**Church Accruals Accounts**
## **THE METHODIST CHURCH**
# **REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2022**
## **Wilmslow Church**
## **Registered Charity - Registration number (if applicable)**
**1129459**
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Circuit No 19/15
Minister Rev Ian Smart
Church Stewards Roger Goddard Finance and Property Chair
ChurchTreasurer Mr Bill Deverell
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## Name of Church **Wilmslow Methodist**
## **Statement of Financial Activities (SOFA) for the year ended 31 August 2022**
|**Notes to**
**the**
**accounts**
**Income**
1 - 8
1 Offerings
2 Donations
3 Gift aid
4 Interest and investment income
5 Income from investment properties
6 Internal organisations
7 Other charitable income
8**Total income**
**Expenditure**
9 Salaries, NIC & Pension costs
9a Circuit assessment or share
10 Grants and donations
11 Property maintenance
12 Insurance,utilities etc
13 Depreciation
14 Office expenses
15 Other expenditure
16 Internal organisations
17**Total charitable expenditure**
18 Gains/(losses) on monetary investments
19 Gains/(losses) on investment properties
20**Net income/(expenditure)**
21 Transfers between funds
22 Other gains/(losses)
23**Net movement in funds**
24 Total funds brought forward
**25 Total funds carried forward**|
**General Fund**
**(Unrestricted)**
**Designated**
**Funds**
**(unrestricted)**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**2021-22**
**Total**
**2020-21**
£
£
£
£
**£**
59,853
**59,853**
**61,237**
15,681
**15,681**
**2,209**
13,614
**13,614**
**14,088**
159
**159**
**10**
**0**
**0**
123,809
**123,809**
**109,151**
26,147
-10,200
**15,947**
**7,274**
**115,454**
**0**
**113,609**
**0**
**229,063**
**193,969**
25,276
109,638
**134,914**
**113,248**
54,036
**54,036**
**54,036**
10,001
**10,001**
**0**
21,777
**21,777**
**7,026**
10,771
**10,771**
**9,736**
**0**
**0**
802
**802**
**772**
-328
**-328**
**-62**
9,738
**9,738**
**13,868**
**122,334**
**0**
**119,375**
**0**
**241,709**
**198,622**
**0**
**0**
**0**
**0**
**-6,880**
**0**
**-5,766**
**0**
**-12,647**
**-4,653**
-3,440
440
3,000
**0**
**0**
350,831
**350,831**
**102,418**
**-10,320**
**440**
**348,065**
**0**
**338,184**
**97,765**
63,970
24,081
2,851,822
0
**2,939,873**
**2,842,108**
**53,649**
**24,521**
**3,199,887**
**0**
**3,278,056**
**2,939,873**|
|---|---|
## **Name of Church**
## **Wilmslow Methodist**
## **Balance Sheet as at 31 August 2022**
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Unrestricted Designated Restricted Endowment Totals this year Totals last year
(Unrestricted) Funds
.
£ £ £ £ £
Tangible Fixed Assets*
Notes
Land & Buildings 9 3,157,000 3,157,000 2,806,169
0 0
0 0
0 0
Total fixed assets 0 0 3,157,000 0 3,157,000 2,806,169
Current Assets
Debtors and Prepayments 10 7,506 7,506 10,093
Cash at Bank and in hand 10 5,074 356 5,431 3,831
Trustees for Methodist Church
Purposes deposits 0 0
Central Finance Board Deposits 41,605 24,521 4,000 70,126 76,261
Other 38,530 38,530 44,297
Total current assets 54,186 24,521 42,886 0 121,592 134,4820
Creditors and Accruals (due in under
1 yr) 11 536 536 778
Net current assets (liabilities) 53,649 24,521 42,886 0 121,056 133,704
Total assets less current liabilities 53,649 24,521 3,199,886 0 3,278,056 2,939,873
0
Loans and creditors due after 1 year 0 0
Provisions for liabilities and charges 0 00
Net assets 53,649 24,521 3,199,886 0 3,278,056 2,939,873
Funds of the Church 12
Unrestricted funds 53,649 53,649 63,970
Designated funds 24,521 24,521 24,081
Restricted funds 3,199,886 3,199,886 2,851,822
Endowment funds 0
Total Funds 53,649 24,521 3,199,886 0 3,278,056 2,939,873
Opening balance Receipts Payments Net Receipts/ Adjustments Closing
Payments balances
Internal Organisations
Fri LC 224 0 0 -224 0
Pre-school 44,073 123,809 129,352 -5,543 0 38,530
0
0 0
0 0
0 0
0 0
0 0
Total 44,297 123,809 129,352 -5,543 -224 38,530
**----- End of picture text -----**
Signed
## _**W Deverell**_
Church Treasurer
## **Name of Church**
## **Wilmslow Methodist**
## **Notes to the Accounts**
## **1. Basis of accounting**
The financial statements have been prepared under the Charities Act 2011 in accordance with FRS102 (Charities SORP (FRS102)) and the Charities Act 2011
## **2. Funds**
The funds held constitute: General Funds held for any purpose of the Church which are Unrestricted. Restricted funds which are held for a narrower purpose including those for internal organisations. There are also the following Endowment funds as listed. Details of each material fund are disclosed in the Reserves Policy . Any funds may be represented by more than just cash.
## **3. Accounting policies**
## **Basis**
These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year, on the accruals basis to show a true and fair view of the Church'’s financial position and activities.
## **Income**
Income is included in the Statement of Financial Activities (SOFA) when the Church becomes entitled to the resources, and the trustees are reasonably certain they will receive the resources; and the monetary value can be measured with sufficient reliability.
## **Expenditure**
This is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Circuit to pay out resources.
## **Grants**
Grants made by the Church from its own funds are recognised in full at the time of agreement or when the Church accepts that there is a legal or operational obligation to make the payment. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance Sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms.
## **VAT**
Since the Church is not VAT registered, all input VAT is charged with the expenses to which it refers.
## **Tangible fixed assets for use by the Church**
These are capitalised if they can be used for more than one year, and individually cost at least £1,000.
## **Investment Properties**
Investment properties - no property is currently deemed to not be held for the long term purposes of the charity.
## **Investments**
Investments are valued in the balance sheet at market 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.
## **Debtors and Prepayments**
Debtors include outstanding lettings invoices in August.
## **Creditors**
Creditors includeoutstandings relatimng to utilities, telephones, etc in August.
