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||||A
I 4||
|---|---|---|---|---|
|Description ofthe charity's||trusts|||
||Type of governing
document||Deed of Union 1932and Methodist
Church Act 1976||
||How the charity is constituted||Trust||
||Trustee selection methods||The Trustees are the members ofthe Church Council and are either ex-
oNico, elected annually. by the general church meeting or appointed||
||||annually
by the Church Council.||
|Additional
Qovernance issues (Optional
information)|||||
|You may choose to include|||Penketh
Methodist
Church is part ofthe Sankey Valley Methodist|Circuit|
|additional
information,
where
relevant,
about:|||The Church Council sets the Charity's
strategy and monitors
results at
periodic meetings.||
||policies and procedures
adopted for the induction
training oftrustees;|and|The Church Council has established
a Management
Stewards Group that
meets bi-monthly
to focus on deploying
and managing
Church strategy
and reviewing
results.||
||the charity*s organisational||||
||structure
and any wider
network
with which the charity||The Church Council has appointed
committees
forthe furtherance
ofthe
Charity's
work in certain areas, i.e.Pastoral, Worship and Resources||
||works;||||
|~|relationship
with any related
parties;||The Church Council has appointed
individuals
to oversee Safeguarding
and Health 8 Safety||
|~|trustees'
consideration
of||The Church Council have developed a Mission 8 Growth Plan (Oct1 8-||
||major risks and the system||Oct23), which highlights a number ofgoals; for example,
Mission,||
||and procedures
to manage||Fellowship,
Worship,
Children 8 Youth and Community||
||them.||||
||||The purposes ofthe Methodist
Church are and shall be deemed|to have|
||||been since the date ofthe union the advancement
of:-||
||||(a) the Christian
faith in accordance with the doctrinal standards|and the|
||||disciphne
ofthe Methodist
Church;||
|Summary ofthe objects ofthe|||(b) any charitable
purpose for the time being ofany connexional,|district,|
|charity set out in its|||circuit, local orother organisation
ofthe Methodist
Church;||
|governing
document|||(c) any charitable
purpose forthe time being ofany society or institution||
||||subsidiary
or ancillary to the Methodist
Church||
||||(d) any purpose for the time being ofany charity being a charity||
||||subsidiary
or ancillary tothe Methodist
Church||
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|e I|e I|||
|---|---|---|---|
|Summary ofthe main
achievements
ofthe charity
durIng the year||The achievements
and the performance
ofthe Church
in 2021/22 reflected
a return to adegree of normality
for worship and the general use ofthe
building
following the emergence
out ofthe lockdown
and restrictions||
|||throughout
the year.||
|||There has been no significant
increase
in the number ofhirers or users of||
|||the building as we remain restricted to a degree by Ambassadors
covering||
|||to open and dose the building,||
|||There is, though, an eclectic mix|ofusers covering children*s groups,|
|||uniformed
organisations,
painting|groups, gardening
groups,
Drop-In|
|||sessions fortea 8 coffee, yoga,|keep fit, dance groups and fellowship|
|||groups within the Church.||
|||General Funds - The reserves
policy for the General Fund has been reviewed|
|---|---|---|
|Briefstatement ofthe||following the impact ofCOVID on the 2021-22accounts and in determining
how|
|charity's
policy on reserves||much, asa Church, Penketh can continue to contribute toAssessment
payments
tothe Circuit in 2022-23. Church Council wN review the policy|
|||annually.|
|||Restricted Funds —All funds
in the Restricted Funds are for Lay Workers only.|
|||However, to meet any future severance costs in the event ofneeding to make|
|||Lay Workers redundant,
the Restricted
Fund reserves
poHcy is calculated to|
|||cover (for all three
I ay Workers) their three month
notice period and redundancy|
|||costs (based on statutory
redundancy
calculations
for each Lay Worker).
