2021-08-31-accounts - Keynsham Methodist Church

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THE METHODIST CHURCH

NORTH EAST SOMERSET & BATH METHODIST CIRCUIT 7/13

KEYNSHAM METHODIST CHURCH

Registered Charity – Registration Number 1129493

ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 August 2021

Minister

Reverend Jane Wilson

Church Stewards

Michael Danson to August 2021 Janet Danson to August 2021 Marjorie Cordy Val Marsh Liz Palfrey Carol Arnold Paul Arnold to May 2021

Treasurer Neil Quilter

Page 1 of 13

Charity Name: Keynsham Methodist Church Charity Number 1129493 Annual Report 2020-2021

1. Administrative Information

This report relates to the Keynsham Methodist Church which is a member church of the North East Somerset and Bath Methodist Circuit. The circuit is part of the Bristol District of the Methodist Church.

Keynsham Methodist Church has two centres for worship and mission, Victoria Centre, High Street, Keynsham and Queens Road, Keynsham.

All correspondence for the Church should be addressed to the Minister: Rev Jane Wilson

55 Charlton Road Keynsham Bristol BS31 2JQ Tel: 0117 9862242 jane.wilson@methodist.org.uk The church website is: www.keynshammethodistchurch.co.uk

The managing trustees from 1 September 2020 are:

Carol Arnold Irene Arnold Paul Arnold to May 2021 Jenny Barrow Mike Barrow Derek Bayliss to October 2020 Mary Brunt Marjorie Cordy Richard Cordy Marjorie Cox Janet Danson Michael Danson Daphne Dawes Jill Earley Adrian Ellis Danielle Ireland Mary Joy Carole Lambern

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The managing trustees from 1 September 2020 are: (cont) Mike Lambern to October 2020 Jean Lapham Hazel Lawrence Trixie Lovell to October 2020 Val Marsh Liz Palfrey Peter Perrington Neil Quilter Elspeth Rolls Shirley Sheppard to October 2020 Kevin Shrubsall Sandra Spragg Julie Stiddard Rev. Jan Tate Rev. Simon Topping from September 2021 Margaret Waring Julie Willsteed Graham Wilson Rev. Jane Wilson William Wilson to December 2020 Mike Windsor Rev. David Winstanley to August 2021

Trustees are appointed in accordance with the Constitutional Practice and Discipline of the Methodist Church (CPD) which can be found on the Methodist Church website.

The minister, Jane Wilson, is also Co-Superintendent of the Circuit. The minister line manages the Children and Young People Lay Worker, Sarah Seymour, the Lay Pastoral Worker, Sue Stevens and the Church Office Manager, Irene Arnold who provide support in the different areas of church life and outreach activities.

Bankers and Investment Bankers

National Westminster Bank 290 Wells Road, Knowle, Bristol BS4 9BG

Central Finance Board of the Methodist Church 9 Bonhill Street, London EC2A 4PF

Trustees for Methodist Church Purposes Central Buildings, Oldham Street Manchester M1 1JQ

2. Aims and Objectives

The Leadership Team and the Church Council meet regularly with the minister to review various aspects of the life of the church in the context of its ongoing mission to demonstrate the love of God by witnessing and serving the community. These include:

Developing the Worship life of the church by offering a range of worship styles and experiences, including Messy Church, Breakfast Bites, Explore Together, Taizé, Guest services as well as more traditional services.

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2. Aims and Objectives (cont)

Offering ways of deepening discipleship through fellowship groups, prayer meetings, house and bible study groups, Kleidas youth group, Junior church, Alpha, Compass and other courses.
Offering pastoral care and support; Sue Stevens, the Pastoral Lay Worker, works with the minister in reviewing the Pastoral list and pastoral needs. Pastoral Care and support for individuals and groups is provided by the Minister, pastoral lay worker and the team of pastoral workers.
Reaching out to and serving our local community through various activities including PreSchool, Toddler groups, Coffee Room, Café Plus, Churches Together in Keynsham & Saltford (CTKS) projects, CAMEO (Come And Meet Each Other), HALO (Have A Lunch Out) and other regular fellowship groups.
Encouraging a deeper prayer life by providing opportunities for prayer in worship and weekly prayer meetings, the prayer chain, prayer tables and prayer-focussed events
Working towards a fairer greener world by becoming a Fair-trade church and an Eco congregation, supporting local and national campaigns (e.g. campaigning against the use of single use plastic water bottles)

3. Review of Progress and Achievements

The minister meets regularly with the Leadership team and Church Council to review and assess the church’s mission in the areas referred to above. She also meets regularly with the Children & Young People Lay Worker and the Pastoral Lay Worker to review and coordinate the different areas of church life and activities. During Covid-19 restriction regular meetings continued virtually by Zoom.

