THE METHODIST CHURCH NORTH EAST SOMERSET & BATH METHODIST CIRCUIT 7113 KEYNSHAM METHODIST CHURCH Registered Charity- Registration Number 1129493 ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 August 2025 Ministsr Revd. John Hayes Church Stswards Pets Perrington Prof. Michael Danson Richard Cordy (until 12th June 2025) Marjorie Cordy Julie Wilsteed Liz Palfrey Treasurer Neil Quilter Page 1 of 12 Charity Name: Keynsham Methodist Church Charity Number 1129493 Annual Report 2024-5 1. Administrative Infonnation This report relates to Keynsham Methodist Churth {KMC) vthich is a member church of the North East SO￿r$et and Bath Methodist Circuf(. The orcurt is part of the Bnstol District of the Melhodisl Church. KMC has Iwo centres for vffjrship and mission. VKloria Centre, High Street, Keynsham and Queens Road, Keynsham. All corresponden(% for the Church should be addressed to the current Minister. Revd John Hayes 55 Charlton Road Keynsham Bristol BS31 2JQ Tel.. 07341 628932 Email: reviohn0713@gmall.com The church website is: www.keynshammethodistchurch.co.uk Church Trustaos Irene Amold Marjorie Corty Janet Danson Revd John Hayes Jean Lapham Peter Perringt Julie Sliddard Revd. David Vfinsianley Jenny BarTr MVKe Barr( Rithard C Marprie Cox Michael Danson Daphne Dawes Dan￿lIe Ireland Mary Joy Hazel Lawren m￿hael Lthve Neil Quilter Elspeth Rolls Revd. sIn￿)n Topping Margaret Waring John Came Lorraine Cross Irene Hayes Peter Keevill Liz Pawrey Sandra Spragg Julie Willsteed Trustees are appointed in accordance wilh the Constitutional Practse and Discipline of the Methodist Church {CPD) which can be found on the Methcxjist Church webstte. The Church Office Man4er retired ai the erKI of February 2025 and restructuring a Faalities Office Manager was app)inted from January 2025. These positions are lined managed by the minister. Page2 of 12 1. Administrative Information (Gont) Bankers Nationalwestminster Bank 290 Wells Road. Knowie. Bristol BS4 9PG Central Finance Board of the Methodist Church g Bonhill Street, London EC2A 4PF Trustees for Methodist Church Purposes Central Buildings, Oldham Road. Manchester M11JQ Independent Examiner MrHGNash 75 Manor Road, Keynsham, Bristol BS31 1 RE 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 Éts ongoing mission to demonstrate the love of God by witnessing and seNing the community. These indude: Developing the worship life of the diurch by offering a range of worship styles and experiences, including Messy Church. Thursday Shoppers Serv[￿, Praise and Healing services as well as more traditional services. Offering ways of deepening discipteship through fellowship groups, prayer meetings, house and bible study groups, Junior thurch, Compass and other courses. Offering pastora] care and support. pastora] care and support for individuals and groups is provided by the Minister arKI the team of 28 pastoral visitors. Regular training and guidan enables the pastoral team to stay well equipped arKI inforrned Reaching out to arKI serwing our local communty through various activities induding Pre- School, Toddler groups, Coffee Room, Café Plus, Churches Together in Keynsham & Saltford (CTKS) projects. CAMEO (Come And Meet Each Other). and other regular fellowship groups. Encouraging a deeper prayer life by providing opportunities for prayer ￿ worship and weekly prayer meetings, the prayer chain, prayer tables at eath centre and prayer-focussed events Working towards a fairer greener world by being a Fair-trade church and an Eco cororegation, supporting local and national Campaigns {e.g. Gampaigning against the use