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|Legal and Administrative|Information||
|Annual Report ofthe Trustees|||
|Independent
Examiner's|Report to the Trustees||
|Statement ofFinancial|Activities||
|Balance Sheet|||
|Notes tothe Financial Statements|||
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||Unrestricted|Restricted||Unrestricted|Restricted||
|---|---|---|---|---|---|---|
||Funds|Funds|Total|Funds|Funds|Total|
|Note|2022|2022|2022|2021|2021|2021|
|||f|E||||
|Income from:|||||||
|Donations,
Legacies 8cGrants|49,688|I3,884|63,572|65,262|15,958|81,220|
|Other Church
Activities|4,919||4,919|497||497|
|Lettings Income|48,947||48,947|16,040||16,040|
|Investments|65||65|51||5i|
|Total Income|103,619|13,884|117,503|81,850|15,958|97,80$|
|Expendit:ure on:|||||||
|Raising Funds|9,116|270|9,386|5,007|9,57.2|14,529|
|Charitable
Activities|105,090|I2,521|117,611|94,19&|8,712|102911|
|Total Expenditure|114,206|12,791|126,997|99,206|18,234|117,440|
|Net Expenditure
4|(10,587)|1,093|(9,494)|(I7,356)|(2,276)|(19,632)|
|Transfer Between Funds||||(379)|379||
|Net INovement
in Funds|(IO,S&7)|1,093|(9,494)|(17,735)|(1,897)|(19,632)|
|Total Funds Brought Forward|2&8$4&867|1,258|2&886,125|2,902,602|3,155|2,905,757|
|Total Funds Carried Forward|2,874,280|2&351|2,$76,631|2,884,867|1,258|2,886,125|
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||||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Funds|Funds|Total|Total|
||||||||2022|2022|2022|202I|
|||||||Note|||||
|Fixed Assets|||||||||||
|Tangible Assets||||||5|2,824,387||2,824,387|2,824,8 I I|
|Current Assets|||||||||||
|Debtors|||||||39,490|l69|39,659|24,368|
|Central
Finance||Board||&Trustees for|||||||
|Methodist
Church|||Purposes||Deposits||4,674||4,674|I5,364|
|Cash At Bank|And||On|Hand|||9,006|2, I82|I I,I88|25,370|
||||||||53,I70|2,351|55,52 I|65,I02.|
|Creditors - Amounts||||Falling Due|||||||
|Within One|Veer||||||3,277||3,277|3,788|
|Net Current||Assets|||||49,893|2,35 I|52,244|61,3l4|
|Net Assets|||||||2,874,280|2,35I|2,876,63 I|2,886, I 25|
|Represented|by:||||||||||
|Restricted
Funds||||||||2,35 I|2,35I|I,258|
|Unrestricted||Funds|||||2,874,280||2,874,280|2,884,867|
|Total Funds|||||||2,874,280|2,351|2,876,63 I|2,886, I25|
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|||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Total|Total|
|||||2022|2022|2022|202I|
|||||E|||E|
|Donations
&Legacies||||||||
|Offerings
and Donations||||40,453|7,608|48,06I|55,733|
|Income|Tax Reclaimed|||9,235|I69|9,404|9,946|
|HMRC|Furlough|Scheme|||347|347|I2,82 I|
|Grants|||||5,760|5,760|2,720|
|||||49,688|I3,884|63,572|81,220|
|Income from Charitable|||Activities|||||
|Children|&Social|Groups,||4,9 I9||4,9I9|497|
|Weddings
&Funerals||||||||
|Other Trading Activities||||||||
|Lettings|Income|||48,947||48,947|I6,040|
|Other Income||||||||
|||||48,947||48,94?|I6,040|
|Investment|Income|||||||
|Interest||||||65|5I|
|||||103,6I9|I3,884|I I7,503|97,808|
|3.Expenditure||||||||
|3aExpenditure
on||Raising Funds||||||
|||||Unrestricted|Restricted|||
|||||Funds|Funds|Total|Total|
|||||2022|2022|2022|2021|
|||||||E|f|
|StaffCosts (Lettings|||Manager)|9,I02|270|9,372|I4,529|
|Bad Debts||||l4||14||
|||||9,l I6|270|9,386|I4,529|
