REDHILL METHODIST CHURCH
Registered Charity Number 1130897
Registered Office: Redhill Methodist Church Gloucester Road, Redhill, Surrey, RH1 1BP
Annual Report for the year ended 31 August 2023
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(Managing) Trustees for the year ended 31[st] August 2023
Rev Gillian Baalham (Chairman)
Deacon Jenny Parnell
Deacon Jenny Parnell Anne Branson John Peter Raseen Joseph Robert Collins (until 30/04/2023) Gill George Rex Giles Elizabeth Gregory Helen Greaves Judith Jackson (until 30/04/2023) Janet Loader (until 30/04/2023) Kenneth Newbury Eddie Newton Pauline Newton (Secretary) Sabat Prasetyo (until 30/04/2023) Chris Lawrence Irene Goodhind Ian Pattison Heather Snowdon Lorraine Valler Andrew Willock Rosemary Willock Chitradevi Jaganathan Derek May (from 01/05/2023) Martin Ellaby (from 01/05/2023) James Pitts (from 01/05/2023)
A Review of the Year’s Activities 2022/2023
All our usual activities have continued throughout the year with outside charitable groups using our building. Church activities include Sunday services in English and Urdu, Junior Church, Messy Church, Choir and Music Group. There is a weekly Under Fives group for parents and carers and a Thursday group for people with mental health problems, a poetry group, housegroups, table tennis and badminton. The Arches Café is open on Wednesdays and Saturdays. We also have Rainbows, Brownies and Guides meeting on our premises and we host MHA Communities East Surrey who hold a day centre once a week. All these activities are well supported and we continue to receive new members into the church.
There have been several special events during the year, one of the highlights being a concert by the Include Choir and a Ukrainian pianist.
Our building is a very difficult and costly one to maintain but our Property and Finance Team continue to address this.
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Financial review
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Annual accounts have been prepared in the format prescribed by The Methodist Church. These have been submitted in a separate document. In view of the Church’s annual turnover which has been well below the threshold for accruals accounting for many years (a position not expected to change) and changes to requirements for accruals accounting, the Trustees agreed that the basis of accounting should be changed to the simpler Receipts and Payments basis with effect from 1 September 2015.
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The deficit for the year on the church accounts continues at a level which means that action is required if we are to have a longer term future. Although offerings have increased as a result of an appeal to the congregation based on the need to address our financial position while we still have time to implement changes our lettings income has remained below pre-pandemic levels. Despite the Church’s reserves being sufficient to cover the shortfall in the short term the Trustees are currently implementing a survival plan (in consultation with the Circuit) to significantly reduce the deficit.
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The reserving policy is essentially unchanged from previous years. Despite the continued size of the reserves a policy of actively reducing the level has not been adopted, and this has proved particularly prescient at the present time. If we are to continue we have the challenge of combining prudent stewardship of resources for the future with reducing our deficit on the Income and Expenditure Account and being prepared for the possibility of an increasing expenditure on repairs and maintenance as the property ages.
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Our policy for Restricted Funds is also unchanged. Apart from the small Legacies and Bursary Funds which are used when appropriate circumstances arise, the biggest Fund (Trust 16913) is now, for all practical purposes, indistinguishable from Trust 17944 in terms of how it may be used. Therefore the policy described above is applicable to both funds. Any investment income from Trust 16913 has historically been transferred to Trust 17944 and utilised to offset the deficits arising on the Income and Expenditure Account. No change to this practice is currently envisaged although it is now largely redundant.