of single use plastic water bottles) The Leadership Team continues their support of the churches key Christian values and the Key challenges for focusing work. Page 3 of 12 2. Aims and Objecttves (cont) KMC aspires to reflect God's love in all we do in line wth the followtng seven key Christian values: Love: faith. caring hospitality. spiritualty,- commitment, compassion- and fellowshiplfriendshiplsense of belonging KMC key chaiieng8S Misslon'with" To develop ourrnission as part of thg local and worEd-vMle community. with £ P8rkncu18rfocus onworkingwith CTKS To revievd the need and challenge of owaiingwithtsvo bull dings, identifying S$￿1& options and resources To identitythe prlorittes for now and thefuture in our Pastoral Care. In conjunctvjn wtth the existing Pastoralvisttors To ident￿the need and optlons for layemployment rolEs to support thework of the church To identify and action shortand long term improvements to Income and Expendtture includingfundraising To develop intemal and extemal communication3- especiallythrough th8 use of current practlces an(J people 'Tro as One" Pastoral Employmoffl Finance Communlcatlons 3. Review of Progress and Achievements The minister meets regularly vjith the Leadership team and Church Council to review arKI assess the church's mission in the areas referred to atrt)ve. The most signifi(xnt event of the year forthe church communty was the dosure of the Pre- School. The closure was primarily due to changes in the local under-5 provision. with parents increasingly choosing sd)ool prOVi￿On p*es. The lower numbers made provision unviable. The Chur¢h Council confirmed the decision at a Tru&ees Meeting on 11th June 2025 after. considering all the possible altemative actions" taking emptoyment advice from the District external HR agency. and wnducting Ihe relevant consultations. This was a traumaliG time for the prevschool staff, parents and children. The closure was rrranaged by a special tsam drawing on appropriate skills. The team. wtth the prtrsGh(K)l N￿nager, trranaged the redundancies, comunications and finan￿. The team were able to use their eXpeT￿n￿ to ensure that the closure VRS well marwd in line with the church's values. As the year progressed the Church was able to conlbnue to develop the usual variety of face-to- face groups and activities offering spiritual development. fellowship and support for members of the chU￿h and local communty, which included: CAMEO Women's FellcMid)ip grcrtjps Regular daily Coffee Mornwigs House groups and Bible Study groups Prayer groups & prayer ministry Craft & Banner group Parent & Toddlergroups Junior Church hAen's Cury fellowship Varhjus unifomied groups (Brownie & RainLw)w Guides. Girls Brfgade) Food Bank stKsrt Mat Bowls Messy Church Shoppers Service Café Plus Churches Together in Keynsham and Salthrd actsvities Both Café Plus and the IAdies Guld hekl their ffflal meetlligs thts year Page4of 12 3. Review of Progress and Achievements (cont) we8￿Y Sunday worship has increased in attendance as the church community meets together in one moming service. The online video ServI￿S are available via the church website, Fac8book page and YouTube thannel every week for church members and worshippers who are unable to attend in person. The church has continued its links with a church in Guatemala arKI a missionary in Pakistan. The Church Council has continued to review the risks to wthich Managing Trustees are exposed and have regularfy reviewed procedures lo manage them. Volunteers are Ghecked (including where appropriate under the DBS legislation) aTrJ 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 cornpleted by all relevant church officers aThJ volunteers in accordance with the KMC and Methodist Church Safeguarding Policy. 