BRIGHOUSE Brighouse Central Methodist Church Trustees, Annual Report and Financial Statements 31st August 2023 Commerclal Street Brighouse West Yorkshlre HD6 1AQ Reglstered Charlty No. 1129462 Contents Our Calling Our Work- A Revlew of Activitles for 2022-23 Our Plans for the Future Flnanclal Revlew Governance Information li Organlsatlonal Policles 12 DeclaratSons 13 Independent Examlnels Report Statement of Flnanclal Actlvltles 14 15 Balance Sheet 16 Notes to the Flnanclal Statements 17-27 Brlghouge Central Methodist Church Registered Charty No1129462 Annual Report and Flnanclal Statements 2022-23 Our Calllng Our statement of call is based upon Central's core belief from Mark 12: 28-31 "Love the Lord your God with your heor¢ mlnd, soul t7ndstrength- ond love others a5 you love yourselr. A Church whlch gathers to worshlp and scatter5 for rn1s51on. where Chrlst Is central. Who are we? 8rlghouse Central Methodist Church Is a frlendly, open and Incluslve Chrlstlan communltyi welcomin8 all - believers, doubters and seekers - to Share in its life. It is an outward lookin8 church and is commltted to flnding creatlve ways to en8a8e with and serve the communlty. Our ministry is carried out through worshlp, outreach, and fun. We Invlte you to explore faith and splrltuality with us. Our Mlsslon The mlsslon of Brighouse Central Method15t Church is to celebrate God's presence and to make God's love of justice and wholeness for all people known within our local community by applyln8 Chrlst's teachlngs. We carry out this mlsslon, by providlng to members, friends, and others, Indlvldually and collectively* opportunities to.. Create a place of good news in todaws world - 8race, hope, acceptance and reconclllatlon Offer to the communities around u5 safe places for worship and acceptance Think about Ilfe's big questlons and take seriously some of falth's answers, allowln8 room for mystery and uncertainty Walk alongslde one another when Ilfe's journey gets dlfficult Strive for a lust world shaped by Jesug teachSngs'. love, forglveness, acceptance and servlce Glve attention to some of the things the world neglects, Ilke humlllty, peace, kindness, gentleness, self-control Our Outreach Stratsgy: To nurture a culture In the church whlch is people-centred, carin8 and flexible. To develop confidence In evangelism and In the capatlty to speak of God and faith In way5 that make Sense to all involved. To encourage and make available varied worship opportunities appropriate for people of all ages, durlng the week a5 well as on Sundays. To help people grow a greater awareness of God's awesome presence, and to experlence God's love, at all stages of life. To help our own members and regular attendees grow in their faith and Involvement at Central. To carry out mi55ion-focused ministries to serve our communitie5 and the wider world Brlghouse C¢ntr•l Methodist Church Règlstered Charlty No1129462 Annual Report and Finarrial Statements 2022-23 Our Work- A Review of Attivities for 2022-23 The Methodist Church reminds us that "Church" can be wherever we gather or scatter, conscious of our calling as disciples of Jesus. We already knew this. but lockdown brought It Into sharp focu5. There was a great desire to"return to normal" but that was not practically possible or missionally necessary at the time. Our task at that time was to consider what use of our buildings and what pattern of worship would best setve the discipleship of our people and the need5 of our local community. We have had to be creative and remain open-minded to new idea5 and approaches. Famllles We are aiming to build upon our work wlth familles in the Brlghouse area. Our Lay Pastor has re-started a Toddler Group on a Tuesday morning, which is well attended. Regular attendance 15 between 17 and 25 children and their Brown ups. Notices are given every week about church activitles and formal Invltation5 to speclflc thlngs e.g. Christmas seNice, HaNest and Easter Eggstravaganza. Muslc The Worship Band work closely together to lead rnusic in worshlp and have played outslde the buildlng on local community event days. New members have been welcomed into the band. Communlty The community links are increasing through different medium5: Coffee. cake and chat- community coffee mornlng, a chance for fellowship and buildlng relationships wlth people who attend. Various activities and charlties have been supported over the year. Wednesday Table Tennls - we have seen Ilnks with attendees at table tennis pull through to lunches and worship. Notlces about church events have been shared. Thursday Art Group- independent and collaborative work. Falth based artwork opportunltles with links to events or seasons in church. Support The inclusive hospltallty and compasslon shared with those who recelve support from Central Is evldent through the varlous outreach projects includinB: Open Door- this takes place every Friday with regular attendances between 30 and 45. sometime5 more. There Is an Invitatlon to pray before food, to services and church events. Work with 50clal prescribin8 team, healthy mlnd5, aglng well practltloner5 and home instead charlty. The Staying Well team, who work In the communlty not only si8n post, but brln8 their client5 to the sessions. Strong links with the Foodbank have been made and thls has increased in the last six months. Rest Stop Dementia Café- thls has lust begun responding to the need for space for carers and those living with dementia to meet with others. Foodbank-we have recently re¢ruited a new Foodbank Manager who has some creative ideas about how to increase the capacity for those who we serve. People accessing Foodbank provision varies but we have seen an increase in the number of families accessing the Foodbank weekly - not just the school holiday parcels. Prayer Cards 80 into every food parcel that goes Qut. Flyers for events and seryices are also added. Brighouse Central Methodist Church Registered Charity No1129462 Annual Report and Financ￿1 Statsmenl8 2022-23 Chur¢h Ufe In September the Circuit reshaped and put groups of churches into Clusters to begin workirTrg together and share resources. Slnce September we have worshipped together twice, the first se￿iCe at Bethesda Methodist Church and the second at Central. Both Services were very well attended and very uplifting. Sunday moming service5 are still being streamed live on Facebook. The Worshlp Band and Choir have worked well together to create meanlngful worship. The Well-worship Band led worship and table talks. 