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CHURCH RECEIPTS AND PAYMENTS ACCOUNTS
THE METHODIST CHURCH
STANDARD FORM OF ACCOUNTS
Church
FOR THE YEAR ENDED 31 August 2023
Redhill and East Grinstead Circuit Circuit no. 36/11
Registered Charity - Charity Registration number
1130897
If not a registered charity Her Majesty's Revenue and Customs Gift Aid number
(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and may be used to give to donors or grant funders wishing to see evidence of the organisation's charitable status. Methodist charities in England and Wales that are not registered charities are excepted from registration under Statutory Instrument 2014 No.242)
Minister:
Rev Gillian Baalham
Church Stewards: Elizabeth Gregory Lorraine Valler Elaine Penna Chitradevi Jaganathan Martin Ellaby James Pitts
Treasurer: Ken Newbury
SOFA accounts 2023 (140224)
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Church
ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2023
Redhill Methodist
| SECTION A | Unrestricted Funds Restricted Funds |
Unrestricted Funds Restricted Funds |
£ 55,111 9,476 36,784 58,520 Totals this year |
£ 55,111 9,476 36,784 58,520 Totals this year |
Totals last year |
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|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | ||||||
| a1 | RECEIPTS | Note | |||||||
| a2 | Offerings and Tax recovered | 55,111 | 55,111 | 51,939 | |||||
| a3 | Bank and CFB interest and Investment income |
7,904 | 1,572 | 9,476 | 7,593 | ||||
| a4 | Lettings | 36,784 | 36,784 | 34,135 | |||||
| a5 | Other receipts | 58,520 | 58,520 | 59,200 | |||||
| a6 | TOTAL RECEIPTS | 158,319 | 1,572 | **159,891 ** | (a7) | 152,867 | |||
| SECTION B | 60,000 24,567 26,332 47,745 11,096 |
||||||||
| b1 | PAYMENTS | ||||||||
| b2 | Circuit Assessment or Share | 60,000 | 60,000 | 60,000 | |||||
| b3 | Donations | 50,000 | |||||||
| b4 | Repairs and Maintenance | 24,567 | 24,567 | 33,678 | |||||
| b5 | Utilities (Insurances, water charges, heating& lighting) |
26,332 | 26,332 | 18,583 | |||||
| b6 | Wages | 47,745 | 47,745 | 45,809 | |||||
| b7 | Otherpayments | 10,984 | 112 | 11,096 | 9,371 | ||||
| b8 | TOTAL PAYMENTS | 169,628 | 112 | **169,740 ** | (b9) | 217,441 | |||
| (9,849) | |||||||||
| SECTION C | |||||||||
| c1 | NET RECEIPTS/PAYMENTS FOR THE YEAR (a6-b8) |
(11,309) | 1,460 | (9,849) | (64,574) | ||||
| c2 | Total funds brought forward from last year |
46,430 | 48,723 | **95,153 ** | (c6) | 159,727 | |||
| 85,304 | |||||||||
| c3 | (c1+c2) Sub total |
35,121 | 50,183 | 85,304 | 95,153 | ||||
| c4 | Transfers and adjustments | 179 | (179) | (c7) | |||||
| c5 | TOTAL FUNDS AT END OF YEAR (c3+c4) |
35,300 | 50,004 | **85,304 ** | (c8) | 95,153 | (c6) |
| SECTION D | ||||
|---|---|---|---|---|
| d | £ 519 4,692 3,409 1,802 BALANCE STILL TO BE PAID(d1+d2-d3) Balance brought forward from lastyear Offerings/Gifts - received for external organisations Offerings/Gifts -passed to external organisations (these amounts are not to be included in total receipts/payments figures above) FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS |
£ |
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| d1 | Balance brought forward from lastyear | 519 | 675 | |
| d2 | Offerings/Gifts - received for external organisations | 4,692 | 2,990 | |
| d3 | BALANCE STILL TO BE PAID(d1+d2-d3) Offerings/Gifts -passed to external organisations |
3,409 | 3,146 | |
| d4 | 1,802 | 519 |
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SOFA accounts 2023 (140224)
Redhill Methodist
Church
SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL
SECTION E Please follow the Guidance Notes to complete this page Summary of the Church accounts for the year ended 31 August 2023 and Internal Organisations reporting to the Church Council/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. This section must be completed to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District and connected District Organisations.
