OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Minister’s Report 2021

As I reflect on 2021, it feels like a year of two halves, almost!

We started the first quarter, as we finished 2020, in lockdown. Then, like the rest of the nation, we navigated the necessary ‘roadmaps’ as we began planning, albeit cautiously, the ‘new reality.’

Continuing to worship on Zoom served us well, but I believe we were all yearning the fellowship of being together, especially I felt, being apart for Easter again was disappointing. With much discussion and preparation, we resumed ‘in-person’ worship on 1[st] August; this was preceded by a Week of Prayer in our church building. It was important to pray for our return, for all affected by the pandemic, and also loss of a loved one in other circumstances; and for our community and beyond.

Over the year, we lost seven members and friends through age and illness; we give thanks for their lives and faithful service and continue to hold their loved ones in prayer.

Thanks to the patience and technical ‘know-how’ of some of our members, we are now able to offer Zoom from church as an option for those who require it for various reasons and this has proved very beneficial.

Our midweek Wednesday Fellowship resumed in October, with the leaders’ preparing talks and activities for the group, and a welcome cuppa and an opportunity for a chat, which so many had missed.

We had a fabulous Harvest Festival and Church Anniversary weekend commencing with a Beetle Drive – still as competitive as ever!! Our Family service on Sunday, and the opportunity to share with our Pre-school on Monday.

Thank you to all who prepared, and those who supported our MacMillan Tea and Cakes event in October; it was wonderful to be together again and give generously towards their work.

Our Lent Bible studies on the ‘Prayers of Jesus,’ were held on Zoom; but I was thrilled to resume in-person studies on the Letter to the Hebrews in October. Unfortunately, our Advent studies were cut short as I finally got caught by the virus!

Thankfully, the excitement of being able to worship together over Advent and Christmas was the ‘boost’ I needed. We were able to share Carol services with our friends at both Hanover and Hughenden Courts. We held both Christingle and Carol services, Midnight Communion on Christmas Eve into Christmas Day, when we returned a little later for our family worship.

Many conversations have been had, and will continue to be, regarding the effects of the last two years. As I write, it is with much more optimism than last year, as we learn to live with the virus and continue to focus our attentions on serving our Lord and our community, both within and

beyond our building. Freedom and fellowship have returned for many, but each of us has a

mandate to ‘love our neighbour’ and share the gospel; and so, we prayerfully commit ourselves

to that purpose, equipped in new ways through this shared experience.

God bless, Pastor Sharon

Trustees Report for 2021.

Once again, I begin this report in expressing the Trustees thanks for your prayer and financial support through another exceptional year.

We began the year still in the grips of the pandemic, with Pre-School the only people using the building. Sunday Services continued to be on Zoom or the printed version either going out on email or being delivered.

It was not until the end of July that prayer meetings resumed, with church services starting on the 1[st] August. Weekly meetings gradually restarted over the autumn.

Zoom has been such a success we therefore managed to install this on the church computer enabling those who are housebound to continue to be part of Sunday worship.

During the year we were able to continue to maintain the building. The three new external doors were at last fitted and the Vestry / Store, stairs to the upper classroom and Green Room have all been decorated.

During October negotiations started on renewing the mortgage on The Manse for a further fiveyear fixed term. In readiness for the beginning of January 2022 when we reach the end of the first five years fixed term.

Hazlemero Fr8e Methodist Church Proflt and Loss Report QI J8rtu￿, 2021- 31 D8ceJyrber, 2021 Cash offerings no gift aid1100021 16.349.40 Christrnas Donations lo OpChChild1100411 100.00 Church Social Events l Meals1100431 175. Don8tions1100231 s.(￿10.00 Funeral Fees1100421 HMRC Gift Aid140111 6,663.50 H811 rentsl1100041 11,740.38 HaNesl Donation lorWWA1100401 104.00 Licence Aprll Collage IIOOYI 303.60 Offering5 with Gfft Aid1100001 17.932.70 WRU Pension Contribulion1100261 690.00 Wednesd¥y Fellowship1100211 137.10 Total Sales £59,425.68 Church Presen18tK)n Costs1100071 80.00 Donations1100051 604.00 WRU Asse55mwl1100301 1,202.50 WRU Pensiry) Contribution lo NEST1100391 690 00 Totsl Dirètl Expenses £2.576.50 GROSS PROFIT I LOSS £56,849.f8 Accountancy Fees176111 946.00 Bank charges & interé￿179001 -1.72 I l M8y20L 14..26 Pap1￿2