7pm on the flrst Sunday in the month wlth an average ttendance of 50. This is a mixture of people from Brighouse, the Clrcuit. new people and those who haven't attended the Sunday morning service since COVID. The weekly'Time for God, sloton Friday mornings hascontlnued on Facebook. Thls short meditative seryi continues to be part of our weekly worshlp and is a welcome time of reflectiorb for many. Thanks 80 to the mlnlster5 and local preachers who prepare and deliver these meditations. Junior Church ha5 continued to be part of our church family every Sunday mornin8 bein8 ably led by our Junior Church coordlnator. Youth Group - Inltially run as Youth Alpha, thi5 has continued. The youn8 people meet every Sunday evening, except for the first Sunday in the month as that is The Well servlce. There has been an increase in attendance with many not attendin8 church regularly and some have never attended of been in church. House Groups and Prayer Groups have contlnued to meet through the 'Zoom' platform. Thls seems to be meetlng the need5 of those wishlng to engage In these activities and forthe time beln8 at least, will contlnue In th15 Way. The weekly notice Sheet has contlnued to be d15tributed by email, or by hand for those who cannot access it onllne. Pastoral Vlsltors play an Important role wlthln our church communlty. Thelr dillgence and caring support has meant that each church member and adherent has recelved regular vlslts. They have been the link for each person to be part of our church famlly as a whole. Each Pastoral Visitor offers a monthly Prayer Card to each person on their list. The Church Famlly Weekend was once again held in Scarborough in January 2023. Those who attended were able to share fun and fellowshlp together. Ladles Afternoon Fellowship- thls group meets once a month. Bible Study Is held online- currently 2 groups running. Prayer Groups and Lent Study Groups are held. Seasonal events- this includes the Christmas weekend, Easter Eggstravaganza135 children in attendance). School vislts- Schoo15 Vlslted church at Christmas and took part in advent activities and heard the Christmas story. There have also been some schools visits to the Foodbank. Foodbank were invited into an assembly in a local school where previou5 'invitation in, has been challenglng. Brlghouse Contral fvlethodist Church Registered Charlty No1129462 Annual Report and Financi81 Statements 2022-23 Community Weekend-engaging in a Brighouse Communlty weekend hasalways been an Important partof our mission. Sharing in this occasion in June 2023 we invited children to explore faith and life through the Polar Express Story and this included crafts and lots of hot chocolate. People Rev Vicky Atkins, minister at BriEhou5e Central ha5 been in post now for a year. Laura Braime, Lay Pastor Is a huge support and is Involved in much of church life. She is constantly looking at new ways of supporting those in our local community. Rachel Owens 15 our new Foodbank Manager. She organises rota5, liaises wlth community food providers and Seeks funding through grants and fundraising activities for this important work. Stewards Team The Stewards Team meets on a monthly basis alternately wlth members of the Leadership Team and chaired by Rev Vi¢ky AtkSns and Lay Pastor Laura Braime. John Holmes- Senlor Church Steward This past year hos seen our Stewards Team grow, we have welcomed Janet Ratcllffe and Wendy To150n to the team, and they have both wllllngly jumped into the deep end. Rev Vlcky has provlded structure to the team, and we all have our own responsibllities that should help the church function and grow with clear oversite. The team have stepped up and this past year has seen us deal wlth many challenges. I cannot thank the team enough for thelr ongolng commitment and look forward to working wlth them for the foreseeable future. The church itself has seen Sunday worshlp attendance rlse over the past year showing strorb8 signs of recovery from the pandemlc. Our events and group activltles have returned only wlth your support and participation. th15 is In5plrational, and I feel It contlnues to give us purpose in the community. The future may continue to provide challenges and we will not give up but continue to work through them together. There are stlll many tasks that could do wlth extra hands but wlth more people. the less pre55ure. Flnally, we mustn't lose slght of the people who organise the Open Door lunches. those who or8anise and run the Saturday coffee mornings and the refreshments after Sunday mornin8 servlce5. Members of the Flower Team who ensure there are beaullful flowers in church each Sunday, and the Gardening team and the Monday Morning team who help to maintain the church both inside and out. The organisers of Ladles Afternoon Fellowshlp, and the table tennis. We also have a taring and committed Pastoral Team who provide excellent pastoral support to everyone who attends church. A slncere thank you to everyone, as It was pointed out by one of the Stewards that there are an awful lot of people who on a regular basi5 make a huge commltment to keep our church alive, and we say a heartfelt thank you from the Stewards Team. Each Steward has been a5Sl8ned specific area5 of church to oversee and support and below each Steward set5 Out details of their areas of work and support. Wendy Tolson As the Steward providin8 the connection between church and Circuit there are several ongoing Issues. The most important is the plan for the future of the Clrcult which l am sure Rev Vicky will outline in 8reater detail. Sufflce it to say that we all need to embrace the future and where it leads positively and prayerfully. We are entering stationing to find a replacement for Rev Paul Welch for5eptember 2024 and in anticipation of the appointment a new manse has been identified to meet current regulations. Four churches: Salem, Mount Tabor, Northowram and Lumbutts have closed or are to be c195ed and sold along with other surplu5 properties. 50 it is a busy time for the graveyard and property committees. Brlghou¥e Con￿1 Mèthodist Church Regi$ttrred Charfty No1129462 nnual Report and Firwicigl Statements 2022-23 Peter Blackburn The Hall roof ha5 beerb completed although the building project is no more but we do want to implement 50me of the elements which were meant to be included in that work such as the disabled access and the Hall floor. The work to the toilets has started and we hope for completion by end of July. A lot of work is being done with Health & Safety and Fire Drills to try and redress the reviews not done because of COVID. We are really grateful to the Monday Team for all the work they do both in the buildings and to the garden. The Property & Finance Committee consists of 7 people and there's a lot to do in an old building like ours nd the work never stops. After the turmoil that COVID and Lockdown brought to everyone'5 life we can now settle back to something approaching normality. Davld Ingram I have been asked as Steward to look at charities that 05 church we can help. Recently we have ralsed money for Christian Ald and sponsored Matt runnin8 in Leeds to raise E500 for Overgate. Next. I Intend to bring CICS to the church's attention. There will be envelopes In pews for 3 charitles over the next year and if members have a favourite charity they wish to bring to our church familvs attention for their prayer5 