The Charity Registration Number is 1129635 Withington Methodist Church Report and Accounts 31 August 2023 Withington Methodist Church Report and accounts for the year ended 31 August 2023 Contents Page Charlty Infom)atlon Trustee5' Annual Report Statement of trustees. responslbllltles Independent Examiners Report Funds Statoments... Statement of Financial Activities 10 Statement of Financial Activities- Prior Year statement Balance sheet 13 Not85 to the accounis 14 withlnyton Methodlst Church Trustees. Annual Report for the year 8nd8d 31 August 2023 The Trust885 pr8s8nt th&ir R8POrt and Accounts for the year 8nded 31 August 2023. Reference and administrative details The charity name. The ￿981 name of the charity i5:_ Withington Methodist Church UK charitable registration. The charity is ￿gIStered with the Charity Commission for England & Wales ICCEWI with charity number 112g635 Legal structure of the charity The Governing Documents of the Methodist Church of G￿8t Britain. of which Withington meth￿l$t Church is an integral part, are the Deed of Union119321 and the Methodist Church Act119761. The Trustee5 are the individual members ol the Church Council. The prln¢lpal operatlng address, ¢elephone numl)er, emall and web a￿d￿$se$ of the ¢harl¢y a￿..- 439 Wilmslow Road Withington, Manchester M20 4AN Telephone 0161445 0804 Etnail Addres5 office@withingtonrnethodi51church.org Web addrèss Mvw.withingtonmethodislchurch.orgl The Trustees 8nd Church Council ICC) Members in office during the period and on the date the report was approv8d w8re-. Ex Offl¢lo Members Revd. Dr. Caroline Wickens- Minister- From 1 September 2022 Papa Andoh-Kweku- Treasurer Giselle du Toit- Assistant T￿aSU￿r Nick Palfreyman- Secretary- Until 21 May 2023 David Phoenix-Stone- Secretary- Appointed 21 May 2023 Heather Steward- Steward John Shultleworth- Steward Jenny Went- Steward Helen Fielding- Steward Hannan Noel- Sieward Sandra Bailey- Circuit Representative. Not a Trustee withlnyton Methodlst Church Trustees. Annual Report for the year 8nd8d 31 August 2023 Church Elected Representative5 Elizabeth Acquah Adu Richard Kirkby Elycia Orm8ndy Julia Connell Lynne Kirkby Jacqueline Kirkby MargEret Clarson Lucy Goodman Don Taybr Jani￿ Clark The following persons served as Trustees during the year ended 31 August 2023=. The trustee5 who served in the reporting period were as shown above. and there were no chznges during the year not shown above, or in the period between the year end and the approval of the a¢counts. Objeds and activities of the charity The purposes of the charityas set out in its goweming document. All Methodist Churches The purposes of the Methodist Church are and shall be deemed to have been since th8 dale of union th8 advancernent of- (al the Christian faith in accordanTr wth the doctrinal standards and the discipline of the Methodist Church., Ibl any charitable purpose for the tirne being of any Conne￿0￿81, district, circuit, local or other organisation of the meth(￿l$t Church., l¢} any charitable purpose for the time being of any so¢iely or institution subsidiary or ancillary lo the Methodist Church., Idl any purpose for th8 time b8ing of any charity b&ing 8 charity subsidiary or ancillary lo th8 Methodist Church. Wrthington Methodist Church Aim and purpose The CC has the responsibility of promoting the whole rnission of the Church, pastoral, evangelical. social and 8cum8nical. The members of the CC are the managing trustees of the property with resrx)nsibility for everything to do with its m8intenance and upkeep. withlnyton Methodlst Church Trustees. Annual Report for the year 8nd8d 31 August 2023 Objectives and Activities The CC is comtnitted to enabling as many people as possible to worship at our church and to becorne part of the church community. The CC maintains an overview of worship. Our services and worship put faith into practice through prayer and scripture, tnusic and sacrament. When planning our activitie5 for the year the CC considered the Comrnission's guidance on public benefit and, in particular. the guidance on charities for the advan￿ment of religion. In particular. we try to enable ordinary people to live out their faith as part of the local community through.. Worship and prayer. study and fellowship Pastoial care for our metnbers and cornmunity roll Mission 8nd outreach work - Service to the local comrnunity. To facilitate thi5 work it 15 important that we maintain the fabric of the church building (which had a £1.4 million development in 19981. Restricted funds a￿ held for this purpose. The main activities undertaken and achievements and performance of th8 charity during the year to further the chariW$ purpose for the public benefit. Worship and prayer The CC in conjunction with the Superintendent Minister and local leadership arrange5 Sunday setwces and other weekly activities. These include.. Sunday morning worship, Bible study. midweek pr8yer and additional service5 to reflect the Christian year. We continue to welcome a number of university students and other young adults corning to study or work in Manch8sl8r, including many from overseas. Th8 congregation on a Sunday moming has a wide ethnic mix. As a Methodist Church we hold a list of memb&rs ari a ¢ommunity roll. At p￿sent we have approximately 52 rnembers and a cornmunity roll of over400. As well as our r￿ular services. we enable our ¢ommunity to Celebrate and thank G(KJ at the milestones of the journey through life. We welcorne children for baptism and keep in touch with the families, inviting them to appropriate worship. Through funeral servitss we are able to support families through our prayets and share with them thanks to God for the life of their Iov8d