4. Resources Committee The Resources committee meets regularfy to encourage good stewardship of the church's financial and property resources to further the churth's mission adivities and ensure that the premises are a safe and secure spa￿. Work was underway during the year to respond to Quinquennial actions. in addrtion to the regular actions necessary for effective maintenan￿. The Church Implemented Churchsuite and MyFund Accounting systems to support the administrative, pastoral and finance F￿0￿sSeS in place. 5. Financial Inforniation The a¢¢ounts include the employment costs and statistics of those directly employed by the Church. The ChurGh has a Minister who is employed by the North East Somerset & Bath M8thodist Circuit. The Circuit accounts indude a Gount of 1 staff. The accounts show a contribution to the Cir￿it of £60,500. This is a pledged contribution to cover the payroll costs and a share of other expenses whith are incurred by the Circuit. Lettings income Continued to show good growth of £4.513 (10%) overthe prior year as lettings income for both centre's continues its recovery. Increased usage is expected to continue next year which will see a further increase in income. The redundancy payments for the pre-school were covered by pre-school reserves. The remaining b￿ance of pre-school reserves (£44.2891 was transferred to church funds, and the trustees will refiect on how best to use this in line with its atms and objectives. The church remains in a satisfactory position financially with adequate reserves to cover identified maintenance work on the premises. The oTrgoiro challenge with an ageing congregation is to be able to cover annual expenditure with annual income and replenish reserves after it ha5 been necessary to draw on reserves for urgent or rnajor work This is regularty considered and Monitored by the trustees Page5of 12 KEYNSHAM METHODIST CHURCH Statement of Financial Activities (SOFA) for the year ended 31 August 2025 General Fund (Unrestricted) Other Funds (Restri¢ted) Endowment Funds Totals this year Totals last InGomlng Resources 1 Offerings and Tax recoverabte 899(hS.33 8g906.33 88859.66 2 Interest and Investment Income 208.17 2599.01 1138.20 3945.38 5352.85 3 Lettings 44521.89 44521.89 4CNJ08.68 4 Other Income 17391.98 17391.98 97231.85 5 External Organisations 6 Intemal Organisalion5 7 Total Incoming Resources 1754.50 1754.50 6318.07 108334.90 112688.41 108334.90 180694.51 418465.62 152028.37 1138.20 265854.98 Resources Expended 8 ClrcuitAssessm￿t or Share 60500.00 60500.00 90000.00 9 Grants arKI Donations 4981.00 4981.00 4140.00 10 Repairs and Maintenan 42204.87 42204.87 23016.72 11 Insurance. Utilities etc 25515.92 25515.92 25155.65 12 Depreciation 3476.00 3476.00 3476.00 13 Provisions 14 Other expenditure 59475.35 200.00 59675.35 49196.83 15 Extemal Organisations 841.95 841.95 6220.44 16 Internal Organisatior 188274.72 188274.72 161882.47 17 Total Resources Expended 196153.14 189316.67 385469.81 363088.11 18 Net Incoming Resources 44124.7T -76628.26 1138.20 -119614A3 55377.51 19 TransfeTS be￿een funds 107900.94 -10676174 -113820 20 Sub Totsl 21 Gains and losses on investment assets 22 Net investment in funds 63776.17 -183391.00 -119614.83 $3377.51 -10118 421.21 -523.39 2614.56 63776.17 -183493.18 42121 -120138.22 61468.07 23 Total funds brought forward 37798.60 216898.88 4191221 2￿609.69 236395.42 24 Total funds carrled forward at end of year 