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|xpenditure|on Charit|able Activities|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||Funds|Funds|Total|Total|
||||2022|2022|2022|2021|
||||E||E|E|
|Circuit Assessment|||65,754||65,754|65,754|
|Church
Life &Outreach|||2,554|8,567|11,121|6,133|
|Missionary|&Charitable|Giving|350|3,877|4,227|767|
|Provision ofOffice &Support|||2,649||2,649|2,364|
|Provision of Buildings &||Facilities|32,883|77|32,960|27,113|
|Governance|Costs||900||900|780|
||||105,090|12,521|117,611|102,911|
||||||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Funds|Funds|Total|Total|
||||||||2022|2022|2022|2021|
|||||||||E|||
|Gross wages, salaries and benefits|||||in kind||18,273|347|18,620|23,567|
|Employer's||National|Insurance||||148||148|774|
|Employer's||Annual|Allowance||||(148)||(148)|(774)|
||||||||18,273|347|18,620|23,567|
||||||||||2022|2021|
|Average|number offull-time|||equivalent||employees|during the year were:|||I|
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||||Unrestricted|Restr icted|||
|---|---|---|---|---|---|---|
||||Funds|Funds|Total|Total|
||||2022|2022|2022|2021|
||||'E||E||
|Giving to Organisations|||||||
|All We Can||||387|387|80|
|Bible Society|||75||75|75|
|Christian
Aid||||1,355|1,355|168|
|Haringey
Giving - Refugee Appeal||||450|450||
|Leaders ofWorship|&|Preachers Trust|125||125|125|
|Methodist
Housing|Society||150||150|150|
|North
London Hospice||||470|470||
|UNICEF||||400|400||
|WaterAid||||255|255||
|WAVE Church||||510|510||
|Action for Children||||||39|
|Hornsey
Foodbank|(In|addition tofood donations)||||IO|
|Junior Mission For|All|||||120|
||||350|3,827|4,177|767|
|Gifts to Individuals||||50|50|555|
||||350|3,877|4,227|1,322|
|4.Net Expenditure|||||||
||||||2022|2021|
|This 8stated after charl'ng|||||E||
|Depreciation
ofOwned|Assets||||424|424|
|Independent
Examination||Fee|||900|780|
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|5.Tangible Fixed Assets|5.Tangible Fixed Assets|5.Tangible Fixed Assets|5.Tangible Fixed Assets|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Freehold||||||
||||||||||Land &||Fixtures,|||
|||||||||Buildings:|||Fittings &|||
||||||||||Church||Equipment||Total|
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|Costlvalu
ation||||||||||||||
|At
I September|2021|||||||2,823,539||||18,375|2,841,914|
|Additions||||||||||||||
|Disposals||||||||||||||
|At 31 August 2022||||||||2,823,539||||18,375|2,841,914|
|Accumulated
Depreciation||||||||||||||
|At
I September|2021|||||||||||17,103|17,103|
|Charge ForYear||||||||||||424|424|
|Disposals||||||||||||||
|At 31 August 2022||||||||||||17,527|17,527|
|Net BookValue||||||||||||||
|At 31 August 2022|||||||||2,823,539|||848|2,824,387|
|At 31 August 2021|||||||||2,823,539|||1,272|2,824,811|
|The Church
buildings|and|other|property|includes:||||||||||
|||||Address|||Ownership|||||||
|Church
Building BNorth||Bank||28 Pages||Lane|Trustees for Methodists|||||Church|Purposes|
|||||Muswell||Hill||||||||
|||||London||Nl 0 IPP||||||||
|The Church
Building|and|North|Bank properties||were last valued||by Methodist|insurance||PLC|in 2018. At the time ofthis|||
|report, the buildings|are insured||at a rebuilding||cost of64,443,179and the church||||equipment||for a|value off123,586.||