ones. As 8 local church we ar8 linked with the other Methodist churches in the Manchester Circuit, to which we pay an annual Assessment. Our Minister Serves as Superintendent and h35 pa51oral charge of one other local church as w811 as Withington Methodist Church. Pastoral Care The Church has a system of pastoral care through pastoral visitors who undergo appropriate safeguarding checks and training and work in conjunction with the minister to ensu￿ the care ol those connected with the church either by rnemb8rship or who ar8 on our comrnunity roll. We com8 into contact with a great number of p80ple as we run a pr8school group, Monday Monk8yS, SUPPOrt the Brownies who meet on the premises, and have groups for men £nd women. the Men's Club and the Wednesday Fellowship. We provide a base for two 8ddiction groups, Narcotics Anonymous and the Friends of the Brian Hore Unit. We also provide facilities for Withington Assist. AJI these activitie5 are advertised in our weekly notices and monthly magazine, which is distributed widely not only to our present membership but to others interested, and is being added to the information available on ourweb5ite- ww.wilhingtonmelhodi8tchurch.org withlnyton Methodlst Church Trustees. Annual Report for the year 8nd8d 31 August 2023 The Church Prerni5es Our church premises are open seven day5 a week, demonstrating to the local cornmunity an active Christian p￿sen￿ in their midst. The ¢hur¢h Offi￿ is open to the publi¢ every weekday. In addition to the use by the church the pretnises provide accornmodation and facilities for the Heart Help Support Group (for people with heart problems r&ferred by the h&8lth servicÈl, Head Forward Cenlre, a day re service for people who have suffered head injurieslsupported by the health serrf1￿), and Assist, a community care organisalion which links volunteers with people who need occasional or r￿ular infomial help. Each of these services contributes to the cost of running the premises and we maintain good contacts wrth them. Other lttal charitable and commercial groups also use our premises. Child Contact Centre The Contact Centre Trlebraled ils 30th anniversary in 2022 and is open every other Saturday rnorning to provide f8cilities for separated parents lo h8ve contact with their children, 88 directed by the courts. It is run entirely by volunteers, a tnix of church mernbers and comtnitted helpers frorn the local community. It is a member of th8 National Association of Child Contact C8ntres from which it receives accreditation, advice, guidan￿ and training. Referrals are Tnade through lo￿1 solicitors. A high prowrtion of families referred corne from minority elhnie communities. The Contact Centre operates under the direction of the CC and conforms strictly to the Meihodist Church's safegusrding policies. All volunteers undergo DBS checks and safeguarding training. During the year we provided a Service for 17 fatnilies representing 25 children. Mission and Evangelism Our Church operates within a large div8rs8 community of South Manchester and aims to s8rv8 that community in providing a spiritual context for community adivity and practical care. We are also committed to support Christian Aid and various chzrilable organi5ations of the Methodist Church as a whole. We also give financially to dis88ter appeal8 as and when they occur We have good ecumen1￿1 relationships with other lo￿1 ¢hur¢hes, e$pe¢ially our Anglican colleagues at the l(Kal Anglican church. We ar8 d8v81oping a supportive r81ationship with the local L'Arch8 community via ini118tiv8 known as Br8ad Church. The ¢hur¢h is a ¢orporate member of Withlngttsn Clvl¢ Soclely and church members support Ihelr actlvitles. We provid8 pr8mi88s for som8 of th8ir 8v8nts and a base for some of their activities in the local ar8a. Worship on Sunday mornings sees ¢ongregations o130- 35. and we are altracling new members. Sunday 8V8ning services continue to be provided via an onlin8 plafform for the whd8 circuit. Pastoral care is provided face lo face and over the telephone. The organisation5 Using our church are now also back to pre-pandemic patterns of sctivity, and our offi manager and staff a￿ working mainly back on the premises. withlnyton Methodlst Church Trustees. Annual Report for the year 8nd8d 31 August 2023 The charitys organisational structure. The Withington Methodist Church Council ICC) is made up of ex officio m8mbers and mernb8rs 818Ct8d at th8 AGM. All members are eligible. All others who attend our services or who are members of the Cong￿98t10n are eligib￿ lo allend the CC 88 ob58rwers. The CC is responsible for the decisions of general concern and importance to the church including how the funds are spent. They delegate clear responsibilities to the Building Management Team and the Finance Team who report back to the CC. The CC meets three times a year and organises the Church AGM. Circuit Meeting Five members of the CC and the Church TreasLJrer are members of the Circuit Meeting, and therefore Trustees for the Manche51er Circuit of the Methodist Church of Great Britain. This provide5 link5 belween our local church and the wider church Structu￿$. Banker5 Nalwest PLC, 699 Wilmslow Road, Didsbury, Manchester, M20 6NW Financial review The charitys financi8lposition et the end of the year ended 31 August 2023 The financial position of the charity at 31 August 2023 and cornparatives for the prior period, a5 more fully detailed in the a￿Ounts. Can be summarised as follows:_ 1023 2022 Net Incomellexpendlturel 12,456 116,5491 Unrestrl¢ted Revenue Funds avallable for the gener81 purpose8 of the charity Designated Revenue Funds Total UnrestricledFunds 575.997 574,260 8.555 584,552 8,030 s82,2￿) Restricted Revenue