101574TI 33405.70 41491.00 176471A7 297863A9 Collections for and payments to External Organisatlons Balance brought fovnrd 9513.81 9416.18 Collections for Extemal Organi5ations 1754￿0 6318.07 paYtT￿ts to Externa Organi5atN)ns 841JS 6220.44 Balance carrled forward 10426a6 9513.81 Page 6 of 12 KEYNSHAPI METHODIST CHURCH Balance Sheet as at 31 August 2025 General Fund Other Funds Endowment Iunrestrio (Re5trictedl Fund5 Totsls thls year Totals last year Tanglblo Fixed A5sets* Fumilure and fixtures (S￿ page 10) Investment propert Investments 18094.IXI 18094.00 D.00 35090.56 35090.56 44077.22 62171.22 44600.61 44600.61 Totalfixedassets 18094.00 8986.66 urrent Assets Debtors and Prepayments Central Finan￿ Board & Trustees for Methodlst Church Purposes deposits elG Cash at Bank and in hand 0.00 28542.95 56743.62 85286.57 565324 18765.80 2M19.04 6400.44 40596.03 75509.42 116106.05 164092.43 89170.45 253262.88 Tolal currentassets 6400.44 CreditQT5 and Accruals Net current assetslliabllltles 1805.80 1805.80 1253.80 83480. 24419.04 6400.44 114300.25 252009.08 Totsl a55ets less currentllabifrties 101574.77 33405.70 41491.00 176471.47 296609.69 Loans and cr8thtors due after 1 year Provisions for liabillttes and charges 101574.77 33405.70 41491.00 176471.47 296609.89 Fund5 of the Church General Fund Iunrestrtctedl other Funds (Restricted) Endowment Funds 101574.77 101574.77 37798.60 33405.70 33405.70 41491.00 216898.88 41912.21 41491.00 Tofal Funds 101574.77 33405.70 41491.00 176471.47 296609.69 Summary of the Intemal Organisations reportry to the Church Meeting. Note that the funds of an Inlemal Organlsatton would al b Restricted fuThYs unless i Id be cle2rf sho that th could be used for a Methodist ur ose. Opening Receipts Payments Transfer to Funds Held by Funds Held Balances Funds Internal Or9. by Church 488.28 0.00 411.49 54L48 50.99 Victorfa Womens Guild Queens Road Ladies ey Centre Table Temis 488.28 1183.06 1114.00 1313.05 1114.LlO 06.0 CAMEO Queens Road Pre School Short Mat Bowls ey Ring 798.95 125671.00 2732.41 5S.99 130210.11 5555.10 97286.04 2309.31 757.40 5351.15 177347.53 2118.70 672.00 188274.72 44289.55 19.9 23.02 142.39 5980.74 108334.90 44289.55 806.06 page7 of12 KEYNSHAM METHODIST CHURCH Notes to the Accounts 1 Basts of accounting These accounts have been prep￿ed on the bas￿ of histOTiC Cost (except that Investments are slw at maTket value) In accordance Statement of Recommende(I Practice (SORP 21Y)51 and the Charittes Act 2011. There has been no change to the accounting ptsli¢ies since lasi year. The f￿ c*the SOFA balance sheet takes advantage ofth8 small charity conce55ions sel out In the SORP. 2 Funds The funds hdd constitute: General Funts hetd for ary ofthe (*arity whKh are Unrestricted, Restricied funds which are held for a narrower purpose arwj Endowrnent funds whith represent grfb, the ca￿tal normally being unavailable for 5penthn9. and the inccme vthith either Re51tKted ￿ Unrestricted. Details of each material fund are disclosed in the final note to these ￿counts on page 7. 3 Accounting policies Incoming Resources These are Included in the Statement of FIna￿la1 Al*wi￿S (SOFA) when the church he￿￿e$ entitled to the resources., the trustees are vlrtually certain theyvill receive the resources aTrJ the monetary value can be measured with SLrfficient reliabilty. Income from a legacy Is included the distributicffl from the estate has been received. Resources Expended Expenditure is recf>Jnised when a knabiirty 15 AKurred. ora co￿u￿ 0￿[gation arises that resth in the payment being unavoidable. Liability recognitlon Liabilities ￿e