## **Name of Church Wilmslow Methodist**
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2021-22 2020-2021
Unrestricted Designated Restricted
4. Donations and legacies Total Total
£ £
Collections 59853 59853 61237
Tax credits 13614 13614 14088
Donations 12681 12681 2209
Legacies 3,000 3000 0
Total 86148 0 3,000 89,148 77534
2021-22 2020-2021
Unrestricted Designated Restricted
5. Charitable activities Total Total
£ £
Fund raising and grants 0 0 0
Other
Total 0 0 0 0 0
2021-22 2020-2021
Unrestricted Designated Restricted
6. Other trading activities Total Total
£ £ £ £
Letting 21920 -10,200 11720 3157
FITS 4227 4227 4118
0 0
0 0
Total 26147 0 -10,200 15947 7274
2021-22 2020-2021
Unrestricted Designated Restricted
7. Investment income Total Total
£ £ £ £
Central Finance Board 285 285 106
CAF fees -105 -105 -97
RBS -21 -21 1
Total 159 0 159 10
2021-22 2020-2021
Unrestricted Restricted
8. Other Total Total
£ £ £ £
0 0
0 0
0 0
0 0
0 0
Total 0 - 0 0
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## **9. Tangible Fixed Assets**
Cost or valuation
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Church (non Payments on
investment) Other non Investment Other fixed account and
Insurance Valuation used
land and investment land properties (land assets including Fixtures, fittings assets under
Building Only buildings and buildings and buildings) motor vehicles and equipment construction Total
£ £ £ £ £ £ £
Balance brought forward 2,806,169 2,806,169
Additions
Revaluations (+/-) 350,831 350,831
Disposals (-)
Transfers * (+/-)
Balance carried forward 3,157,000 3,157,000
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|**Accumulated depreciation**||||||||
|---|---|---|---|---|---|---|---|
|Balance brought forward||||||||
|Depreciation charge for year (-)||||||||
|Revaluations (+/-)||||||||
|Disposals (-)||||||||
|Transfers* (+/-)||||||||
|**Balance carried forward**||||||||
|**Net book value**||||||||
|Brought forward|2,806,169|-|-|-|-||2,806,169|
|Carried forward|3,157,000|-|-|-|-||3,157,000|
* The "transfers" row is for movements between fixed asset categories.
** Indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also indicate the rate of depreciation: for straight line, depreciation is based on the anticipated life of the asset (in years); for reducing balance, a percentage annual deduction is made each year.
**10. Analysis of current assets**
|**Debtors and prepayments**
Other debtors
**Total debtors and prepayments**
**Analysis of cash at bank**
Bank balance held in RBS
Bank balance held in NatWest etc (for Pre School)
Bank balance held in CFB
Petty Cash & Int. Orgs. Cash
Trade Creditors
Other Creditors
**Total Current Liabilities**
Pre paid assessments
Accrued income
**Total Cash and Bank**
**Analysis of current liabilities and long term creditors**|**This year**
**£**
Nil
7,506
Nil
7,506
5,407
38,483
70,126
71
114,087
536
536|**Last year**
**£**
Nil
10,093
Nil
10,093
3,527
44,297
76,261
304
124,389
778
778|
|---|---|---|
## **11. Analysis of current liabilities and long term creditors**
## **Capital commitments and contingent liabilities**
At the 31 st August 2022 the Church has no capital commitments.
No Contingent liabilities were identified at 31st August 2022
## **Name of Church**
## **Wilmslow Methodist**
**12. Detailed analysis of individual fund movements**
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Unrestricted Funds
Fund Name Opening Income Expenditure Transfers Revaluation Closing Balance
Balance gains/losses
General Fund 63,970 115,454 -122,334 -3,440 53,649
.
Totals 63,970 115,454 -122,334 -3,440 53,649
Designated Funds
Fund Name Opening Income Expenditure Transfers Revaluation Closing Balance
Balance gains/losses
Major Gifts 2,438 400 2838
Property 21,292 40 21,332
C&F Worker 350 350
Totals 24,081 440 24,521
Restricted Funds
Fund Name Opening Income Expenditure Transfers Revaluation Closing Balance
Balance gains/losses
Benevolent Fund 356 356
Legacies Fund 1,000 3,000 4000
Fixed Assets 2,806,169 350,831 3,157,000
Internal Orgs 44,296 123,809 -129,575 0 38,530
Totals 2,851,822 123,809 -129,575 3,000 350,831 3,199,886
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Endowment Funds
Restricted Fund Name Opening Income Expenditure Transfers Revaluation Closing Balance
Balance gains/losses
Totals
**----- End of picture text -----**
## Fund purposes
## **See Reserves Policy**
**Reasons for transfer between funds**
**See Detailed Notes**
As of 31/08/2022
||||||||Draft|
|---|---|---|---|---|---|---|---|
||||||**As of**|Budget|Budget|
|Subcategory|31/08/2018|31/08/2019|31/08/2020|31/08/2021|**31/08/2022**|2019-2020|2022-2023|
|**Income**||||||||
|**01 Offerings**
011 Pledged Giving
012 Loose Cash
015 Tax Refunded
**Total 01 Offerings**
**02 Interest and Investment Income**
**03 Lettings**
**04 Other Income**
041 Sundry Donations and Legacies
042 Fund Raising and Grants Received
043 Other Income
**Total 04 Other Income**
**Total Income**
**Expenses**|51,335
3,965
13,374
**68,673**
**293**
**29,846**
4,455
87
3,614
**8,156**
**106,968**|54,463
5,272
14,504
**74,239**
**509**
**33,150**
1,991
149
3,966
**6,106**
**114,004**|60,559
2,429
14,430
**77,418**
**543**
**20,905**
1,815
1,683
4,220
**7,718**
**106,583**|61,207
30
14,088
**75,325**
**10**
**13,622**
2,209
0
4,118
**6,327**
**95,283**|**59,592**
**261**
**13,614**
**73,467**
**159**
**21,920**
**15,681**
**0**
**4,227**
**19,908**
**115,454**|52000
4500
14000
**70500**
300
32000
2500
1000
4000
**7,500**
**110300**|60,000
300
14,000
**74,300**
**100**
**20,000**
2,500
0
4,000
**4,500**
**98,900**|
|**08 Circuit Assessment or Share**|**52,196**|**52,196**|**52,718**|**54,036**|**54,036**|52718|**51,334**|
|**09 Grants and Donations**|**2,906**|**2,845**|**0**|**0**|**10,001**|3500|**3,500**|
|**10 Repairs and Maintenance**||||||||
|101 Repairs and Maintenance|13,507|2,516|3,058|1,797|**15,894**|6000|2,500|
|102 Cleaning|7,568|6,364|6,152|3,795|**4,835**|5000|5,000|
|103 Payphone|0|0|0|0|**0**|0||
|104 Choir, Organ, AV and Computer|824|1,302|1,876|1,434|**1,047**|900|1,000|
|**Total 10 Repairs and Maintenance**|**21,899**|**10,182**|**11,086**|**7,026**|**21,777**|**11,900**|**8,500**|
|**11 Insurance, Utilities etc**||||||||