Calering1100271 61.12 Cleanin9178101 eA)2.80 Cleaning Mal8rials1100241 185. Employels Pen&on170071 587.Q4 Energy172001 1.787.20 General expenses182001 77.17 InS￿an￿ (76101 831.61 Kilthen Runiiing costs11tM)221 101.oo fvlanse Expenses1100191 3,338.36 Manse Purthase1100141 24,287,16 Matheting162001 233.00 Ministers Expensgs1100251 370.72 Office Eo$l$175001 2,489.96 Piolession81 lees176001 416.22 Repairs arKJ renewals1781￿> 6,663.04 Slaff170001 19,569.96 Visiting Preachers Expenses11Q0281 IC¥).00 Waier Rales171101 186.81 Total Overhead$ £62,833.02 NET PROFIT I LOSS S,983.84 11 Moy 2022 14..26 PEuBZo12

REGISTERED CHARITY NUMBER: 1132405

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 FOR HAZLEMERE FREE METHODIST CHURCH

Taxassists Accountants 13 The Highway Station Road Beaconsfield , Buckinghamshire HP9 1QQ

HAZLEMERE FREE METHODIST CHURCH CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

----- Start of picture text -----
Page
Report of the Trustees 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Financial Statements 5 to 8
Detailed Statement of Financial Activities 9
----- End of picture text -----

HAZLEMERE FREE METHODIST CHURCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number 1132405

Principal address

67 Ashfield Way Hazlemere High Wycombe HP15 7RL

Trustees

Nigel Carpenter Kathy Dawkings Stephen P Cossins Michelle Y Rouyer -Guillet Jo Morton Debbie Carpenter

Independent examiner

Taxassists Accountants 13 The Highway Station Road Beaconsfield , Buckinghamshire HP9 1QQ

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

............................................. Trustee

Page 1

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAZLEMERE FREE METHODIST CHURCH

I report on the accounts for the year ended 31 December 2021, which are set out on pages three to eight.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

My role is to state whether any material matters have come to my attention giving me cause to believe:

  1. that accounting records were not kept as required by section 130 of the Act; or

  2. that the accounts do not accord with those records; or

  3. that the accounts do not comply with the accounting requirements of the Act; or

  4. that there is further information needed for a proper understanding of the accounts.

Independent examiner's statement

I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.

Taxassists Accountants 13 The Highway Station Road Beaconsfield , Buckinghamshire HP9 1QQ

Date: .............................................

Page 2

HAZLEMERE FREE METHODIST CHURCH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

31.12.21
Unrestricted
fund
Notes
£
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary income
58,736
Investment income
2
2
Total incoming resources
58,738
RESOURCES EXPENDED
Charitable activities
Charitable activity
57,154
NET INCOMING RESOURCES
1,584
RECONCILIATION OF FUNDS
Total funds brought forward
192,215
TOTAL FUNDS CARRIED FORWARD
193,799
31.12.20
Total
funds
£
68,597
6
68,603
56,580
12,023
180,192
192,215