etc. then I will consider this. Val McLeod As the Steward responsible for Worshlp, l am grateful to the Choir, organist5 and Worshlp Band includlng all the people who have been willing to help with the 'Local Arrangement, services and hope that others wlll also be wllllng to partlclpate in future services. Llnda Freeman Mornin8 services continue to be livestreamed with m05t viewings happening over the subsequent week. Some improvements have been made to the sound recently so that the Cholr and congre8atlon can be heard more clearly but for the full effect, a wireless microphone system for the Choir's corner will be needed. Property & Finance Committee have approved thi5 purchase and Robble Freeman wlll be installing it. We contlnue to be very grateful to Rev. Graham Smith for all hls hard work In preparlng our screen presentatlons. Thanks also to the "tech team" which Is only very small and new members would be welcomed. Laura Bralme- Community and events,. In terms of events in the last 12 months, we have done quite a lot of the 'usual stuff. We had the Christmas Market weekend wlth Natlvlty Festival. There were a lot of people jolnlng us and some people came from the Nativity Festival to other things over Christmas, Includlng our Natlvity Service and Chri5tln81e. We've had Roger Davies, band concert whlch was sold out with 31x1 people filllng the church and the Easter E8gstravaganza when we welcomed 32 children. We have done the 1940s weekend whlch was successful. Afternoon teas wlth cakes on Saturday, then Sunday with the son85 of praise wlth the Cholr which was well attended with people from acr055 the Circuit and the wider communlty. We've started 'The Well, monthly evenlng sesslons with the Worship Band, whlch was a rousing success. We also have Marsh Ladies Choir and the Brighouse and Rastrick Brass Band concerts to look forward to. Open Door Ivnches have grown from 14 to over 30, sometimes over 50 each week. We have restarted the Art Group, and Toddlers Group which has approximately 20 children attendin8 each week, but we've had contact with over 50 families. Brighause Central Methodlst Church Rggistered Charity No1129462 Annual Report and FSnandal Statements 2022-23 Youth Alpha has grown into a Youth Group. We went to Cliff Festival this year and we're hoping to expand on thls and go again next year. Janet Ratcliffe The Foodbank is currently undergoing a period of transltion as we have recently oppointed a new Foodbank Manager. Help from members of church, whatever time they can give would be very much appreciated to enable us to keep the Foodbank running alongside the current volunteers, serving the needs of our Brighouse Community. Wesley House is where the Foodbank is based, and operates on a Friday 1- 3pm, though the collection of donatlons at supermarkets and other churches happens throughout the week. We are also in the process of transferring excess Stock from a unit in Huddersfield to Wesley House and closln8 the Huddersfield unit down. The Safeguarding Team have been meeting on a 416 weekly basls and first and foremost the team deals wlth all concerns of child and adult welfare referred to the church Safeguardlng Offlcer, Val Eggleton. We have updated all the policie5 and procedure5 for church whlch were accepted at a recent Church Council meetlng. We continue to monitor who needs to attend the Introductory Safe8uardin8 training if they have takerb on a new role within church or notify those who need to attend the Refresher or Advanced Course5. We also keep a record of everyone needing a DBS and when It's time for renewal. Church Premlses Many dlfficult declsions have constantly had to be made regarding the proposed re-development of our premises. The orlginal buildin8 scheme proved too expensive to proceed with and 50 a modified second scheme was proposeii. Unfortunately, the contlnulty of risin8 Costs in all area5 of bullding work alongslde the wlthdrawal of some external grant5 has meant that once agaln any slgnificant building work has been put on hold. Conversation5 are being had Into the completion of rooflng works outstanding from the Quinquennlal Property Report undertaken In 2018. The church trustees are kept up to date wlth changlng plans and situatlons and have to 8lve their approval for any declslons necessary to move forward. The Circuit Property and Finance Group are kept up to date wSth the Current sltuatlon and regular meetln85 are held between representatlves from the Clrcult Property & Finance group and the church. BrIgh0￿• Centyal M•thodlst Church Registered Charity No1129462 Annual Report and Finanaal Slatsments 2022-23 Our Plans for the Fulure: A Vision Day was held on 19th February 2023 in which we did a SWOT 1Strength5, Weaknesses, Opportunitie5 and Threats) analysis for the churth. At the end of that meeting there wa5 several questions unanswered that required background work and an invitation was given to anyone who wished to join a team to investigate some of the questions raised, to make themselves known. This was the forming of the Livlng Stones Team. The Living Stones Team is made up of a variety of people from acro55 the ton8re8ation. Revd Vicky Atklns- Minlster and Circuit Superlntendent, Laura Braime- Lay Pastor, Val Clarkson-Treasurer loutgoingl, Richard Holmes Treasurer lincomingl, Janet Ratcliffe, Martyn Dowell, Val Eggleton, Michael Roughton, Val McLeod, David Brackenrid8e and Brian Clayton. The Living Stones Team looked at the SWOT analysis and each took questions or areas to investigate and began the research. The team asked another member of the congregatlon Brlan Shea, wlth expertise In stat15tlcs, to support with some of the fact finding and data gatherin8. Extensive research regarding the context of BCMC has been undertaken: ONS Indices of deprivatlon Community Survey Internal and external Takin8 Stock of what we already do Provision Mapplng of Bri8house- what's on where, when? D15CUSsion wlth profe551ona15 regardlng'gaps, In 5UPPOrt for people. Property searches- What other optlons could there be? It was felt that the Living Stones Team needed to consider future development with a focus on 11 people (mission and discipleship) and 21 property. The team then split Into two sub-groups but met tO8ether regularly. The team reported back to the Church General Meeting in June wlth thelr current findln85 and posslble optlons for both people and property and meetlng was happy for the Llving Stones Team to continue with the work it had begun. Development of existlng provislon.. Suicide prevention grant - this has been put into funders for tralnlng to support mental health and wellbelng, wlth focus on Frlday sessSons and Includes lunches and foodbank. Within the fundlng bld, we have requested additional funding to enable opening at an addltlonal tlme durlng the week for those who access Friday provision and need someone to talk to. Opportunities for increased participotion of group5 Within church servlces l