|111 Insurance|3,851|4,003|3,958|4,182|**4,341**|4200|4,400|
|112 Water Charges|953|1,238|624|590|**721**|1000|750|
|113 Heat and Light|5,827|8,237|8,065|4,964|**5,709**|7000|7,000|
|**Total 11 Insurance, Utilities etc**|**10,632**|**13,479**|**12,647**|**9,736**|**10,771**|**12,200**|**12,150**|
|**12 Depreciation**|**0**|**0**|**0**|**0**|**0**|**0**||
|**13 Salaries**|**24,782**|**24,096**|**24,694**|**27,149**|**25,276**|27000|**27,000**|
|**14 Other Expenditure**||||||||
|1410 Printing and Stationery|1,186|963|1,807|376|**396**|1000|500|
|1411 Telephones|506|247|416|396|**406**|600|400|
|1412 Postage|123|0|61|0|**0**|60|50|
|1413 Communion Wine, Candles etc.|18|71|23|0|**165**|50|100|
|1414 Sundry Expenses|200|68|590|0|**38**|100|100|
|1417 Pastoral and Secretarial|311|176|187|0|**64**|200|150|
|1418 Christian Education|132|-22|64|4|**4**|100|50|
|1420 Junior Church and Youth Work|442|740|446|225|**50**|600|500|
|1421 Outreach|302|342|265|0|**0**|250|250|
|1422 Children and Family Worker|282|-200|275|-291|**-648**|0|250|
|**Total 14 Other Expenditure**|**3,501**|**2,386**|**4,133**|**710**|**474**|**2,960**|**2,350**|
|**Total Expenses**|**115,915**|**105,184**|**105,278**|**98,657**|**122,334**|**110,278**|**101,334**|
|**Income less Expenses**|**-8,947**|**8,820**|**1,306**|**-3,374**|**-6,880**|**22**|**-2,434**|
|**Adjusted for Capital Expenditure & other fund transfers**|**-11,297**|**8,755**|**1,056**||**-10,321**|||
## **Church Balance Sheet**
As of 31/08/2022
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As of
31/08/2014 31/08/2015 31/08/2017 31/08/2018 31/08/2019 31/08/2020 31/08/2021 31/08/2022
Assets
Bank and Cash Accounts
01 RBS Business Current Account -1,210 810 -97 -986 805 5,151 -4,473 -792
02 RBS Business High Interest Account 25,406 42,525 25,752 16,859 7,781 9,295 8,296 6,199
03 Central Finance Board of the Methodist Church 55,313 55,311 97,064 70,577 79,188 75,112 76,261 70,126
04 Trustees for Methodist Church Purposes 0 0 0 0 0 0 0 0
06 Spare 0 0 0 0 0 0 0 0
07 Admin Petty Cash 26 46 58 64 54 20 8 24
Total Bank and Cash Accounts 79,534 98,692 122,776 86,514 87,828 89,578 80,092 75,557
Other Assets
10 Prepayments and Debtors 6,782 5,714 2,233 2,134 8,595 8,807 10,093 7,506
11 Traidcraft Stock 23 0 0 0 0 0 0 0
12 Loans 0 0 0 0 0 0 0 0
Total Other Assets 6,805 5,714 2,233 2,134 8,595 8,807 10,093 7,506
Total Assets 86,339 104,406 125,009 88,648 96,423 98,385 90,185 83,063
Liabilities
20 Accrued and Creditors 440 5,063 30,330 2,873 345 298 292 0
21 Friday Lunch Club Funds 502 432 262 162 262 162 162 0
22 Church Flowers Fund 36 44 75 39 70 70 70 232
23 Holiday Club Funds 86 70 124 0 0 0 0 0
24 In Together Cafe 0 0 2,390 2,665 3,867 4,811 0 0
26 Key Deposits 195 225 225 235 255 265 255 265
27 Coffee Lounge Balance 2 0 0 98 148 -1 -1 39
28 Special Collections Balance 0 0 0 0 0 0 0 0
30 Payroll Taxes Due 0 0 0 0 0 0 0 0
31 Net Salaries Control 0 0 0 0 0 0 0 0
32 Employees Pension Contributions 0 0 0 0 0 0 0 0
33 Employers Pension Contributions 0 0 0 0 0 0 0 0
Total Liabilities 1,261 5,834 33,407 6,071 4,947 5,605 778 536
Net Worth 85,078 98,572 91,602 82,577 91,475 92,781 89,407 82,526
**----- End of picture text -----**
## **Church Funds**
|**Church Funds**|||||||||
|---|---|---|---|---|---|---|---|---|
|As of 31/08/2022
Church Funds|31/08/2014|31/08/2015|31/08/2017|31/08/2018|31/08/2019|31/08/2020|31/08/2021|**As of**
**31/08/2022**|
|50 General Fund|36,427|50,520|69,761|58,463|67,218|68,274|63,970|**53,649**|
|51 Benevolent Fund|91|254|141|291|356|356|356|**356**|
|52 Legacies|17,892|15,372|0|1,000|1,000|1,000|1,000|**4,000**|
|53 Major Gifts|10,790|9,092|0|2,438|2,438|2,438|2,438|**2,838**|
|54 Property|19,878|23,335|21,700|20,462|20,462|20,462|21,292|**21,333**|
|55 Children and Families Worker|0|0|0|0|0|250|350|**350**|
|**Total Funds**|**85,078**|**98,572**|**91,602**|**82,655**|**91,475**|**92,781**|**89,407**|**82,526**|
|Check against SOFA|13,944|13,494|4,548|-11,517|-8,947|1,056|-4,304|-10,321|
## **Wilmslow Methodist**
## **Notes to the Accounts**
|**Incoming resources**
Offerings and tax recoverable
Pledged contributions
Loose cash
Income tax refunds on Gift Aid contributions
Interest and Investment Income
Methodist Central Finance Board
CAF fees
Royal Bank of Scotland etc
Lettings
Weight Watchers
Songs and Rhymes/Jabberjacks/Baby Massage
Drama and Baby Ballet
NCT etc
Keep Fit etc
Barnby Choir etc
Karate
AA and Al Anon
Pre School
Other Church Organisations
Uniformed Organisations
In Together and WI
Sundry other casual lettings
Other income
Legacies
Donations
Misc
Vision Project
Scottish Power FITS
For Foodlink*
Fund Raising (Vision Project)
* transferred to appropriate Fund
Total Income|**Aug-22**
**Aug-21**
£
£
59,592
61,207
261
30
13,614
14,088
73,467
75,325
285
106
-105
-97
-21
1
159
10
1,510
656
2,120
999
1,410
1,228
312
230
1,879
995
1,458
150
10,200
10,200
40
950
310
820
0
76
21,920
13,622
3,000
0
12,681
2,209
0
0
4,227
4,118
0
0
0
0
19,908
6,327
115,454
95,283|
|---|---|
**----- Start of picture text -----**
Resources Expended Aug-22 Aug-21
Circuit Assessment 54,036 54,036
Salaries etc (Budget with other costs)
Cleaner 10,400 10,044
Children and Family Worker 14,876 17,106
25,276 27,149
Grants/Donations
Donations from Benevolent Fund (see also transfers between funds) 0 0
Mission in Britain Fund 0 0
Methodist Church Fund for World Mission 0 0
Methodist Church Fund for Property 0 0
Ministers' Auxiliary Fund 0 0
0 0
Repairs & Maintenance
Cleaning 4,835 3,795
Premises maintenance 15,894 1,797
Equipment repairs / replacement
Gas & Electrical repairs and replacements 0 0
Vision Project
Copyright licence 554 554
Organ, Piano and Church music, Audio, TV & PC 493 880
21,777 7,026
Insurance, Utilities etc
Gas 3,480 3,206
Electricity 2,193 1,757
Water 721 590
Insurance 4,341 4,182
10,735 9,736
Summary of property accounts:
Lettings, including contributions from internal organisations 21,920 13,622
Repairs & Maintenance -21,777 -7,026
Insurance, Utilities etc -10,735 -9,736
Property Costs less lettings income -10,591 -3,140
Other expenditure:
Junior Church & Youth Work:
Teaching Literature etc 50 225
Parties and special services
Safe Guarding
50 225