For much of the year the Church was unable to engage in the usual variety of face-to-face groups and activities offering spiritual development, fellowship and support for members of the church and local community, which in pre-Covid times included:

CAMEO Men’s Curry fellowship HALO Various uniformed groups (Brownie & Women’s Fellowship groups Rainbow Guides, Girls Brigade) Daily Coffee Mornings Christian Aid Committee House groups and Bible Study groups Food Bank Prayer groups and prayer ministry Eco Group Craft & Banner group Short Mat Bowls Kleidas Youth Fellowship Messy Church Queens Road Pre School Breakfast Bites Parent & Toddler groups Shoppers Service Junior Church Café Plus

Some of these activities and groups continued to meet virtually via Zoom during the Covid-19 pandemic lockdown and pastoral support was provided via telephone calls and outside visits where possible. The Foodbank continued via deliveries.

Weekly worship continued through the Covid-19 pandemic lockdown restriction, mainly via online video services available via the church website, Facebook page and You Tube channel and printed service sheets were distributed every week to church members and worshippers via email and through pastoral visitors.

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3. Review of Progress and Achievements (cont)

Monthly Breakfast Bites and Messy Church video services were produced for viewing via the same channels and activity packs were distributed to local families. The Kleidas youth group continued to meet via Zoom and outside when possible.

Other worship activities such as Shoppers service, Guest service etc. were suspended during lockdown for safety.

The church has continued its links with a church in Guatemala, a school in India, and a missionary in Pakistan.

Pastoral support of church members and others in our local community has continued throughout the pandemic, e.g. via telephone and Zoom meetings and church members have worked with CTKS and other initiatives including Foodshare, Foodbank and the CTKS Covid-19 Befrienders helpline.

The Church Council has continued to consider the risks to which Managing Trustees are exposed and have regularly reviewed procedures to manage them. Volunteers are checked (including where appropriate under the DBS legislation) and a policy statement prepared under the Health and Safety at Work 1974 legislation incorporating risk assessments.

The Church Safeguarding Policy is reviewed annually by the Church Council and the Church Safeguarding officer ensures that appropriate Safeguarding training and DBS checks are completed by all relevant church officers and volunteers in accordance with the KMC and Methodist Church Safeguarding Policy.

Covid-19 Risk Assessments have been completed and regularly reviewed to ensure compliance with Government and Methodist Church Covid-19 guidance for both church centres and the Queens Road Pre-School.

4. Resources Committee

The Resources committee meets regularly to encourage good stewardship of the church’s financial and property resources to further the church’s mission activities and ensure that the premises are a safe and secure space.

Following the outbreak of the Covid-19 pandemic a special task force group was set up to prepare Covid-19 Risk Assessments for both centres for approval by the Church Council/Managing Trustees. The work of the task force is recognised as an important achievement in ensuring the safety of church members, visitors and hirers.

5. Financial Information

The accounts include the employment costs and statistics of those directly employed by the Church. The Church has a Minister and 2 part time lay workers who are employed by the North East Somerset & Bath Methodist Circuit. The Circuit accounts include a count of 3 staff with a full time equivalent of 2.0 for the year to 31[st] August 2021.

The accounts show a contribution to the Circuit of £90,000. This is a pledged contribution to cover the payroll costs and a share of other expenses which are incurred by the Circuit.

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5. Financial Information (cont)

The COVID-19 situation has forced a restriction on the use of the premises for worship and mission. This has had a financial impact on income streams which include the temporary cessation of coffee mornings normally held 6 days per week and lettings income for both centres. Sunday worship when reintroduced was with limited numbers and no cash offerings were taken in the year.

More members have switched to contributing by bank standing order during the year. Some other members have contributed by cheque to maintain their giving commitment. Overall income from Offerings and Tax recoverable was some £13000 less than the previous year.

Two bequests were received during the year. Also the accrued balance on a fund held by the Trustees for Methodist Church Purposes which had not previously been identified as being for the benefit of the church. These unexpected receipts came to £22535. The decrease in the overall funds available to the church at the end of the year would have been much more concerning.

During the year essential repair work was undertaken at both worship centres. Extra costs were incurred in covid protection measures and enabling the recording of services for online access to members and the general public.