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|6.Oebtors|||||
|---|---|---|---|---|
||||2022|202I|
|||||E|
|Debtors|||||
|Gift Aid Receivable|||12,404|3,000|
|Lettings
Receivable|||6,5 I I||
|Methodist
New|River Circuit||l7I|807|
|HMRC Furlough|Scheme|||562|
|Miscelleaneous||||49|
|Prepayments|||||
|1stQuarter Circuit Assessment|||16,439|I6,439|
|Insurance
8c Lift|Maintenance|Expenses|4, I34|3,5 I
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||||39,659|24,368|
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|7.Ca|sh at Bank and In Hand|||
|---|---|---|---|
|||2022|202I|
|||f||
|Lloyds|Current Account|I l,093|25,283|
|Lunch|Club Account 8 Cash Float|95|87|
|||I I,I88|25,370|
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|||2022|202I|
|---|---|---|---|
|||E.|IE|
|General Creditors||2,377|830|
|Accruals||900|780|
|Rental Income Received|in Advance||2,I78|
|||3,277|3,788|
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|9.Restricted Funds|9.Restricted Funds|9.Restricted Funds||||||||
|---|---|---|---|---|---|---|---|---|---|
|9aForthe year ended 31|||August 2022|||||||
|||||At|I||||At 3l|
|||||September|||||August|
|||||2021||Received|Expenditure|Transfers|2022|
|||||||E||E||
|Internal
Funds||||||||||
|Benevolence
Fund||||274||500|(50)||724|
|Child Contact Centre||||||2,640|(3,646)||(1,006)|
|Flower Remembrance|Fund|||105||30|(44)||91|
|Haringey
ESOLClasses||||||3,120|(1,232)||1,888|
|Syrian Refugee Resettlement|||Fund|879|||(482)|(397)||
|Muswell
Hill Welcomes||||||1,609|(2,083)|397|(77)|
|Ukrainian
Refugee Support||||||1,220|(1,080)||140|
|Coronavirus
Job Retention||Scheme||||347|(347)|||
|Internal
Funds Total||||1,258||9,466|(8,964)||1,760|
|||||At|I||||At 31|
|||||September|||||August|
|||||2021||Received|Expenditure|Transfers|2022|
|Funds Raised for External||||||||||
|Organisations||||||||||
|Action for Children||||||458|||458|
|All We Can||||||387|(3&7)|||
|Christian
Aid||||||1,4&8|(1,355)||133|
|Haringey
Refugee Appeal||||||450|(450)|||
|North
London Hospice||||||470|(470)|||
|UNICEF||||||400|(400)|||
|WaterAid||||||255|(255)|||
|WAVE Church||||||510|(510)|||
|External Funds Total||||||4,418|(3,827)||591|
|Total Restricted Funds||||1,258||13,884|(12,791)||2,351|
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|||||At
I||||At 31|
|---|---|---|---|---|---|---|---|---|
|||||September||||August|
|||||2020|Received|Expenditure|Transfers|202I|
||||||E||E||
|Internal
Funds|||||||||
|Benevolence
Fund||||829||(555)||274|
|Child Contact Centre||||109|2,720|(3,061)|232||
|Fitness Club||||(147)|||147||
|Flower Remembrance||Fund||105||||105|
|Syrian Refugee Resettlement|||Fund|2,259||(1,380)||879|
|Coronavirus
Job Retention|||Scheme||12,821|(12,821)|||
|Internal
Funds Total||||3,155|15,541|(17.817)|379|1,258|
|||||At
I||||At 31|
|||||September||||August|
|||||2020|Received|Expenditure|Transfers|202i|
|||||E||||E|
|Funds Raised for|External||||||||
|Organisations|||||||||
|Action for Children|||||39|(39)|||
|All We Can|||||80|(8o)|||
|Christian
Aid|||||168|(168)|||
|Hornsey
Foodbank|(In|addition tofood donatii|||10|(10)|||
|Junior Mission For|All||||120|(120)|||
|External Funds Total|||||417|(417)|||
|Total Restricted|Funds|||3,155|15,958|(18,234)|379|1,258|
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