Outreach:
Festivals, Fun Day, Assemblies etc
Hygiene Course
CTiW subscription
0 0
Administration:
Printing, Stationery and photocopying 396 376
Telephone 406 396
Christian Education etc 4 4
Postages 0 0
Baptism and communion expenses 165 0
Sundry costs 38 0
Church office costs 64 0
Children and Family Worker 474 -291
1,546 485
Total other expenditure 1,596 710
Total Expenditure 113,420 98,657
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|**Balance Sheet**
Cash at Bank and in hand
RBS Current Account - allowing for uncleared items
RBS High Interest deposit account
Cash Floats
Short Term Deposits
CFB
Sundry Debtors and accrued due
Sundry items due
Sundry Creditors and accrued items
Coffee Lounge
Key Deposits
Church Flowers
Friday Lunch Club
Holiday Club
In Together Café
Accrued items|Aug-22
Aug-21
-792
-4,473
6,199
8,296
24
8
5,431
3,831
70,126
76,261
70,126
76,261
7,506
10,093
7,506
10,093
39
-1
265
255
232
70
0
162
0
0
0
0
0
292
536
778|
|---|---|
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Movements between General and Restricted Funds
Other Funds
£ £ £ £ £ £
General Benev Legacies Maj. Gifts Property CFW
Fund Restricted Restricted Designated Designated
Opening Balance 63970 356 1000 2438 21292 350
Donation for CFW
Transfers -3440 3000 40
2021-22 surplus -6,880
Closing Balance 53,650 356 4,000 2,438 21,332 350
**----- End of picture text -----**
## Fund raising for external organisations
**Coffee Lounge proceeds** Action for Children Barnabus Christian Aid East Cheshire Hospice Merthodist Homes All We Can Parkinsons UK Sreepur Village, Bangladesh Teenage Cancer Trust Vision beyond Autism Wilmslow Talking Newspaper Wilmslow Wells MUCAARD
## **Special Collections**
Retiring collections, gift days etc
Action for Children All We Can (MRDF) Barnabus Christian Aid East Cheshire Hospice Methodist Homes MUCAARD Network Easter offering (MWiB) Parkinsons UK Sreepur Village, Bangladesh Vision beyond Autism Wilmslow Talking Newspaper Wilmslow Wells TOTAL Total Internal Organisation Fund Raising Grand Total Fund Raising
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|||
|---|---|
|Aug-22|Aug-21|
|0|0|
|0|0|
|0|0|
|0|0|
**----- End of picture text -----**
## **Wilmslow Church**
## **Basis of Independent Examiner’s Report**
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 the 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 respect the requirements:
- to keep accounting records in accordance with Section 130 of the Charities Act 2011.
- 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.
Name Peter de la Wyche Signature _**PeterR delaWyche**_
Relevant Professional qualification or body
FCA Address 16 Lindow Fold Drive WILMSLOW SK9 6DT
Date _**25-Nov-22**_
## **Wilmslow Church**
## **DECLARATIONS**
## **Treasurer**
I confirm that I have prepared the accounts from the records of the Church and that they include all funds under the control of the Church Council.
**----- Start of picture text -----**
Signature of Treasurer
W Deverell Date 23-Nov-22
Name
W A R Deverell
Address 12 Thorngrove Hill
WILMSLOW
SK9 1DF
**----- End of picture text -----**
## **Presentation to the Church Council Meeting for approval.**
I confirm that the Accounts were, presented to the Church Council Meeting on
and were approved.
Signature of the Chair of the meeting Name of the Chair of the meeting Date
## **Independent Examiner’s Report to the Trustees of the**
## **Wilmslow Methodist Church**
I report on the Church Accounts for the year ended 31[st] August 2022
## **Respective responsibilities of Trustees and Examiner**
The Church's trustees are responsible for the preparation of the accounts. The Church'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 2011;
- 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
## **RESERVES POLICY**
## **Report on behalf of**
## **WILMSLOW Methodist Church**
## **Church Council**
## **To**
## **BRAMHALL AND WYTHENSHAWE**
## **Circuit Meeting**
We submit our annual report in accordance with the requirements of the Methodist Conference and the Charities SORP.
- (I) The trustees have established their mission aims taking into account all of the resources available in terms of people, property and money
- (ii) Mission initiatives/projects have been costed or estimates made of projected future costs which take into account the needs of the buildings and the requirements of the Quinquennial Inspection Report/s
- (iii) We have agreed a Reserves Policy which is set out overleaf and is recorded in the trustees’ minutes and our Annual Report
- (iv) We recognise the need to be accountable as charity trustees for all the money which comes into our hands and will provide further information as required by the Circuit/District/Connexion
- (v) Our Report is attached overleaf
- please delete as appropriate
## To be completed by Receiving Body
The **BRAMHALL AND WYTHENSHAWE Circuit Meeting** received the RESERVES POLICY of **WILMSLOW Methodist Church Church Council**
YES /NO
Policy accepted and acknowledgement sent to the trustees YES Policy noted and the following enquiries made of the trustees Responses received and any further action taken **Circuit Signatures ……………………………………. ……………………………………. Date…………**
## **RESERVES POLICY** of **WILMSLOW Methodist Church**
## **Church Council**
|1.
**General Funds**held at Y/E 31/08/22|**£53,649**|
|---|---|
|||
|2.
**Restricted and Designated Funds**held at Y/E 31/08/22|**£28,877**|
|||
|3.
**Endowment Funds**held at Y/E 31/08/22|£**0**|
The Reserve Funds held by the Church are set out below. The Funds are described as Unrestricted where they can be used for any Church purpose, Designated where the Church Council has determined they should be applied for a particular purpose or Restricted where the use of the funds is proscribed by some form of legally binding rules. The level of individual Reserves and of the total Reserves held is monitored by the Finance Committee on an ongoing basis. The Finance Committee seeks to ensure that adequate but not excessive Reserves are held for the anticipated needs of the Church. They then make
recommendations from their review to the Church Council which determines any actions to be taken as a result.