For all|
|||Lay Workers the total notice period costs, including
pension,
and redundancy|
|||rrents are cF10,000. Church Council will review the
Iic annuall
.|
|Details ofany funds|materially||
|In deflclt|||
|Further financial review details||(Optional information)|
|You may choose to
additional
information,
relevant about:|include
where|General Funds —Total General Funds at the end ofAugust 2022 totaHed
825,740,a87,985reduction versus funds at the end ofAugust 2021. Whilst
income was up f19,867year on year this included a Circuit Grant ofR7,500and
the balance was due toa combination
ofincreased
giving and room hire fees.|
|the charity's
principal
sources offunds (including
any fundralslng);||Costs we also up year on year (around K10,000)where we had to cover
significant costs for lift repairs, PAT testing and hiring cleaners.
Finances
remain very tight.|
|how expenditure
has
suppori:ed the key objectives
ofthe charity;||Restricted Funds —AH funds
in the Restricted Funds are for Lay Workers only.
For2021-22we again reported a deficit in paying out more in saiaries then we
received
in donations.
Total funds at the end ofAugust totalled 827,722, a
R6,457 reduction versus Aug21,
Additional
fund raising is being looked at, but|
|investment
policy|and|the current outlook does not look good over 2years out|
|objectives including
any|||
|ethical investment|policy||
|adopted.|||
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|||Reverend
Mark Harwood||
|---|---|---|---|
|||Church Stewards:||
|John|Legg||Joe Royle|
|Margaret|Docherty||Dorothy Ditchfield|
|||Treasurer:||
|||Mr Steve Devers||
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||||Unrestricted|Restricted|Totals this|Totals last|
|---|---|---|---|---|---|---|
||SECTION A||Funds|Funds|year|year|
||Offerings and Tax recovered||39,611||51,912|46,814|
||Bank and CFBinterest and||||||
||lrlvestment
income||||||
||||11,051||11,051|4,106|
||Other receipts|||||5,177|
||TOTAL RECEIPTS||||||
||SECTION 8||||||
|b1|PAYMENTS||||||
||Circuit Assessment|orShare||||34,650|
||Donations||338|||200|
||Repairs and Maintenance||||25,596||
||Utilities (lnsurances,
char es, heating 8|water
lighting|||12,808||
||Building Fund Payments||||||
||Other payments|||23,279||30,071|
||TOTAL PAYIIENTS|||23,279|92,954 (b9}|81,315|
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|SECTION C||||
|---|---|---|---|
||||(25,130}|
|Total funds brought forw'ard
from last year||67,883 (c6}||
|Sub total|27,722|||
|Transfers and adjustments||||
|TOTAL FUNDS AT END OFYEAR|||67,$83 (c6}|
|SECTION D||||
|FOR INFQRIIATION ONLY: MONEY RECEIVED AND PASSED QN|TO EXTERNAL|QRGANISATIQNS||
|---|---|---|---|
|(these amounts are not tobe included
in total receipts/payments|figures above)|||
|Balance brought forward from last year||||
|Offerings/Gifts
-received for external organisations||?10|480|
|Offerings/Gifts
-passed to extemai organisations||710|480|
|BALANCE STILLTOBEPAID||||
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||SECTION E
Please frdlow the|SECTION E
Please frdlow the|SECTION E
Please frdlow the|SECTION E
Please frdlow the|uldance|uldance|stu corn|||||||||||||
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||Summary ofthe Church accounts|forthe||year ended 31||August|2022and internal|Organisations||reporgng tothe|Church|Coundl(Church||Meeting. Note that||the funds ofan||||
||Internal
Organisation
would normally be Restricted funds urdess it could bedearly shown that they could be used forany Methodist purpose.
This secdon must be
comphdad toamve atthe gross income and expenditure
totals ofthe District. Ifgross income exceeds the Accruals threshold,
then the Accruais method ofaccoungng
A DIFFERENT FORM must be used toreport the accounts (see~ist websitej.