Funds 219,701 209,728 Total Restricted Funds 219,701 209,728 Endowment Revenue Funds 8.633 8,412 Total Endowment funds 8,633 8,412 Total Fund5 812.886 800,430 withlnyton Methodlst Church Trustees. Annual Report for the year 8nd8d 31 August 2023 Finaneial r•viow orth• position at th• roporting d*to, 31 August 2023. The accounts reflect an asset value of £812,886. It should ￿ noted that £630,000 of this value is the Church building itself, £219,701 of the reserves are restricted for specific purposes and £8,633 are endowment funds. Tot81 receipts on unr8Stricted fund8 W8r8 £147,588. Resthcted funds from South Manchesler Universities Hospital Trust were £10.000 in accordan￿ wth the temis ol their lease. plus £2.357 bank inte￿$t. The planned giving through bankerfs orders and envelopes showed an increase of £908. £139,540 was Spent to provide Christian rninistry frotn Withinglon Meth(￿15t Church including £48,0(H) to the Circuit as our assessm8nt. Our contribution remains a high priority lo hÈlp maintain church 8ctiviti8S throughout Manchester. The Circuit As5e5smenl balance outstanding for 2022123 was £33.000. Lettings income increased by £12.500 in the year ending 31 August 2023, compared wth the previous year. Policies on reserve$. General fund We ielain in this fund sufficient to meet 6 months of normal expenditure in the running of the church, upkeep of the building and the payments made to the Circuit as our share of the assessment. All other funds are held as designated funds for the maintenance and expansion of the mission of the Withington Methodist Church in the Withington and LadybaTn area. Restricted funds These in¢lude'. Oevelopment Fund As no specific use was defined during the year. the bequest from Miss Connie Hersee for further pastoral work amounts to £35,644. Benevolent Fund. This is held to enable the Minister to respond to requests for charitable assistance. The balan￿ retnaining on the fund is £168. Aileen Hargreaves legacy wz5 bequeathed lo enable metnbers of the congregation to have a holiday or to travel to festivals, conference and ¢ourses stands at £13,337. The Repairs and Maintenance fund The CC agreed when the church reopened after r8development that it should 8Stablish a separate rese￿? fund to meet futu￿ major expenditure on the fabri¢ and plant of the building. We were also able to secure a contribution from the Health Authority of £10,000 per annum for the 25 years of the lease. This reslricled contribution would meet 25Yo of the cost5 as specffied in the lease. In 1996 the CC agreed thal major capit31 expenditur& relating to the fabric or pl8nt of the building even when it related only lo church use should ￿ met by the Church'5 contribution to this fund. Minor costs, e.g. under £400. and equipment for church use should ¢ontinue lo be met from the gener81 fund. The defi¢il in the Design8ted Repairs and Maintenan¢e fund. as of August 2023, of1£7,0161, was cleared by transfer frotn General Fund, and in the Restricted Repairs and Maintenance ISMUHTI fund was £170.552. withlnyton Methodlst Church Trustees. Annual Report for the year 8nd8d 31 August 2023 Endowment funds Carnelleys bequest for the benefit of the poor £223. Higginbolhams legacy lor the support of the ¢hapel £237. Eclward Sherf(Kk legacy £8,173 for musical services or general purposes. Etnployees The CC employs a part-time church administrator who stsffs the Offi￿ every weekday afternoon and manages the computer inputting of the church accounts, room bookings, weekly church notices and other responsibilities allocated to him. In addition we employ 8 cleaner and a number of staff who act as door stewards for church and outside bookings at various time5 during the week. They include people entitled to therapeutic earnings to assist their reh8bililalion after illness or disability. The ¢ommitment of the ¢hur¢h lo this policy continu85 snd has been rewarded by a r8al and corresponding response frorn all individuals involved. Avai18bilityand adequacy of assets of each of the funds The CC as Trustees are satisfied that the ¢haritWs assets in each fund are available and adequate to fuffil its obligations in respect of each fund. Details of The Independent Examiner Eric Langer Bsc FCA Chartered Accountant and Independent Examiner 8-10 Gatley Road Cheadle Ch&shir8 SK8 1PY Statement of Trustees's Responsibilities The charity's trustee$ are responsible for the preparation of the a¢¢ounts in accordan￿ with the terms of the Charitie5 Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Nolwithstanding the explicit requirement in the extant statutory regulalions,Ihe Charities IA¢counts and Rery)rtsl R￿ulationS 2008, to prepare the financial statetnent5 in accordance wth the SORP 2005, in view of the fact thal the SORP 2005 has been withdrawn, the Trustees delemiined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to th8 FRS 102 SORP (Statement of Recommended PractiTr for Accounting and Reporting by Charities) 2015. las atnended by the BUl￿tin issued in October 2018 and 8pplicable to 8118ccounling p8ri0ds Winning on or after 1st January 20191, (Th8 SORPI. In particular, ch8rity law r8quir88 the Trust88s, if th8y prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charity as al the end of the financial year and of the surplus or deficil of the charity- In preparing thos8 financial 5taternent5 the Trustees ale required to". - to prep8re the ac(x)unts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Stsndards and applicable lawl. select suitable accounting pdicies and apply thetn consi5tently', make judgements and 88timales that are reasonab￿ and prud8nt'. prepare the financial statements on the going concem bssis unless it is inappropriate