events- e.g. could ask toddlers to come and be in the nativity service, ask art group to create a piece for Remembrance Se￿Ice, etc. The festival of crlbs worked well last year with groups In church creatlng their own nativity scenes. To make the m95t of mi55ional opportunitie5. there needs to be consistent invitation to various activities at church and the bulldlng of relationships. Brighouse Central Nethodist Church Registered Charity No1129462 Annual Raport and Financial Staternents 2022-23 Financial Review The summary financial figures below are taken from the full independently examined financial statements whith follow on pages 15 to 28. Extracted from Ststement of Financial Activities:. Totsl Church Funds: Deficlt of £68,579 (Deflcit of £84,053 in 2021-221 General Church Funds: Surplus of £36,141 {Deflclt of £4.896 in 2021-221 Extracted from Balance Sheet:. At 3118123 at 3118122 Fund Balances: General Church Funds: Facllities Manager Major Buildin8 Project Fund: Foodbank: Other funds.. Total Church Funds: 36,068 20.818 9,397 144,833 47,199 21,477 243,724 lexcludlng value of flxed assets) 75,269 51,739 12,069 175,145 Cash In Bank: Central Finance Board.. Current Accounts 85,353 43,852 171,877 42,488 Wlth the Pandemic now behlnd us we are tryln8, 8in8erly to return to ¢hurch-Ilfe as we knew it. and this year Saw the return of three major fund-raising events A Concert In March, Gift Day in April and Treasurer's Challenge which be8an in June and at the time of writing is on-going. All of these, alon8 Wlth the transfer of funds from the Facllltles Mana8er and Muslc Academy funds account for the Increase In General Church Funds whlch In turn ha5 led to us not needlng a further ball-out payment from the Circuit. Room Bookings continue to Improve and we have been able to capltalise on the closure of other buildings In the town - we have secured three new regular bookings whlch are to commence Septloct 2023 and which should increase our income from thi5 Source circa £1Sk p.a. Income from church activities also continues to flourish- from a very slow start, our Open Door Lunches have grown in popularity and donations. Table Tenni5, Art Club, Book Exchange, Centralpedes Walking Group, Coffee & Chat, all continue to make regular and much appreciated contributions to the General Fund Repairs to the School Hall Roof mentioned In last year's report are now complete however due to weather conditions at the time, along With the theft of lead, the interior of the building suffered. a5 did the funds and we were left with plastering repairs in various parts of the building. After what seemed a drawn out process the refurbishments of the main toilets was all but completed by the end of the year. This report will focus on the maln charitable funds and their respective activities durin8 the last year. Brighou8e C•ntral Methodlst Church Registored Chorlty No1129462 Annual Report and Flnandal Statèments 2022-23 General Church Fund: This unrestricted fund covers the day-to-day operations of the Worshipping Church and its premises. The budget for 2022-23 projected a deficit of £476. based on income of £109,880, expenditure of £128.844, and net transfers from other fund5 of £18,488. Total Income actually came to E120.319, £10,439 above budget alld expenditure was £123,559, £5.285 under-budget. With the transfers of £18,488. thls saw the General Church Fund increase by £15,248 in the year. The majority of Central's Income. £90.955, has come from church members through regular giving, donations. and income from various events and activities. Room letting income was slightly below budget at £13,305, but much improved from the prevlous year whlch was slgnificantly affected by Covld lockdowns and i55ue5 Wlth the leaking roots. Expendlture was below budget, by £5,285. Repalrs and Maintenance exceeded budBet bylu5t over £4,000, due mainly to a new boiler and Fire alarm system However. this was offset by the anticlpated increase in utllities not taklng effed as qulckly a5 thought resultlng in gas and electricity charges belng below budBet by £6,878- other savings were to be had across the board. The largest single cost item remains Central's contribution to the Calderdale Clrcult's runnlng costs, at £72,019 for the year. Major Bulldlng Projert Fund: The Fund started the year with a balance of £144,833 but as to be expected. roof repalrs and toilet refurblshment have eaten Into thls which accounts for the much reduced balance of £75,269. It should also be noted that there have been no grants or fundralsin8 speciflcally for this fund durlng the period. However the fund does continue to benefit from the increase in Interest rates. albeit the balance has shrunk conslderably. Central Foodbank: Despite an increase In demand from the communlty the Foodbank continues to thrlve as Is reflected In the increase in assets (stock and funds) from £47,199 to £51.739. This in the main is due to donations as opposed to 8rants and fundraisin8, none of whlch have been prevalent due to the transltlon between the Foodbank Manager leavlng and a new one being appointed. The Future- Flnancially: The Church continues to be reliant on regular gNing, donations. fundraising and room lettings as the maln sources of Income and whilst we can be optimistlc on thls front we must also be aware of, and properly manaBe our expenditure. There is still work to be done with the improvement of access and the forthcoming Quinquennlal Report wlll undoubtedly raise other areas of concern. The increase In utility bllls anticipated last year is now a reality. Whllst we remain positive about the future we cannot and should not be complacent. Brighou8e Central Methodist Church Registered Charity No1129462 Annual Report and FSnand81 S181ements 2022-23 10 Governance Information Church Address: Central Methodist Church, Commercial Street, Brighouse, HD6 IAQ Governance: Act of Parliament - The Methodist Church Act 1976. Brighouse Central Methodist Church operates under the Constitutlonal Practice and Dlsclpllne of the Methodist Church ICPD}. Our Objectives: As a member church of The Methodist Church of Great Britain our oblectives are'.