Please refer tothe guidance notes~translers
between the District and|||||||||||||||||AND||
||connected
District Organlsatlons.|||||||||||||||||||
||INTERNAL|||||||||||||||||||
||ORGANSATIONS|||||||||||O|I|balances||Closin|babrnces|||
|CI|745Ladies Group|||||||||||||||||||
||||||||1,355|||||||||||2,441||
|e3|Olive Tres Cafd||||||6,142|||||||||||||
|e4|Ladies Fellowship|||813|||||||||||501|||||
|e3|Mens Fellowsldp|||||||||||||||||||
||Sub total ofinternal
0
anisations funds||||||11,470||||||||11,926 (e11}|||11,119|(e12)|
||Church accounts (totals|||||||||||||||||||
|e9|brought forward from page|||||||||||||||||53,461||
||2 -totals column)|||||||||||||||||||
|10|TOTAL CASH FUNDS HELD
BYCHURCH||||||||(15,228}|||||||||||
||Continue on a separate sheet|||||||||||||||||||
||ifnecessary and bring the|'TOTAL||RECEIPTS||||||||||||||||
||totals forward|||||||||||||||||||
||SECTION F|||||||||||||||||||
||STATEMENT OF
S
ND|UABILITIES||||||||||||||||||
||CHURCH - CASH FUNDS HELD|at|31Auguat 2022|||||||OPENING
BALANCES||||||CLOSING
BALANCES||||
|ft|Cash in hand|||||||||||||||||||
|f2|Sank Current Account||||||||||18,799|||||||22,729||
|Iy|Trustees for Methodist Church Purposes|||||||||||||||||||
||Other funds|||||||||||||||||||
||SUBTOTAl. - Church accourds||||||||||SI,883|||||||53,481|(c7)|
|Is|Total fundS held by internal
Organisations
balance total sum above) (e12)|||{theclosing|||||||11,926||||||||(e12)|
||TOTAL CASH FUNDS HELD BYCHURCH||||||||||79,808|(x)||||||||
||SECTION G|||||||||At||||||||||
||OTHER ASSETSand UABIUTIES|||||||||1 September 2021||||||31August 2022||||
||investments
(indude Endowments)|||||||||||||||||||
||Land &Buildings (see notes re Insurance|||value)||||||2,618,035|||||||2,809,'I71|||
||Other Assets||||||||||88,284|||||||94,729||
||Loan(s) - show amount outstanding||at year end|||||||||||||||||
||Other
Uabilities|||||||||||||||||||
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|||Unrestricted|Unrestricted||Restricted|Restricted|Totals this|Totals this|Totals last|
|---|---|---|---|---|---|---|---|---|---|
||SECTION A|Funds|||Funds||year||year|
||Gfferings and Tax recovered||39,611||||51,912||46,814|
||Bank and CFBinterest and|||||||||
||lrlvestment
income|||||||||
||Lettings||11,051||||11,051||4,106|
||Other receipts||10,996||||15,463||5,177|
||TOTAL RECEIPTS||||||78,532 (a7}|||
||SECTION 8|||||||||
|b1|PAYMENTS|||||||||
||Circuit Assessment
orShare||||||||34,650|
||Donations|||338|||||200|
||Repairs and Maintenance||||||25,596|||
||Utilities (lnsurances,
water
char es, heating 8 ligh8ng||||||12,808|||
||Building Fund Payments|||||||||
||Other payments|||||23,279|||30,071|
||TOTAL PAYIIENTS|||||23,279|||81,315|
||SECTION C|||||||||
||||||||||(25,130}|
||Total funds brought forw'ard
from last year||||||87,883 (c6}|||
||Sub total|||||27,722||||
||Transfers and adjustments|||||||||
||TOTAL FUNDS AT END OFYEAR||||||||67,$83 (c6}|
||SECTION D|||||||||
||FOR INFQRIIATION ONLY: MONEY RECEIVED AND PASSED QN||TO|EXTERNAL||QRGANISATIQNS||||
||(these amounts are not tobe included|in total receipts/payments|figures||above)|||||
||Balance brought forward from last year|||||||||
||Offerings/Gifts
-received for external organisations|||||||?10|480|
||Gfferings/Gifts
-passed to extemai organisations|||||||710|480|
||BALANCE STILLTOBEPAID|||||||||
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