## 4. **General Fund** (Unrestricted)
The General Fund comprises the accumulated surpluses and deficits on our normal income and expenditure. We aim to hold around four months’ average expenditure (about £30,000) to allow for variations in cash flows and the risk of loss of short-term letting income from church rooms. At the year end the balance was **£53,649** after donating £10,000 to the Ministers Pension Fund Reserve.
## 5. **Benevolent Fund** (Restricted)
The Benevolent Fund is held to allow the Minister to make small payments to needy people who approach the Church for urgent assistance. We aim to hold at least £100 in this fund and top it up through retiring collections. At the year end the balance was £356. There was no activity on this fund during the year.
## 6. **Property Fund** (Designated)
The Property Fund is held to provide for major repair and refurbishment expenditure for the building. We aim to hold £20,000 in this fund to ensure such work can be undertaken promptly. At the year end the balance was £21,333. Where relevant costs arise, we seek to utilize other restricted funds first to maximize the funds available for designated or unrestricted purposes within the Church Council’s control. If required, this Fund would be topped up by either a special fundraising activity or a transfer from the General Fund.
7. **Legacies** (Restricted)
The Legacy Fund comprises bequests to the Church whose use is determined by either Methodist Church Model Trust rules or by the terms of the Will. We seek to utilize these funds for major one-off expenditure such as the purchase of expensive equipment for use in the building. By its nature there is no target level for this fund. The fund currently holds £4,000. There was no outgoing activity on this fund during the year.
8. **Major Gifts** (Designated)
The Major Gift Fund comprises significant one-off gifts to the Church where it is felt appropriate to hold them outside the General Fund and utilize them for significant one-off expenditures, including support for emergency appeals. By its nature there is no target level for this fund. The fund currently holds £2,838.
9. **Children and Family Work** (Designated)
This fund was opened in September 2019 by the donation of £250 to support work with children and families. There was no activity on this fund during the year other than a further £100 donation.
10. **Internal Organisations** (Restricted) This money comprises all the reserves of Internal Organisations. These reserves are usually small except for Pre-School. At year end the total was 38,531 all of which related to the Pre-School. The Pre-school balance is approximately six months’ operational costs
11 Land and Buildings Reserve - The Church building is included in the annual Church Accounts as an asset at its insurance valuation. This reserve matches that valuation and changes over time as the insurance valuation changes. It is a restricted fund and, in the event the building was ever sold, the proceeds would revert to The Connexion and not be part of the individual Church funds.
## This Reserves Policy has been approved by
## **WILMSLOW Methodist Church Church Council**
|Treasurer|Trustee|
|---|---|
|Full name
**William A R Deverell**|Full Name|
|Signature
**_W. Deverell_**|Signature|
**Church Accruals Accounts**
## **THE METHODIST CHURCH**
# **REPORT AND ACCOUNTS (ACCRUALS BASIS) for the year ended 31 August 2022**
## **Wilmslow Church**
## **Registered Charity - Registration number (if applicable)**
**1129459**
**----- Start of picture text -----**
Circuit No 19/15
Minister Rev Ian Smart
Church Stewards Roger Goddard Finance and Property Chair
ChurchTreasurer Mr Bill Deverell
**----- End of picture text -----**
## Name of Church **Wilmslow Methodist**
## **Statement of Financial Activities (SOFA) for the year ended 31 August 2022**
|**Notes to**
**the**
**accounts**
**Income**
1 - 8
1 Offerings
2 Donations
3 Gift aid
4 Interest and investment income
5 Income from investment properties
6 Internal organisations
7 Other charitable income
8**Total income**
**Expenditure**
9 Salaries, NIC & Pension costs
9a Circuit assessment or share
10 Grants and donations
11 Property maintenance
12 Insurance,utilities etc
13 Depreciation
14 Office expenses
15 Other expenditure
16 Internal organisations
17**Total charitable expenditure**
18 Gains/(losses) on monetary investments
19 Gains/(losses) on investment properties
20**Net income/(expenditure)**
21 Transfers between funds
22 Other gains/(losses)
23**Net movement in funds**
24 Total funds brought forward
**25 Total funds carried forward**|
**General Fund**
**(Unrestricted)**
**Designated**
**Funds**
**(unrestricted)**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**2021-22**
**Total**
**2020-21**
£
£
£
£
**£**
59,853
**59,853**
**61,237**
15,681
**15,681**
**2,209**
13,614
**13,614**
**14,088**
159
**159**
**10**
**0**
**0**
123,809
**123,809**
**109,151**
26,147
-10,200
**15,947**
**7,274**
**115,454**
**0**
**113,609**
**0**
**229,063**
**193,969**
25,276
109,638
**134,914**
**113,248**
54,036
**54,036**
**54,036**
10,001
**10,001**
**0**
21,777
**21,777**
**7,026**
10,771
**10,771**
**9,736**
**0**
**0**
802
**802**
**772**
-328
**-328**
**-62**
9,738
**9,738**
**13,868**
**122,334**
**0**
**119,375**
**0**
**241,709**
**198,622**
**0**
**0**
**0**
**0**
**-6,880**
**0**
**-5,766**
**0**
**-12,647**
**-4,653**
-3,440
440
3,000
**0**
**0**
350,831
**350,831**
**102,418**
**-10,320**
**440**
**348,065**
**0**
**338,184**
**97,765**
63,970
24,081
2,851,822
0
**2,939,873**
**2,842,108**
**53,649**
**24,521**
**3,199,887**
**0**
**3,278,056**
**2,939,873**|
|---|---|
## **Name of Church**
## **Wilmslow Methodist**
## **Balance Sheet as at 31 August 2022**
**----- Start of picture text -----**
Unrestricted Designated Restricted Endowment Totals this year Totals last year
(Unrestricted) Funds
.