- The advancement of the Chrlstlan falth in accordance with the doctrinal standards and discipline of the Methodist Church. Any charltable purpose for the time being of any connexional, dlstrict, circuit. local or other organlsatlon of the Methodist Church. Any charitable purpose for the tlme belng of any society or Institution belng a society or Instltution subsldiary or ancillary to the Methodist Church. Any purpose for the tlme belng of any charity being a charlty subsidiary or ancillary to the Methodist Church. Recrultment of Trustees: The Church Councllls the Trustee body for the Church. All members of the Church Councll are therefore Trustees of the Charity. The constitution of the Church Council Is set out in CPD which outlines a range of ex-offlcS0 members of Church Councll to ensure that all areas of the Church's life are represented on the Council. CPO also details the processes for appolntlng and electln8 Other persons a5 members of the Church Councll. Tru5tee5 as at 30th October 2023 Rev Vlcky Atkins Ichairl, Chrlstine Cliffe lsecretaryl Jennifer Blackburn, Peter Blatkburn, Laura Bralme, Davld Carter, Val Clarkson, Helen Clayton, Val E88leton, Llnda Freeman. Sheila Hoodlass, John Holme5. Richard Holmes, David Ingram, Pippa Lupton. Val M¢Leod, Janet Ratcliffe, Susan Yates, Wendy Tolson, Robble Freeman, Michael Roughton, Brian Clayton. Susan Burton, and Lana Flood The following also served as trustees during the period 1st Sept 2022 to 31 August 2023:_ Carolyn Stafford Independent Examlners: Sleigh & Story, Thornhill Brigg Mills. Thornhill Beck Lane, Brighouse, HD6 4AH Bankers: Vlrgin Money, 12 Bradford Road, Cleckheaton, BD19 3RJ Central Flnance Board of the Methodist Church, 9 Bonhill St. London, EC2A 4PE Brlghouse Central Methodlst Church Reglstered Charity No1129482 Annual Report and Fln8ndal Statements 2022-23 Organisational Policies Pay Policy: Central follows The Methodist Church of Great Brltain's pay polities and guidance for all posts. Rates of pay are reviewed annually, and all staff are paid at least the Real Livlng Wage as issued by the Living Wage Foundation. Investment5: Central invests any cash funds which are surplus for day-to-day cashflow requirements Into a deposit fund held by the Central Finance Board of the Methodist Church. The funds that 5UPPOrt the Model Trust Bequest5 and Golden Wedding funds are held by the Trustees for Methodlst Church Purposes in Trustees Interest Funds on which Interest Is credlted to the accounts each month. The Armltage Bequest Is held In the CFB Managed Mixed Fund. These are regarded as medium and long-teTm investments. Reserves: Central's reseNe5 policy is reviewed annually and was last reviewed In October 2023. The current policy is to hold unrestrlcted free reserves withln an ideal range of £40.OQKI to £60,000, and a mlnlmum target level of £30,OCK). The mlnlmum figure was calculated with reference to the monthly and annual cash-flow cycles to ensure cash balances in the General Church Fund remaln p051tive throughout the year, specifically in relatlon to the quarterly payment of the Clrcult Assessment. The Ideal range was agreed as belng suitable when considering1055 of income contingency planning. In Ilght of the Church's experience in the recent pandemic the ideal range has been reduced to reflect that glvlng and donatlons contlnued, and that the largest risk to income related to room lettings and event Income. As at 31" August 2023 the unrestrlcted free reserves totalled £36,12712022: £20,877). These reserves are below the Ideal range. 11 Is part of Central's long-term financlal strategy to increase reserves throu8h increasing unrestricted income and moving back to annual surpluses rather than deficlts. Funds held In restricted funds are by nature held for speclflc purposes or projects within the church and are not included with the reserves policy. As at 31" August 2023 restrlcted funds Included the Major Project Fund1£75,2691. Central Foodbank1£51,7391. and other restricted fund$1£12,0691. Fundralslng actlvltles.. Central does not use any professlonal fundralser or commercial participator to carry out actlvlties on the charit¢s behalf. Due to the low level of fundraising the charity undertake5, the charity is not a participant of a voluntary scheme for reBulatin8 fundraislng, or any voluntary standard of fundraislng for the activlties carrled out on behalf of the charity. Should the charity at some point In the future undertake a Specific fundraising campaign or start to generate more income through fundraisin& the trustees wlll look to sign up to voluntary fundraising code. Brighous• C•ntral Mèthodlst Church Registered Charity No1129482 Annual Report and Financial St8tements 2022-23 12 Public Beneflt ststement: The Trustees conflrm that they have complied wlth the duty in section 4 of the Charities Act 2006 to have due regard to the Charity Commission'5 general guidance on public benefit 'Charltles and Public Benefit,. This Trustees, report clearly sets Out Central's charitable objects, our current activities and how they benefit the public. Tangible fixed 3ssets for use by the charity: Detalls of movements in fixed assets are set out in note 12 to the accounts. Recognltlon of Llabllltles: Llabilities are recognised when there Is a legal or construttlve obllgation commlttlng the organisation to the expenditure. Declarations I confirm that these accruals-based accounts for the year to 31st August 2023 have been prepared from the records of the Church and that they include all fund5 under the control of the Church trustees, Treasurer, Richard Holmes Date: 30" October 2023 Presentatlon to the Church trustees I confirm that the annual report and accounts for the year ended 31st August 2023 were presented to the meeting of the Church trustees held on 30, October 2023 Chair of the meetlng, Rev Vlcky Atkins Date.. 30, October 2023 13 Brlghouse Central Methodlst Church Registered Charity No1129462 Annual Report 8nd Finanaal Statements 2022-23 Independent Examiner's Report Responslbllltles and basls of rnport I report to the trustees on my examination of the accounts of the Brlghouse Central Methodist Church for the year ended 31 August 2023 set out on page5 15 to 27. As the Church's trustee5, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l. I report In respect of my examlnatlon of the Church's accounts carried out under section 145 of the Act and. In carryinB out my examination, I have followed all the applicable Directions 8iven by thè Charity Commlsslon under sertlon 1451511bl of the Act. Independent Examinerfs Ststement I have completed my examlnatSon. I conflrm that no materlal matters have come to my attentlon in connection with the examination which 8ive me cause to believe that In, any materlal respect: the accountlng records were not kept In accordance wlth section 130 of the Act; or the accounts do not accord with the accounting records,. or the accounts do not comply with the appllcable requirements concerning the form and content of accounts set out in the Charltles (Account5 and Reports) Regulatlons 2008 other than any requlrement that the accounts 8Sve a 'true and falr, vlew, whlch is not a matter considered as part of an independent examination the trustees, annual report is not consistent with the accounts I have no concerns and have come across no other matters In connection with the examlnatlon to whlch attentlon should be drawn In thls report In order to enable a proper understandln8 of the accounts to be reached. I have not obtalned Independent verlflcation of all Investments with the Trustees for Methodlst Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodlst Church whlch are Indivldually In excess of £10,000 Iten thousand pounds) at the balance sheet date. Sl8nature