The church has made progress to gain approval so that the original restrictions on the endowment funds can be relaxed to make those funds available for general purposes.

The church remains in a healthy position financially with adequate reserves to cover currently identified maintenance work on the premises. However funds are being depleted at a fast rate which can only be sustained for several years. The on-going challenge with an ageing congregation is to be able to cover annual expenditure with annual income and replenish reserves after it has been necessary to draw on reserves for urgent or major work. This is regularly considered and monitored by the trustees.

This report was approved by the trustees on XX XXXXXXXX 202? and signed on their behalf by:

Rev’d Jane Wilson J Wilson

Minister

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KEYNSHAM METHODIST CHURCH

Statement of Financial Activities (SOFA) for the year ended 31 August 2021

Incoming Resources 1 Offerings and Tax recoverable 2 Interest and Investment Income 3 Lettings 4 Other Income 5 External Organisations 6 Internal Organisations 7 Total Incoming Resources Resources Expended	General Fund (Unrestricted) £	Restricted Funds £	Endowment Funds £	Totals this year £	Totals this year £

	84108.32			84108.32	97093.61
	20.81	228.66	346.09	595.56	1672.60
	10693.00			10693.00	28575.76
	2519.25	22828.81		25348.06	33134.19
		6181.41		6181.41	8817.23
		120.60		120.60	18565.74
	97341.38	29359.48	346.09	127046.95	187859.13

8 Circuit Assessment or Share	90000.00			90000.00	99999.96
9 Grants and Donations	6410.00			6410.00	7410.00
10 Repairs and Maintenance	24970.84			24970.84	6210.19
11 Insurance, Utilities etc	11428.54			11428.54	14755.94
12 Depreciation	707.97			707.97	934.20
13 Provisions
14 Other expenditure	31204.28	175.00		31379.28	56091.41
15 External Organisations		2660.00		2660.00	6650.37
16 Internal Organisations		134.99		134.99	19084.07
17 Total Resources Expended	164721.63	2969.99		167691.62	211136.14
18 Net Incoming Resources	-67380.25	26389.49	346.09	-40644.67	-23277.01
19 Transfers between funds	37202.02	-36855.93	-346.09
20 Sub Total	-30178.23	-10466.44	0.00	-40644.67	-23277.01
21 Gains and losses on investment assets		280.46	2054.34	2334.80	-119.00
22 Net investment in funds	-30178.23	-10185.98	2054.34	-38309.87	-23396.01
23 Total funds brought forward	88805.10	120597.26	44515.30	253917.66	277313.67
24 Total funds carried forward at end of year	58626.87	110411.28	46569.64	215607.79
Collections for and payments to External Organ Balance brought forward Collections for External Organisations Allocation from General Fund Payments to External Organisations Balance carried forward		isations			1429.15 8817.23 0.00 6650.37 3596.01
		3596.01			1429.15
		6181.41			8817.23
		1000.00			0.00
		2660.00			6650.37
		8117.42			3596.01

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KEYNSHAM METHODIST CHURCH

Balance Sheet as at 31 August 2021

Tangible Fixed Assets*	General Fund (Unrestrict £	£ Other Funds (Restricted)	£ Endowment Funds	£ Totals this year	Totals last year £

Furniture and fixtures					707.97
Investment properties
Investments		10471.10	40169.20	50640.30	48305.50
*Total fixed assets*		10471.10	40169.20	50640.30	49013.47
Current Assets
Debtors and Prepayments	7500.00			7500.00	7500.00
Central Finance Board & Trustees for Methodist Church Purposes deposits etc	27147.80	88405.77	6400.44	121954.01	148823.23
Cash at Bank and in hand	23979.07	11534.41		35513.48	48580.96
*Total current assets*	58626.87	99940.18	6400.44	164967.49	204904.19
Creditors and Accruals (due in under 1 year)
Net current assets/liabilities	58626.87	99940.18	6400.44	164967.49	204904.19
*Total assets less current liabilities*	58626.87	110411.28	46569.64	215607.79	253917.66
Loans and creditors due after 1 year
Provisions for liabilities and charges
*Net assets*	58626.87	110411.28	46569.64	215607.79	253917.66
Funds of the Church
General Fund (Unrestricted)	58626.87	110411.28		58626.87	88805.10
Other Funds (Restricted)		110411.28		110411.28	120597.26
Endowment Funds			46569.64	46569.64	44515.30
*Total Funds*	58626.87	110411.28	46569.64	215607.79	253917.66

*Details - see page 6

Summary of the Internal Organisations reporting to the Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose.