rerAJgnised as soon a5 there ts a W or Con￿n￿ti￿ obIgati￿ comm￿1 the ¢hLr¢h to pay OLrt re50urces. Tangible fixed assets for use by church Tangible fixed assets are c3Pitali5ed rfllw ¢an be used formore trAn one year. arKI cost at least £5000. They are valued at cost or a reaSona￿e )ralue on receipL IhThere o)st is r￿t avaffable. the Church Ctymcil may provide a reasonable estlmate of u)sL Imiestments Investments are valued In the balance sheet at rna￿tt ¥due at thg year ￿. InVestm￿t incomelg indu￿￿ In the accounts Mthen receivable and any gains or1055e5 on rwalualton at the year end are shts￿ tn the SOFA. Debtors and Prepayments The main item undw this headirKJ would be the montlty a&8essment ￿ In advance to the Cwcuit. Creditors There were no significant costs to accrue. Cre(rrtors LSJes in¢kKI? srfft small C￿￿C￿0￿ unpaid al the yearend. 4 Trustees. responsibilities in Telation to the accounts The law applicable to chaTities in England and Wales TeqLires the trustee(s) to prepare accounts for each financial yearwhlch give a tNe and f￿rVEW of the charity's frHncial activitps duiing the year and its ￿nar￿la7 position * the end of the year. In preparfng accounts giving a tsue and fair view, the trustees shoubj fonow best practice ar￿. 8elEct suitable accounknJ poficie5 and apply ConS￿tenty make Judgements and estirnates that are reasonable arKI pn state whether applicable accounting standards and StateM￿ts of recommended pracdce have bean foll¢Jwed, subject to any departures disclosed and exptained in ttje financial staiements", and prepare the a¢¢ounts on the going concem basis unless it is inappropriate to presume thatthe charity will continue In operatlon. The trustees are responslble for keeping accounting rec(Kds whlch thsc105e reason&le accuracy the financial pusilion of the charity and which errdble theTn to ascertafft the fuHKial p(Jsition of the charity and whtch enable them to ensure that the financial ststements comply with the Charities Act 2011, Ihe Charity (Accounts and Reports) Regulatiorks and fhe provlslon5 of the trust deed. The trustees are Tespon5ble for safeguardwu the asets of the charity and hence for taking reasonable steps forthe prevention of fraud and other irregLdarities. Page 8 of 12 KEYNSHAM METHODIST CHURCH Notes to the AGcounts (conL) 5 Trustees This year Last year None of the Trustees, or persons CCmT￿ted vAlh them, receive any remuneration or other benefits from the Church or any connected organi8ation as a result of their office during the year ended 31st August 2024. One trustee receNed payment for employment fulfilling admlnlstration duties. NIL NIL Number oftrusteès who MEre pakl expaws NIL NIL Na￿re ofthe expenses Total amount paid NIL NIL 6 Fees for examination or audit of the aGGounts Independent examiners orauditorg fees for reporting on the *c￿nts Other fees {eg: advi￿. accountancy service5) pawj to the tndependent examiner or auditor NIL NIL NIL NIL 7 Paid employees SLiff Costs pald durfng the yoarwere: Gross wages, salaries and beneffts in kirKI 37.579 28.585 Employe¢s National Insuran￿ costs 1,910 457 Pension costs 1.497 1,245 Apprenticeship Levy 187 143 Total staff costs (4 staff) 41,173 30,430 Average number of employees in the year w¢rn: Averdge number of full-time equlvalent employees in the yearwere: 8 Commitments and Contingent Liabililies At th8 31st August 2025 capital cornrnilrnents anJ)unled to: NIL NIL Contingent Ilabllilles amounled lo- NIL NIL Page 9 of 12 KEYNSHAIUI nAEfHODIST CHURCH Tangible Fixed Assets Cost or valuation Church I￿lIdIng5 and other propgrty Other land & bulldlTh