of Independent examlner: Name of independent examlner: Jonathan Stead Relevant professional qualificatlon of independent examiner- Chartered Certified Accountant Name of firm.. Sleigh & Story, Thornhill Brigg Mills, Thornhill Beck Lane, Brighouse, HD6 4AH Date-. lio/ Brfghouse Central Methodlst Church Registered Charty No1129462 Annual Report 8nd Financial Statements 2022-23 14 st Statement of Financial Activities for the year ended 31 August 2023 Ilncorporaling the income and expendi￿re account) General Fund Unr•stri¢Xed funds Designat8d R88tricted lunds Funds Total 2023 Income Off•rfn Donated Gocds and SeNu8 Oonatlons Grants GIftA￿ Interest 8nd Investment Income Inlemal organisations Olher charitabkry kncome 50,608 50,608 30,333 44,927 54.049 14,827 3,703 9,309 31.S89 240,373 30,333 19,851 64,049 25,076 14.439 832 2,871 10.337 29.366 120.321 TotAI Incomo 120.052 Exp•ndlturn Clreult a#se$sment Grants and donations Property maintananc8 In8urgnce. utlltties elc Office expenses Oth•r exp8nditur• Inl•mol organisatbns 72.019 1.245 9.032 18,491 491 22,281 72,019 1.246 131,016 18,688 491 42.197 126.986 97 19,916 10258 185,230 Total •xp•ndltur• 123,559 308.789 N•t Incorne I l•xp•ndllurnl befor• transforn 88 18 G•ln•lllMu•l on mon•tiry Invwtm•r 17 11831 11631 Gro•# trinsf•rn b•trM•n lund$ 18,488 19,3071 19,0911 oth•r galns1llo•￿8) P4•t mov•m•nt In lund• lorlh• year 15.250 Tot•1 lunds brou9ht fomard It 1# Sept 6,848,804 9,397 213,450 8,071,651 Totsl fund• ¢arrt•d lorw*rd it JIM Auy 5,864,054 139018 6 003 072 15 Brighouse Central Methodist Chur¢h R¥gi8lered Charity No1129462 Annual Rewt and FinancAal Statements 2022-23 st Balance Sheet as at 31 August 2023 Un￿$trICted Funds 008tgngted Fund5 Reslrlcted Funds Tots18 2023 TotaL8 2022 No¢0$ Flx•d a8001s Church buifdiThJ 8nd (ther property 12 5.827,927 s￿27.927 5,827.927 Current a¥sèts Stock In hand Oebtoi$ ood prepaym8nt8 I￿￿$1M8n1$ wrth TMCP ¢FB d•poshs Cash At bink Ind In hAnd 13 14 25.964 25,914 19.194 3.734 86,362 44,219 178,464 23,604 45,639 3,897 171,877 43,302 288,319 19,1 59 283 19,910 39,446 3,875 85.Cfj9 24,310 139,018 18 18 Llabllltks Creditors.. amounts tsllln9 du• wllhln ono year 19 13.3191 13,3191 144,6951 N•t ¢urr•nt •MOts 38,127 139,018 175,145 243.724 Total a¥o•ts ¢urr•nt Ilablllths 5.864.054 139,018 ,003.072 6.071,651 Cr•dttNB.' arnoun¢b falllng du• •fter mor• than one yèlr Loan8 to the Church N•t *•••l• S,B64.OJ4 139.018 6,003,072 6,071,651 Funth 23,24&25 Unr••trl¢t4d lunds General funds Oaglgnated funds 6,864,064 6,848,804 9.397 R••td¢t•d lund• 139,018 213.450 Total fund# lo￿4rd at311t AugU•t 6,003.072 6,071,651 Thè fin8nci81 slatvments w•re approv￿ Church Coundl on 3¢Y Ocic•er 2023 4nd 5ign•d on thelrbehaff by.. Rèv Vl¢ky Atklns Chalr of Truste88 Rl¢hard Holm Tr¥a$urgr Thg notss on pa906 17 10 27 forni part olthese ffinanckwl 51at•ments. Brlghou$• Central Methodist Church Registered Charity No1129482 Annual Report and Flnanc4al Statements 2022-23 16 Notes to the Financial Statements for the year ended 31st August 2023 1. Accounting frarnework and polieies The prin￿p1a accounting poliaes adopted, jud98m8rts and key sourrLs of estimation utKxrtainty in the preparglion of the financial ¥talements ore as f¢lths.' Accountln9 framowo The fJnan¢ial sittements have been prepJred in oecordonce with Accountlng antl R&portlng by Charklg$.' Statement of Re￿rnmen￿e￿ Pra¢tice appllcabla lo charitie8 prep8dng their accounts in ac¢ordanc8 With the Finan¢lal Reportlng Standard applicable in th8 UK and Republic of Iwland IFRS 1021 lelf&ct￿e 1 January 20191- ICh•ritles SORP IFRS 10211, the Finan￿al Reporting St&nd8rd appll¢ab in the UK and R¢public of Ir¢land (FR$ 1021. Publlc beneflt ontlty Brighou$¢ Cenlrol Molhodlst Church Th￿¢t8 th• defIn￿on of a publ1¢ bgn¢frt ?ntty under FRS 102. A58etB IkgbllWe$ ￿￿ initially recogntsad it hk4tod¢al eost or transaabn valua unkns ilated In the relevant accountlng pow notes. Pr•p4ratlon gf th? JGcounls on i golng ¢onG•m ￿$1￿. Baged on the monetary assets and human resources available at 31tyAugu$t 2022 th8 Iru8teeJ b¢li8v• Ihat the Chufth KI * oolng concern. At the tlme of 8pprovlng the flnand81 statements. the Tru8te85 h8ve 8 ro880nsbl• •xpect•Von that th8 chArty has 8dequaiè sourc49 to ￿ntInu• In oporavo￿l oxl$l¢nco forth¢ fore$e¢able fulule. Fund ac¢ountlng Unrestr￿1•d funds are ivallablo for the use at the dhcrot5on of th• TTuste•s In frJrth•r•n¢* olthe charIta￿0 c￿ect5¥88 of Central DoI￿n￿l•d fund$ ccffiprlse unroilrlthd fvnd& that hqve bgen put a8lde •t the dlsmtlon of th• tru$tee6 for PBrtkular purpose¥1$8g nol• 231. R•stNcted Incomt fund$ liè funds •ubSoct10 •pedfie r•$trlctk)n$ lryoiod by the donors, funder8, orby tho purposo of the aFw•I, Th• purpose and us• of the roslrthd fund8 are sal out In the notes te thè financial 8latemenl8. Exp•ndtturn whlch meets th•w cltorfa l• ch8rg8d to the fund, Indudlng where approprlgte • l•lr •11¢¢4llon of overhead$ and $upport coata. In¢om• Inrxjma 1$ recoonlsed whtn Central h•$ entmement lo th• lunds, any p&rfoman¢e condttions Atto¢W to th• Ilemljl ol inc¢¥n• hw• b￿￿ m&t,111s probable that th• IrKome wlll be i•cefved, Bnd tho grnounl can bo m8aBured reliabty. Dol•rred Incom• Afiy In¢omo r•ceived In thls accounting perlod whlch ralat•81o ac￿¥￿1•￿ to be undertaken kn futur• *¢¢ounllng perlodi h d•fvrrod. Int•rn•t r•¢•l¥4bl• Interest on funds hold on d8posll Is Included when rncai¥Abl• and th? 0Tr)unt ¢•n be m?•$ured relhbly by th• ¢harW,' t￿8 M nomial upon nollficAb"on olthe Interest p•ld or ply•b￿ by th• Bink Don•tsd s•rvlc•K Donated professional and denat8d facllrtles 8r8 recegnlsed IB Incornewhen the charity has controlov•rthe item, •ny¢ondlOon8 asso¢l•ted wllh the donatsd itom have bBen rnel. ihe recelpt of economir bon•fl from the us• by th¢ charty ofth¢ h8m18 Probab￿ and Ihal econornicbeneffl can be measured reliably. In accordanca the Ch8ritie8 SORP IFRS 1021 the general time of volunteern ts n¢4 recognlsed. On receipt. donated profe88￿n￿l and ¢)n•t¢4 fo¢llllk$ arg ￿cl￿nIsed on the b8sis of th8 V8luo of the glft to the charity whlch the Amount Iha chgrity woullj have been %￿lI1￿j to poy 10 obtsln $eN1¢66 or 14cM￿leS of equ￿a￿nt 8conomk benofft on th8 open market., a corraspondlng arnounl is then racognl$¢d In expendlluro In the perfod of rec8lpt. Expondltur• Expendhure Is recognlsed OnCethe￿ 1$ a legal orc4nsIruct￿e obligallonto make a paymentlo a Ihlrd party, It Is probabl8thatsattK8rnent wlll be required and the amount of the obligation can be measured reliabty. Oporatlng lea8es Rental$ applKaN0 t¢ oporatirvj ￿8S0& ao ¢h8roed to tho St8temont of Flnancial A¢tW￿05 on a $tmlgh¢ Ilne ba$l¥ over the tarm of the a5e. 17 Brighouge Central Methodlst Church Registered Charity No1129462 Annual Report and FInar￿al Ststemertts 2022-23 Notes to the Financial Statements for the year ended 31st August 2023 k. Tanglble ffxgd assots - Froehold proparty 15 shown in the accounts at the I￿Ur￿l value as calculated by MelhoJi$l In¥uranee