## **1 September 2023 to 31 August 2024** ## **Charity Number 1133512** ## **Aim and Purpose** The calling of the Methodist Church of Great Britain is to respond to the gospel of God's love in Christ and to live out its discipleship in worship and mission. It does this through worship (increasing awareness of God’s presence and celebrating God’s love), Learning and Caring (enabling people to grow and learn as Christians through mutual support and care), service (being a good neighbour to those in need and challenging injustice) and evangelism (making more followers of Jesus Christ). Penarth Methodist Church makes local the outworking of this calling in Penarth and the surrounding area. Included in this is the upkeep and maintenance of the Trinity buildings on the corner of Stanwell Road and Woodlands Place which are Grade II listed. _**The Principal Officer of the Charity during this period was Revd. Catherine Lewis Number of employees during the year was 1. All volunteers are either trustees of the church or other members.**_ ## _**Date report approved: 04 May 2025**_ The Trustees, responsible for all decisions made including appointments, were as follows on 31 August 2024:- |Rev. Catherine Lewis|Tony Farmer| |---|---| |Angela Davison|Judith Lanning| |Ceri-Lou Newman|David Young| |Ruth Young|Ian Severn| |Carl Brace|Alison Norris| |Rachel Burge|Jenny Corbett| |Mary Farmer|John Hines| |John Jevons|Sheila James| |Margaret Pryde|David Pedwell| |Janet Pedwell|Charles Twinning| |Chris Arnold|John Young| ## **Governance** The church is committed to enabling worship and service and to wider pastoral care of those within its membership and beyond in Penarth and the surrounding area. An overview of these activities is undertaken by the Church Council that meets 2/3 times a year and delegates the day-to-day responsibilities for running the church to its Stewards who are elected annually by the General Church Meeting. The Church Council comprises members of the local church and a rep from the Circuit. All are elected annually by the General Church Meeting, some by virtue of their office, others to ensure that the Council is as representative of the congregation as possible. Being a Methodist Church, we function under the “Constitution, Practice and Discipline of the Methodist Church” revised and published annually by our national governing body, the Conference. Throughout the year the guidance on public benefit and the advancement of religion have been observed. ## **Review of the year** . ## **Appointments** There have been no new appointments during the reporting period. ## **Activities** A Gift Day was held in June which raised nearly £13,000, of which £3,500 was specifically for Organ Repairs. Church membership was 129 on 31 Aug 2024 During the year, the church continued to operate and grow its own Parents and Toddler group called Trinity Tots. Run by church members, this group had an average attendance of 40 children accompanied by 30 Mothers, Fathers and Grandparents! The church continued to operate a community café one morning per week. Called The Meeting Place and run by a group of 15 volunteers offering refreshments and fellowship both to church members and others in the community, it serves on average 25 individuals each week. Junior Church, “Brigade” and other uniformed organizations continued to operate from within the premises providing support, care and activities for children and young people. An After-School Club was started which is attended by about 10 secondary school children. Pastoral visitors continued to maintain a valuable link with members and others linked to the church, particularly to those who are unable to worship regularly due to health conditions. The church continues to provide meeting space for a variety of local community groups through the provision of large and small meeting rooms available for hire. During the year Safeguarding policy has continued to be implemented, GDPR regulations followed and appropriate Health and Safety observed. ## **Property** Trustees continued to exercise their responsibilities for the proper upkeep of the church as a Grade II listed building. Regular planned maintenance was conducted and works identified in the previous Quinquennial Inspection of the property was undertaken. Continuation of work was undertaken for the future improvement of the thermal efficiency of the premises, with the aim of becoming recognized as an ecochurch. We also installed Solar Panels and a Storage Battery System. Work allowing easier access to and within the property for people with mobility difficulties was also undertaken. ## **Finance and Reserves** Trustees reviewed the reserves policy to ensure that monies were spent