£ £ £ £ £
Tangible Fixed Assets*
Notes
Land & Buildings 9 3,157,000 3,157,000 2,806,169
0 0
0 0
0 0
Total fixed assets 0 0 3,157,000 0 3,157,000 2,806,169
Current Assets
Debtors and Prepayments 10 7,506 7,506 10,093
Cash at Bank and in hand 10 5,074 356 5,431 3,831
Trustees for Methodist Church
Purposes deposits 0 0
Central Finance Board Deposits 41,605 24,521 4,000 70,126 76,261
Other 38,530 38,530 44,297
Total current assets 54,186 24,521 42,886 0 121,592 134,4820
Creditors and Accruals (due in under
1 yr) 11 536 536 778
Net current assets (liabilities) 53,649 24,521 42,886 0 121,056 133,704
Total assets less current liabilities 53,649 24,521 3,199,886 0 3,278,056 2,939,873
0
Loans and creditors due after 1 year 0 0
Provisions for liabilities and charges 0 00
Net assets 53,649 24,521 3,199,886 0 3,278,056 2,939,873
Funds of the Church 12
Unrestricted funds 53,649 53,649 63,970
Designated funds 24,521 24,521 24,081
Restricted funds 3,199,886 3,199,886 2,851,822
Endowment funds 0
Total Funds 53,649 24,521 3,199,886 0 3,278,056 2,939,873
Opening balance Receipts Payments Net Receipts/ Adjustments Closing
Payments balances
Internal Organisations
Fri LC 224 0 0 -224 0
Pre-school 44,073 123,809 129,352 -5,543 0 38,530
0
0 0
0 0
0 0
0 0
0 0
Total 44,297 123,809 129,352 -5,543 -224 38,530
**----- End of picture text -----**
Signed
## _**W Deverell**_
Church Treasurer
## **Name of Church**
## **Wilmslow Methodist**
## **Notes to the Accounts**
## **1. Basis of accounting**
The financial statements have been prepared under the Charities Act 2011 in accordance with FRS102 (Charities SORP (FRS102)) and the Charities Act 2011
## **2. Funds**
The funds held constitute: General Funds held for any purpose of the Church which are Unrestricted. Restricted funds which are held for a narrower purpose including those for internal organisations. There are also the following Endowment funds as listed. Details of each material fund are disclosed in the Reserves Policy . Any funds may be represented by more than just cash.
## **3. Accounting policies**
## **Basis**
These accounts have been prepared on the basis of historical cost except that investments are shown at their market value at the end of the year, on the accruals basis to show a true and fair view of the Church'’s financial position and activities.
## **Income**
Income is included in the Statement of Financial Activities (SOFA) when the Church becomes entitled to the resources, and the trustees are reasonably certain they will receive the resources; and the monetary value can be measured with sufficient reliability.
## **Expenditure**
This is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or constructive obligation committing the Circuit to pay out resources.
## **Grants**
Grants made by the Church from its own funds are recognised in full at the time of agreement or when the Church accepts that there is a legal or operational obligation to make the payment. When the grant is recurrent over more than one year the balance payable in future years is treated as a provision for future commitments in the Balance Sheet against the appropriate fund, the provision being released in future years as instalments are paid in accordance with the originally agreed terms.
## **VAT**
Since the Church is not VAT registered, all input VAT is charged with the expenses to which it refers.
## **Tangible fixed assets for use by the Church**
These are capitalised if they can be used for more than one year, and individually cost at least £1,000.
## **Investment Properties**
Investment properties - no property is currently deemed to not be held for the long term purposes of the charity.
## **Investments**
Investments are valued in the balance sheet at market 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.
## **Debtors and Prepayments**
Debtors include outstanding lettings invoices in August.
## **Creditors**
Creditors includeoutstandings relatimng to utilities, telephones, etc in August.
## **Name of Church Wilmslow Methodist**
**----- Start of picture text -----**
2021-22 2020-2021
Unrestricted Designated Restricted
4. Donations and legacies Total Total
£ £
Collections 59853 59853 61237
Tax credits 13614 13614 14088
Donations 12681 12681 2209
Legacies 3,000 3000 0
Total 86148 0 3,000 89,148 77534
2021-22 2020-2021
Unrestricted Designated Restricted
5. Charitable activities Total Total
£ £
Fund raising and grants 0 0 0
Other
Total 0 0 0 0 0
2021-22 2020-2021
Unrestricted Designated Restricted
6. Other trading activities Total Total
£ £ £ £
Letting 21920 -10,200 11720 3157
FITS 4227 4227 4118
0 0
0 0
Total 26147 0 -10,200 15947 7274
2021-22 2020-2021
Unrestricted Designated Restricted
7. Investment income Total Total
£ £ £ £
Central Finance Board 285 285 106
CAF fees -105 -105 -97
RBS -21 -21 1
Total 159 0 159 10
2021-22 2020-2021
Unrestricted Restricted
8. Other Total Total
£ £ £ £
0 0
0 0
0 0
0 0
0 0
Total 0 - 0 0
**----- End of picture text -----**
## **9. Tangible Fixed Assets**
Cost or valuation
**----- Start of picture text -----**
Church (non Payments on
investment) Other non Investment Other fixed account and
Insurance Valuation used
land and investment land properties (land assets including Fixtures, fittings assets under
Building Only buildings and buildings and buildings) motor vehicles and equipment construction Total
£ £ £ £ £ £ £
Balance brought forward 2,806,169 2,806,169
Additions
Revaluations (+/-) 350,831 350,831
Disposals (-)
Transfers * (+/-)
Balance carried forward 3,157,000 3,157,000
**----- End of picture text -----**
|**Accumulated depreciation**||||||||
|---|---|---|---|---|---|---|---|
|Balance brought forward||||||||
|Depreciation charge for year (-)||||||||
|Revaluations (+/-)||||||||
|Disposals (-)||||||||
|Transfers* (+/-)||||||||
|**Balance carried forward**||||||||
|**Net book value**||||||||
|Brought forward|2,806,169|-|-|-|-||2,806,169|
|Carried forward|3,157,000|-|-|-|-||3,157,000|
* The "transfers" row is for movements between fixed asset categories.
** Indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also indicate the rate of depreciation: for straight line, depreciation is based on the anticipated life of the asset (in years); for reducing balance, a percentage annual deduction is made each year.
**10. Analysis of current assets**
|**Debtors and prepayments**
Other debtors
**Total debtors and prepayments**
**Analysis of cash at bank**
Bank balance held in RBS
Bank balance held in NatWest etc (for Pre School)
Bank balance held in CFB
Petty Cash & Int. Orgs. Cash
Trade Creditors
Other Creditors
**Total Current Liabilities**
Pre paid assessments
Accrued income
**Total Cash and Bank**
**Analysis of current liabilities and long term creditors**|**This year**
**£**
Nil
7,506
Nil
7,506
5,407
38,483
70,126
71
114,087
536
536|**Last year**
**£**
Nil
10,093
Nil
10,093
3,527
44,297
76,261
304
124,389
778
778|
|---|---|---|
## **11. Analysis of current liabilities and long term creditors**
## **Capital commitments and contingent liabilities**
At the 31 st August 2022 the Church has no capital commitments.
No Contingent liabilities were identified at 31st August 2022
## **Name of Church**
## **Wilmslow Methodist**
**12. Detailed analysis of individual fund movements**
**----- Start of picture text -----**
Unrestricted Funds
Fund Name Opening Income Expenditure Transfers Revaluation Closing Balance
Balance gains/losses
General Fund 63,970 115,454 -122,334 -3,440 53,649
.