to presume that the charity will continue in business., slate whether applicable awounting standards and ststements of recommended Practi￿ have been followed, subject to any material departures disclosed and exp18ined in the financial statements.. withlnyton Methodlst Church Trustees. Annual Report for the year 8nd8d 31 August 2023 The Law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for the year. The Trustees are also reswnsible for maintaining adequate 8¢¢ounting ￿e0rd$ which disclose with reasonable accuracy at any tirne the financial position of the charity and which are sufficient to show and explain the Charity's transa¢lions and enable them lo ensu￿ that the financial slalemenls Comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the 85sets of the charity and hence for tsking reasonable steps for the prevention and dete¢lion ol fraud and other irregularities. The Trustees are also reswnsible for the Contents of the Trustees, rewrt. and the statutory ￿sponsibl11fy of the Ind8pend8nt Examin8r in r818tion to the Trust8es' report is limit8d io 8x8mining the r8POrt and ensuring that on the face of the report. theo are no material in¢onsisten¢ies with the figures disclosed in the financial stalernents. 2710612024 This report wa5 approved by the board of trustees on . Revd. Dr. Caroline Wicken5 Trustee Imthlngton Methodlst Church Report of the Independent Examiner to the Trustees of the charity on the accounts for th8 year ended 31 August 2023 I report to the trustees on my examination of the accounts of Withington Methodist Church (the Trust) for the year ended 31 August 2023. Respective responsibilities of the Tru5te8s and the Indep8nd8nt Examiner As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordan￿ with the requirements of th& Charitl8s Act 2011 I'the ACVI. I report in r8SP8et of rny exarninalion of th8 Trust's accounts carried out under s8Ction 145 of th8 2011 Act in carrwng out my examination I have followed all the applicable Dire¢tions given by the Charity Commission under S8Ction 14515llbl of th8 Act. Independent Examiner's Statement I have completed my ex8mination. I confirrn that no material matters have come to my attention in connection with my examination giving me Cause lo believe that in any material respect". accounting records were not kept in respect of the Trust as required by section 130 of the Act,. or the accounts do not accord with those records.. or the accounts do not comply with the applicab18 requirements conc8ming the form and cont8nl of accounts set out in the Charities (Accounts and Reports) Regu13tions 2008 other than any requiretnent that the accounts give a Irue and fair vieNV which is not a m8tt8r consid8r8d as p8rt of an indep8nd8nt examination. I have no concems and have corne across no other matter5 in connection wth the e￿[ni￿ation to which attention should be drawn in this rerM)rt in order to enable proper understsnding of the a￿o￿nts to be reached. Eric Langer BS¢ FCA Chartered Ac¢ountant 8-10 Gatley Road Ch88dl8 Cheshi SK81PY This report was signed on . 27 June 2024 withlngton Methodlst Church . Ststement of Flnanclal Adlvltles for the year ended 31 August 2023 Statement of Flnanclal A¢tlvltles for the year ended 31 August 2023 SORP Ref Current year Curr8nt ygar Current year Unrestricted Restricted Endowment Funds Funds Fund5 Current year Total Funds Prior Y8ar Total Funds 2023 2023 2023 2023 2022 Income & Endowments from: Donations & Legacies Charitable activities Other trading activities Investments Other A1 A2 A3 35.538 3,672 70.495 2,858 35,025 35,538 3,672 80,495 5,484 35,025 29,639 3,215 65,997 1,302 179 10.000 2,357 269 A5 Total Income 147.588 12,357 160,214 100.332 Expenditu￿ on.. charitab￿ activities 82 139.540 2.384 23 141,947 102,826 Total exp8nditura 139,540 2,384 23 141,947 102,826 Net gains on investrnenls 15,8011 15,8111 114,0551 Net 1ncomellexpenditu￿I for the year 2,247 9,973 236 12,456 116,5491 Transfers between fvnds 15 Net income after transfers B4 2,262 9,973 221 12,456 116,5491 Net movement in funds 2,262 9,973 221 12,456 116,5491 Reconclllatlon of funds:_ Total funds brought fotwarrated tru51 registered in England. The principal address of the charily is 439 Wiltll51ow Road. Withinglon, Manchester, M20 4AN. Golng Concèm The Trustees are satisfied that, at the lime of approving the finan￿al statements. il is appropriate lo adopt the going concern basi5 in preparing the finanaal staternenls. Policies relating to categories of income andincome recognition. IncoThe reGognition l incoming resources are included in the slaletnent of finan￿al activities when the charity 15 enlilled lo the incotne and th8 amount can b& quantified wth reasonab￿ accuracy. The following 8p8cific poliaes are applied lo partscul8r categories of income.. Voluntary Incom* 18 receiv8d by way of grants, donation8 and gifts and is Included In fijll In the statement of financial 8Ctivilies when r￿e1vable. Grants there entitlement is not conditional on the delivery of a specific performance by the Gharity. are reGognised when the Gharity becomes unconditionally entitled to the grant. Donsted services and facilities are included at the value to the chsrity where this can b8 quantified. The value of services provided by volunteers has not been included. Grants, including grants for the purchase of fix8d ass8ts, are r8cogn18ed in full in th8 Statement of financial aclivitl8s In the year in which they are receivable. Income trom investments is included in the year in which it is receivable. Legacie5 are included when the charity is advised by the personal representatwe of an estate that payment will be made or property transferr8d and the amount invofved can b& quantifiéd. Accountlng