appropriately yet prudently on mission and property maintenance and improvements. Falling membership numbers through deaths and pressures on personal finances due to the overall economic situation both impacted negatively on giving resulting in larger than anticipated financial losses during the year. Throughout the year staff and the volunteers of the church have given of time, energy and money unstintingly. ## **Rev Catherine Lewis - Chair of Trustees** ## **CHURCH RECEIPTS AND PAYMENTS ACCOUNTS** ## **THE METHODIST CHURCH** # **STANDARD FORM OF ACCOUNTS** ## **PENARTH METHODIST CHURCH** ## FOR THE YEAR ENDED ## 31 August 2024 **VALE OF GLAMORGAN Circuit Circuit no. 02/27 1133512** ## **Registered Charity - Charity Registration number** If not a registered charity **His 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 Catherine Lewis** Church Stewards: **Angela Davison Anthony Farmer Judith Lanning Ceri-Lou Newman David Young Ruth Young** Treasurer: **Dr. Ian D. Severn** SOFA-24 1 of 5 ## **ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **PENARTH METHODIST CHURCH** **----- Start of picture text -----**
Unrestricted Restricted Totals this Totals last
SECTION A Funds Funds year year
£ £ £ £
a1 RECEIPTS Note
a2 Offerings and Tax recovered 65,914 48,918
Bank and CFB interest and
a3 Investment income 3,075 1,978
a4 Lettings 56,552 49,126
a5 Other receipts 62,298 75,800
a6 TOTAL RECEIPTS 187,839 (a7) 175,822
SECTION B
b1 PAYMENTS
b2 Circuit Assessment or Share 59,230 58,025
b3 Donations 872
b4 Repairs and Maintenance 97,040 49,411
Utilities (Insurances, water
b5 charges, heating & lighting) 18,565 18,773
b6
b7 Other payments 25,086 21,747
b8 [TOTAL PAYMENTS ] 199,921 (b9) 148,828
SECTION C
NET RECEIPTS/PAYMENTS
c1 FOR THE YEAR (a6-b8) (12,082) 26,994
Total funds brought forward from
last year
c2 (c6)
c3 Sub total (c1+c2) (12,082) 26,994
c4 Transfers and adjustments (c7)
c5 [TOTAL FUNDS AT END OF YEAR ] (c3+c4) (12,082) (c8) 26,994 (c6)
SECTION D
FOR INFORMATION ONLY: MONEY RECEIVED AND PASSED ON TO EXTERNAL ORGANISATIONS
d (these amounts are not to be included in total receipts/payments figures £ £
d1 Balance brought forward from last year
d2 Offerings/Gifts - received for external organisations
d3 Offerings/Gifts - passed to external organisations
d4 BALANCE STILL TO BE PAID (d1+d2-d3)
**----- End of picture text -----**
2 of 5 SOFA-24 PENARTH METHODIST CHURCH ## **SUMMARY OF CHURCH ACCOUNTS AND INTERNAL ORGANISATIONS REPORTING TO THE CHURCH COUNCIL** **----- Start of picture text -----**
SECTION E Please follow the Guidance Notes to complete this page
Summary of the Church accounts for the year ended 31 August 2024 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.
INTERNAL Net Receipts/ Opening
ORGANISATIONS Receipts Payments Payments Adjustments balances Closing balances
e1
e2
e3
e4
e5
e6
e7
Sub total of Internal
e8 Organisations funds (e11) (e12)
Church accounts (totals
brought forward from page
e9 2 - totals column) 187,839 (a7) 199,921 (b9) (12,082) (c7) (c6) 75,910 (c8)
TOTAL CASH FUNDS HELD
e10 BY CHURCH 187,839 199,921 (12,082) (x) 75,910 (y)
Continue on a separate sheet TOTAL
if necessary and bring the TOTAL RECEIPTS
PAYMENTS
totals forward
**----- End of picture text -----**
## **SECTION F** ## **STATEMENT OF ASSETS AND LIABILITIES** |f1
f2
f3
f4
f5
f6
f7
f8
f9
g1
g2
g3
g4
g5|**CHURCH - CASH FUNDS HELD at 31 August 2024**
**SECTION G**
**OTHER ASSETS and LIABILITIES**
Other Assets
Cash in hand
Bank Current Account
Bank Deposit Account
Land & Buildings (see notes re Insurance value)
**SUB TOTAL - Church accounts**
Loan(s) - show amount outstanding at year end
**TOTAL CASH FUNDS HELD BY CHURCH**
Central Finance Board
Trustees for Methodist Church Purposes
Other funds
Other Liabilities
Total funds held by Internal Organisations (the closing
balance total from above) (e12)
Investments (include Endowments)|**OPENING**
**BALANCES**
29
31,909
5,025
68,856
12,954
**118,773**
(c6)
(e11)
**118,773**
(x)
At
1 September 2023|**CLOSING**
**BALANCES**
7,396
22
82,959
56
**90,433**
(c8)
(e12)
**90,433**
(y)
At
31 August 2024| |---|---|---|---| 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 3 of 5 SOFA-24 Penarth Methodist Church No 2127 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: the accounting records were not kept in accordance with section 130 of the Act., or 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 havelhave 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 . John C Hexter Relevant professional qualification of independent examiner Name of firm (where appropriate) Address 7 Coldbrook Road West, Cadoxton, Barryi Val8 of Glamorgan Post Code CF63 1LF Date 30-Sep-24 delete or circle as appropriate Aug44 SOFA-24 5of5