PLC. lTha￿ldUal ￿&d 8S88ts cosllThJ £1,000 or moro are ¢aplta1188d over thelr estimatsd usalul ecenc￿1G Iwe$ on 8 strakJht line basis •$ follows". Category Major $twdural Improv8mentS Other premise5 irTprovemen15 Computers and other equipment Annu•l R•te io% 33.3% Ono full y8aY$ depre￿atIon is chBTged In the year of purthag0. I, stock Stock L5 Indud¥d at the kner of ¢08t or nel reali5abk7 valLte. Donatsd Itams ol slock are remnts•d at falrvalue whlch Is tha amount the charty woulj have been willlrvJ to pay lorthe It￿• on the opon rnathel. m, Investmont• CU￿nI 8s$et Investrn¢nts indude any depos￿ lund8 whlcth #rg nc4 rnadlly 8cceB3lbl&withln ong wgek n, Co$h at bank and In h•nd Cish al bonk •nd in hand indudo8 cajh 8nd Jhort tenn hl9hty Inv•8tm8rts whkh ife Acco&$lbl? wlthln on• ￿e￿. o, Cr•dltoM •nd prvvhlons Cradrtors and provisions #re rofJtynlse¢ whern the ch8nty has I pr69eDI obligatlon re8ulling from • po$¢ ovent that will probably rnsu n the troTh$1gr offvnds to a Ihlrd party and the amuni dug to ￿ttle the obllgaiion can b8 m8asuTed or o$Um8t•d rellabty. Cieditor8 and provisions 114 nomi4lly r8cognlsod at their sottlèmenl amount •ft¢r •rvJwing for Bny trade dM¢ounls due. p, P•n•lon ¢ontrlbulloM Centr41 operat•8 * pen$lon s¢h8me In ¢ompliance with the wethplarn pen$lon requirements. In lin6 wlth tha r8gul8tlen$ employee$ •1• •uloenrolled Into a work￿sCe ￿nSIOn when Ihe n•￿$s0ry requirémtsnt# are m•t, At present no employ¢•s meet Ihe n8c4s&ary roqulMm•nts. ¢¢nlrlbuticns due lo 8rnpkyeè#' pan$lon8 ar¢ charg¢¢ to thg Slat8rThJnl of Firwnd41 A¢liV￿￿&S In the perfod to which they rnlite. DetallJ ol Iho coniribullon• In th1$ flnandal year can bè I￿n In the nole• to th• financial Jtatemenli. g, T•x•tlon C•nlral Is exempt frcffj plyment ot In¢om? and corporitlon tix on its charit•bl¢ actlvitKqs. Cefitral's I￿￿111e6 ore •x¢ryt und8rVAT r•gulalloTkA', t￿101¢￿ nolVAT reglBtered. Al Irro¢ov?r¥bk8 inputVAT incuN¢dfjs Induded on the relevant C05t Iln•. Capltsl ¢¢)nwnltrn•ni• Centr•l hod no ￿p1a1 Wm[￿lmOntI en the d•t¢ Ihe a¢￿unt& weie approv•d. GIM$ary oft•mis CFB: Central Flnance Board of Iho Melhodlsl Church manage% a Common D8po$VL Fund and a 8•ri85 of pookd inw$l￿nt lunds for Methodl$t enllties In Great Britain *nd provid&s Investment a(Svice to those enttt￿s ¢hurrh'. # group of members frcrn fewei than 10 to more than 300 Clrcult.. a grgup of Melhodisl Churches near each other, typlcally beh¥ean 10 Bnd 30 Connoxlon.. The MathcMJlsl Church in GB whirh indude¥ the Head Offic8 at MethodistChur¢h House, all MethodL4t Dlstrth. Clrcult8 ond Chur¢h&s in G￿at Britaln Dlstrl¢t'. a group of conllgucus Cireults. usualty b6ts¥een 15 ond 30 FRS.. Fin#r￿1¥[ Reporting Standard SOFA.. Slaternent of Finana81 ActniitwJ SORP.. Staien*nt of Recommended Practice TMCP.. TrusteB$ f¢r Meihodi8t Church Purposes, the and Custodian Trustee gl 811 Methodlst Model Trust pr•p8rty. induding L¢gades, Endowments and Accumulated Funds Brighousè Central MethodiBt Chur¢h R￿l$tored Charity No1129462 Annual Report ond Finanaal Statemgnts 2022-23 18 Notes to the Financlal Statements for the ear ended 31st August 2023 statomont of Flnanclal Actlvwes for previous yoar Ge￿ra1 Fund Unrestrict•d fttnds Not88 Destqnatod Restricte nds Funds Total 2022 Income Off8ring8 Dwatsd G¢od$ and Se￿1¢*$ Donotlons Grants Gift Aid Intere8t and Inw$kn•nt Incorn• Internal orgoniJ8tKryns Olhfjr ¢harltablo incwo 48.389 476 8.478 23.761 11.272 48,389 26,152 19.883 63,768 12,820 871 7,286 27,676 11,405 29,997 1,548 871 16.005 10B,381 1.427 80,1 Totsl In¢ 188.571 Exp•ndI￿re ClrcJJll a88assm8nl Gr•nts gnd don81ion$ Property rnalntenanco InBuran￿, ut11k￿3 elc Offlc• èxponsos Olhor expandttui? Inlemal or98nhollon• 74,214 1,20ri 2,897 14,310 74.214 2,360 82,252 14.310 590 89,489 9,151 272 366 1,180 79,335 19,168 70,321 9,151 159,987 TolAI •xpondlturn 112,379 N•t Income I lexp•ndknrnl befor• translern 3,998 79,797 G•lnUUlo¥¥￿Tr on mon•tsry In¥•8tments 17 12581 12581 Gm8 trqn8far8 b8tswen fvnd• 18981 oth•r galnWI1￿¥￿1 N•t mo¥•m•nt In fund• ktrth• y•ar 79.157 Totsl fttnd$ brought forward al I￿ Sept 6.853,7tYJ 9,397 292,607 8,16S,704 T•t•l funth cirrled forw4rd It 31# Aug 5,848,804 213,450 8 071851 19 Brighouse Central Methodlst Church Registered Charity No1129462 Annu81 Rewrt al￿ Financial Statements 2022-23 Notes to the Financial Statements for the yoar onded 31st August 2023 Donated incomo Unrystrieted fund$ Designated fund$ Tot*1 2023 Totil 2022 Fund$ Off•rfngs 50.608 50,008 48.389 Ponotsd BervlGos and goodi Equipment Food for foodbank Storage for foodbank 476 27,676 30.533 30,333 30.333 30,3J3 28,152 Donatto Don*Jon• Legac￿¥ 24,576 soo 25,076 19,851 44N27 500 44,927 19,883 19.8SI 19,883 ¢Jr•nt¥ Amok1 CIArt•Atst C•lderdal8 Clrcutt DCMS Communty Foundation for c￿erda￿l DCMS Hlllards Charlt#bL• Tnjit s8insbury• Slr 0￿rg• Martin Trust TMCP YKCP YothJhire W••t Melh¢dlst Dydtrkl 2.500 31.071 24,549 24,649 24.549 1.000 500 24,549 1,000 soo 500 soo 25,￿0 3,fMJO 26.000 3,000 5,187 53.758 23.781 64,049 54.049 Glft Ald 14,439 388 14.827 12,820 T*thl 90,123 104.621 184,744 163,002 Int•rut and Inv•stment Incomé Unrestri¢ied fund¥ D•8tgnat8d fund$ R•strfctod fvnd$ Totll 2023 Tot 2022 Central Flnanc8 Board TMCP Totsl 830 2,758 113 2,871 3,558 771 832 3,703 871 Brfghousè C•ntral Methodist Chur¢h Registered Chgrlty No1129462 Annu81 Report and Finantyal Ststements 2022-23 20 Notes to the Financial Statements for thè ygar ended 31st August 2023 Internal organlsotlon8 inci>mo Unrestricl8d funds De$kJnatéd nds Restricted funds Totsl 2023 Total 2022 Cliff Fest Fbwer fund Found•rs Music L￿[e$ Allemoon Fellowship S¢art)orouoh Weekend Toddl•rn Total 586 1.e55 686 1.OSS 1.776 392 7,27e 1.028 10.337 392 7,270 1,028 10.337 268 4,870 7.286 In¢om• from othor ¢harltable a¢tlvltt Unreslrlcted fund¥ Doaignated TrJ8 Restrkled Fund% Tot*1 2023 Tot•1 2022 Church room l¢ttlng$ Weddlngs And funeral Ev•nls qnd athltl•s Total 13,305 160 15,901 29.366 13.306 160 18,124 31,589 7,630 2.253 7.549 17,432 2,223 2,223 Stsff eo8ts, 8tsff numb•rn, and tru•t•• r•mun•r8tlon and •xp•n•••. Empty00 ¢ost• durfng th• y•8rw*r•', 2023 2022 Gro88 WBg08 8nd sal&rl88 Sw•1 1oCillity costs Pen81on contributlon 16,407 107 42.818 1,351 ApprentI￿hIp Levy 463 16,816 45,347 Tho charbty does not hokl or admlnl$l•r any penjlen fvnd ¢r defined b•n•f* pen$Son sch￿8 for •rybye88, It doe8 eper818 a defflnad contAbutlon penslon s¢h8m•. Th• ¢horty rnakes defined Mntdbullon• 016% of • oualtylnq employe•'1 9IW 89*ry Into a workpLqc• pen$lon Kheme htrk4 ¥nd •dmlntsttrred by The Pension'y Trust. Th• Appr•ntI￿$hIP L•vy pAyment Includos £316 In b•ck p4yYrnni• from 2018 10 2022, and £147 for2023. No empl¢yees r￿￿ed employee bfrneffts tho1 tot4lkryd movethqn £60,orxi The Av•mg• monthty h••J ¢ountwis 3 slaff12022.. 