Totals 63,970 115,454 -122,334 -3,440 53,649
Designated Funds
Fund Name Opening Income Expenditure Transfers Revaluation Closing Balance
Balance gains/losses
Major Gifts 2,438 400 2838
Property 21,292 40 21,332
C&F Worker 350 350
Totals 24,081 440 24,521
Restricted Funds
Fund Name Opening Income Expenditure Transfers Revaluation Closing Balance
Balance gains/losses
Benevolent Fund 356 356
Legacies Fund 1,000 3,000 4000
Fixed Assets 2,806,169 350,831 3,157,000
Internal Orgs 44,296 123,809 -129,575 0 38,530
Totals 2,851,822 123,809 -129,575 3,000 350,831 3,199,886
**----- End of picture text -----**
**----- Start of picture text -----**
Endowment Funds
Restricted Fund Name Opening Income Expenditure Transfers Revaluation Closing Balance
Balance gains/losses
Totals
**----- End of picture text -----**
## Fund purposes
## **See Reserves Policy**
**Reasons for transfer between funds**
**See Detailed Notes**
As of 31/08/2022
||||||||Draft|
|---|---|---|---|---|---|---|---|
||||||**As of**|Budget|Budget|
|Subcategory|31/08/2018|31/08/2019|31/08/2020|31/08/2021|**31/08/2022**|2019-2020|2022-2023|
|**Income**||||||||
|**01 Offerings**
011 Pledged Giving
012 Loose Cash
015 Tax Refunded
**Total 01 Offerings**
**02 Interest and Investment Income**
**03 Lettings**
**04 Other Income**
041 Sundry Donations and Legacies
042 Fund Raising and Grants Received
043 Other Income
**Total 04 Other Income**
**Total Income**
**Expenses**|51,335
3,965
13,374
**68,673**
**293**
**29,846**
4,455
87
3,614
**8,156**
**106,968**|54,463
5,272
14,504
**74,239**
**509**
**33,150**
1,991
149
3,966
**6,106**
**114,004**|60,559
2,429
14,430
**77,418**
**543**
**20,905**
1,815
1,683
4,220
**7,718**
**106,583**|61,207
30
14,088
**75,325**
**10**
**13,622**
2,209
0
4,118
**6,327**
**95,283**|**59,592**
**261**
**13,614**
**73,467**
**159**
**21,920**
**15,681**
**0**
**4,227**
**19,908**
**115,454**|52000
4500
14000
**70500**
300
32000
2500
1000
4000
**7,500**
**110300**|60,000
300
14,000
**74,300**
**100**
**20,000**
2,500
0
4,000
**4,500**
**98,900**|
|**08 Circuit Assessment or Share**|**52,196**|**52,196**|**52,718**|**54,036**|**54,036**|52718|**51,334**|
|**09 Grants and Donations**|**2,906**|**2,845**|**0**|**0**|**10,001**|3500|**3,500**|
|**10 Repairs and Maintenance**||||||||
|101 Repairs and Maintenance|13,507|2,516|3,058|1,797|**15,894**|6000|2,500|
|102 Cleaning|7,568|6,364|6,152|3,795|**4,835**|5000|5,000|
|103 Payphone|0|0|0|0|**0**|0||
|104 Choir, Organ, AV and Computer|824|1,302|1,876|1,434|**1,047**|900|1,000|
|**Total 10 Repairs and Maintenance**|**21,899**|**10,182**|**11,086**|**7,026**|**21,777**|**11,900**|**8,500**|
|**11 Insurance, Utilities etc**||||||||
|111 Insurance|3,851|4,003|3,958|4,182|**4,341**|4200|4,400|
|112 Water Charges|953|1,238|624|590|**721**|1000|750|
|113 Heat and Light|5,827|8,237|8,065|4,964|**5,709**|7000|7,000|
|**Total 11 Insurance, Utilities etc**|**10,632**|**13,479**|**12,647**|**9,736**|**10,771**|**12,200**|**12,150**|
|**12 Depreciation**|**0**|**0**|**0**|**0**|**0**|**0**||
|**13 Salaries**|**24,782**|**24,096**|**24,694**|**27,149**|**25,276**|27000|**27,000**|
|**14 Other Expenditure**||||||||
|1410 Printing and Stationery|1,186|963|1,807|376|**396**|1000|500|
|1411 Telephones|506|247|416|396|**406**|600|400|
|1412 Postage|123|0|61|0|**0**|60|50|
|1413 Communion Wine, Candles etc.|18|71|23|0|**165**|50|100|
|1414 Sundry Expenses|200|68|590|0|**38**|100|100|
|1417 Pastoral and Secretarial|311|176|187|0|**64**|200|150|
|1418 Christian Education|132|-22|64|4|**4**|100|50|
|1420 Junior Church and Youth Work|442|740|446|225|**50**|600|500|
|1421 Outreach|302|342|265|0|**0**|250|250|
|1422 Children and Family Worker|282|-200|275|-291|**-648**|0|250|
|**Total 14 Other Expenditure**|**3,501**|**2,386**|**4,133**|**710**|**474**|**2,960**|**2,350**|
|**Total Expenses**|**115,915**|**105,184**|**105,278**|**98,657**|**122,334**|**110,278**|**101,334**|
|**Income less Expenses**|**-8,947**|**8,820**|**1,306**|**-3,374**|**-6,880**|**22**|**-2,434**|
|**Adjusted for Capital Expenditure & other fund transfers**|**-11,297**|**8,755**|**1,056**||**-10,321**|||
## **Church Balance Sheet**
As of 31/08/2022
**----- Start of picture text -----**
As of
31/08/2014 31/08/2015 31/08/2017 31/08/2018 31/08/2019 31/08/2020 31/08/2021 31/08/2022
Assets
Bank and Cash Accounts
01 RBS Business Current Account -1,210 810 -97 -986 805 5,151 -4,473 -792
02 RBS Business High Interest Account 25,406 42,525 25,752 16,859 7,781 9,295 8,296 6,199
03 Central Finance Board of the Methodist Church 55,313 55,311 97,064 70,577 79,188 75,112 76,261 70,126
04 Trustees for Methodist Church Purposes 0 0 0 0 0 0 0 0
06 Spare 0 0 0 0 0 0 0 0
07 Admin Petty Cash 26 46 58 64 54 20 8 24
Total Bank and Cash Accounts 79,534 98,692 122,776 86,514 87,828 89,578 80,092 75,557
Other Assets
10 Prepayments and Debtors 6,782 5,714 2,233 2,134 8,595 8,807 10,093 7,506
11 Traidcraft Stock 23 0 0 0 0 0 0 0
12 Loans 0 0 0 0 0 0 0 0
Total Other Assets 6,805 5,714 2,233 2,134 8,595 8,807 10,093 7,506
Total Assets 86,339 104,406 125,009 88,648 96,423 98,385 90,185 83,063
Liabilities
20 Accrued and Creditors 440 5,063 30,330 2,873 345 298 292 0
21 Friday Lunch Club Funds 502 432 262 162 262 162 162 0
22 Church Flowers Fund 36 44 75 39 70 70 70 232
23 Holiday Club Funds 86 70 124 0 0 0 0 0
24 In Together Cafe 0 0 2,390 2,665 3,867 4,811 0 0
26 Key Deposits 195 225 225 235 255 265 255 265
27 Coffee Lounge Balance 2 0 0 98 148 -1 -1 39
28 Special Collections Balance 0 0 0 0 0 0 0 0