for deferred Incom• and Incomè recelved In advance Where terms and condition8 relating to income have not been met or uncertainty exists as lo bthether the charty c8n meet any lerms or conditions otherwise within its control. incorne is nol recogni5ed but is deferred 35 a liability until it is probable that th& terms or conditions impo8&d can be met. 14 withlngton Methodlst Church Notes to the Accounts forthe year ended 31 August 2023 PoliGies ￿lating to expenditure on g¢wds and 5ervioes provideil to the Gharity. Recoynition of liabilitie5 and expenditure Expenditure 18 recognised on an 8ccrual bas18 a8 8 li8bility is incurred. Exp8nditure includes any VAT vA)ich cannot be fully recovered, an(1 is reported as part of the expenditure to %thich il relates. Costs of gtn8rating fund8 compr188 th8 costs associat8d wth allr8eting voluntary Income and th& c08t8 of trading for fundraising purposes. Charit3ble expenditure wtnprises those costs incurred by the charity in the delivery of its 3di¥ities and servi￿$ for ils b8n8ficiari88. It includes both costs that can b8 alloca18d directly to suth activit188 and those costs of an indir8cl nature necessary lo support them. Govern8nc8 Costs are those incurred In connection with admin181r8tion of the charity and compliance with constitutional nd ststutory requ1￿mentS. Poll¢les relatlng to a$$ets. Ilabllllles and provlslon$ and olhermatters. Flxed Asset Invèstments Fixed asset investments in quoted share5. traded bond5. investment propertie5 and similar investments are showi initially al cost upon acqulsltK)n and at their market value at the balance she&t date at the end of the financial period. Inveslm8nt properties are not depr8cial8d. Fixed asset investments in unlisted equities are shown at the balance Sheet date at the best estitnate of their tnarket value, where practicable Wherè valuation téchniqués are consider&d unreliable orwh8r8, in the opinion of th8 trustees, th8 c08t8 outrNeigh the b8n8fit8 to the users of th8 account8, the inv88tm8nt is included al cost, and a revi8W is undertaken al each year end as to whether the asset should be WTitten down. I gains on fixed asset inve51tnents. whether realised or unrealised, are included in row B4 of the Stsletnent of Finanoal Activitie8. Tanglble Ilxed assets Tangible fixed assets a￿ measured at their original cost value, or subseouenl revaluation. Cost value in¢ludes all ¢osts 8XP8nded in bringing the asset into its intended WDrking condition. No depreaation 15 provided on freehold property and improvernents because rt 15 the Practi￿ to rnainlain the property in a continual state of sound repalr. Accordingly. the life is so long and the residual v2lu& so high that the Trustees tonslder that depreciation calculated in 8ccord8n￿ wth accepted accounting stsndards would be Immaterial. Cash and bank balances Cash held by the charity 15 included al the amount actually held 3nd counted al the year end. Bank balance5. whether in cr8dit or overdrawn. afft shown 8t the amoun18 property reconcilèd lo th8 bank statemènl8. P6nslons- deflned contrlbutlon schemes Th8 charity oper8t88 a defined contribution p8nsion 8ch8me. Contributions are charyed to the 8tst8m8nl of financial 3Ctivilies as they becotne payable in accordance with the wles of the schetne. 15 withlngton Methodlst Church Notes to the Accounts forth8 year ended 31 August 2023 Fund Accountlng Unr&8trict8d funds are available for u8è at the disttelion of thè trustees in furth&ranc8 of thè gènèral objectiv*s of th8 charity. Designated funds are unrestricted funds earmarked by the Trustees for particular purposes. Restricted funds are subjected to restrictions on their expènditure imposed by the donor or through the tems of an appeal or as implied by law. Endowment funds ar& funds donated lo the charity, wher8 the funds shall be invested and the charity shall enjoy the b8n8fit of the income from the capital fund, but where r8Strictions ar8 placed on th8 us8 of the capital. 2 Llablllty to taxatlon The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK Gorporation tsx purposes. Ac¢ordingly, the Charity is potentially exempt from tsxaiion in respe¢t of in¢otne or capital gain8 received vAthin categorie8 covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the T8xation of Chargeable Gains Act 1992, to the extent that such income or gains are spplied exclusively on the sPe￿fiC haritsble objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity. and is therefore included in the relevant costs In the Ststemenl of Financial Aclivilies. 3 Wlndlng up or dlssolutlon of the chatlty If upon winding or dissoluuon of the charlly IhÈre remain any assets, after the 8atlsfactlon of all debts and Ilabilloes. th8 a888t8 r8presenled by th8 accumulated fund 8h811 be transferr8d to 80me other charitabl8 body or bodies having similar objects to the charity. 4 Significance of financial instruments to the charitWs position Th&re arè no signrficanl implications of such matters. 5 Net Surplus before tax in the financial year 2023 2022 The nel surplus before tsx in the financial ye3r 15 5tsted after charging:_ Trust88s' rèmunèration and ￿nSIOn c08ts 11,997 10,792 6 Investment gains Current year Current yoar Current year Current year Prior Year Unrestrlcted Restrlcted Endowment Total Funds Total Funds Funds Funds Funds 2023 2023 2023 2023 2022 Un￿alISedg￿lns /{losses) and wrltlng down of carrylng v81ues TMCP Investrnenls- Unre31ised 15,8011 15,8111 114,0551 Total unreallsed galnslllossesl etc 5.801 10 5,811 14,055 Total rÈalisÈd and unrÈali$Èd gain$ 5.801 5,811 14,055 16 withlngton Methodlst Church Notes to the Accounts forthe year ended 31 August 2023 7 Staff cost5 and ernolurnents Salary costs 2023 2022 Gr088 Salaries excluding trustees and k8y management per80nnel Employer's operating costs of defined conlribulion penslon sGhemes Trustees, Remuneration as detailed in note 9 Oth&r benefits paid lo trustees, as detailed in note g 13,184 452 11.997 1,977 442 10.792 1,746 Total salarles, wages and r818t8d costs 27,610 24,094 Numljers of full time employee5 orfull time equivalents 2023 2022 The average numb&r of total staff employed In the yearwas The details of remun&ration paid to Iru8te&8 18 shown In note 9 No &mpk>yees received emolum&nls lexcluding pension costs) in exce&8 ofÈ60,000 per annum. 