5 staffj. No exponse$ wère pgkj for r6thbur8lrrfJ tra￿1 e0¥￿ for attendlng m1•￿n9#(2D22.' nlll. 21 Brighouse Central Methodist Church Regr8tered Charity No1129462 Annual Report and Finanry81 St8t6ments 2022-23 Notes to the Flnanclal Ststements for the year ended 31st August 2023 Volunto•r corrtrlbutlons The value of volunteers, Ilme 1$ not induded in the artounts. hmver It should b¢ noted that Central can only undertake wort( duo to the many hours of ¥olunte8ring th8t our Church ft*mb8rs aTrJ many olh8Tr from our Cfmmunity coThtribute on 8 daily basm. 10. Ngt Incomè I lexp9ndlturel T￿9 are Ilated thr chorg1w.' 2023 2022 Indepandenl eX0ml￿rI f••• 612 11. Valuatlon of donat•d goods #nd ••NIc cantral Foodb8nk relles uwn the donalions of fooj snd other Iltm$ from m6mb8r8 of tho publk, local busln•sses and $upermark•ts. Th• gmounl offeod diBlrLbuted durlng the yo•rwo8¥olu8d at£27.973. At 31#A￿)ust 2023, the v8lue offood held In $lrKkwas estimatsd al £25.964. 2023 2022 Food and oth•r itém$ dhtrfbutod Ihrough th6 foodb¥nk 27.973 20,42e 12. T•nglble fixed a•#•t• Church Inon Inve8lm•rrt I land and Other non knv8slftK9nt lind •nd bulhJlng¥ Other fixed •$sels FSxtur•s, Induding fitting$ •nd vehldes •oulpm8nl In￿SIr￿n1 Pro￿￿¢8 Total Co•t Ai 1st S•pl 2022 5,597,368 Addltton$ 230,559 6,827.927 At 31$tAu9 2023 5,597,388 230,559 5,827,921 D•pr•¢l•tlon At lit Sept 2022 Charg8 for year At 31$tAug 2023 Nèt Book Value At 31$t Aug 2023 5,597,388 230,559 5,827.927 At 31st Aug 2022 5,597,368 230,559 $.827.127 The freohgkl propety consists of the Church premlsos on Parsonage Lane. BrvJhouge, including Wesley Housa. AS fvndh?nal fixed A$58ts the wokertles ond fixturn8 sr• Showm at theirdeemed co81, which was their Insuran￿ rnWacxrr¢ntvaluo In Z015. Brighouse Central PJlethodi¥t Church Registered Charity No1129462 Annu81 Report And Financial Slalwngnts 2022-23 22 Notes to tho Financial Statomonts for the year ended 31st August 2023 13. Stock 2023 2022 Oonatsd food 25,964 23.804 14. Dabtor¥.' amounts falling du8 wthin one year 2023 2022 Trade debtors Pr¢poid CIr¢jJ￿ Assessment Oth•r pr*p#yr￿n1S 19.038 19,017 156 26,622 45,639 19.194 15. In¥￿tments hold wlth TMCP The funds that support thé Med•1 TNSI Bequest8 and Gdden Weddlng funds are held by TMCP In Tiu#tee$ Inltrest Funds on which Intore&t b credlled to the 8ccounts oach monlh. Tho Armilage Beque&t1s hold in the CFB Monaoed Mlx*d Fund. The￿ are r•94rded a8 rned5um qnd long teim Inv8Btments. TMCP IJ tho legal ownor Cuatodiin TNJt•t ol in M•ihodlit Model Trnit prapfrrty, Snduding Leq•¢las, Endowmanls •nd Accumulated Funds. Tiu5t property * held lor and on behalf of local Manaolnq Tru$le&¥ who are f•sponslblè for the doy to day m•nagem0nt oftruii property. TMCP 8n5ur8 that. through provldlng 9uidan¢• 4nd a¢tlng untsr Ih•li dlr•ctlon, Ihe Managing TrustsoB ¢ompty wth thrlty and Methodl#t law and pollcy AS dètermlned by the M•th¢dl$l Conhr•nce. 2023 2¢22 19014- Model Trult 8eque8ts 158& GokJ•n Weddln9 1479-Arnllag8 Baque$l 69 59 3,676 3,734 3,838 3,897 18. Invo•lment manag•m?nt Durfng the year the Chuth pald £11120T2 £121 to YMCP, tha custc*Jlans of tho ChuTch'8 invostment. a5 man#gement 1¢¢$. 17. Change In inve¥tment valLR• 2023 2022 CarryirvJ Imarketl value at beginnkng of year Addllion$ to irwestsnents at Gost 3,838 4,098 Disposals 8t ca￿1ng value gal￿[10$$) on mvalustion Corykng Imarketl value at th)d of yoar 11031 3,676 12581 3.838 23 Brlghous• Cèntral Mèthodist Chureh Reglstered Charlty No1129462 Annual Report and Finanaal Stalemtrnts 2022-23 Notes to the Financial Statements for the year ended 31st August 2023 18. CaBh at bank and In hand 2023 2022 Pety c4sh Nothex donab'on account 368 455 359 Irirgin Money-church Vlrgln Monoy-foodbink Contral Fln8nc8 Board 19,806 24,046 86,352 129,S72 20.019 22.469 171,877 T¢X81 215.179 19. Credltorn: amounis falllng due wilhln tsno ye8r 2023 2022 84nk loan •nd ov?rdroftJ Tr•dL¥ ¢redttorn T1x•￿0Th •nd $odAI Mcu P•rwlon cortributi¢n$ 179 412 33 141 A￿rualB D•ferrod In¢omo 2,835 272 44,042 3,J19 44,595 20. Contlngent Ilabllltl•• No fLntlrvJent li•bllhl# w•r• ltsnlth¢d at 31￿ Auguil 202312022,, £r*S11 21. Capltal Commlthient• There ￿re no cBpiial commitments •t 31*Augu$t 202312022.. £nMI. 22. Operntlng I￿$88 At 31*Auoustth• Church had wnmfvnts undor non-canc•llable operaung knas8B a8 Set out below. 2023 2022 L•nd & bulldln Plant & Machlnery Lond & bumings Plant & Machinery Oporaung knases which •xpiv•". Less than 1 ye•r Behveen 1 to 5 yèars 3S2 352 Brlghouse Central Methodist Church Registered Charity No1129462 Annual Rèport and Flnanaal Statements 2022-23 24 Notss to the Financial Statements for tho year ended 31st August 2023 23. Purpose8 ol fundo FIX￿ A88•ts.. Thi¥ holds the v8lue ofthe pr8rnI￿. equtsment And 011 otherffixed 0$08ts. Gen8r81 ¢1￿1¢h Fund.. These are the free reseNe$ 8v8(18bk lo the charlty l¢r u88 without any ￿tr￿tsn. Modgl Tn*t B•q￿sts & TMCP 168S.. Thes& are fr88 w$effts mana9ed by TMCP, bjt available lo the Church for u$¢ &￿thOut any reslriction D•sl#Mi•d Funds.. Trie a￿ unr¢$trffAed fuTrJs spechlcally designated for a purpos• bythe TNltte8. RutrfGtsd Fun¢h: Those qre fund¥ whi¢h have defined ¢cffjdlbon8 for th•ir Jp¢dfi¢ stated in •ithei A grant 1gM•m?nl, ¢onlract, orwhen the fund$ wero donated. A880clate Pa8torn & Int•m8: Funds rec•Ned from thtr G•ns)ral Chureh Fund, Cak1•rdale Circu*, and York8hir¢ Methodlst DL8triL#, tofijnd tha •8goclata Pastors and Inl•ms worklng at Central. B•n•vol•nce Fund- Fund8to ￿ Spent on Ind￿ld￿ls kn rrfa•d of iupport duè to p•rsonAI thnAndo1 hgrdshlp. C•ntril Foodbank.. Funds rncafved 8nO held forth• woth ol Ihe C¢ntr•l Foodb•nk M•lor Bulldlno ProlKt'. Fundi •wcWt•lly r8l$ed for ¢hg pl•nno¢ malor r8d8¥alcpm•nt of Cenlr41'1 premh•i. Mu•lGAcad•my: Fund$, In￿m9 ¥nd grgn¢s, lew￿¢d forthawork ofBrighouts C•ntrdl MuikAcademy. Th1• prol•L# ha8 now c¢•Md. TMCP 1479- Amltaq• BoqU•bt.. Fundj hold to BUPPOrt the work of M￿hO￿lIt local pre•ch•rn Sn BrtqhOu￿. Int•rn•l Ory•nl••tltsni: Thls hokY¥ funds ralsed by $paclficiroup8 or•cli¥iti6s wllhin C•nlr8lto lund th• ongoing werk ofihose qroup. The iTrJNidu81 groupg are:. Cholr.. Flower Commttteé,. Ladi88 Afternoon Fellowship., Ouir•A¢h •venlo.' Toddl8r8,' Worshlp 88nd. At th• end ol aach flngndol y•81 the￿ group$ rgvw Ih•lr lutuig flnandAI n88ds and IrAn8hr 8urplus fund6 to th8 G•n•rnl ch￿￿h Fund. Funds rn18ed loroth•rchorltl•B'. This holdB monies ralsed by Centi81. mllnlylhrtsugh eAth•e momlngs and rntSdng collaction8 fgro¢h•r Methodlst ￿Use& And 8Xt8m81 ¢hAdll86. Th18 monay Is tr8nslerred to thé other oiggnlsallo￿ on an ongoirvj baili. the balonce 81310 Au9UiIt rofiects ierxnlty r818ed funds due to be Ifonsfermd. 25 Brighouse Central Methodist Church Registsred Charity No1129462 Annual Report and Financial Statements 2022-23 Notes to the Financlal Statements for the year ended 31st August 2023 24. Movement In lunds- currontyear Oponing balance 1d Sapt 22 Closing bal•nc• Incoffle Expondrture Transfers R￿aluat￿n5 Unrestricttd funds Flxed AssBt Fund 5.827.927 20,818 59 5.827.927 38.068 59 Ge￿￿1 Church Fund TMCP- 1685- Gold8n Woddlng 120.321 1123,5591 18.488 6,848,804 120.321 1123,5591 18.488 6.864,054 D•sb9n•t•