30 Payroll Taxes Due 0 0 0 0 0 0 0 0
31 Net Salaries Control 0 0 0 0 0 0 0 0
32 Employees Pension Contributions 0 0 0 0 0 0 0 0
33 Employers Pension Contributions 0 0 0 0 0 0 0 0
Total Liabilities 1,261 5,834 33,407 6,071 4,947 5,605 778 536
Net Worth 85,078 98,572 91,602 82,577 91,475 92,781 89,407 82,526
**----- End of picture text -----**
## **Church Funds**
|**Church Funds**|||||||||
|---|---|---|---|---|---|---|---|---|
|As of 31/08/2022
Church Funds|31/08/2014|31/08/2015|31/08/2017|31/08/2018|31/08/2019|31/08/2020|31/08/2021|**As of**
**31/08/2022**|
|50 General Fund|36,427|50,520|69,761|58,463|67,218|68,274|63,970|**53,649**|
|51 Benevolent Fund|91|254|141|291|356|356|356|**356**|
|52 Legacies|17,892|15,372|0|1,000|1,000|1,000|1,000|**4,000**|
|53 Major Gifts|10,790|9,092|0|2,438|2,438|2,438|2,438|**2,838**|
|54 Property|19,878|23,335|21,700|20,462|20,462|20,462|21,292|**21,333**|
|55 Children and Families Worker|0|0|0|0|0|250|350|**350**|
|**Total Funds**|**85,078**|**98,572**|**91,602**|**82,655**|**91,475**|**92,781**|**89,407**|**82,526**|
|Check against SOFA|13,944|13,494|4,548|-11,517|-8,947|1,056|-4,304|-10,321|
## **Wilmslow Methodist**
## **Notes to the Accounts**
|**Incoming resources**
Offerings and tax recoverable
Pledged contributions
Loose cash
Income tax refunds on Gift Aid contributions
Interest and Investment Income
Methodist Central Finance Board
CAF fees
Royal Bank of Scotland etc
Lettings
Weight Watchers
Songs and Rhymes/Jabberjacks/Baby Massage
Drama and Baby Ballet
NCT etc
Keep Fit etc
Barnby Choir etc
Karate
AA and Al Anon
Pre School
Other Church Organisations
Uniformed Organisations
In Together and WI
Sundry other casual lettings
Other income
Legacies
Donations
Misc
Vision Project
Scottish Power FITS
For Foodlink*
Fund Raising (Vision Project)
* transferred to appropriate Fund
Total Income|**Aug-22**
**Aug-21**
£
£
59,592
61,207
261
30
13,614
14,088
73,467
75,325
285
106
-105
-97
-21
1
159
10
1,510
656
2,120
999
1,410
1,228
312
230
1,879
995
1,458
150
10,200
10,200
40
950
310
820
0
76
21,920
13,622
3,000
0
12,681
2,209
0
0
4,227
4,118
0
0
0
0
19,908
6,327
115,454
95,283|
|---|---|
**----- Start of picture text -----**
Resources Expended Aug-22 Aug-21
Circuit Assessment 54,036 54,036
Salaries etc (Budget with other costs)
Cleaner 10,400 10,044
Children and Family Worker 14,876 17,106
25,276 27,149
Grants/Donations
Donations from Benevolent Fund (see also transfers between funds) 0 0
Mission in Britain Fund 0 0
Methodist Church Fund for World Mission 0 0
Methodist Church Fund for Property 0 0
Ministers' Auxiliary Fund 0 0
0 0
Repairs & Maintenance
Cleaning 4,835 3,795
Premises maintenance 15,894 1,797
Equipment repairs / replacement
Gas & Electrical repairs and replacements 0 0
Vision Project
Copyright licence 554 554
Organ, Piano and Church music, Audio, TV & PC 493 880
21,777 7,026
Insurance, Utilities etc
Gas 3,480 3,206
Electricity 2,193 1,757
Water 721 590
Insurance 4,341 4,182
10,735 9,736
Summary of property accounts:
Lettings, including contributions from internal organisations 21,920 13,622
Repairs & Maintenance -21,777 -7,026
Insurance, Utilities etc -10,735 -9,736
Property Costs less lettings income -10,591 -3,140
Other expenditure:
Junior Church & Youth Work:
Teaching Literature etc 50 225
Parties and special services
Safe Guarding
50 225
Outreach:
Festivals, Fun Day, Assemblies etc
Hygiene Course
CTiW subscription
0 0
Administration:
Printing, Stationery and photocopying 396 376
Telephone 406 396
Christian Education etc 4 4
Postages 0 0
Baptism and communion expenses 165 0
Sundry costs 38 0
Church office costs 64 0
Children and Family Worker 474 -291
1,546 485
Total other expenditure 1,596 710
Total Expenditure 113,420 98,657
**----- End of picture text -----**
|**Balance Sheet**
Cash at Bank and in hand
RBS Current Account - allowing for uncleared items
RBS High Interest deposit account
Cash Floats
Short Term Deposits
CFB
Sundry Debtors and accrued due
Sundry items due
Sundry Creditors and accrued items
Coffee Lounge
Key Deposits
Church Flowers
Friday Lunch Club
Holiday Club
In Together Café
Accrued items|Aug-22
Aug-21
-792
-4,473
6,199
8,296
24
8
5,431
3,831
70,126
76,261
70,126
76,261
7,506
10,093
7,506
10,093
39
-1
265
255
232
70
0
162
0
0
0
0
0
292
536
778|
|---|---|
**----- Start of picture text -----**
Movements between General and Restricted Funds
Other Funds
£ £ £ £ £ £
General Benev Legacies Maj. Gifts Property CFW
Fund Restricted Restricted Designated Designated
Opening Balance 63970 356 1000 2438 21292 350
Donation for CFW
Transfers -3440 3000 40
2021-22 surplus -6,880
Closing Balance 53,650 356 4,000 2,438 21,332 350
**----- End of picture text -----**
## Fund raising for external organisations
**Coffee Lounge proceeds** Action for Children Barnabus Christian Aid East Cheshire Hospice Merthodist Homes All We Can Parkinsons UK Sreepur Village, Bangladesh Teenage Cancer Trust Vision beyond Autism Wilmslow Talking Newspaper Wilmslow Wells MUCAARD
## **Special Collections**
Retiring collections, gift days etc
Action for Children All We Can (MRDF) Barnabus Christian Aid East Cheshire Hospice Methodist Homes MUCAARD Network Easter offering (MWiB) Parkinsons UK Sreepur Village, Bangladesh Vision beyond Autism Wilmslow Talking Newspaper Wilmslow Wells TOTAL Total Internal Organisation Fund Raising Grand Total Fund Raising
**----- Start of picture text -----**
|||
|---|---|
|Aug-22|Aug-21|
|0|0|
|0|0|
|0|0|
|0|0|
**----- End of picture text -----**