8 Defined contribution pension schemes Th8 charity oper8188 8 defined contribution wnsion sch8me, the costs of which are shown 8bove. Any liabilities and assets associated wlh the scheme are shown under d&blors and tredilors. 9 Remuneratlon and payment8 to Tru8tees and persons connected wlth them 2023 2022 Romuneratlon payable to tmstses or connectedpersons Richard Kirkby 11.997 10.792 Total remunerdtion 11.997 10.792 Richard Kirkby is employ8d as the part tim8 church adminislralor. The Church Council compli88 VAth Methodist Church Standing Orders 919 and 019A regarding conflicts of interest. No other trust88s r8c8iv8d r8mun8ralion or 8xp8ns8S. 2023 2022 Penslon peym&nts rnletln9 to trusteos orconn8¢t8dporsons Richard Kirkby 1,9TT 1,746 1,977 1,746 17 withlngton Methodlst Church Notos to the Accounts forthe year ended 31 August 2023 10 Deferred Income- Unr08trfct8d and Deslgnated fund8 Opening Def•tT818 Released Rgcoived Deferred from prlor les8 relea80d at year end years In year CTIL mobi￿ Telecommunications Rent PARS Exercise Group 17,010 117.0101 19.971 150 19.971 150 Total 17,010 17.010 20,121 20,121 2023 2022 Those deferrals aro Included In credltors 20.121 17.010 The deferrals included in creditors relate lo income relating to specific periods and represent thos& parts of unr&8trictÈd fund8 %4thich r8late lo p8riods subs8quenl lo th8 accounting year 8nd. 11 Tanglble flxed assets Land and Bulldlnas Total Cost At 1 September 2022 630,000 630,000 At 31 August 2023 630.000 630,000 Depreclatlon At 31 August 2023 Net book value At 31 August 2023 630.000 630,000 At 31 August 2022 630,000 630,000 12 Investments held a5 fixed as5et5 Other Classes of Total Investment arrying value$ ¢bf investments At 1 Sepl8mber 2022 Additions Revaluation al 31 August 2023 Disposals 112,658 2,617 15,8111 12,0201 112.6S8 2,617 12,0201 At 31 August 2023 107,444 107,444 18 withlngton Methodlst Church Notes to th8 Accounts forth8 year ended 31 August 2023 Analys15 betwoon fair valu8 and historical cost Investtnents as above held at fair value 107,444 107,444 Total at 31 August 2023 107,444 107,444 Analysis of Other Cla55es of Investment Includ8d at falr valu Total Summary of othèr classes of Investments at 31 August 2023 Cash or cA8h 8quival8nts 107,444 107.444 107,444 107,444 13 Debtor5 2023 2022 Prepayments and accru&d intome othÈr debtors 3.842 20,318 4.708 19,369 24,160 24,077 14 Credltors- amounts falllng due wlthln one year 2023 2022 Accwals Deferred InGome- UnrestriGted & designated fund5 35,417 20,121 53,349 17,010 55,538 70,359 15 N¢b ￿lated party tran$a¢ti¥n$ There were no tonsa¢tson5 With related partie5 in the year. ex¢ept with regard to ttustees. remuneolion. whi¢h ore fully disclosed in no188 abov&. 19 withlngton Methodlst Church Notos to the Accounts forthe year ended 31 August 2023 16 Partlculars of how partlcular fund8 are repr886nt8d by assets and Ilabllltles At 31 August 2023 Unrestrlctod Deslgnatsd Endowment funds funds funds Restrlcted funds Totsl Funds T3ngible Fixed Assets Investtnents Ht v3lu3tion._ Fix9dassotinvgSt￿nts Current Assets Current Liabilities 630,000 630,000 85,474 183,9391 155,5381 8.633 13.337 206.3 107,444 130,980 155,5381 8,555 575.997 8.555 8,633 219,701 812,886 At 1 September 2022 Unrestricted Designated Endowment funds funds fund$ Restricted funds Total Funds T8ngibl* Fixed A88&t8 Inv8slm8nt8 81 valualion:_ Fixed asset inv88tments Current A88815 630,000 630,000 91,289 176,6701 170,3591 8,412 12,957 196,771 112,658 128,131 170,3591 8,030 574,260 8,030 8,412 209,728 800,430 17 Change In total funds over the year a8 shown In Note 16, an8ly88d by Indlvldual fund8 Funds brought fotward from 2022 MovÈmÈnt in fund5 in Transfers between funds In 2023 See Note 18 See Not? 19 Fund$ carried forward to 2024 2023 Unrnstri¢ted and design8tsd funds.'_ Unrestricted Revenue Funds Designated Revenue Funds 574,260 8,030 5.378 13.1311 13,6411 3,656 575,997 8,555 Toial uTrrestriGted designated fuTrd5 582.290 2,247 15 584,552 RÈstrlctedfund&.'_ 18en Hargr*8ve8 Legacy Benevolent Development Rep8irs & Mainlenantt ISMUHTI 12,958 168 34,447 162,155 379 13,337 1.197 8.397 35,644 170,552 Total restricted funds 209,728 9,973 219,701 Endowment funds.'_ Carne1￿Y5 Bequest E(Iw3rd T Sherlock Legacy Higginbotham Legacy 224 223 8,173 237 232 247 Total endowment funds 8.412 236 8,633 Total charlty fund8 800.430 12,456 812,886 20 withlngton Methodlst Church Notes to the Accounts forthe year ended 31 August 2023 18 Analysis of movements in funds ovor the year as shown in Note 17 other Galns & Lo88e8 Income Expenillture Movement In fund8 2023 2023 2023 2023 Unrestricted anLI designated funds.'_ Unrestricted Revenue Funds Design8ted Revenue Funds 143.420 4.168 1132,2411 17,2991 15,8011 5.378 13,1311 RestriGted funds.'_ leen Hargreaves Legacy BenÈ¥olenl Development Repair8 & Maintenanc8 ISMUHTI 416 13n 379 1,197 10.744 1.197 8.397 12,34n Endowmenl fvnds.'_ Carne1￿Y8 Bequest Edward T Sherlock L8gacy Higginbothsm Legacy 255 1231 232 131 160.214 141,94 5,811 12,456 G2ins 2nd losses are detailed in note 6. 