Summary of the Internal Organisations reporting to the Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose.	Summary of the Internal Organisations reporting to the Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose.	Summary of the Internal Organisations reporting to the Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose.	Summary of the Internal Organisations reporting to the Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose.	Summary of the Internal Organisations reporting to the Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose.	Summary of the Internal Organisations reporting to the Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose.	Summary of the Internal Organisations reporting to the Church Meeting. Note that the funds of an Internal Organisation would normally be Restricted funds unless it could be clearly shown that they could be used for any Methodist purpose.
	Opening Receipts Balances		Payments	Adjustments	Funds Held by Internal Org.	Funds Held byChurch
Victoria Womens Guild	161.90		100.00		61.90
Queens Road Ladies	426.70	70.60			497.30
KeyCentre Table Tennis	50.99				50.99	806.06
KIDZ Club/Youth Club	133.42				133.42
CAMEO	45.55	50.00			95.55
Short Mat Bowls	2505.34				2505.34
KeyRing	107.48		34.99		72.49
	3431.38	120.60	134.99		3416.99	806.06
These accounts were approved by the trustees on and signed on their behalf by: Rev'd Jane Wilson Neil Quilter Trustee J Wilson Treasurer N Quilter

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KEYNSHAM METHODIST CHURCH

Notes to the Accounts

1 Basis of accounting

These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with Statement of Recommended Practice (SORP 2005) and the Charities Act 2011. There has been no change to the accounting policies since last year. The format of the SOFA and balance sheet takes advantage of the small charity concessions set out in the SORP.

2 Funds

The funds held constitute: General Funds held for any purpose of the charity which are Unrestricted, Restricted funds which are held for a narrower purpose and Endowment funds which represent gifts, the capital normally being unavailable for spending, and the income from which is either Restricted or Unrestricted. Details of each material fund are disclosed in the final note to these accounts on page 7.

3 Accounting policies

Incoming Resources

These are included in the Statement of Financial Activities (SOFA) when the church becomes entitled to the resources; the trustees are virtually certain they will receive the resources and the monetary value can be measured with sufficient reliability. Income from a legacy is included when the distribution from the estate has been received.

Resources Expended

Expenditure is recognised when a liability is incurred, or a constructive obligation arises that results in the payment being unavoidable.

Liability recognition

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

Tangible fixed assets for use by church

Tangible fixed assets are capitalised if they can be used for more than one year, and cost at least £1000. They are valued at cost or a reasonable value on receipt. Where cost is not available, the Church Council may provide a reasonable estimate of cost.

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

The main item under this heading is the monthly assessment paid in advance to the Circuit.

Creditors

There were no signifcant costs to accrue.

4 Trustees' responsibilities in relation to the accounts

The law applicable to charities in England and Wales requires the trustee(s) to prepare accounts for each financial year which give a true and fair view of the charity's financial activities during the year and its financial position at the end of the year. In preparing accounts giving a true and fair view, the trustees should follow best practice and:

select suitable accounting policies and apply them consistently
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards and statements of recommended practice have been followed,
subject to any departures disclosed and explained in the financial statements; and
prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping accounting records whIch disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. The trustees are responsible for safeguarding the asets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.

Page 9 of 13

KEYNSHAM METHODIST CHURCH

Notes to the Accounts (cont.)

5 Trustees

This year Last year

None of the Trustees, or persons connected with them, receive any remuneration or other benefits from the Church or any connected organisation as a result of their office during the year ended 31st August 2021. One trustee received payment for employment fulfilling administration duties. Ten trustees incurred expenses associated with catering, property maintenance and other incidental expenses. These payments did not arise fromacting as trustees. £ Number of trustees who were paid expenses Nature of the expenses	NIL	NIL

	NIL	NIL


Total amount paid £ Independent examiner's or auditors' fees for reporting on the accounts £ Other fees (eg: advice, accountancy services) paid to the independent examiner or auditor £ es for examination or audit of the accounts
	NIL	NIL

	NIL	NIL
	NIL	NIL

6 Fees for examination or audit of the accounts

7 Paid employees

Staff Costs paid during the year were:

Gross wages, salaries and benefits in kind £ Employer’s National Insurance costs £ Pension costs £ Apprenticeship Levy Total staff costs (4 staff) £ Average number of employees in the year were: Average number of full-time equivalent employees in the year were: If the Church has any commitments or liabilities these should be disclosed At the 31st August 2021 capital commitments amounted to: £ Contingent liabilities amounted to: £ `1	16,541	23,249
	98	191
	992	1,005
	82	24
	17,713	24,469