Fixtures. rfftings and equipment Payments on accountand assets under onstruction assets. inGluding vehicles Total Balance brought thard Additions 52959.74 52959.74 21570.00 21570.00 Revaluations Disposals Transfers. Balance carried foMard -29822.74 -29822.74 44707.00 44707.00 Accumulated depreciation -Ba￿S SLorRB SLorRB SLorRB SLorRB SLorRB Balance br￿ght forward DBpreGiation charge for 52959.74 52959.74 3476.00 3476.00 Revaluations Disposals Transfers. -29822.74 -29822.74 Balance Carried forward 26613.00 26613.00 Net book value Brought forward Carried t0￿rd 0.00 18094.¢JJ 0.00 18,094.00 - The'l[anSf8r￿ row i9forn￿¥èMÈllts f￿ed a55el caiw*s. - Indlcate the methryj of thpredation by deleting trÈ melhrA4 n0tappf￿abk (SL- stratht kne.. RB- reduwj balance). Also indicate the rate of depreclatlon.. forstralght Une, depre¢[￿ ks based on anbdpaied hfe ofth2 asset (m yews): ts reduurvJ baknc&. apèrctntsgè annual thductlon is made eath year. InvestsMentass¢ts Mwkèt value 81 Im)me from yw end tnvestsnents for Investment properties NIL NIL Analysis of investments Investments listed on a recognised Stock Exchange or held n comFrKJn Investment funds, open ended invesknent companw. unit In￿ts or other collective investment Schemes Securities not listed on a recognised Stock Exchange Cash held as part of the investrnent portfolio Other investhients 4407122 1572.94 Total 44077.22 1572.94 Change in investment values ca￿yIng (market) value at beginning of year Add: addltlons to investments at cost 44600.61 Less: disposals at carrying value Addl{deduct): net gainl{loss) on revaluation Carrying {m8rketl value at end ot year -523.39 44077.22 Page 10 of 12 Loans I(EYNSHAMMEfHODJST¢HURCH knthD5 Endown*ntFunds w￿l•￿￿tIla￿e Annu W+*t￿In¢•m¢￿lt￿5￿df0r Sti&kiGibl1112¥1 797.28 UnrukWdeeMraFur EEqLE5t1816el 157f1S1 279.91 41451. 113U OtherFunds Reststoted ReththdFuTrJNomfy Pwp05ecltr* fund 71.174.96 9A1181 -5W4.18 1.754 1Q42&26 ,21Q11 EÈÈilF￿ sJeD.74 J)1 216 111￿41 18SJ1& -1t¢76174 .￿5.70 DECLARATK)NS Treasurer I confim] Ihat I h&E PrePa￿d re(x¥dsdts Cmrch in(aDle 81 flmds tha control ofts Churth Cowol sign0￿r¢ of Tre8sy 31slJ Br1*4 &8311RG Presentatlon to the Keynsham Methothst Chweh Couneil forapprDvaL SbJn*Jr8 ¢F tho Ch*clts rtE& Nsffrt oftha Th￿￿ng 251h February 2028 Page 11 of 12 kndepenthnt Examin*s R8port to the Tntstees of th? KE(NSHAM MEfHODIST CHURCH Thts Report is on the Church for thp year endgd 31st ￿￿gUSt 2025 Res￿¢the responsll>liti85 of Trustees and Examiner The chanvs tru&ee5 are r85pwsI)b forlhe prewaiim acc￿ CDn*erthal an audit 1$ not wulrwj fOrtNSy￿ under%￿tion 144oftho Chwibeskt2(M1 (ts ¥AvJ thatan IndeFentht&Mrf￿Ort Is nÉ*d. Ills nry responslbiw to.. Eyapine 8ecfj¢ffi 145ofthe ClwknA lo folowthe proCèJU￿Iaddw DirEcfjc05grM ty the ￿rity {undw8Èc&in 1444(b) oFth8 ch￿ties￿￿, aTrJ Basi$ of In(kpendent ExanM*5 Rwt out in attordaKe*ith gr￿ tythèclwty ConrnioEL &wn￿2b0n inthd8sa r8Mwoltk aCc￿ting T¢¢uits kept by the aTrJ accounts th￿ record& It *0 Ir￿￿￿e5 ccrffjideraticffl ofarty unuyftl i(ens LY &isc¥J￿￿s in th8 aGG￿ fromthe trustees concenwrNJ any such mallets. Ihe pmtethre5 Tmd8rtaken do Thjt W￿lde ￿1 thèe¥?JeKe that￿VykI ￿ rEquired an aud¢ a￿j GDll5equeW no Dpinion 15 SI￿ aSto￿*￿h8rthe 8ceirfthts fai¢ repwl th05e n*kr$5eloutiJ th93tthfienlbe￿ Independent Examin¢f$ Ststsmont . to ke8p accou￿ry records in ¥e¢kn 1>) (éthe C￿￿￿95￿￿ . to prepare acC￿nIS￿￿￿h xurd wilhtheaxuwdiu T￿OrdS•￿JCaY￿vAknkn aco)uThting rWwlren￿S ofth& Charibes t ha¥e notbeen t bvthh, in rry upirion. alknoon l*dr￿ in ￿thrtr)e￿ a (>Jrdon ￿￿$b. FCA 75 Mamr P￿ad Keyn5h* BS311 Page 12 of 12