19 Detslls of tran8fers between fund8 In the year 88 shown In Note 17 The transfers shown in ni>te 17 above are".- 2023 Tolltroml Unr*8trlct8d R8v&nu8 Funds in accordant& wlth the accounllng policy'Accountlng for tAplt81 grants and fixed asset funds,. Tolltroml D&signat&d R&venue Funds Tolltroml Endowment Revenue Funds 13,6411 3.856 Net tran$fers 20 The purposes forwhich the fund5 a5 dotailed in nots 17 are held by the charity are-_ Unrestricted de$ignatedfund$.'. Unrestricted Revenue Funds These fund8 Sre h8ld for the meeting the objectives of the charity, and to provide reserves for future activities. and , subject lo charity kgislation. are fr&& from all reslriclions on thèir use. Conts¢t Centre Designated lo record the in¢ome and expenditure of the ¢onta¢l ¢entre. Moira Nixon Opportunity Fund Designated fund to be held prirllarily for the redevelopment of Area 3 lex CAB offiosl a5 OPtK>rtunity arise5. Monday Monkeys Designated lo record the in¢ome and expenditure of the mother toddler group. R8p8ir8 & Maintenance Designated lo record the church8s annual contribution towards repairs and rnainlenance and pertnilled expenditu￿ in 3ccordance wryth the 3greemenl th SMUHT. Thè deficit at 31 August 2023 was cl&8red Mth a £7,016 Iran8f8r from General Funds. Designated lo r￿Ord incom8 and exp8nditurg of th& Club. The Club 21 withlngton Methodlst Church Notes to the Accounts forth8 year ended 31 August 2023 Flower Fund Designated for decoration of church 8&rvices and 8ub8Équent distribution or as appropriate. Thursday Night Group Oesignated held on behalf of ladies social group. Church Magazine Designated fund to be used to provide 8 church magazine to promote church services. Tuesday Tots Oesigngted lo record the incorne and expendilure of the Toddler and Csrer Group. £35.000 compensation wa5 recewed. The CC designated this to clear circuit assessment arrears as at 31 August 2022. The arrears were £20,600. and the remaining £14,400 wa8 transferred back to Unrestricted Revenue Funds. Right to Light Restrlctsd funds... leen Hargreaves L￿9 This fund 15 to enable members lo have a holiday. or lo asslst tnetnbers th travel, accommodation and olh&r fees when all&nding festsvals, cours8s and conf8r8nc8s. Benevolent The fund 15 Used for benevolent purposes. Development This fund is used for devek)pment work within the church. Repair8 & Mainl&nanc8 ISMUHTI This is South Manchester University Hospital Trust's annual wntribution towards the rep8irs maintenance, and albcation of perrnitted expenditure. Endowment funds... Carne1￿Y8 Bequest Incorne from this fund is lo be used for the benefrt of the poor. Ethv8rd T Sherlock Legacy The incorne from this fund can be used for the upkeep and maintenance of the Ghurch. the improvemenl of musical 5erviGes and general purp05e5 of the church. Higginbotham Lega¢y In¢otne from Ihis fund is used to suprK)rt the ¢hapel. 22 Withington Methodi$t Chur¢h Detalled analysls of Income and èxpendlture for the year ènded 31 August 2023 a8 requlred by the SORP Thls analysls Is classlfledby conventlon81 nomlnal descrlptlons end notby actlvlly. 21 Donatlons and Legacles Current year Current year Current year Current year Prlor Ye8r Unrestrlcted Restrlctsd Endowment Totsl Funds Total Funds Funds Funds Fund5 2023 2023 2023 2023 2022 Donations and gifts from individuals Small donations individually less than £1000 32.538 32,538 28.795 Total donation5 and gifts from Indlvlduals 32.538 32.538 28,795 Legacie$ receivable Estate of B Berry Estate of E Ch3mpion 1,000 2.000 1,000 2,000 Total legacie5 receivable 3.000 3.000 Revenue grants from government and public bodies CJRS Grant 594 Total publlc sector revenue grants Revenue grants and donatlOn5 from non public b￿lieS Small grants individually1&8S than £1000 250 Totsl prlvate sector revenue grants 250 Ttstsl D¢bna¢lon$ and Lega¢le$ A1 35.538 35.538 29,639 Last year £16 of small donatlons Indlvldually less than £1,000 was restrlcted. 22 Income from charltable actlvltles. Tradlng Actlvltles Current year Current year Current year Current year Prlor Year Unrestrlcted Restrlctsd Endowment Totsl Funds Total Funds Funds Funds Fund5 2023 2023 2023 2023 2022 Primary purpose and ancillary trading Tr8￿craft Contact ¢entre Monday Monkeys 2,500 787 2.500 787 2.500 710 Totsl Primary purpose and ancillary tradlng 3.672 3.672 3,215 23 Withington Methodi$t Chur¢h Detalled analysls of Income and èxpendlture for the year ènded 31 August 2023 a8 requlred by the SORP 23 Totsl Income from charltablo actlvltles Current year Current year Current y8ar Current year Prior Year Unrestrictsd Restrictsd Endowment Total Funds Total Funds Fund$ Fund$ Funds 2023 3,672 2023 2023 2023 3,672 2022 3,215 Total income from charitable trading Total from charitable activities 3,672 3,672 3,215 All prior year inGome from charitable activities wa5 unrestricted. 24 In¢ome from ¢bther, non ¢harftst>le. ttadlng a¢tlvlll¢s Current year Current year Current year Current year Prlor Year Um￿str1¢t¢￿ Re$tri¢te Endowmerf Totsl Fund$ Total Funds Funds Funds Funds 2023 2023 2023 2023 2022 Incorne from fundraising events Incotne from letting and licensing of property for non ch3ritable purposes ar panels 28 68.702 10.000 78.702 66.202 1,793 1.793 12331 Total from other actlvltles A3 70A95 10.000 80.495 65,997 Last year £10,000 of income from letting and licensing of property for non charitsble purposes was restrictsd. 25 Investment income CUr￿n1 year Current year Current year Current year Prior Year Unrestricted Restricted Endowment Ttstal Funds Total Funds Funds Funds Fund8 2023 2023 2023 2023 2022 Dividend Incom8 Bsnk Inter8St Receivab18 1,581 1,277 1,588 3.896 803 499 2,357 262 Totsl Investment In¢ome A4 2.858 2.357 269 5.484 1,302 Last year £296 of total Investment Income was restrlcted and £44 was endowment fund8. 