	2.0	3.5
	0.8	1.2

	NIL	NIL
	NIL	NIL

Page 10 of 13

KEYNSHAM METHODIST CHURCH

Tangible Fixed Assets Cost or valuation

Cost or valuation
	Church buildings and other property	Other land & buildings	Other fixed assets, including motor vehicles	Fixtures, fittings and equipment	Payments on account and assets under construction	Total
	£	£	£	£	£
Balance brought forward				52959.74		52959.74
Additions
Revaluations
Disposals
Transfers *
Balance carried forward				52959.74		52959.74
Accumulated depreciation
Basis Rate	SL or RB	SL or RB	SL or RB	SL or RB	SL or RB
				25%SL
Balance brought forward				52251.77		52251.77
Depreciation charge for year				707.97		707.97
Revaluations
Disposals
Transfers*
Balance carried forward				52959.74		52959.74
Net book value
Brought forward				707.97		707.97
Carried forward

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.

Investment assets	Market value at year end £	Income from investments for year £
Investment properties	NIL	NIL
Analysis of investments
Investments listed on a recognised Stock Exchange or held in common investment funds, open ended investment companies, unit trusts or other collective investment schemes	50640.30	514.90
Securities not listed on a recognised Stock Exchange
Cash held as part of the investment portfolio
Other investments
Total	50640.30	514.90
Change in investment values
Carrying (market) value at beginning of year		48305.50
Add:additions to investments at cost
Less:disposals at carrying value
Add/(deduct):net gain/(loss) on revaluation		2334.80
Carrying (market) value at end of year		50640.30

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KEYNSHAM METHODIST CHURCH

Loans
Source		Purpose of loan				Amount brought forward	New borrowings	Loan interest	Repayable in the year	Balance at year end




				Totals						0
Repayment due by										Totals



Endowment Funds										0

Endowment Name	How t	he capital is i	nvested	The current value of th		e capital	Annual income	What the income was		used for
Anonymous Gift (17045)	Tru	stees Interest	Fund			1400.00	1.71	Inaccordancewitht		he gift
Stickler Gifts (11129A)	Mngd Fixed	Int & Trustees	Interest Fund			28948.51	119.05	Unrestricted Genera		l Fund
Bequest (8168)	Managed Mi	xed & Trustees	Interest Fund			16221.13	225.33	Unrestricted Genera		l Fund


Restricted Funds			Totals			46569.64	346.09

Restricted Fund Name	Opening Balance	Incoming Resources	Resources Expended	Transfers	Gain/Loss	Closing Balance		Purpose of the fund

~~Trust 11129 Various Bequests and~~ Gifts	113,569.87	22,828.81	175.00	-37,627.27	280.46	98,876.87	Inaccordance	withthe terms ofthe gifts et		c.
ExternalCharities	3,596.01	6,181.41	2,660.00	1,000.00		8,117.42	Awaiting payment to charities
Other Church Organisations	3,431.38	120.60	134.99			3,416.99	For the use of the various organisations of Methodist Church			Keynsham
Interest and Investment Income from Restricted Funds		228.66		-228.66		0.00
Totals	120,597.26	29,359.48	2,969.99	-36,855.93	280.46	110,411.28

Further funds were drawn down from the John White Fund to finance COVID 19 and other projects

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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

Church Council
Signature of Treasurer Name Address		Date	13th December 2021

	8 Manor Road,Keynsham,Bristol BS31 1RG

Presentation to the Keynsham Methodist Church Council for approval.

I confirm that the Accounts will be presented to the next Church Council meeting on 1 March 2022

Signature of the Chair of the meeting Name of the Chair of the meeting Reverend Jane Wilson Date 16th December 2022 _______________

Independent Examiner’s Report to the Trustees of the

KEYNSHAM METHODIST CHURCH

This Report is on the Church Accounts for the year ended 31st August 2021

Respective responsibilities of Trustees and Examiner

The charity's trustees are responsible for the preparation of the accounts. The charity'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
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
to state whether particular matters have come to my attention.

Basis of Independent Examiner’s Report

My examination was carried out in accordance with 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 the 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;
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met;
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signature Hilary Gordon Nash, FCA 75 Manor Road Keynsham Date 7th January 2022 Bristol, BS31 1RE

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