2023-08-31-accounts - Battersea Methodist Mission

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Trustees			Chair Person		Rev Rosamund Hollingsworth	Rev Rosamund Hollingsworth	(Superintendent	(Superintendent
			Church Stewards		Dorothy Obu-Cann
					Georgina Aidoo
					Rebecca Brown
					Delaine Gibson-Hylton
					Joyce Asiedu
					Oladunni Oderinde
					Patricia Edosonwan
			Church Treasurer		Florence Fombo
			Church Council Secretary		Theo Addy
			Pastoral Secretary		Gertrude Boakye
			Church Representatives		Dora Bannerman
					Adwoa Boateng
			Safeguarding	Officer	Evelyn Boateng
Chariity	number				1129993
Principal	address				20-22 York Road
					Battersea
					London
					SW11 3QE
Independent		examiner			John Caladine FCCA CTA FCIE
					Caladine Limited
					Chantry House
					22 Upperton Road
					Eastboume
					East Sussex
					BN21 1BF
Bankers					Central Finance Board	ofthe	Methodist	Church
					Trustees for Methodist	Church	Purposes
					Bardays Bank

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			Unrestricted	Restricted	Total	Unrestricted
			funds	funds		funds
		Notes	2023 6	2023 6	2023	2022f
Income and endowments	from:
Donations and legacies			10,852	17,000	27,852	14,858
Chaditable activities			93,715		93,715	87,095
Investments			3,634		3,634	2,070
Other income						54,340
Total income			108,201	17,000	125,201	158,363
Charitable activities			131,244	6,455	137,699	106,366
Net losses on investments		11	(1,879)		(1,879)	(9,913)
Net income/(expenditure)	and movement	in
funds			(24,922)	10,545	(14,377)	42,084
Reconciliation offunds:
Fund balances at 1 September 2022			2,933,784		2,933,784	2,891,700
Fund balances at 31August 2023			2,908,862	10,545	2,919,407	2,9M,784

			2023		2022
		Notes	5		6
Fixed assets
Property, plant and equipment		13		2,680,255		2,708,407
Current assets
Trade and other receivables		14	8,815		12,792
Investments		15	80,909		82,789
Cash at bank and	in hand		152,428		151,808
			242,152		247,389
Current liabilities		16	(3,000)		(22,012)
Net current assets				239,152		225,377
Total assets less	current liabilities			2,919,407		2,933,784
Income funds
Restricted funds		18		10,545
Unrestricted funds
Designated funds:
Special Legacies Fund			119,230		119,230
		20	119,230		119,230
General unrestdcted funds			2,789,632		2,814,554
				2,908,862		2,933,784
				2,919,407		2,933,784

Rev Rosamund	Hollingsworth	Florence Fombo
Trustee		Trustee

						Unrestricted	Restricted	Total	Unrestricted
						funds	funds		funds
						2023f	2023f	2023f	2022f
	Donations	and		gifts		10,852		10,852	14,858
	Administration			Fund			17,000	17,000
						10,852	17,000	27,852	14,858
	Donations		and	gifts
	Donations	and		gifts		15,207		15,207	14,858
	GiR aid					(4,355)		(4,355)
						10,852		10,852	14,858
4	Charitable		activities
								2023f	2022f
	Charitable	rental income						93,715	87,095
5	Investments
								2023	2022
	Interest receivable							3,634	2,070
6	Other income
								2023	2022
	Net gain on		disposal oftangible			fixed assets			400
	Share of property				gain Wandle	Valley creditor written back (see note	23)		53,940
									54,340

				Charitable	Charitable
				Activities	Activities
				2023	2022
Direct costs
Depreciation		and impairment		28, 152	28,152
Assessments				18,589	(8)
Church expenses				1,026	864
Benevolent	award				300
Building insurance				8,960	10,093
Utilities				18,783	9,406
Repairs and		maintenance		21,175	21,364
Cleaning and		Security		17,431	18,344
Rates				6,054	5,888
				120,170	94,403
Share ofsupport and governance			costs (see note 8)
Support				14,130	8,326
Governance				3,399	3,637
				137,699	106,366
Analysis by		fund
Unrestricted		funds		131,244	106,366
Restricted funds				6,455
				137,699	106,366

Support costs
		Support	Governance	Total Support costs		Governance	Total
		costs	costs 6	2023	5	costs	2022f
Printing, postage	and
stationery		1,228		1,228	90		90
Telephone		514		514	2,301		2,301
Subcontractor		6,455		6,455
Computer costs		434		434
Office equipment	and
expenses		5,499		5,499	5,486		5,486
Accountancy			1,760	1,760		1,926	1,926
Fund Manager costs			236	236		286	286
Bank charges			403	403		375	375
Independent examination
fees			1,000	1,000		1,050	1,050
		14,130	3,399	17,529	8,326	3,637	11,963
ASSI)/88(Lbg(w~en
Charitable activities		14,130	3,399	17,529	8,326	3,637	11,963

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Property, plant and equipment	Property, plant and equipment	Property, plant and equipment
			Land and	Fixtures,	Total
			Buildings	fittings and
				equipment
Cost
At 1 September 2022			2,872,227	95,066	2,967,293
At 31 August	2023		2,872,227	95,066	2,967,293
Depreciation	and impairment
At 1 September 2022			164,669	94,216	258,885
Depreciation	charged	in the year	27,445	708	28,153
At 31August	2023		192,114	94,924	287,038
Carrying amount
At 31August	2023		2,680,113	142	2,680,255
At 31August	2022		2,707,558	849	2,708,407

			2023	2022
	Amounts	falling due within one year:
	Other receivables		3,367	7,724
	Prepayments and accrued income		5,448	5,068
			8,815	12,792
15	Current	asset investments
			2023	2022
			6
	Unlisted	investments	80,909	82,789

16	Current	liabilities
					2023	2022
				Notes	8
	Deferred	income		17		17,000
	Other payables					1,892
	Accruals	and deferred	income		3,000	3,120
					3,000	22,012
17	Deferred	income

2023	2022
	6
	17,000

				Movement		Movement	in funds
				in funds
			Balance at	Incoming	Balance at	Incoming	Resources	Balance at
		1	September	resources	1 September	resources	expended	31August
			2021		2022			2023
					6	8
Administration	Fund					17,000	(6,455)	10,545

Analysis	ofnet assets between funds
			Unrestdi cted	Restricted	Total
			funds	funds
			2023	2023	2023
				6
Fund balances at 31August 2023are represented		by:
Property,	plant and equipment		2,680,255		2,680,255
Current	assets/(liabilities)		228,607	10,545	239,152
			2,908,862	10,545	2.919,407

Analysis	ofnet assets between funds (Continued)
			Unrestdicted	Restricted	Total
			funds	funds
			2022f	2022f	2022f
Fund balances at 31August 2022 are represented		by:
Property,	plant and equipment		2,708,407		2,708,407
Current	assets/(liabilities)		225,377		225,377
			2,933,784		2,933,784

					Movement		Movement
					in funds		in funds
				Balance at	Incoming	Balance at	Incoming	Balance at
			1	September	iesoorces	1September	resources	31August
				2021		2022	f	2023f
Special	Legacies	fund		119,230		119,230		119,230

	2023f	2022 6
Within one year	2,875	2,875
Between two and five years	4,315	7,190
	7,190	10,065