will be shown in
the balan￿ sheet in the column for endowment funds. The income may be restricted or unrestricted depending upon the
terms of the endowment. Detsils of eath material fuThl are disdosed in notes 11 and 12.
Monies raised for Other Organlsations
From time to time the Church has appeals fDr other Charities: for example at LenL Harvest and Christmas. As the Church is
athng as an agent, the funds recetved are not recognised as an asset because the funds are not within the Church's control.
Consequently, the receipt of funds where the Church is acting asan agent are not recognised as inu)me. nor is itsdistribution
recogni5ed a5 expenditure. Details of these funds are shown in Note 14.
Net Incornel(ExpendItu￿l
These are stated after tharging
2023
2022
Depreciation
Independent Examtnerfs Remuneration
Totsl
21230
23.458
2L230
23.458
Trustees and employee Infornwilon
Trustee infonnatlon
No remunerdtion was paid to orwabved bYanyTntrduri￿ theyear12022: Enil). No expenses were relmbursedtoTrustees
during the year12022: £nil).
The Church has insurance with Methodist Insuran￿ with a total cost of £6.86412022: £5,958). This premium includes
ndemnity Insuran￿ for the Trustees.
b)
Employee Infornmtion
Employee numbers
2022
Number of staff
Full time equivalent
Total
0.71
0.71
Employee costs
Salaries and employment Costs
21Y22
16,648
19,485
No employee received remuneration of more than £EQ.fXKI duri￿ the year (2022: £nill
The charity consider5 its key management personnel to be the Trustees aFxI the Minister. The Trustees give their time freely
and the Minister's salary is paid by the Circuit, so there are no key management costs to report12022: £nill.
Orpington Methodist Church Annual Report and Accounts 2023
Page 12

Tan8ible fixed a55ets
nd
BU1￿[n£S
Orzan
Furnlture &
￿￿tureS
Total
C05t
As at 31 Au8USt 2022 and 2023
589.LMXI I￿,157
ii.
2.192.375
Depreciatlon
At I September 2022
Char8ed in the year
Disposals
At 31 Au8ust 2023
52,267
20.402
4.140
828
11.138
67.545
21.230
11,138
88.775
Net BoolL Value
At 31 August 2023
At 31 August 2022
589.1M) IA57A88
S89,￿> 1,477.8
57.112
57.940
2.103,6(X)
2,124,330
Z023
2022
Gift Ald
Hire of premises
Prepaid expenses
Totsl
1.753
5,329
2,727
2,978
7,867
3,184
Credltors (du¢ In under I ￿ar1
2022
Udlities
Advan￿ rentsls and depO￿ts
6,155
4,627
10.782
3,167
33
3,2
Orpington Methodist Church Annual Report and Accounts 2023
PaBe 13

Funds
The designated fund for the pea￿ garden vras spent during the finanrial >tar ended 31" August 2023.
The designed fund for building development has been capitali5ed and will be depreaated over 75 years in accordance with
the accounting policy.
Balance as at
Incornlng
Outeoing
Trdnsfers
Balance at
31 August
2023
2022
Endowed Funds
Property
Building Development
Totsl
1,125,920
682.969
7,670
9.271
941
1,118,250
673.698
1.791,948
Restrlcted Funds
Internal O￿anISatiOnS
Total
21.578
78
19.353
19.353
24.526
24,526
-2.589
-2￿89
13,816
13J16
Deswted Funds
Community Development
Peace Garden
Buildin8 Development
Totsl
55.(M)J
l(x)
315.941
371.041
55.C¥Xs
-16
4,289
4373
311.652
366,652
-16
General Funds
Property
Society
Legacies
Totsl
58338
48.470
41.139
147.947
87.474
79.799
65.746
75,996
14,700
2,605
82.671
52,273
26,439
I61￿3
167.273
Total Unrestrkted Funds
S￿988 18&626
I60￿15
528,035
Totsl Funds
1333,799
Orpington Methodist Churth Annual Report and Accounts 2023
Page 14

Endowed Funds
Property
Represent fu￿ used in purchasing larnl and buildings for the Church's general
purposes
Represents funds donated to the Church wlth the exp￿55 wish to fund the buildin8
development project
Building Development
Restrlcted Funds
Internal Organi5ations
Rep￿Sentsfunds held in the ￿nOU$churCh organisationsto caryouttheir activities
{Note 151.
0esl8nated Funds
Community Development Represents funds designated from general fund5 towards developin8 the Church's
work in the l(Kal community
Represents fvnds designated from general fvnds to deNtlop a Peao Garden in the
grounds ofthe Churth
Represents funds designated from 8enernl fvnd5 towards the buildln8 development
pro5ect
Peace Garden
BuildSng Development
General Funds
Property
Represents undesignated monies retained to provide working capltsi to enable the
Church to run and maintsin its bulldings and equipment.
Represents undesignated monies retsined to provlde workin8 capltal to enable the
Church to cary out its activitie&
Represents undesignated monies recelved from le8ades.
Society
Legacles
Fund Transfers
Durlng the year ended 31. Au8USt 2023 the followlng furtherfund trnnsfers V￿re made:
£16 {2022'. £2651 from Desi8nated Peace Garden Fund to the General Fund thls brln85 the balance of the
Designated pea￿ Garden Fund to nil.
£2,58912022: £6,492) from the Restricted Internal Or8anlsatlons Fund to the General Fund
The Church is a charity within the meanin8 of Para I Schedule 6 Finance Art 2010. Accordlngly the Churth Is potentlally
exempt from tathon In respect of Income and capltal gains to the extent that wch Income or gains are applied exduslvely
to charitable purposes. No tax charse arose in thls period.
A8•rt funds
At times durln8 the year and specifically at LenL Harkn*St and Chrlstmas, ￿ Church raises monles for speclflc Charities, and
passes the monles ralsed directly to them. As the Church Is actlng as those Charities, Agent, it does not indude the amounts
donated in its income and expendlture. The amounts concerned are detsiled below:
2022
Action for Children
All We Can
Methodist Homes
Christian Aid
Bromley 8orough Foodbank
Totsl
173
1.249
362
ioi
228
305
759
1,393
Orpington Methodist Church Annual Report and Accounts 2023
Page 15

io.
Internal Orzanlsations
Balan￿at
Inmmln8
(Wing Transfers Balance at
311(W2022
31108IZ023
680
2,131
298
2.053
8,047
607
13016
Junlor Youth Club
Senior Youth Club
Wednesday Circle
Amateur Dramatics
Voluntary Youth Project
Art Club
Totsl
3.786
1.647
1.792
i(KJ
1,589
2.037
16.688
493
3.582
9.238
910
19353
1,977
17.879
396
24.526
Orpington Methodist Church Annual Report and Accounts 2023
Page 16