26 Othor income and gains Current year Current year Current year Current year Prior Year Unrestrlcted Restrlcted Endowment Totsl Funds Total Funds Fund$ Funds Fund5 2023 2023 2023 2023 2022 Summary of Other income Sundry other income Right to Light Compensation 25 35.000 25 35,000 179 Total other income A5 35,025 35,025 179 All prior year other incomo and gains was unr8strictod. 24 Withington Methodi$t Chur¢h Detalled analysls of Income and èxpendlture for the year ènded 31 August 2023 a8 requlred by the SORP 27 Expendlture on charltablo 8Ctlvltl•s- Dlrect spending Current year Current year Current year Current year Prlor Year Unrestrictsd Restrictsd Endowment Totsl Funds Total Funds Fund$ Fund$ Funds 2023 2023 2023 2023 2022 Gross wages ané salaries- Charitsble a¢tivltles 13,184 13.184 11,114 Defined Contribution pension Costs charitable activities 452 452 442 Circuit assessment Funeol Fee5 Worship costs Tra￿traft Contact C8ntr8 Monday Monkeys 48,000 200 657 48.000 200 657 25,OCKI 210 102 232 24 247 12 247 12 Totsl dlrect spendlng B2a 62.752 62.752 37,124 All prior year expenditure on charitsble activities- direct Spending was unrestrictsd. 28 Expenditure on charitable activilie5- Grant fvnding of activities Current year Current year Current year Current year Prior Year Unrestrlcted Restrlcte(I Endowment Totsl Fund$ Total Funds Funds Funds Fund5 2023 2023 2023 2023 2022 Grants made lo individuals 302 952 Grants tnade to organisations 505 505 Totsl grantmaklng costs B2c 505 505 1,254 Last year £302 of grants mado to individuals and £700 of grants made to organisations was restricted. Breakdown of Grants made to organlsatlon$ Current year Current year Current year Current year Prior Year Unrestrictsd Restrictsd Endowment Total Funds Total Funds Funds Funds Funds 2023 2023 2023 2023 2022 Iwecan Christian 113 178 85 167 178 World Mission Fund 70 70 L'Arche Manchester Coffee4eraif Sekondi Melhodisl Church Ghana 27 27 117 117 700 505 505 952 25 Withington Methodi$t Chur¢h Detalled analysls of Income and èxpendlture for the year ènded 31 August 2023 a8 requlred by the SORP 29 Support costs for charltsble actlvltles Current year Current year Current year Current year Prior Year Unrestricted Restrictsd Endowment Totsl Funds Total Funds Fund$ Funds Fund5 2023 2023 2023 2023 2022 Premises Expenses Rates and water charges Light heat and power Cleaning and waste management Premises repairs. renewals and maintenante Security 8y8tem Property insurance Adrninistrotive t>vertRead5 Telephone. fax and intemet Paper, stationery and postage Photocopier c05t5 Church away day Transforming Churches Communities Software licences and expenses 21 21 Sundry expenses 15 15 Licences & Permits 796 796 Admin c05t5 260 320 National Methodist Youth Brass Band 249 249 Pmfessional fees paid to the Auditor orlndependent Examinerin addition to audit and examination f88S A5 dets1￿ in Nole 30 804 804 Other legal and professional 1,392 1.392 Supptsrt ¢¢>sts beffty￿ wllo¢atitsn 61.517 63.924 1,317 15,493 2,08g) 1.317 15.493 2.089 736 16,241 1,753 27,826 2,347 30.173 15,194 3,017 6,316 3,017 6.316 2.802 5,887 1,143 159 620 1.143 159 620 1,0 82 1,159 95 875 15 828 375 37 23 780 3.340 51,142 2,384 23 Total support costs 61.517 2.384 23 63.924 51,142 Last year £2,192 of 8UPPOrt C08ts for charltsble actlvltles was restrlcted and £23 was endowment funds. 30 Othor Expenditure- Governance cost5 Current year Current year Current year Current year Prior Year Unrestricted Restricted Endowment Total Funds Total Fund5 Fund$ Fund$ Funds 2023 2023 2023 2023 2022 IndetEndent Exatninerfs fees Trustees, rernuneration Tru5t8&s Defin8d contribution p8nsion costs Finance team costs Total Governance costs 792 11.997 1.977 792 11,997 1,977 10.792 1.746 14,766 14,766 13,306 All prlor year other expendlture. governancè costs was unrestrlcted. Professlonal fees p8ld to the Audltor or Indèpendent Examlnerln oddltlon lo èudlt and exèmlnouon fee$ 2023 2022 Assuranc8-Non audit or examination Totsl additional f885 included in $upptsrt Go$1$ at Note 29 804 804 804 804 26 Withington Methodi$t Chur¢h Detalled analysls of Income and èxpendlture for the year ènded 31 August 2023 a8 requlred by the SORP 31 Totsl Charltable expendlture Current year Current year Current year Current year Prlor Year Unrestrictsd Restrictsd Endowment Totsl Funds Total Funds Fund$ Fund$ Funds 2023 2023 2023 2023 2022 Total direct spending Total grantrnaking costs Total support Costs Total Govemance costs Totsl charitable expenditure B2a B2¢ B2d B2e B2 62,752 505 61,517 14,766 139.540 62,752 505 63,924 14,766 141.947 37.124 1.254 51.142 13.306 102,826 2.384 23 2.384 23 27 Withington Methodist Church This page does not forni p8rt of the statutory report and accounts for the year ended 31 August 2023 Income and Expenditure Summary Current year Prior Year Total Funds Total Funds 2023 2022 Incorng Donations & I￿￿cleS Charitable Activities Fundraising Events CTIL Mobile Telecomms Mast Right lo Light Olh8r18tting I Iic8nc8 SMUHT ￿nt & Servi￿ charge SMUHT rep8irs & maintenance Solar panels Investtnents Other 35,538 3,672 29,639 3,215 28 18,557 22,055 35,000 28,447 18,200 10,000 1,793 5,484 25 160,214 20,541 17,104 10,000 12331 1,302 179 100,332 Exp•n$gs Wages A8S88sment Direct spending on charitable activities Grants to individu81s Grants to other organisalions Lighting, heating & power Property repairs & renewals Other pretnises o)sls Administrative OV8rh88ds Legal & professlonal fees 27,610 48,000 1,116 24,094 25,000 568 302 952 16,241 15,194 11,178 4,409 4,888 102,826 505 15,493 30,173 12,739 3,323 2,988 141,947 Nèi Incomè l&xpèndltur81 boforo galn811108$881 18,267 12,4941 28