| SECTION E | SECTION E | SECTION E | SECTION E | SECTION E | SECTION E | SECTION E | SECTION E | SECTION E | SECTION E | SECTION E | SECTION E | SECTION E | SECTION E | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Summary of the Church accounts for the year ended 31 August 2023 and Internal Organisations reporting to the Church Council/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. This section must be completed to arrive at the gross income and expenditure totals of the Church. If gross income exceeds the Accruals threshold, then the Accruals method of accounting AND A DIFFERENT FORM must be used to report the accounts (see Methodist website). Please refer to the guidance notes regarding transfers between the District and connected District Organisations. |
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| INTERNAL ORGANISATIONS | Receipts | Payments | Net Receipts/ Payments |
Adjustments | Opening balances |
Closing balances | ||||||||
| e1 | Wesley Court | 7,200 | 4,661 | 2,539 | 5,777 | 8,316 | ||||||||
| e2 | ||||||||||||||
| e3 | ||||||||||||||
| e4 | ||||||||||||||
| e5 | ||||||||||||||
| e6 | ||||||||||||||
| e7 | ||||||||||||||
| e8 | Sub total of Internal Organisations funds |
7,200 | 4,661 | 2,539 (9,849) (7,310) |
5,777 | (e11) | 8,316 | (e12) | ||||||
| e9 | Church accounts (totals brought forward from page 2 - totals column) |
**159,891 ** | (a7) | **169,740 ** | (b9) | (9,849) | (c7) | 95,153 (c6) | 85,304 | (c8) | ||||
| e10 | TOTAL CASH FUNDS HELD BY CHURCH |
167,091 | 174,401 | (7,310) | 100,930 | (x) | 93,620 | (y) | ||||||
| TOTAL RECEIPTS | TOTAL PAYMENTS |
SECTION F
STATEMENT OF ASSETS AND LIABILITIES
| STATEMENT OF ASSETS AND LIABILITIES | ||||
|---|---|---|---|---|
| CHURCH - CASH FUNDS HELD at 31 August 2023 Cash in hand Bank Current Account Bank Deposit Account SUB TOTAL - Church accounts TOTAL CASH FUNDS HELD BY CHURCH Central Finance Board Trustees for Methodist Church Purposes Other funds Total funds held by Internal Organisations (the closing balance total from above) (e12) |
OPENING BALANCES 25,533 6,490 69,527 (6,397) 95,153 (c6) 5,777 (e11) 100,930 (x) |
CLOSING BALANCES |
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| f1 | Cash in hand | |||
| f2 | Bank Current Account | 27,502 | ||
| f3 | Bank Deposit Account | |||
| f4 | Central Finance Board | 7,214 | ||
| f5 | Trustees for Methodist Church Purposes | 60,908 | ||
| f6 | Other funds | (10,320) | ||
| f7 | SUB TOTAL - Church accounts | 85,304 | (c8) | |
| f8 | Total funds held by Internal Organisations (the closing balance total from above) (e12) |
8,316 | (e12) | |
| f9 | TOTAL CASH FUNDS HELD BY CHURCH | 93,620 | (y) | |
| SECTION G OTHER ASSETS and LIABILITIES Other Assets Land & Buildings(see notes re Insurance value) Loan(s)- show amount outstandingatyear end Other Liabilities Investments(include Endowments) |
At 1 September 2022 295,515 5,570,843 202,077 42,500 |
At 31 August 2023 302,019 6,361,853 230,770 |
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| g1 | Investments(include Endowments) | 295,515 | 302,019 | |
| g2 | Land & Buildings(see notes re Insurance value) | 5,570,843 | 6,361,853 | |
| g3 | Other Assets | 202,077 | 230,770 | |
| g4 | Loan(s)- show amount outstandingatyear end | 42,500 | ||
| g5 | Other Liabilities |
f4 Include only Funds held at the Central Finance Board
f5 Include only Funds held at Trustees for Methodist Church Purposes
g1 Include any other investments (not the cash element of TMCP trusts accounts this is included in line f5
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SOFA accounts 2023 (140224)
Name of Church … Redhill Methodist Church
36/11
Declarations and Scrutiny
I confirm that these Receipt and Payment based accounts for the year to 31 August 2023 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees.
Signature of treasurer ……………………………………………………… Date………16/02/2024
Name and address of treasurer …… Ken Newbury
…………2 Park Road Redhill Surrey RH1 1BT
Presentation to the Church trustees
I confirm that the annual report and accounts for the year ended 31 August 2023 were/will be* presented to the meeting of the Church trustees held on 16/02/2024
Signature of the Chair of the meeting ……………………………………………………………………
Name of the Chair of the meeting …Rev Gillian Baalham 16/02/2024
Independent Examiner’s Report to the Trustees of the
Redhill Methodist Church
Charity Number …………. 1130897
Responsibilities and basis of report
I report to the trustees on my examination of the accounts of the Redhill Methodist Church for the year ended 31 August 2023 set out on pages 1 to 3. As the Church’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Church’s accounts carried out under section 145 of the Act and, in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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SOFA accounts 2023 (140224)
Name of Church ……Redhill Methodist Church
36/11
Independent Examiner’s Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below*) which give me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Act; or
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the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
I have/have not* obtained independent verification of all investments with the Trustees for Methodist Church Purposes or held in other trusts, bank balances and funds at the Central Finance Board of the Methodist Church which are individually in excess of £10,000 (ten thousand pounds) at the balance sheet date.
Signature of independent examiner ………………………………………………………………….
Name of independent examiner ………Yvette How
Relevant professional qualification of independent examiner ………MAAT (MIP)
Name of firm (where appropriate) ……That's How Accountancy and Bookkeeping
Address 6 Frailey Close Maybury Woking
……………………………………………………………………………….. Post Code ……GU22 8EB
Date ……22-May-24
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Form Review
May-23
SOFA accounts 2023 (140224)
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