The notes form part of these financial statements

Page 3

HAZLEMERE FREE METHODIST CHURCH

BALANCE SHEET AT 31 DECEMBER 2021

31.12.21
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
4
404,117
CURRENT ASSETS
Cash at bank
24,693
CREDITORS
Amounts falling due within one year
5
(66,018)
NET CURRENT ASSETS/(LIABILITIES)
(41,325)
TOTAL ASSETS LESS CURRENT LIABILITIES
362,792
CREDITORS
Amounts falling due after more than one year
6
(168,993)
NET ASSETS
193,799
FUNDS
7
Unrestricted funds
193,799
TOTAL FUNDS
193,799
31.12.20
Total
funds
£
412,395
30,807
(65,793)
(34,986)
377,409
(185,194)
192,215
192,215
192,215

The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by:

............................................. Trustee

The notes form part of these financial statements

Page 4

HAZLEMERE FREE METHODIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. ACCOUNTING POLICIES

ACCOUNTING CONVENTION

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

INCOMING RESOURCES

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

RESOURCES EXPENDED

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold Property - 50 years Improvements to Property - 20 years

TAXATION

The charity is exempt from tax on its charitable activities.

FUND ACCOUNTING

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. INVESTMENT INCOME

----- Start of picture text -----
|||| |---|---|---| |31.12.21|31.12.20| |£|£| |Investment income|2|6|

----- End of picture text -----

3.

TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.

TRUSTEES' EXPENSES

There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.

Page 5

HAZLEMERE FREE METHODIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021

4. TANGIBLE FIXED ASSETS

Freehold
Improvements
property
to property
£
£
COST
At 1 January 2021
361,181
102,924
Additions
-
4,307
At 31 December 2021
361,181
107,231
DEPRECIATION
At 1 January 2021
28,896
22,814
Charge for year
7,224
5,361
At 31 December 2021
36,120
28,175
NET BOOK VALUE
At 31 December 2021
325,061
79,056
At 31 December 2020
332,285
80,110
5.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21
£
Trade creditors
41,116
Taxation and social security
762
Other creditors
24,140
66,018
6.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.21
£
Bank loans
168,993
Totals
£
464,105
4,307
468,412
51,710
12,585
64,295
404,117
412,395
31.12.20
£
41,630
893
23,270
65,793
31.12.20
£
185,194

Page 6

HAZLEMERE FREE METHODIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021

7. MOVEMENT IN FUNDS

At 1/1/21
£
Unrestricted funds
General fund
192,215
Net movement
in funds
£
1,584
At 31/12/21
£
193,799
TOTAL FUNDS
192,215
1,584 193,799
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
58,738
Resources
expended
£
(57,154)
Movement in
funds
£
1,584
TOTAL FUNDS
58,738
(57,154) 1,584
Comparatives for movement in funds
At 1/1/20
£
Unrestricted Funds
General fund
180,192
Net movement
in funds
£
12,023
At 31/12/20
£
192,215
TOTAL FUNDS
180,192
12,023 192,215
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
68,603
Resources
expended
£
(56,580)
Movement in
funds
£
12,023
TOTAL FUNDS
68,603
(56,580) 12,023

Page 7

HAZLEMERE FREE METHODIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021

7. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net movement
At 1/1/20
in funds
At
£
£
Unrestricted funds
General fund
180,192
13,607
TOTAL FUNDS
180,192
13,607
31/12/21
£
193,799
193,799

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Incoming
Resources
Movement in
resources
expended
funds
£
£
£
127,341
(113,734)
13,607
TOTAL FUNDS 127,341
(113,734)
13,607

Page 8

HAZLEMERE FREE METHODIST CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

INCOMING RESOURCES
Voluntary income
Donation & legacies
Hall Rental
31.12.21
31.12.20
£
£
46,996
68,597
11,740
-
Investment income
Investment income
58,736
68,597
2
6
Total incoming resources
RESOURCES EXPENDED
Charitable activities
Running cost of the church
Minister and visiting preacher
Church services and Sunday Sch
Donation paid
Governance Cost
General administration costs
58,738
68,603
6,940
6,417
20,200
20,276
1,203
944
604
910
25,285
24,451
2,922
3,582
57,154
56,580
Total resources expended 57,154
56,580
Net income 1,584
12,023

This page does not form part of the statutory financial statements

Page 9